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India condemns Iran supreme leader’s comments on treatment of minorities

NEW DELHI (Reuters) – India has condemned comments made by Iran’s Supreme Leader Ali Khamenei on the treatment of Muslims in the South Asian nation, calling his remarks “misinformed and unacceptable”. “We cannot consider ourselves to be Muslims if we are oblivious to the suffering that a Muslim is enduring in Myanmar, Gaza, India, or …

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India’s Vedanta says water storage breach in Odisha state impacts farm land

BENGALURU (Reuters) – Indian miner Vedanta’s aluminium unit said on Monday that a water storage facility at its Lanjigarh alumina refinery in Odisha state overflowed due to heavy rains and “impacted agricultural areas”. Vedanta Aluminium is “actively addressing” the breach, which occurred during the early hours of Sept. 15 as extreme weather caused elevated water …

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India monsoon rains dent state retailers’ diesel sales, data shows

By Nidhi Verma NEW DELHI (Reuters) – Indian state retailers’ diesel sales fell in the first half of September from the previous month, preliminary sales data showed on Monday, as monsoon rains hit industrial activity and mobility. Fuel demand in India, the world’s third-biggest oil importer and consumer, typically falls during the four-month monsoon season …

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Rupee ends flat; forward premiums climb on Fed rate cut hopes

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of an outsized 50-basis-point rate cut by the U.S. Federal Reserve this week. The rupee ended at 83.8875 against the U.S. dollar, the same as its closing level on Friday. The currency was unable …

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Factbox-India’s farm trade measures to placate farmers

(Reuters) – India has implemented a series of measures to facilitate the exports of certain farm goods and limit imports of vegetable oils ahead of local elections in two states where farmers form an influential voting bloc. The moves surprised the market, as New Delhi typically tries to protect consumers’ interests during the peak festival …

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Released Indian opposition leader Kejriwal to resign as Delhi chief minister

(Reuters) -Indian opposition leader Arvind Kejriwal said on Sunday he will resign as chief minister of the Delhi regional government, a day after he was released from prison on bail in a graft case. Kejriwal was granted bail on Friday by India’s Supreme Court and left prison on Saturday almost six months after being detained …

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Samsung India strike puts spotlight on powerful Indian labour group

By Munsif Vengattil and Praveen Paramasivam CHENNAI (Reuters) – A labour strike in India that has disrupted production at a Samsung plant has put the spotlight on a politically-backed worker group which quietly mobilized employees of the South Korean company and now plans to extend its efforts in the country’s electronics sector. The Samsung protests …

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