Reuters India Business Archives - Page 114 of 1191

Indian consumer firm Marico says quarterly revenue to jump 30% on price hikes

3 Oct 2025 3 Oct 2025

(Reuters) -Indian consumer firm Marico sees consolidated quarterly revenue growing about 30% year-on-year and expects “modest” operating profit growth, it said on Friday, driven by price hikes and higher sales of its premium hair oils. The company, known for its Saffola brand of cooking oils, said underlying volume growth for its domestic business in the …

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India central bank proposes to ease foreign borrowing rules for firms

3 Oct 2025 3 Oct 2025

MUMBAI (Reuters) -India’s central bank on Friday proposed linking corporate foreign borrowing limits to financial strength and scrapping cost caps on most such debt in a push to improve funding flows under wider measures unveiled this week by Governor Sanjay Malhotra. The RBI’s proposal allows firms to raise up to $1 billion or 300% of …

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Banks, metals boost India’s equity benchmarks to weekly gains

3 Oct 2025 3 Oct 2025

By Bharath Rajeswaran (Reuters) -India’s equity benchmarks inched higher on Friday and logged weekly gains, led by banks after the regulator announced a raft of lending reforms and as metals advanced on dollar weakness. The Nifty 50 rose 0.23% to 24,894.25, while the BSE Sensex added 0.28% to 81,207.17. The indexes rose about 1% in …

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Rupee caps rough week on a quiet note but pressure likely to persist

3 Oct 2025 3 Oct 2025

By Jaspreet Kalra MUMBAI, October 3 (Reuters) -The Indian rupee closed slightly weaker on Friday, steadying just above its all-time low, but sentiment remained skewed against the currency on the back of ongoing U.S.-India trade frictions and portfolio outflows. The currency remained under pressure even as the dollar was on course to notch its worst …

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India allows exports of de-oiled rice bran after two-year ban

3 Oct 2025 3 Oct 2025

By Rajendra Jadhav NEW DELHI (Reuters) -India on Friday lifted its ban on exports of de-oiled rice bran with immediate effect, ending restrictions that had been in place for more than two years, the government said. Before the ban was imposed in July 2023, India exported 500,000 metric tons of de-oiled rice bran per year, …

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Gold heads for seventh weekly gain on US shutdown fears, rate cut expectations

3 Oct 2025 3 Oct 2025

By Anmol Choubey and Anushree Mukherjee (Reuters) -Gold prices held steady on Friday, poised for a seventh consecutive weekly rise, as expectations of further U.S. interest rate cuts and concerns over the economic impact of a prolonged government shutdown lent support. Spot gold rose 0.03% to $3,857.25 per ounce by 0921 GMT, after hitting a …

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Indian ministers push domestic alternatives to Google, Microsoft apps amid strained US ties

3 Oct 2025 3 Oct 2025

By Arpan Chaturvedi NEW DELHI (Reuters) -Three cabinet colleagues of Indian Prime Minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for “Made in India” products amid trade tension with the United States. After the United States imposed a 50% tariff on …

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Gold heads for seventh weekly gain on US shutdown fears, rate cut expectations

3 Oct 2025 3 Oct 2025

By Anmol Choubey and Anushree Mukherjee (Reuters) -Gold prices held steady on Friday, poised for a seventh consecutive weekly rise, as expectations of further U.S. interest rate cuts and concerns over the economic impact of a prolonged government shutdown lent support. Spot gold held its ground at $3,859.69 per ounce, as of 0739 GMT, following …

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Gold set for seventh weekly rise on US rate-cut hopes, government shutdown

3 Oct 2025 3 Oct 2025

By Brijesh Patel (Reuters) -Gold edged higher on Friday and was set for a seventh straight weekly gain, buoyed by expectations of further U.S. interest rate cuts this year and worries over the impact of a U.S. government shutdown. Spot gold was up 0.1% at $3,859.09 per ounce, as of 0623 GMT, after hitting an …

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India finance minister says growth remains resilient, but no room for complacency

3 Oct 2025 3 Oct 2025

By Nikunj Ohri NEW DELHI (Reuters) -India’s Finance Minister Nirmala Sitharaman said on Friday that the government is committed to increasing state capital spending to support economic growth, stressing that the economy has remained resilient despite global headwinds. “With the steady share of consumption and investment in the overall GDP over the years, India’s growth …

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