By Shivam Patel KHADOOR SAHIB, India (Reuters) – A jailed Sikh separatist leader is contesting India’s general election from prison and drawing good support, his campaign managers said, in what could become a concern for New Delhi which has sought to stamp out any revival of Sikh militancy. Amritpal Singh, 31, is detained in a …
Sikh separatist contests India election from jail, a worry for government Read More »
By Shilpa Jamkhandikar MUMBAI (Reuters) – More than two months of gruelling and acrimonious campaigning in India’s general election that played out in sweltering heat ended on Thursday, two days before the final phase of polling, when Prime Minister Narendra Modi’s constituency will cast its votes. India began voting in seven phases in the world’s …
India’s gruelling, acrimonious election campaign comes to an end Read More »
BENGALURU (Reuters) – Muthoot Finance, India’s largest gold loan provider, reported a higher-than-estimated quarterly profit on Thursday, boosted by strong loan demand amid rising bullion prices. The company’s standalone profit rose 17% to 10.56 billion rupees ($127 million) in the fourth quarter, beating analysts’ expectations of 10.23 billion rupees, according to LSEG data. Its interest …
India’s Muthoot Finance posts bigger-than-expected profit on strong loan growth Read More »
By Siddhi Nayak MUMBAI (Reuters) – India’s central bank on Thursday released its final guidelines for financial technology firms to create a self-regulatory organisation (SRO) that is aimed at enforcing regulatory standards and fostering transparency in the sector. The guidelines come at a time when the fintech industry in India is growing at a break-neck …
India cenbank releases final guidelines for fintech self-regulatory body Read More »
(Reuters) -India has been holding the world’s biggest election since April 19, with nearly 1 billion people eligible to vote. The turnout, however, has been lower so far than the last time amid a heat wave. Some analysts say Prime Minister Narendra Modi, who is seeking a rare straight third term, is facing a tougher …
Factbox-India’s Lok Sabha election 2024: What you need to know Read More »
NEW DELHI (Reuters) -India’s capital, Delhi, has recorded its first heat-related death this year, media reported on Thursday, as India’s northwest swelters in record high temperatures. The heat-related fatality was a 40-year-old labourer who died of heatstroke on Wednesday, The Indian Express newspaper reported. RECORD DELHI HEAT, READINGS UNDER REVIEW The temperature in Delhi reached …
Factbox-India’s Delhi sees first heat-related death this year as capital sizzles Read More »
BENGALURU (Reuters) -India’s Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine to use both gas and liquid fuel in the country’s second flight of a privately built rocket. The Agnibaan’s first flight had been called off four times in the last two months because …
Indian space startup Agnikul launches country’s second privately built rocket Read More »
By Jaspreet Kalra and Siddhi Nayak MUMBAI (Reuters) – The Reserve Bank of India’s (RBI) increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions, most recently on two Edelweiss Group companies for engaging in ‘evergreening’ of distressed assets. On Tuesday, the RBI said Edelweiss Asset Reconstruction Co Ltd …
Factbox-India central bank scrutiny of financial firms leads to restrictions Read More »
By Sakshi Dayal and Priyanshu Singh NEW DELHI (Reuters) -Delhi recorded an all-time high temperature of 52.9 degrees Celsius (127.22 Fahrenheit) on Wednesday as extreme heat conditions gripped the north and western parts of India, causing students to faint in schools and drinking water taps to dry up. A heat wave alert has been in …
Indian capital swelters as temperature hits all-time high of 52.9 Celsius Read More »
BENGALURU (Reuters) – Indian pharmaceutical firm Jubilant Pharmova reported a narrower fourth-quarter loss on Wednesday, aided by strong demand for drugs that contain radioactive ingredients. The company’s consolidated net loss narrowed to 586 million rupees ($7 million) in the January to March period, compared with a loss of 979 million rupees a year ago. Jubilant …
India’s Jubilant Pharmova reports narrower fourth-quarter loss Read More »
