Reuters India Business

Indian ride-hailing platform Rapido venturing into food delivery, document shows

By Praveen Paramasivam and Haripriya Suresh (Reuters) -Rapido is entering the food delivery segment with a new platform that charges restaurants a fixed fee per order, according to a proposal to restaurants seen by Reuters on Monday, as the Indian ride-hailing platform looks to compete with Swiggy and Eternal’s Zomato. Swiggy and Zomato charge commission …

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Cricket-T20 can be US craze like yoga and Bollywood weddings

By Amlan Chakraborty (Reuters) -Indian-American businessman Sanjay Govil is convinced Twenty20 cricket can be the next big cultural import into the United States, following a trail blazed by yoga and Bollywood-style weddings. Previous investors have held similar dreams of breaking into the U.S. sports league market, only to be thwarted by the nation’s obsession with …

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India faces two years of sugar surplus, growers and officials say

By Rajendra Jadhav SATARA, India (Reuters) -India is set to produce surplus sugar for at least two consecutive years, as millions of farmers expand the area under sugarcane cultivation amid ample rainfall, boosting crop yields, growers and industry officials said. The rebound in production would allow the world’s second-largest sugar producer to increase exports in …

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India cenbank deputy flags concerns in microfinance sector, urges reforms

MUMBAI (Reuters) -India’s microfinance sector continues to grapple with high interest rates, rising borrower over-indebtedness, and coercive recovery practices, highlighting the need for urgent lender reforms, a deputy governor of the central bank said. “The (microfinance) sector continues to suffer from vicious cycle of over-indebtedness, high interest rates and harsh recovery practices,” M. Rajeshwar Rao …

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U.S. pizza chain Little Caesars eyes India expansion with dozens of new stores

By Praveen Paramasivam (Reuters) -U.S. pizza chain Little Caesars is planning to open dozens of stores in India over the coming years aiming to capitalise on the country’s robust economic growth, an executive told Reuters. Little Caesars will open its first Indian store in the Delhi NCR region this month. “India is on a growth …

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India’s Nifty logs highest close of 2025 as RBI’s policy support, trade optimism help

By Bharath Rajeswaran (Reuters) -Indian shares added to gains on Monday, lifted by the central bank’s bumper monetary policy measures and signs of progress in U.S. tariff negotiations with its key trading partners. The Nifty 50 rose 0.4% to 25,103.2, an eight-month high, while the BSE Sensex gained 0.31% to 82,445.21. Twelve of the 13 …

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India regulator probes Jane Street’s derivative trades over three years, sources say

By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator is investigating Jane Street’s derivatives trades stretching back three years to check if one of the world’s largest quant trading firms intended to manipulate the country’s benchmark stock indexes, according to two sources with direct knowledge of the matter. The investigation – the largest such into …

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Titan’s CaratLane eyes growth, more stores as young Indians embrace low-carat jewellery

By Praveen Paramasivam (Reuters) -Titan Company’s CaratLane aims to surpass last financial year’s revenue growth, as younger Indians warm up to lower-carat jewellery and the brand plans to open more stores, its top boss told Reuters. Brands selling lower-carat jewellery, including CaratLane and Kalyan Jewellers’ Candere, are rapidly expanding as younger Indians increasingly buy such …

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India central bank’s large rate cut squeezes forward premiums, leaves rupee vulnerable, analysts say

By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) -The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by pressuring already depressed foreign exchange forward premiums, several analysts said on Monday. The rupee has underperformed its Asian peers in 2025 amid weak capital flows. A narrowing …

India central bank’s large rate cut squeezes forward premiums, leaves rupee vulnerable, analysts say Read More »

India housing outlook steady but cracks from demand slowdown start to widen

BENGALURU (Reuters) -The outlook for India’s housing market has barely budged in over a year, according to a Reuters poll of property experts who cited cooling demand from wealthy buyers with many expecting unsold luxury inventory to either rise or remain elevated. Average home prices, which have more than doubled in 11 years, are forecast …

India housing outlook steady but cracks from demand slowdown start to widen Read More »

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