Reuters India Top

India’s May retail inflation eases slightly to 4.75%

(Reuters) -India’s retail inflation rate eased slightly in May, partly helped by fall in fuel prices although food prices remained elevated, government data showed on Wednesday. Annual retail inflation in May was 4.75%, down from 4.83% in April and lower than the 4.89% forecast by 50 economists polled by Reuters. COMMENTARY: V K VIJAYAKUMAR, CHIEF …

India’s May retail inflation eases slightly to 4.75% Read More »

Most JP Morgan index clients set up to invest directly in Indian government bonds, says official

By Ira Dugal MUMBAI (Reuters) – A majority of clients that follow the J.P. Morgan Emerging Market Bond Index are now registered to trade directly in Indian government bonds, which will be included in the index at the end of this month, an official at the Wall Street Bank said. “In the case of India, …

Most JP Morgan index clients set up to invest directly in Indian government bonds, says official Read More »

India’s fizzling monsoon could prolong heatwave in north, sources say

By Rajendra Jadhav MUMBAI (Reuters) – India’s monsoon rains have lost momentum after covering western regions ahead of schedule, and their arrival in northern and central states could be delayed, extending a heatwave in the grain-growing plains, two senior weather officials told Reuters. Summer rains, critical to spur economic growth in Asia’s third-largest economy, usually …

India’s fizzling monsoon could prolong heatwave in north, sources say Read More »

Extreme heat triggers novel payout for 50,000 women in India

LONDON (Reuters) – A group of 50,000 self-employed women in India have become the first beneficiaries of a novel insurance scheme that pays out when temperatures hit certain extremes. As the temperature crossed 40 degrees Celsius (104 degrees Fahrenheit) between May 18 and May 25, the women in the states of Rajasthan, Gujarat and Maharashtra …

Extreme heat triggers novel payout for 50,000 women in India Read More »

Two Indian nationals killed in the Russia-Ukraine conflict

(Reuters) – Two Indian nationals recruited by the Russian army were recently killed in the war between Russia and Ukraine, the Indian foreign ministry said on Tuesday. The Indian embassy in Moscow has pressed Russian authorities, including the ministry of defense, for prompt repatriation of the remains, the ministry said in a statement. The foreign …

Two Indian nationals killed in the Russia-Ukraine conflict Read More »

Fans protest Indian movie star’s shock arrest over Bengaluru murder

MUMBAI (Reuters) – Fans of a popular Indian movie actor arrested in connection with a murder investigation thronged the Bengaluru police station where he was being held on Tuesday to demand his release. Darshan Thoogudeepa, 47, who has starred in several hit films and enjoys a huge fan following in the southern state of Karnataka, …

Fans protest Indian movie star’s shock arrest over Bengaluru murder Read More »

India eyes oil deals with nations including Russia, minister says

By Nidhi Verma NEW DELHI (Reuters) – Indian Oil Minister Hardeep Singh Puri on Tuesday announced that state-run Bharat Petroleum Corp plans to build a new refinery and the nation is looking at signing more oil import deals with countries including Russia at discounted rates. Puri, who took charge of the ministry for a second …

India eyes oil deals with nations including Russia, minister says Read More »

Sailing-India’s Saravanan hones competitiveness on a walk, in the kitchen and on water

By Amlan Chakraborty NEW DELHI (Reuters) – On the pavement, in the kitchen or on water – Vishnu Saravanan is wasting no opportunity to hone his competitive streak ahead of the Paris Games, and egging the Indian on is a coach with an unorthodox theory about Olympic preparations. The 25-year-old is set to become only …

Sailing-India’s Saravanan hones competitiveness on a walk, in the kitchen and on water Read More »

Ideological parent of Modi’s party criticises poll campaign

By Tanvi Mehta NEW DELHI (Reuters) -The ideological parent of Indian Prime Minister Narendra Modi’s party has criticised bitter campaigning by both the ruling party and the opposition in the recent general election, in a rare public comment on politics. Mohan Bhagwat, the chief of the Rashtriya Swayamsevak Sangh (RSS), also demanded urgent attention be …

Ideological parent of Modi’s party criticises poll campaign Read More »

Close Bitnami banner
Bitnami