Reuters India Business

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) – The rupee is expected to stay under pressure this week as the looming risk of trade tariffs support the dollar with remarks from the Federal Reserve chair and U.S inflation data in focus for the local currency and government bonds. The rupee closed at 87.4250 on …

Tariff risks to weigh on Indian rupee, bonds to track US inflation data Read More »

By Anmol Choubey (Reuters) – Gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the U.S. and China prompted investors to seek refuge in the safe-haven asset. Spot gold gained 0.2% to $2,861.46 per ounce as of 01:41 p.m. ET (1841 GMT), up …

Gold poised for sixth week of gains on safe-haven demand Read More »

By Nishit Navin and Siddhi Nayak BENGALURU/MUMBAI (Reuters) -India’s No.1 insurer Life Insurance Corporation of India said it expected a recovery in net premium income in the current quarter, after taking a hit on that front due to a recent regulation change. The country’s insurance regulator had slashed the cost for policy-holders to surrender policies …

India’s LIC sees recovery in premiums from fourth quarter Read More »

(Reuters) -India’s January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 million metric tons, oil ministry data showed on Friday. WHY IT’S IMPORTANT India is the world’s third-largest consumer and importer of oil. The data is a proxy for the country’s oil demand. BY THE NUMBERS On …

India’s January fuel demand drops to 3-month low Read More »

By Nandan Mandayam and Kashish Tandon (Reuters) – India’s top electric two-wheeler maker Ola Electric Mobility expects its newly-launched motorcycles to boost the pace of EV adoption in the world’s biggest market for two-wheelers as buyer awareness increases and the ecosystem develops. “It took 3-1/2 years to reach 20% (EV) penetration for scooters; with motorcycles, …

Ola Electric expects its motorcycles to power EV adoption in India Read More »

By Hritam Mukherjee (Reuters) -Akzo Nobel India said on Friday it expects the demand for paints to recover from the second half of the year after the effects of the federal budget’s consumption-boosting proposals filter through essential items before influencing discretionary purchases. Last week, the government dished out its biggest income tax relief in at …

Paintmaker Akzo Nobel India expects demand rebound in second half of 2025 Read More »