Reuters India Business

By Nimesh Vora and Anushka Trivedi MUMBAI (Reuters) – The Indian rupee could end the year higher than earlier forecast, according to a few analysts who have reviewed their calls based on sliding dollar and improving outlook on Asian currencies following the U.S. inflation data. The rupee, on the back of the softer-than-expected U.S. inflation …

Indian rupee may end 2022 higher than earlier view as dollar slips – analysts Read More »

By Bhakti Tambe and Dharamraj Dhutia MUMBAI (Reuters) – Indian government bond yields were largely unchanged on Tuesday, as the expected easing of inflation in October was already baked into the market, while the early dip in yields, tracking oil prices, was not sustained. The benchmark Indian 10-year government bond yield was at 7.2870% as …

Bond yields little changed as Oct inflation meets estimates Read More »

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee slipped between gains and losses in choppy trading on Tuesday, while the USD/INR overnight swap rates declined, fuelled by cash dollar outflows, traders said. The rupee dropped to as much as 81.4425 to the dollar, adding to its decline in the previous session. The local unit …

Indian overnight swap rates fall on cash dollar outflows; rupee choppy Read More »

By Praveen Paramasivam BENGALURU (Reuters) – Indian shares gave up opening gains on Tuesday, dragged by consumer and IT stocks, as investors secured profits after a four-week rally, even as data showed annual retail inflation for October eased roughly in line with estimates. The NSE Nifty 50 index was down 0.19% at 18,294.10 as of …

Indian shares edge down as consumer, tech stocks drag Read More »

NEW DELHI (Reuters) – Indian conglomerate Adani Group on Monday moved a step closer in its takeover of news broadcaster New Delhi Television Ltd with an approval from the market regulator to buy an additional 26% stake, according to a person familiar with the matter. The ports-to-energy conglomerate run by Asia’s richest man, Gautam Adani, …

India’s Adani Group gets regulatory nod for NDTV open offer, source says Read More »