By Swati Bhat MUMBAI (Reuters) – India will have to adopt a more cautious approach to monetary policy if high food prices persist and threaten to spill over into more generalised price inflation, the Reserve Bank of India said in its monthly bulletin on Monday. “The conventional treatment of food price perturbations as transitory in …
By Chiranjit Ojha (Reuters) – Supporters of Indian soccer clubs East Bengal and Mohun Bagan put their bitter rivalry aside and united in protest against the rape and murder of a trainee doctor at a Kolkata hospital. The Durand Cup match between the century-old clubs from the eastern city of Kolkata was cancelled on Sunday …
India’s soccer rivals unite to protest over Kolkata doctor’s rape and murder Read More »
BENGALURU (Reuters) -India’s HCLTech has appointed Shiv Walia as its chief financial officer, it said on Monday. Walia, who has been with IT services firm for 31 years, will take over as the CFO on Sept. 6. He will succeed Prateek Aggarwal, who was the firm’s CFO for nearly 6 years. Aggarwal is leaving HCLTech. …
MUMBAI (Reuters) – The Reserve Bank of India on Monday issued a framework for recognition of self-regulatory organisations in the financial markets space to help strengthen compliance culture and provide a consultative platform for policy making. The proposed self-regulatory organisations (SROs) can play a vital role in developing industry standards and best practices and ensuring …
India cenbank releases framework for financial market self-regulatory organisations Read More »
By Praveen Paramasivam CHENNAI, India (Reuters) -A group of Indian port workers’ unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members. A strike by India’s port workers could exacerbate the existing congestion issues at Asian and European …
Indian port workers to go on strike to demand better wages, benefits Read More »
By Rishika Sadam HYDERABAD (Reuters) -Nearly 12% of tested spice samples failed to meet quality and safety standards, according to data obtained by Reuters of tests by Indian authorities after several countries took steps over contamination risks in two popular brands. The Food Safety and Standards Authority of India conducted inspections, sampling and testing of …
Near 12% of India’s tested spice samples fail quality, safety standards Read More »
By Kanishka Singh (Reuters) – A carnival float featuring a Hindu temple that is planned for an upcoming India Day Parade in New York City has sparked controversy, with a number of groups calling it anti-Muslim and saying it should be removed from the event. The float depicts a temple to the Hindu god Lord …
Controversy erupts over Hindu temple float at New York’s India Day parade Read More »
By Subrata Nag Choudhury and Sunil Kataria KOLKATA (Reuters) – Some Indian junior doctors remained off the job on Sunday as they demanded swift justice for a colleague who was raped and murdered, despite the end of a strike called by a big doctors’ association, while some other people held street protests. Doctors across the …
Protests spread over Indian doctor’s rape and murder Read More »
By Subrata Nag Choudhary and Jatindra Dash KOLKATA/BHUBANESWAR, India (Reuters) -Hospitals and clinics across India turned away patients except for emergency cases on Saturday as medical professionals staged a 24-hour shutdown in protest over the rape and murder of a doctor this month in the eastern city of Kolkata. More than one million doctors were …
India’s doctors strike in protest at rape and murder of colleague Read More »
By Hritam Mukherjee and Manvi Pant BENGALURU (Reuters) -India’s JSW Cement filed draft papers for an initial public offering worth up to 40 billion rupees ($476.7 million) on Friday, aiming to cash in on the country’s booming stock market and strong demand for the building material. The company, part of billionaire Sajjan Jindal’s steel-to-energy JSW …
India’s JSW Cement files for $477 million public listing Read More »
