Reuters India Business

By Pranoy Krishna BENGALURU -India’s consumer inflation rate likely eased back below the lower end of the RBI’s 2-6% target range to 1.70% last month on persistent cooling in food prices, according to economists polled by Reuters. Food prices, which account for nearly half of the consumer price index, have dropped sharply in recent months …

India inflation likely slipped back below RBI target range in September: Reuters Poll Read More »

NEW DELHI (Reuters) -India has declared three cough syrups as toxic following the deaths of at least 17 children in the past month. While all the deaths have been linked to Coldrif, regulators in the world’s third-largest medicine-producing country have asked consumers to also avoid Respifresh TR and ReLife. None of the syrups have been …

Factbox-India declares three cough syrups toxic after child deaths Read More »

NEW DELHI/MUMBAI (Reuters) -Two senior Indian ministers have, in an uncommon intervention, urged Tata Group’s charity arm to resolve internal boardroom disputes to ensure stability at the sprawling $180-billion business empire it controls, sources told Reuters on Wednesday. The discord within Tata Trusts, a year after the death of family patriarch Ratan Tata, has raised …

Indian government seeks resolution of dispute at Tata charity arm, sources say Read More »

(Reuters) -India’s markets regulator on Wednesday increased the minimum block deal size to 250 million rupees ($2.82 million) from 100 million rupees as part of its proposed changes to the country’s framework for such transactions. A block deal is used to execute large trades through a single transaction without putting either the buyer or seller …

India’s markets regulator revises block deal norms, raises minimum size Read More »

By Polina Devitt LONDON (Reuters) -Anxieties over global geopolitical and economic risks are the biggest drivers pushing gold’s 54% surge this year to a record over $4,000 an ounce, with analysts seeing little to halt the rally. The precious metal has climbed twofold over the last two years as investors have sought safety amid risks …

Gold set to extend record-breaking run on global anxieties Read More »

By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) -Hollywood and Bollywood groups are lobbying an Indian panel for stricter copyright protection that will prevent artificial intelligence firms from using their intellectual property to train AI models, letters show. AI companies remain at loggerheads with content owners globally and governments are fast developing regulations that lay down rules for …

Hollywood, Bollywood groups lobby Indian panel to protect content from AI models Read More »