Reuters India Business

Moody’s expects India’s economy to grow at 6.5% through 2027

13 Nov 2025

NEW DELHI (Reuters) -Moody’s Ratings expects India’s economy to grow at 6.5% through 2027, the ratings agency said in a statement dated Wednesday. “India’s economic growth is supported by robust infrastructure spending and solid consumption, although the private sector remains cautious about business capital spending,” the agency added. (Reporting by Tanvi Mehta and Surbhi Misra …

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India to allocate $227.5 million for exporters’ credit guarantee in FY26, source says

13 Nov 2025

NEW DELHI (Reuters) -India’s credit guarantee support for exporters will require a budget allocation of 20 billion rupees ($227.54 million) for the fiscal year 2026, a government source told reporters on Thursday. On Wednesday, the country’s cabinet approved spending 450.6 billion rupees towards providing support to exporters, including 200 billion rupees in credit guarantees on …

India to allocate $227.5 million for exporters’ credit guarantee in FY26, source says Read More »

Dollar mixed as US government looks to reopen, yen at nine-month low

12 Nov 2025

By Karen Brettell NEW YORK (Reuters) -The U.S. dollar dipped against the euro on Wednesday as traders evaluated what a flood of economic releases will mean for Federal Reserve interest rate policy once the government reopens. The Japanese yen, meanwhile, reached a nine-month low against the greenback on concerns that the new Japanese government will …

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India raids paper mills in antitrust probe over supplies to schools body, sources say

12 Nov 2025

By Aditya Kalra NEW DELHI (Reuters) -India’s antitrust watchdog has conducted nationwide raids at six paper mills in an investigation of alleged price collusion in supplying paper to a government school education body, two people with direct knowledge said on Wednesday. India’s paper industry accounts for about 5% of the world’s production, and has an …

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India approves $5.1 billion package for exporters after US tariffs hit

12 Nov 2025

(Refiles to fix bullet points) By Manoj Kumar NEW DELHI (Reuters) -India’s cabinet has approved spending 450.6 billion rupees ($5.1 billion) on support for exporters, including 200 billion rupees in credit guarantees on bank loans, Information Minister Ashwini Vaishnaw said on Wednesday. The plan includes the allocation of 250.6 billion rupees over six years for …

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India’s Tata Steel quarterly profit soars on strong demand in key markets

12 Nov 2025

(Reuters) -Tata Steel, India’s second-largest maker of the alloy by market cap, reported a nearly four-fold rise in quarterly profit on Wednesday, as robust demand in its key markets and lower tax expenses helped limit the impact of declining prices. Its consolidated net profit stood at 31.02 billion rupees ($352.9 million) for the quarter ended …

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India’s power giant NTPC plans to enter coal gasification business, source says

12 Nov 2025

By Sethuraman N R NEW DELHI (Reuters) -Indian coal power giant NTPC is looking to enter the coal gasification business with a plan to start producing 5-10 million tonnes per annum of synthetic gas over the next three-four years, a source familiar with the move said on Wednesday. The tender for technical consultation for the …

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Instant View: India’s retail inflation slows to record low of 0.25% in October

12 Nov 2025

(Reuters) -India’s annual retail inflation slowed to a record low of 0.25% in October from a revised 1.44% in September, government data showed on Wednesday. A Reuters poll had projected retail inflation at 0.48%. COMMENTARY: MADAN SABNAVIS, CHIEF ECONOMIST, BANK OF BARODA, MUMBAI “CPI inflation at 0.3% is close to our forecast of 0.4%. But …

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