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BENGALURU (Reuters) – India has initiated an anti-dumping investigation on certain steel products imported from Vietnam, according to a notification from Ministry of Commerce and Industry. The anti-dumping investigation, which will analyse consequential injury and the threat of injury to the domestic industry, comes in response to the urging of the country’s leading steelmakers, such …

India launches anti-dumping probe into some steel imports from Vietnam Read More »

MUMBAI (Reuters) – India’s central bank on Friday tightened norms for peer-to-peer (P2P) lending platforms as some of these entities have violated regulations. P2P lending sidesteps banks and financial institutions by connecting individual lenders with borrowers. Such platforms shall not assume any credit risk arising out of transactions, provide credit enhancement or guarantee, the Reserve …

India cenbank tightens rules for peer-to-peer lending platforms Read More »

MUMBAI (Reuters) – India’s foreign exchange reserves came off record highs and fell to $670.12 billion as of Aug. 9, the central bank said on Friday. The reserves fell by $4.8 billion in the reporting week, the biggest fall in four months. They had risen by $7.5 billion in the prior week. The Reserve Bank …

India’s foreign exchange reserves come off record highs Read More »

By Subrata Nag Choudhary KOLKATA, India (Reuters) – The murder and rape of a trainee doctor as she took a rest during a long shift in a Kolkata hospital has highlighted the vulnerability of medics left without proper protections and facilities, her colleagues and friends said on Thursday. The 31-year-old, whose killing has triggered protests …

Indian rape and murder case shows doctors’ vulnerability, medics say Read More »

By Shivam Patel NEW DELHI (Reuters) – The rape and murder of a trainee doctor in Kolkata last week has brought women onto the streets across India, furious at persistently high levels of sexual violence despite legal reforms and promised crackdowns. The government brought in sweeping changes to the criminal justice system, including tougher sentences, …

Factbox-India’s struggles with high rape cases, low conviction rates Read More »

By Akash Sriram and Nandan Mandayam POCHAMPALLI, TAMIL NADU (Reuters) – Indian electric vehicle maker Ola Electric Mobility launched a new series of motorcycles on Thursday, days after it went public, expanding into an untapped segment in the world’s largest two-wheeler market. India’s electric two-wheelers are almost entirely scooters, with more expensive motorcycles accounting for …

India’s Ola Electric launches electric motorcycles days after going public Read More »

(Reuters) – India have appointed Morne Morkel as their new bowling coach with the former South Africa international paceman officially joining head coach Gautam Gambhir’s staff next month, local media reported. Morkel resigned from his role as Pakistan’s bowling coach in November last year, a few days after they finished fifth in the 50-overs World …

Cricket-South African Morkel appointed India’s bowling coach, media reports say Read More »

(Reuters) – The Court of Arbitration for Sport (CAS) has dismissed Indian wrestler Vinesh Phogat’s appeal against disqualification from the Paris Olympics after she failed to make weight for her women’s 50kg freestyle final last week. Phogat was set to face American Sarah Hildebrandt for the gold medal on Aug. 7 but was found 100 …

Olympics-CAS dismisses Indian wrestler Phogat’s appeal against disqualification Read More »