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King Charles and Camilla pay private visit to wellness centre in India

LONDON (Reuters) – King Charles and his wife Queen Camilla have made a brief stopover in India following their recent trip to Australia and Samoa, Buckingham Palace confirmed on Wednesday, staying at a holistic health centre they have visited before. Charles, 75, and Camilla made the private visit on their way back from his recent …

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Amit Shah, Indian minister accused by Canada, is Modi’s closest aide

By Krishna N. Das and Shivam Patel NEW DELHI (Reuters) – India’s interior minister Amit Shah, accused by Canada of being behind plots to target Sikh separatists in that country, has been Prime Minister Narendra Modi’s closest aide for decades and is widely seen as his hard-nosed alter ego and potential successor. Shah’s office and …

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Exclusive-India considers expanded measures to boost strategic foreign investment from 5-year lows

By Nikunj Ohri and Sarita Chaganti Singh NEW DELHI (Reuters) – The Indian government is considering expanded measures to allow greater flexibility for strategic foreign investors to buy stakes in local companies after offshore investment slumped to a five-year low, three sources with knowledge of the matter said. Policymakers are looking at the option of …

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Cricket-Adapting to Mumbai pitch key to NZ hopes of whitewash, says Stead

(Reuters) – New Zealand’s chances of delivering a famous series whitewash in India will depend on how well they adapt to the Mumbai pitch, coach Gary Stead said. The tourists thrashed India by eight wickets in the series opener in Bengaluru before winning the second match in Pune by 113 runs on Saturday, ending their …

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Diwali fireworks could worsen air in Indian capital, despite fewer farm fires

By Sakshi Dayal NEW DELHI (Reuters) – Fireworks set off during celebrations for Diwali, the Hindu festival of lights, could further worsen air quality in the Indian capital this week, officials said on Tuesday, offsetting a reduction in burning of farm waste in nearby states. Rated the world’s most polluted capital by Swiss group IQAir …

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Indian lenders face rising defaults from over-leveraged retail borrowers

MUMBAI (Reuters) – A rise in defaults by over-leveraged small borrowers is hitting India’s top lenders, with bank executives and analysts expecting higher levels of stress in the personal loans and micro-credit segments over the next year. The rise in defaults marks a turn in the credit cycle for Indian lenders, whose bad loans dropped …

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Cricket-Time running out for struggling India stalwarts Kohli, Rohit

By Amlan Chakraborty NEW DELHI (Reuters) – The inglorious end of India’s proud home record has left the cricket-mad nation grappling with the reality it has long been dreading – that ageing stalwarts Virat Kohli and Rohit Sharma might be approaching the end of the road. Through three World Cup titles, two World Test Championship …

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Sikh separatist claims Indian ‘spy network’ operates in US and Canada

By Christine Kiernan NEW YORK (Reuters) – Canada and the U.S. must get tougher on Indian Prime Minister Narendra Modi’s government for trying to silence dissidents on foreign soil, a controversial Sikh separatist who was the target of an alleged India-led murder plot said in an interview. The U.S. Justice Department has unsealed indictments against …

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Swiss companies set sights on India as $100 billion trade pact promises more opportunities

By John Revill ZURICH (Reuters) – Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in …

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