Reuters India Business

(Reuters) – India’s retail inflation eased to a five-month low of 4.31% in January from 5.22% in December as food price inflation declined, government data released on Wednesday showed. Annual retail inflation in January was lower than economists’ estimate of 4.6%. HARRY CHAMBERS, ASSISTANT ECONOMIST, CAPITAL ECONOMICS, LONDON “The sharp fall in Indian headline consumer …

Instant view: India’s retail inflation eases to five-month low in January Read More »

By Vivek Kumar M and Bharath Rajeswaran (Reuters) -MSCI added a lone Indian company, carmaker Hyundai Motor India, to its Global Standard index late on Tuesday and removed Adani Green Energy as part of its February 2025 index rejig. The change will come into effect on the market’s close on February 28. In its previous …

MSCI adds Hyundai Motor India to key global index, removes Adani Green Energy Read More »

NEW DELHI (Reuters) -India’s industrial output grew at its slowest pace in four months, dragged down by weaker growth in the manufacturing sector, according to government data released on Wednesday. Industrial output in December grew 3.2% year-on-year, against the 3.9% growth expected by economists polled by Reuters. Industrial output was flat in August. Manufacturing output …

India’s industrial output rises 3.2% Y/Y in December, its slowest pace in 4 months Read More »

(Reuters) -India’s Jubilant Foodworks reported a nearly 35% decline in quarterly profit on Wednesday, as the Domino’s Pizza <DPZ.O> franchise’s margins were dented by higher expenses amid accelerated store expansion and elevated food costs. Jubilant reported a profit of 429.1 million rupees ($4.94 million) for the quarter ended December 31, down from a year-ago profit …

Domino’s India operator posts 35% drop in quarterly profit on higher expenses Read More »

By Vivek Kumar M and Bharath Rajeswaran (Reuters) -India’s benchmark indexes extended their losing run to the sixth straight session on Wednesday due to trade war fears and earnings worries that have also pushed small-cap stocks to the cusp of bear market territory. The Nifty 50 ended 0.12% lower at 23,045.25, while the BSE Sensex …

Indian benchmark indexes on six-day losing run on trade war, earnings worries Read More »

By America Hernandez PARIS – French oil major TotalEnergies has signed a deal to supply the Gujarat State Petroleum Corporation with 400,000 metric tons of liquefied natural gas annually, beginning next year, the companies said on Wednesday. The deal with the Indian state-owned firm was announced on the sidelines of India Energy Week, and amounts to …

TotalEnergies signs 10-year LNG supply deal with India’s GSPC Read More »

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee gave up initial gains to settle marginally weaker on Wednesday, as hedging interest from importers and the maturity of positions in the non-deliverable forwards market boosted demand for the dollar. The rupee closed at 86.8925 against the U.S. dollar, down from its close at 86.8275 in …

Rupee weakens slightly as NDF maturity, corporate hedging spurs dollar bids Read More »