Reuters India Business

By Nikunj Ohri (Reuters) – India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday. The review, which follows crypto-friendly policy announcements by U.S. President Donald Trump, could further delay publication of a discussion paper on cryptocurrencies that was …

India reviewing crypto position due to global changes, senior official says Read More »

By Shivam Patel NEW DELHI (Reuters) – India on Saturday proposed defence spending of 6.81 trillion rupees ($78.70 billion) for the 2025-26 fiscal year, up 9.5% from the previous year’s initial estimates, with most eaten up by wages and pensions rather than acquiring new weapons. The 4.7 trillion rupees the budget allocated for manpower costs …

India’s defence budget heavily weighted to manpower costs Read More »

(Reuters) – India’s overall car sales to dealers saw a slight increase in January, data released by automakers on Saturday showed, as inflation-wary customers continued to delay purchases. Domestic sales of India’s top four carmakers – which form 80% of the country’s car market – rose 1.8% from a year ago, helped by sales of …

India’s carmakers see mild uptick in sales to dealers in January Read More »

(Reuters) – India’s Finance Minister Nirmala Sitharaman unveiled the annual budget on Saturday, which focused on boosting the spending power of its middle-class population, encouraging inclusive development and private investment to strengthen growth. The broader stocks market, however, saw mixed reactions to the policies presented under the budget for 2025-26. [.BO] Below are some of …

Corporate winners and losers from India’s budget Read More »

By Sethuraman N R and Sarita Chaganti Singh BENGALURU/NEW DELHI (Reuters) – India on Saturday proposed to amend its nuclear liability law to boost foreign and private investments in the much-guarded sector, ahead of Prime Minister Narendra Modi’s U.S. visit. The announcement was part of Indian Finance Minister Nirmala Sitharaman’s budget on Saturday. Strict liabilities …

India proposes to open up guarded nuclear sector to private firms Read More »