(Reuters) -Online fashion retailer Boohoo said on Wednesday it was entering the Indian market through a deal to feature its brands on Walmart Inc-owned online fashion site Myntra. The UK-based group and its Dorothy Perkins and Nasty Gal brands will offer categories including dresses, tops, bottoms and footwear on the Indian site. The three brands …
British fashion retailer Boohoo partners with India’s Myntra Read More »
By Ira Dugal and Aftab Ahmed NEW DELHI (Reuters) -India plans to use government capital spending to sustain strong economic growth, finance minister Nirmala Sitharaman told  the Reuters NEXT conference on Wednesday, forecasting a “very good” economy ahead of 2024 national elections. The government will also place a priority on health and education, said Sitharaman, …
India to step up state spending to boost growth – finance minister Read More »
By Munsif Vengattil and Jose Devasia VIZHINJAM, India (Reuters) -Hundreds of people from a Hindu group marched on Wednesday in support of the construction of a $900 million port in southern India, shouting slogans against a local Catholic church that is trying to stall the project. Police in riot gear set up barricades and blocked …
Hindu group hold rally for Adani port stalled by Indian fishing community Read More »
By Una Galani and Nupur Anand MUMBAI (Reuters) -India’s biggest companies should be investing much more than they are currently, Uday Kotak, chief executive of Kotak Mahindra Bank said in an interview at the Reuters NEXT conference on Wednesday. He said that while interest rates were going up and there were many uncertainties for the …
(Reuters) – An Indian government panel has recommended ending control on pricing of gas output from old blocks from January 2027, the head of the panel, Kirit Parikh, said on Wednesday in an interview with CNBC TV18. Output from old blocks account for about 80% of India’s annual gas output of 91 billion cubic metres. …
Indian govt panel favours ending control on pricing of gas from old blocks from 2027 Read More »
By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets to break out of their torpor, according to market strategists polled by Reuters who have broadly cut their 2023 forecasts compared with three months ago. That may be a tall order, however, given major central …
Global stocks to grind higher, lacklustre year ahead: Reuters poll Read More »
BENGALURU (Reuters) -Indian shares erased morning gains on Wednesday to trade nearly flat, as investors cautiously awaited gross domestic product data and the U.S. Federal Reserve Chair Jerome Powell’s speech. The S&P BSE Sensex was down 0.02% to 62,672.80, as of 11:00 a.m. IST. The NSE Nifty 50 index ticked 0.01% higher to 18,619.95, after …
Indian shares pare gains as investors eye GDP data, Powell’s speech Read More »
By Medha Singh and Lisa Pauline Mattackal (Reuters) – The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cryptocurrencies, typically linked to sports teams like Barcelona or Brazil, has been charged up by the soccer World Cup which …
Cryptoverse: Messi takes on Ronaldo in fan coin world cup Read More »
By Seher Dareen (Reuters) – Gold prices rose 1% on Tuesday, helped by a retreat in the dollar and hopes for less aggressive rate hikes from the U.S. Federal Reserve going forward. Spot gold gained 0.6% to $1,751.21 per ounce by 2:02 p.m. ET (1902 GMT) and U.S. gold futures settled 0.5% higher at $1,748.4. …
Gold rises on dollar pullback, hopes of slower rate hikes Read More »
(Reuters) -New Delhi Television Ltd said late on Tuesday founders Radhika Roy and Prannoy Roy had resigned as directors on the board of the promoter group vehicle RRPR Holding Private Ltd. The resignation comes a day after NDTV said an entity backed by the founders had issued shares to a unit of Adani Group, taking …
India’s NDTV says Prannoy, Radhika Roy resigned as directors of promoter group Read More »
