By Shivam Patel and Saurabh Sharma PHULRAI MUGHAL GARHI, India (Reuters) – More than three times the permitted number of people attended a Hindu religious event in northern India that culminated in a stampede which killed at least 121 people, authorities said on Wednesday, adding that most of the victims were women. About 250,000 people …
India stampede killed 121 in wake of massive overcrowding, police say Read More »
By Shivam Patel HATHRAS, India (Reuters) – Thousands of devotees rushed to get a closer glimpse of a Hindu preacher, jostling and pushing on slippery ground, witnesses say, moments before a crush at an overcrowded venue in India killed 121 people and sparked a police hunt for the organisers. The stampede occurred on Tuesday at …
Devotees surged towards preacher moments before lethal India crush, witnesses say Read More »
By Bharath Rajeswaran and Hritam Mukherjee BENGALURU (Reuters) -Indian shares logged record closing highs on Wednesday led by gains in top private lender HDFC Bank, as investors bet on the stock’s weightage in a key global index being increased. The NSE Nifty 50 settled 0.67% higher at 24,286.5 points, while the S&P BSE Sensex added …
HDFC Bank leads Indian shares to record closing highs Read More »
MUMBAI (Reuters) – Nearly 70 people were feared dead in a stampede at a Hindu religious gathering in India’s northern state of Uttar Pradesh on Tuesday, authorities said, in one of the worst such tragedies in recent years. The stampede happened in a village in Hathras district, about 200 km (125 miles) southeast of the …
FACTBOX- Major stampedes in India over the years Read More »
BENGALURU (Reuters) -Zerodha, India’s largest discount broker, said on Tuesday it will in all likelihood have to abandon its zero-brokerage model and raise derivative trading fees after the market regulator mandated uniform charges that are not based on volumes. Exchanges often charge a lower fee to brokers if they generate high volumes. Brokers, in turn, …
India’s top discount broker Zerodha sees end of zero brokerage model after new fee rules Read More »
MUMBAI (Reuters) – India’s annual monsoon rains covered the entire country on Tuesday, six days ahead of the usual time of arrival, the state-run weather department said, although rain totals are still 7% below average so far this season. In a typical year, rains usually lash the southwestern coastal state of Kerala around June 1 …
India’s monsoon rains cover entire country ahead of time Read More »
By Kashish Tandon BENGALURU (Reuters) -Shares of Allied Blenders and Distillers rose nearly 13% in debut trade on Tuesday, in line with analysts’ expectations for the Indian whisky manufacturer, which makes the ‘Officer’s Choice’ and ‘Sterling Reserve’ brands of whiskies. The stock listed at 320 rupees on the National Stock Exchange, a 14% premium to …
Indian whisky maker Allied Blenders up 13% in debut trade Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares hit record highs at the open on Tuesday before surrendering those gains due to a drop in auto and financial stocks. The NSE Nifty 50 was down 0.01% at 24,133 points as of 10:06 a.m. IST, while the S&P BSE Sensex was flat at 79,384 points. IT stocks …
Indian shares ease off record highs as auto, financials weigh Read More »
By Rishika Sadam HYDERABAD (Reuters) – An Indian government-approved expert panel has advised the country’s drug regulator to approve the import and sale of U.S. drugmaker Eli Lilly’s Mounjaro, a blockbuster diabetes drug and a wildly popular obesity treatment, a document on a government website showed on Monday. Lilly’s Mounjaro, chemically known as tirzepatide, and …
India panel urges drug regulator to approve Lilly’s obesity drug Mounjaro Read More »
By Rajendra Jadhav MUMBAI (Reuters) -India is likely to receive above-average rainfall in July after receiving 11% below average in June, the weather department said on Monday, keeping alive the possibility of higher farm output and economic growth in Asia’s third-biggest economy. All regions except northeastern states are likely to receive rainfall equating to more …
India expects above-average July rainfall after weak June Read More »
