Business

Gold retreated on Thursday, following a sharp rise in the last session, as investors squared positions to focus on whether U.S. Federal Reserve Chairman Jerome Powell signals a change in monetary strategy.

Speaking at an event organised by the Business Standard newspaper, Das said factors like an improved debt-to-gross domestic product ratio, an in-check fiscal deficit, well-controlled inflation and a sharply better current account were all positive for the...

Gold prices were mostly unchanged on Thursday after rising more than 1% in the previous session on a weaker U.S. dollar, as investors awaited a speech from Federal Reserve Chairman Jerome Powell due later in the day.

Afterpay laid out plans on Thursday for its buy now, pay later service to be available on at least three continents, capitalising on the sector's burgeoning popularity, as the Australian firm said its fullyear loss more than halved.

Global stock markets are forecast to close the year below their prepandemic highs, but will still keep alive for at least another six months a bull run that is defying a sombre economic outlook across much of the world, Reuters polls of market experts fou...

Oil prices steadied on Wednesday, pressured by worries about the demand outlook during the coronavirus pandemic but buoyed as U.S. producers shut output in the Gulf of Mexico ahead of Hurricane Laura.

Three men were arrested in Japan on Wednesday on suspicion of making fraudulent applications for government funds for businesses hit by the coronavirus in a scheme that may have cost taxpayers up to 400 million yen ($3.77 million), NHK reported.

The 2021 Davos World Economic Forum (WEF) summit of business leaders and politicians has been called off for January due to the coronavirus pandemic, with organisers planning to reschedule the event to sometime early next summer.

He said Indian Railways will be a 100 per cent electricity-driven rail network in coming years which would make it the largest such network in the world.

Welcoming the renewal of the Indian-Chinese Phytosanitary (related to plant) protocol on reviving the export of tobacco leaves, the committee said all efforts, including consultations with the Chinese government, should be made at the earliest.

Stocks and bond yields rose on Wednesday as investors made riskier bets amid optimism about U.S.China trade and expectations of ample central bank stimulus before a key speech by the U.S. Federal Reserve chairman at Jackson Hole.

For many students, going back to school this fall could be just a figure of speech.

Given the increasing urbanisation and population trends, there will be 90 million additional workers in search of non-farm jobs by 2030 and India will have to triple job creation to 12 million gainful non-farm jobs per year from the 4 million achieved bet...

Australia's Whitehaven Coal posted a 95% plunge in annual profit on Wednesday as coronavirustriggered lockdowns hammered coal demand, sending its shares to their lowest in more than four years.

Australia will boost defence spending by A$1 billion ($716.80 million) to upgrade military facilities and offer additional paid employment to army reservists, as Canberra seeks to soften the economic blow of COVID19.

Honda has reached an $85 million settlement with multiple states over allegations that it hid safety failures in the airbags of certain Honda and Acura vehicles sold in the U.S.