Reuters India Business

By Praveen Paramasivam and Bharath Rajeswaran (Reuters) -India’s Raymond Realty, recently carved out from the namesake conglomerate, is on track to list in early July as the group looks to streamline its corporate structure, a top executive told Reuters on Tuesday. This will be Raymond’s third publicly traded entity after Raymond Lifestyle, which houses the …

India’s Raymond Realty to list in early July, top executive says Read More »

By Sai Ishwarbharath B and Praveen Paramasivam BENGALURU (Reuters) -India’s BigBasket plans to roll out 10-minute food delivery services nationwide by the end of fiscal 2026 as competition intensifies in the $7.1 billion quick-commerce space, its executive told Reuters on Tuesday. The Tata-backed grocery giant will take on established players such as Swiggy’s Snacc, Blinkit’s …

BigBasket to launch 10-minute food delivery across India by March 2026, executive says Read More »

By Bharath Rajeswaran (Reuters) -Indian benchmark indexes closed flat on Tuesday as profit booking in financials offset gains driven by optimism around the U.S.-China trade talks and continued policy support from the Reserve Bank of India. The Nifty 50 closed little changed at 25,104.25, while the Sensex ended fell a marginal 0.06% to end at …

Indian shares muted as pullback in financials offsets broader gains Read More »

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee was marginally higher in early trading on Monday, sidestepping modest declines in most regional currencies on the back of dollar-selling interest from foreign and state-run banks, traders said. On the day, the rupee was last quoted at 85.55, up marginally from its close of 85.62 in …

Rupee treads water with Asian peers, volatility curve shifts lower Read More »

BENGALURU (Reuters) -India’s consumer inflation rate likely eased to a more than six-year low of 3% in May thanks to a favourable base and a further moderation in food prices, a Reuters poll forecast, supporting last week’s larger-than-expected interest rate cut. On Friday the Reserve Bank of India (RBI) stunned financial markets by slashing its …

India May inflation likely cooled to 3% as food price pressure eases Read More »

By Sarah Qureshi (Reuters) – Gold prices edged higher on Monday, supported by a weaker U.S. dollar, as market participants kept a close eye on the ongoing U.S.-China trade talks. Spot gold rose 0.8% to $3,335.02 an ounce, as of 1350 ET (1750 GMT), after dropping to a more than one-week low earlier in the …

Gold edges higher with spotlight on US-China trade talk Read More »

CHANDRAPUR/SOLAPUR, India (Reuters) -April marks the start of the cruelest months for residents of Solapur, a hot and dry district in western India. As temperatures soar, water availability dwindles. In peak summer, the wait for taps to flow can stretch to a week or more. Just a decade ago, water flowed every other day, according …

India’s $80 billion coal-power boom is running short of water Read More »