Reuters India Business

(Reuters) -Air India said on Wednesday it will cut international operations on its widebody aircraft by 15% for the next few weeks, citing ongoing safety inspections and operational disruptions following last week’s deadly crash of one of its Boeing 787 Dreamliners. Authorities continue to investigate the crash of flight AI171, which killed 241 people and …

Air India to cut international flights on widebody aircraft by 15% Read More »

By Sarah Qureshi (Reuters) – Gold prices were little changed on Wednesday as investors waited for the Federal Reserve’s policy decision and comments from Chair Jerome Powell, while platinum surged to a more than four-year peak. Spot gold was steady at $3,387.89 an ounce by 1145 a.m. EDT (1545 GMT). U.S. gold futures was flat …

Gold little changed ahead of Fed decision, platinum hits more than 4-year high Read More »

By Jayshree P Upadhyay and Nishit Navin MUMBAI (Reuters) -India’s markets regulator on Wednesday reduced the regulatory requirements for foreign investors who invest exclusively in the country’s government bonds. The Securities and Exchange Board of India’s board, which met in Mumbai, also made it easier for state-owned companies to delist their shares from stock exchanges. …

India markets regulator eases rules for foreign investors who only buy government bonds Read More »

(Reuters) -Shares of India’s BSE Ltd slipped on Wednesday after the exchange operator shifted weekly derivatives expiry to Thursdays, in a move analysts said would result in market share loss to bigger rival NSE. The listed exchange said late on Tuesday it will shift the expiry of its weekly equity derivative contracts from Tuesdays starting …

India’s BSE slips as expiry day shift raises market share, profit hit concerns Read More »

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee declined on Wednesday on the back of persistent corporate hedging activity and elevated oil prices as market participants continued to fret over escalating hostilities in the Middle East. The rupee ended at 86.4775 against the U.S. dollar, down nearly 0.3% from its close of 86.24 in …

Rupee falls as corporate dollar bids, elevated oil prices weigh Read More »

(Reuters) -Indian e-scooter maker Ather Energy said on Wednesday it plans to double its retail network to 700 centres across India by the end of fiscal 2026 as it looks to strengthen its reach in the northern parts of the country. As of March 31, Ather had 351 centres in India, with almost half located …

Ather Energy to double retail network in India, expand service centres Read More »

By Bharath Rajeswaran (Reuters) -Indian shares closed lower on Wednesday, as escalating hostilities in the Middle East dampened investor sentiment ahead of the U.S. Federal Reserve’s monetary policy decision. The Nifty 50 fell 0.17% at 24,812.05 and the BSE Sensex lost 0.17% to 81,444.66. Both the benchmarks swung between 0.3% gains and losses in morning …

Indian shares inch lower weighed by Mideast conflict; Fed policy awaited Read More »