Reuters India Business

(Reuters) -Reliance Infrastructure has partnered with France’s Dassault Aviation to make Falcon 2000 jets in India, the companies said on Wednesday, as the South Asian country aims to increase sourcing of locally-made defense equipment. Dassault said it aims to deliver the first made-in-India jets by 2028 for corporate and military use, and will cater to …

Dassault, Anil Ambani’s Reliance to make Falcon 2000 business jets in India Read More »

(Reuters) -India’s aviation safety watchdog said on Tuesday surveillance conducted on Air India’s Boeing 787 fleet did not reveal any major safety concerns, days after one of its jets crashed, killing at least 271 people. “The aircraft and associated maintenance systems were found to be compliant with existing safety standards,” the Directorate General of Civil …

India regulator says no ‘major safety concerns’ on Air India’s Boeing 787 fleet Read More »

By Isla Binnie NEW YORK (Reuters) -Wall Street indexes ended lower, oil kept climbing and U.S. borrowing costs fell on Tuesday as U.S. President Donald Trump left the Group of Seven summit early and investors awaited a series of interest rate decisions by major central banks. Trump returned to Washington a day before the summit …

Conflict concerns weigh on indexes, bolster oil and US debt Read More »

By Sarah Qureshi (Reuters) – Gold prices edged up on Tuesday as Iran-Israel tensions boosted safe-haven demand but a stronger dollar capped gains, while silver surged to a 13-year high. Spot gold rose 0.2% to $3,390.59 an ounce as of 0151 pm EDT (1751 GMT). U.S. gold futures settled 0.3% lower at $3,406.9. The U.S. …

Gold inches up on safe-haven demand as Middle East tensions rise Read More »

(Reuters) -India’s markets regulator on Tuesday barred former executive at IIFL Securities Sanjiv Bhasin from the securities markets for allegedly making misleading stock recommendations on television and social media platforms. The Securities and Exchange Board of India (SEBI) in an interim order alleged that Bhasin bought shares and then promoted those stocks on business news …

India regulator bars former IIFL executive from markets over alleged stock manipulation Read More »

By Manvi Pant and Sethuraman N R (Reuters) -Hindustan Zinc, India’s biggest producer of the refined metal, has approved a project worth 120 billion rupees ($1.39 billion) to ramp up capacity, the miner said on Tuesday. The company will set up a metals complex with 250 kilo tonnes (KT) per annum capacity, at a location …

Indian miner Hindustan Zinc approves $1.39 billion project Read More »

By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator has approved requests from the National Stock Exchange of India and BSE to move the expiry of equity derivatives contracts to Tuesdays and Thursdays, respectively, the exchanges said separately. At present, NSE offers weekly and monthly derivatives contracts expiring on Thursdays while BSE offers expiries on …

India markets regulator approved changes to derivative expiry days, exchanges say Read More »