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Rupee jumps 19 paise to 87.03 against US dollar in early trade

Mumbai, Mar 13 (PTI) The rupee appreciated 19 paise to 87.03 against the US dollar in early trade on Thursday, buoyed by a favourable macroeconomic data that also led to a buying rush in domestic equity markets. According to forex analysts, escalated tariff tensions worldwide continued to fuel the foreign capital outflow, but a weaker American currency index and lower level of crude oil prices added strength to the local unit. At the interbank foreign exchange, the rupee opened stronger at 87.13 and touched a high of 87.03 against the greenback in early deals, registering a sharp gain of 19

IT stocks lead India’s benchmark indexes higher at open

March 13 (Reuters) – India’s benchmark indexes opened marginally higher on Thursday, tracking global market trends, and as investors drew comfort from softer-than-expected inflation data in the U.S. and India. The Nifty 50 rose 0.15% to 22,501 as of 9:20 a.m. IST, while the Sensex gained 0.18% to 74,138.81. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here. Nine of the 13 major sectors advanced at open, with IT stocks rising 0.7% to lead sectoral gains. The IT index confirmed a bear market on Wednesday. The rise

Gold rises as tariff uncertainty, cooler inflation data lend support

March 13 (Reuters) – Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts. Spot gold was up 0.4% at $2,943.66 an ounce, as of 0300 GMT, while U.S. gold futures firmed 0.2% to$2,951.90. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here. “I think $3,000 is the next logical target, likely reached sometime over the next several months,” said Marex analyst Edward Meir. “CPI data was encouraging but

Green tea can help you live longer

Drinking tea at least three times a week could reduce the risk of dying from cardiovascular disease and is linked with a longer and healthier life, a new study suggests. Chinese researchers found the health benefits associated with tea were more pronounced for drinkers of green, rather than black tea, and for those who had been drinking tea regularly over a longer period of time. The benefits were also clearer among men, the study indicated. Researchers looked at data from 100,902 Chinese people with no history of heart attack, stroke or cancer and divided them into two groups: habitual drinkers

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