Reuters India Business

India rupee, bonds expected to move higher in run-up to RBI policy decision

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee is likely to kick off the week on a positive note, boosted by stronger-than-expected economic growth data, and, alongside government bonds, will be influenced by the central bank’s monetary policy decision, due on Friday. The rupee closed at 85.5075 against the U.S. dollar last …

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IndiGo expands network with Air France-KLM, Virgin Atlantic, Delta deal

By Abhijith Ganapavaram NEW DELHI (Reuters) -India’s largest airline IndiGo has entered an agreement with Air France-KLM, Virgin Atlantic and Delta to expand its long-haul services to North America, Europe and Britain, the airlines said on Sunday. IndiGo has an extensive domestic network in India, the world’s third-largest air passenger market, and is expanding its …

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Dollar mixed on tariff uncertainty, headed for monthly gain against yen

By Karen Brettell NEW YORK (Reuters) -The dollar was mixed on Friday but on track for the first monthly gain against the Japanese yen this year as investors factored in the likelihood of trade tariffs remaining in some form, even as U.S. President Donald Trump faces a court battle over his authority to impose them. …

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India extends duty-free yellow pea imports to March 2026

MUMBAI (Reuters) -India has extended permission for duty-free imports of yellow peas until March 31, 2026, according to a government order issued late on Friday. The South Asian nation is the world’s biggest importer of yellow peas, which it imports mainly from Canada and Russia. (Reporting by Rajendra Jadhav; Editing by Chris Reese)

IndiGo to terminate Turkish Airlines lease deal by end of August after final extension

By Abhijith Ganapavaram NEW DELHI (Reuters) -IndiGo will terminate its leasing agreement with Turkish Airlines by August 31 after India’s aviation regulator said on Friday it would only extend the deal for three months, a move that will push the carrier to seek alternatives. The agreement between the two airlines has come under public criticism …

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India’s Apollo Hospitals expects mid-teen revenue growth in FY26 amid expansion plan

By Rishika Sadam HYDERABAD (Reuters) -India’s Apollo Hospitals Enterprise said its plan to add 4,300 beds over the next three to four years would underpin its revenue growth from fiscal 2026. For fiscal 2027, the company expects higher revenue growth than the mid-teen increase projected for the preceding year as “most of the beds are …

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Indian beauty products retailer Nykaa’s profit surges on demand for premium products

(Reuters) -Indian beauty products retailer Nykaa, on Friday, posted a fourth-quarter profit that nearly tripled year on year as premium brands continued to attract urban consumers. The company, listed as FSN E-Commerce Ventures, said its consolidated net profit rose to 202.8 million rupees ($2.4 million) in the quarter, from 69.3 million rupees a year ago. …

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Indian government’s FY25 fiscal deficit in line with projection

MUMBAI (Reuters) – India’s fiscal deficit for 2024-25 was 4.8% of the gross domestic product (GDP), data released on Friday showed. The fiscal deficit was in line with the government’s revised estimate. The Indian government aims to lower the fiscal deficit to 4.4% in the current fiscal year. India’s fiscal year runs April through March. …

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