Reuters India Business Archives - Page 5 of 1191

Oil prices fall as supply outlook offsets disruptions in Venezuelan flows

15 Dec 2025 15 Dec 2025

By Robert Harvey and Liz Hampton DENVER, Dec 15 (Reuters) – Oil prices slid on Monday as investors balanced disruptions linked to escalating U.S.-Venezuelan tensions with oversupply concerns and the impact of a potential Russia-Ukraine peace deal. Brent crude futures settled down 56 cents, or 0.92%, to $60.56 a barrel, and U.S. West Texas Intermediate …

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Kenya signs $311 million power lines deal with Africa fund, Indian firm

15 Dec 2025 15 Dec 2025

NAIROBI, Dec 15 (Reuters) – Kenya on Monday signed an agreement for the investment of $311 million in the construction of two high-voltage electricity transmission lines with a pan-African infrastructure fund and PowerGrid Corporation of India, the finance ministry said. The East African nation has turned to public-private partnerships, and securitisation of some revenue streams, …

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India proposes landmark nuclear law to end state monopoly and allow private sector operators

15 Dec 2025 15 Dec 2025

By Sarita Chaganti Singh NEW DELHI, Dec 15 (Reuters) – India on Monday set in motion steps to end decades of state control over nuclear power, by introducing a bill in parliament that would allow private firms to build and operate plants as the government seeks to make atomic energy central to its clean energy …

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India proposes revamp of rural job scheme, dropping Mahatma Gandhi’s name

15 Dec 2025 15 Dec 2025

By Saurabh Sharma and Nikunj Ohri NEW DELHI, Dec 15 (Reuters) – India has presented legislation to expand a 20-year-old rural employment scheme by boosting the number of guaranteed workdays but opposition leaders challenged plans to remove independence hero Mahatma Gandhi’s name from the programme. The bill would guarantee 125 days of employment a year …

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India says no dumping in premium basmati rice exports to US

15 Dec 2025 15 Dec 2025

NEW DELHI, Dec 15 (Reuters) – India rejected on Monday U.S. accusations that it is “dumping” rice in the United States, saying its rice exports are primarily premium-grade basmati which typically commands higher prices than non-basmati varieties. U.S. President Donald Trump said last week that more tariffs could be imposed on Indian rice, accusing India …

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India share benchmarks end flat on US trade deal delay, outflows

15 Dec 2025 15 Dec 2025

By Vivek Kumar M Dec 15 (Reuters) – India’s equity benchmarks ended little changed on Monday, in line with the muted moves over the last two weeks, as foreign outflows and ongoing uncertainty surrounding a potential trade deal with the U.S. dampened sentiment. The Nifty 50 fell 0.08% to 26,027.30 points and the BSE Sensex …

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Rupee’s losing run persists on trade stalemate, portfolio outflows

15 Dec 2025 15 Dec 2025

By Jaspreet Kalra MUMBAI, Dec 15 (Reuters) – The rupee weakened further past the 90-per-dollar mark on Monday to a record low for the third consecutive session, driven by concerns over a prolonged deadlock in U.S.-India trade negotiations and persistent portfolio outflows. The rupee fell to 90.7850, extending its year-to-date decline to about 6%, before …

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India proposes trade deal to counter sharp tariff hike by Mexico

15 Dec 2025 15 Dec 2025

By Shivangi Acharya NEW DELHI, Dec 15 (Reuters) – India is proposing a preferential trade deal with Mexico in an effort to soften the impact of planned tariffs that threaten to affect about $2 billion worth of Indian exports, India’s trade secretary Rajesh Agrawal said on Monday. Technical discussions on such a deal are underway …

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India trade deficit narrows to 5-month low, official says close to framework deal with US

15 Dec 2025 15 Dec 2025

By Shivangi Acharya and Manoj Kumar NEW DELHI, Dec 15 (Reuters) – India’s merchandise trade deficit declined to a five-month low of $24.53 billion in November, driven by a fall in gold, oil and coal imports, while exports to the U.S. picked up, government trade data released on Monday showed. Economists had expected the November …

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Weekly foreign selling of India’s index-linked debt at 6-month high, but funds stay bullish

15 Dec 2025 15 Dec 2025

MUMBAI, Dec 15 (Reuters) – Foreign investors in Indian government bonds have turned cautious, selling the most global index-linked debt in over half a year last week, as rate-cut bets fade, bond supply stays heavy, and the rupee weakens. Foreign funds net sold over 54.3 billion rupees (nearly $600 million) of bonds that are linked …

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