By Ana Mano and Roberto Samora SAO PAULO (Reuters) -UPL, an India-based producer of agrochemicals and seeds, remains committed to expanding its business in Brazil, where it currently holds a market share of about 10%, its CEO said on Monday. The company is continually investing in the South American country, one of the world’s biggest …
India’s UPL pursues Brazil growth strategy, says CEO Read More »
NEW DELHI (Reuters) -India’s power regulator on Monday asked grid operators to crack down on renewable energy projects that fail to meet technical standards, warning that persistent violators could be disconnected to protect grid stability. The Central Electricity Regulatory Commission (CERC) said repeated non-compliance with low-voltage and high-voltage ride-through norms by solar and wind plants …
India power regulator warns renewable projects of disconnection for grid violations Read More »
By Jayshree P Upadhyay MUMBAI (Reuters) -India’s markets regulator will tell a court this week that it sees no reason to release additional data and documents to Jane Street, two sources with direct knowledge of the matter said, after the U.S. firm appealed a securities trading ban. The Securities and Exchange Board of India (SEBI) …
India regulator to decline Jane Street data request in court, sources say Read More »
By Noel John (Reuters) -Gold held steady on Monday as investors awaited U.S. economic data this week for clues on the Federal Reserve’s interest rate trajectory after prices fell more than 2% in the last session on reduced rate cut expectations. Spot gold was steady at $4,077.57 per ounce as of 1219 GMT. U.S. gold …
Gold steadies after sell-off as markets await US data Read More »
By Manoj Kumar NEW DELHI (Reuters) -India’s merchandise trade deficit widened to a record high of $41.68 billion in October, due to a rise in gold imports and a fall in U.S.-bound exports during the second month of steep U.S. tariffs on Indian goods, government data showed on Monday. The trade deficit had widened to …
India’s October trade deficit hits record high on surge in gold imports Read More »
By Bharath Rajeswaran and Vivek Kumar M (Reuters) -Indian shares rose on Monday, with mid-caps hitting a record high, as investors heralded a recovery in earnings after the September-quarter results wrapped up without any major disappointments. The Nifty 50 rose 0.4% to 26,013.45, while the BSE Sensex advanced 0.46% to 84,950.95, both gaining about 2% …
Financials lead Indian stocks higher on earnings optimism; mid-caps hit record high Read More »
By Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee ended a touch higher on Monday as modest dollar inflows helped the currency hold its ground in the face of persistent importer hedging demand and data showing India’s trade deficit hit a record high in October. The rupee closed at 88.63 against the U.S. dollar, marginally higher …
Rupee nudges up as inflows blunt hit from record trade gap, importer hedging Read More »
By Trixie Yap and Shariq Khan (Reuters) -India has exported its first-ever jet fuel cargo to the U.S. West Coast for energy major Chevron, according to trade sources and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles. U.S. West Coast jet fuel production has been curtailed since October, …
India ships first jet fuel cargo to US West Coast, traders say Read More »
(Reuters) -Shares of India’s Tata Motors Passenger Vehicles fell as much as 7.2% on Monday to a seven-month low, as the carmaker cut its fiscal 2026 margin goal for Jaguar Land Rover after a cyberattack, sparking concerns over volume growth. The stock was the top loser on the benchmark Nifty 50 index, which was up …
India’s Tata Motors Passenger Vehicles falls as JLR margin cut deepens growth worries Read More »
By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee is expected to face continued pressure in the coming week, and traders will take cues from how forcefully the Reserve Bank of India defends the currency near its all-time low. Bond yields will also track further RBI moves after bond purchases early this month, …
Rupee’s rough patch likely to persist, bond yields eye further central bank action Read More »
