Reuters India Business

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee experienced choppy trading before ending nearly flat on Monday as a broad based decline in the U.S. dollar blunted risk aversion spurred by the escalation in the Iran-Israel conflict. The rupee closed at 86.0650 against the U.S. dollar, nearly unchanged from its close of 86.08 in …

Rupee ends nearly flat following choppy trading; forward premiums dip Read More »

By Aditya Kalra NEW DELHI (Reuters) -Air India’s Chairman N. Chandrasekaran on Monday told staff that last week’s plane crash that killed at least 271 people should be a catalyst to build a safer airline, urging employees to stay resolute amid any criticism. In a town hall held at the headquarters of the Tata Group-owned …

Air India chairman says crash should drive effort to build safer airline Read More »

By Manoj Kumar and Nikunj Ohri NEW DELHI (Reuters) -India’s merchandise trade deficit narrowed sharply to $21.88 billion in May, aided by a slowdown in imports along with seasonal improvement in exports, government data released on Monday showed. The trade deficit was lower than the $25 billion expected by economists in a Reuters poll, and …

India’s trade deficit narrows to $21.88 billion in May Read More »

By Bharath Rajeswaran (Reuters) -India’s equity benchmarks rose on Monday, clawing back from early range-bound trades as gains in IT and financial stocks offset caution stemming from the ongoing Israel-Iran conflict. The Nifty 50 rose 0.92% at 24,946.50 and the BSE Sensex rose 0.84% to 81,796.15. Markets are exhibiting resilience despite geopolitical and trade risks …

India’s equity benchmarks snap two-day losing streak as IT and financials rise Read More »

By Rajendra Jadhav MUMBAI (Reuters) -India’s monsoon has revived after stalling for more than a fortnight, and rains are set to cover central parts of the country this week, bringing relief from the heatwave in the grain-growing northern plains, two senior weather officials said on Monday. The monsoon, the lifeblood of the country’s nearly $4 …

India’s monsoon back on track, heatwave to ease, says weather officials Read More »

(Reuters) -British luxury carmaker Jaguar Land Rover lowered its fiscal 2026 earnings before interest and taxes margins forecast to 5%-7% on Monday from 10% earlier, amid uncertainty in the global auto industry as U.S. tariffs loom. Shares in the company’s Indian parent Tata Motors slumped as much as 5.2% in early trade following the announcement. …

British carmaker JLR trims FY26 margin forecast on US tariff concerns Read More »