NEW DELHI (Reuters) – India’s foreign minister Subrahmanyam Jaishankar said on Wednesday the country is willing to make investments in Sri Lanka to help it ease a financial crisis. Sri Lanka has been suffering a severe shortage of foreign exchange, leading to widespread power cuts in recent days after being left unable to pay for …
India foreign minister says willing to make investments in Sri Lanka Read More »
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) -The Indian government may hold more debt auctions after its last scheduled tender for the fiscal year on Friday, two people familiar with the matter said, to take advantage of the relatively low cost of borrowing. The government had cancelled its last two weekly debt sales, …
Indian government may auction more debt in 2021/22 -sources Read More »
By Seher Dareen (Reuters) – Gold hit its highest in nearly nine months on Tuesday before pulling back as investors waiting for developments in the Ukraine crisis repositioned near the pivotal $1,900 an ounce mark. Spot gold was down 0.2% at $1,902.71 per ounce by 14:06 ET (1906 GMT), having hit its highest since June …
Gold eases off 9-month peak as investors eye Ukraine developments Read More »
By Seher Dareen (Reuters) – Gold prices hit its highest in nearly nine months on Tuesday before pulling back as investors waiting for more developments in the Ukraine crisis repositioned near the pivotal $1,900 an ounce mark. Spot gold was down 0.2% at $1,902.08 per ounce by 12:25 p.m. ET (1725 GMT), having hit its …
Gold eases off 9-month peak as investors eye Ukraine developments Read More »
BENGALURU (Reuters) – Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million in an IPO early next year, the Nikkei reported on Tuesday, citing people familiar with the matter. Swiggy has begun adding independent directors to the board, and plans to position itself as …
India’s Swiggy eyes $800 million IPO early next year – Nikkei Read More »
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI (Reuters) – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not sacrifice their interests to meet the goals set out by the government, its controlling shareholder, sources said. In virtual roadshows for India’s …
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources Read More »
(Reuters) – Gold hit a near nine-month high on Tuesday, as the situation in Eastern Europe intensified after Russia ordered troops into breakaway regions of eastern Ukraine, supporting demand for safe-haven bullion. Spot gold was up 0.2% at $1,909.33 per ounce by 0753 GMT, after scaling its highest since June 1 at $1,913.89 per ounce …
Gold hits near nine-month high as Ukraine crisis deepens Read More »
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) – India’s federal police have questioned the former CEO of the National Stock Exchange (NSE) and her adviser as part of an investigation into suspected corporate governance lapses at the country’s biggest bourse, a police source said on Tuesday. Central Bureau of Investigation (CBI) police officials …
India police ratchet up pressure on top bourse NSE after yogi saga Read More »
NEW DELHI (Reuters) -India’s fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial activity and mobility in Asia’s third largest economy after months of stagnation. India’s fuel consumption in 2022-23, a proxy for oil demand, could rise to 214.5 million …
India expects fuel demand to grow 5.5% in the next fiscal year Read More »
By Noah Browning LONDON/HOUSTON (Reuters) -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil prices near $100 a barrel. Brent crude futures jumped $2.74, or 2.91%, to $96.28 a barrel by 2 p.m. ET (1910 GMT). U.S. West Texas Intermediate (WTI) …
Oil rises as Russia-West stand-off alarms tight market Read More »
