Reuters India Business

MUMBAI (Reuters) – India’s central bank on Thursday kept the investment limits unchanged for foreign portfolio investors (FPIs) in government and corporate bonds for the fiscal year 2025-26. The Reserve Bank of India (RBI) maintained the existing caps of 6% for government securities, 2% for state government securities and 15% for corporate bonds for the …

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(Reuters) – India’s central bank has decided not to conduct a 14-day variable rate repo auction for the fortnight ending April 17, following a review of liquidity conditions, it said on Thursday. The Reserve Bank of India infuses liquidity in the banking system using repos and sucks it out using reverse repos. India’s banking system …

India’s central bank not to conduct 14-day repo for upcoming fortnight Read More »

(Reuters) – India has tightened steel procurement rules to favour domestic manufacturing, at a time when mills are struggling with lower prices of iron and steel due to a sharp influx of cheaper imports, a government notification showed. India’s finished steel imports from China, South Korea and Japan hit a record high in the first …

India tightens steel procurement to favour domestic mills Read More »

By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – Indian equity markets are better placed than their Asian counterparts to ride out the impact of sweeping tariffs rolled out by U.S. President Donald Trump, according to strategists at JP Morgan Private Bank and Morgan Stanley. The U.S. tariff on India is nearly half of that …

Indian stocks may weather tariff storm better than Asian peers, analysts say Read More »

(Reuters) – Tata Power is eyeing its first coal power capacity expansion in six years by boosting capacity at a plant in northern India, according to a tender document, as the country’s clean energy sector is hit by project delays and weaker demand. WHY IT’S IMPORTANT This is the first coal power generation capacity expansion …

India’s Tata Power eyes first coal capacity expansion in six years Read More »