WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday the United States was getting close to reaching a deal with India that would expand economic and security ties between the two countries, boost U.S. energy exports and promote investments in key U.S. sectors. “We’re getting a fair deal, just a fair trade deal,” Trump told …
Trump says US getting close to reaching a trade deal with India Read More »
By Noel John and Pablo Sinha (Reuters) -Gold prices climbed nearly 3% on Monday to hit a more than two-week high as soft economic data out of the United States reinforced expectations that the Federal Reserve will cut interest rates, lifting demand for the non-yielding asset. Spot gold climbed 2.8% to $4,111.39 per ounce as …
Gold climbs nearly 3% to two-week peak as soft economic data cements rate cut bets Read More »
By Nishit Navin (Reuters) -India’s Bajaj Finance on Monday trimmed its growth forecast for asset under management (AUM) for the 2025–26 financial year, citing rising bad loans in its micro, small and medium enterprises (MSME) segment and strong competition in the mortgage lending business. The non-banking finance company now expects consolidated AUM to grow 22–23% …
India’s Bajaj Finance cuts FY26 AUM growth forecast on MSME loan stress Read More »
(Reuters) -Indian e-scooter maker Ather Energy reported a narrower loss for the second quarter on Monday, as more stores helped drive sales of models such as the Rizta. The company posted a loss of 1.54 billion rupees ($17.52 million) for the quarter ended September 30, compared to a loss of 1.97 billion rupees a year …
Indian e-scooter maker Ather Energy posts narrower quarterly loss Read More »
(Reuters) -India’s Vodafone Idea posted a smaller-than-expected second-quarter loss on Monday, aided by more users upgrading to its higher-margin 4G and 5G plans. The debt-saddled telecom operator has been investing in its 4G and 5G infrastructure over the past few years to improve service quality in a bid to arrest declining subscribers. Vodafone Idea’s average …
India’s Vodafone Idea posts smaller-than-expected loss as premium plan upgrades rise Read More »
(Reuters) -India’s Sula Vineyards reported a 58% slump in quarterly profit on Monday, hurt by sales disruption in the southern state of Telangana – the winemaker’s third largest market. Liquor stores in Telangana have not been restocking ahead of the expiry of the current licenses in November, Sula said. The license auction process is ongoing, …
India’s Sula Vineyards profit slumps on sales hit in southern state Read More »
(Reuters) -India’s Britannia Industries said on Monday that managing director and chief executive officer Varun Berry has resigned, while the recently appointed chief, Rakshit Hargave, will now serve as both MD and CEO. Berry, who was serving as the Executive Vice-Chairman and MD at Britannia, also got re-designated as the CEO in May following Rajneet …
Britannia Industries’ Varun Berry resigns as MD, CEO Read More »
(Reuters) -The Indian government on Monday proposed making it mandatory for e-commerce platforms to provide filters based on ‘country of origin’, aiming to make domestic products easily discoverable and boost the government’s self-reliance initiative. The draft amendment to the Legal Metrology (Packaged Commodities) Rules, 2011, “ensures a level-playing field for Indian manufacturers, helping domestic products …
India proposes e-commerce rules requiring ‘country of origin’ filters Read More »
By Manoj Kumar NEW DELHI (Reuters) -India’s unemployment rate fell to 5.2% in the July–September quarter from 5.4% in the previous three months, driven by increased rural employment during the farming season and pick up in female participation, government data showed on Monday. The unemployment rate among those 15 years and above eased in rural …
India’s unemployment rate eases to 5.2% in September quarter, women’s employment rises Read More »
By Manoj Kumar NEW DELHI (Reuters) -A large delegation of Indian exporters will start a four-day visit to Moscow on Tuesday, a senior trade body official said, part of New Delhi’s push to diversify export markets amid the impact of U.S. President Donald Trump’s sharp tariff increases. The visit comes ahead of an expected trip …
India trade delegation to visit Moscow as U.S. tariffs hit exports Read More »
