Reuters India Top

Roof collapse at Delhi airport kills one, as heavy rain disrupts Indian capital

28 Jun 2024

By Aftab Ahmed, Aditi Shah and Nandan Mandayam NEW DELHI (Reuters) -Heavy rainfall and winds brought down a roof at the main airport in New Delhi on Friday, killing one person and shutting down a busy domestic terminal, while flooded streets and traffic snarls caused widespread disruption in the Indian capital. About 148.5 millimetres (5.85 …

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India says it rejects “deeply biased” US religious freedom report

28 Jun 2024

NEW DELHI (Reuters) – New Delhi on Friday rejected the U.S. State Department’s 2023 religious freedom report on India, calling it “deeply biased” and one that does not understand the South Asian nation’s social fabric. The report, released on Wednesday, noted violent attacks on minority groups, especially Muslims and Christians, including killings, assaults and vandalism …

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Explainer-How India’s capital went from extreme heat to heavy floods

28 Jun 2024

By Shivam Patel and Rajendra Jadhav NEW DELHI (Reuters) -New Delhi, which endured one of its worst heatwaves in history earlier this month, has now faced the biggest downpour in decades, with rainfall over a 24-hour period surpassing the city’s average for the entire month of June. The downpour caused a fatal airport roof collapse, …

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Anti-money laundering watchdog FATF says India in compliance with its rules

28 Jun 2024

NEW DELHI (Reuters) – A global anti-money laundering watchdog said on Friday that India had largely complied with its rules, although it needs to strengthen supervision of its non-financial sectors to prevent financial crime. The Financial Action Task Force (FATF) said India had reached a high level of technical compliance, as the country was effective …

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India’s monsoon overcomes delay, set to cover country on time

27 Jun 2024

By Rajendra Jadhav MUMBAI (Reuters) – India’s annual monsoon has covered more than three-fourths of the country and it is set to cover the entire country on time for the planting season despite stalling earlier this month, two senior weather officials said on Thursday. Summer rains, critical for economic growth in Asia’s third-largest economy, usually …

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Fairfax India Holdings unit sells 9.7% stake in CSB Bank for $70 million

27 Jun 2024

MUMBAI (Reuters) – Fairfax India Holdings Corp said on Thursday its wholly-owned subsidiary, FIH Mauritius Investments, sold a 9.7% stake in Indian private lender CSB Bank to comply with regulatory norms. The proceeds of the sale amounted to 5.9 billion rupees ($70.7 million) in gross terms, Fairfax India said in a release. After the sale, …

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US religious freedom report notes violence against Indian minorities

27 Jun 2024

By Kanishka Singh and Simon Lewis WASHINGTON (Reuters) -The U.S. State Department’s 2023 religious freedom report on India noted violent attacks on minority groups, especially Muslims and Christians, including killings, assaults and vandalism of houses of worship. The report on international religious freedom released on Wednesday said that in 2023, senior U.S. officials continued to …

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Indian interference claims by Canada politically motivated, says envoy

26 Jun 2024

By Promit Mukherjee OTTAWA (Reuters) – India has said a report by Canadian legislators alleging interference by New Delhi is politically motivated and influenced by Sikh separatist campaigners. Already chilly bilateral ties cooled further last month when a group of parliamentarians, citing intelligence reports, alleged some elected Canadian officials had been “witting or semi-witting” participants …

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India’s Bharti Airtel buys airwaves worth $820 million in downbeat spectrum auction

26 Jun 2024

By Kashish Tandon and Nikunj Ohri BENGALURU/NEW DELHI (Reuters) -India’s Bharti Airtel has spent 68.57 billion rupees ($820.80 million), the most among its peers, to acquire telecom spectrum at a government auction that ended on Wednesday, although their combined bids were well short of the amount on offer. Overall, telecom companies bid for spectrum worth …

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