Reuters India Business

India to formalise incentives for critical minerals recycling this year, sources say

8 Apr 2025

By Neha Arora NEW DELHI (Reuters) -India plans to launch incentives for the recycling of 24 critical minerals this year including lithium and cobalt, two sources aware of the matter said, as part of efforts to secure the minerals needed for green energy transition. India has identified the 24 minerals as strategic and critical to …

India to formalise incentives for critical minerals recycling this year, sources say Read More »

Analysis-Gold’s current rally: echoes of the 1980s with a more sustainable core

8 Apr 2025

By Polina Devitt and Veronica Brown LONDON (Reuters) – Gold’s latest gallop to all-time highs has drawn comparisons with the last time political and economic turmoil were the main drivers of record prices, back in 1980. But market players say the nature of this rally – and potentially its ability to endure – look different. …

Analysis-Gold’s current rally: echoes of the 1980s with a more sustainable core Read More »

India’s HPL to start maintenance turnaround at petrochemical complex in April

8 Apr 2025

By Mohi Narayan NEW DELHI (Reuters) – India’s Haldia Petrochemicals Ltd (HPL) will begin a planned maintenance turnaround at its petrochemical complex in eastern India on April 16, a company spokesperson said on Tuesday. The complex will be shut for a period of 45 days and the company plans to bring it back online on …

India’s HPL to start maintenance turnaround at petrochemical complex in April Read More »

India’s NTPC aims to build small nuclear reactors to replace old coal plants

8 Apr 2025

By Sethuraman N R (Reuters) – India’s NTPC is exploring the possibility of building small modular reactors to replace its older thermal power plants, according to a tender document, the first such proposal since the country moved to open its much-guarded nuclear sector. The state-run company, India’s top power producer, has called for consultants to …

India’s NTPC aims to build small nuclear reactors to replace old coal plants Read More »

US and India discuss tariffs and progress towards ‘fair’ trade

7 Apr 2025

By Kanishka Singh WASHINGTON (Reuters) – U.S. Secretary of State Marco Rubio and Indian Foreign Minister Subrahmanyam Jaishankar held a call on Monday to discuss U.S. tariffs on India and how to make progress towards a “fair and balanced trade relationship,” the State Department said. Jaishankar also said on social media earlier on Monday that …

US and India discuss tariffs and progress towards ‘fair’ trade Read More »

Gold slips as investors opt for dollar amid escalating trade war concerns

7 Apr 2025

By Brijesh Patel (Reuters) – Gold prices fell more than 2% on Monday, with investors turning to the dollar as a safe haven after sweeping U.S. tariffs raised fears of a global recession. Analysts, however, remained bullish on bullion given the challenging economic conditions. Spot gold was down 2.4% to $2,963.19 an ounce as of …

Gold slips as investors opt for dollar amid escalating trade war concerns Read More »

Novo preparing for early launch of weight-loss drug Wegovy in India

7 Apr 2025

By Rishika Sadam HYDERABAD (Reuters) – Danish drugmaker Novo Nordisk is looking at an early launch of its blockbuster weight-loss drug Wegovy in India to better compete with rival Eli Lilly in the populous nation, two sources familiar with the plans told Reuters. Novo, which had earlier planned for a 2026 launch of the drug, …

Novo preparing for early launch of weight-loss drug Wegovy in India Read More »

India’s Titan says fourth-quarter revenue grew 25% on surging gold prices

7 Apr 2025

(Reuters) – Indian jeweller and watchmaker Titan Company said on Monday it expects a 25% increase in its fourth-quarter revenue, reflecting a faster growth rate compared to the same period a year earlier, helped by rallying gold prices. The price of gold has risen about 15% this year, driven by escalating geopolitical tensions and uncertainties …

India’s Titan says fourth-quarter revenue grew 25% on surging gold prices Read More »

Close Bitnami banner
Bitnami