By Anushree Fadnavis NEW DELHI (Reuters) – Muslim electric-rickshaw driver Rashid Ahmed is fondly called “Our Modi” in his Delhi neighbourhood for his striking resemblance to Indian Prime Minister Narendra Modi, now seeking a third consecutive term in general elections. If, as widely expected, Modi wins the polls, which conclude on June 1 with vote-counting …
Indian election casts spotlight on Modi look-alikes Read More »
MUMBAI (Reuters) – An Emirates flight landed safely in Mumbai late on Monday night after colliding with a flock of flamingos shortly before touchdown, damaging the plane and leaving several birds dead, the airline said on Wednesday. The Boeing 777 aircraft, flying from Dubai to Mumbai, hit the flock around 300 metres (1,000 ft) from …
Emirates flight lands safely after hitting flamingos in Mumbai Read More »
NEW DELHI (Reuters) – India should use Yashasvi Jaiswal as skipper Rohit Sharma’s opening partner in the T20 World Cup next month and play Rishabh Pant as the preferred wicketkeeper to ensure left-handed variety in their batting lineup, former all-rounder Yuvraj Singh said. Virat Kohli has been in red-hot form as opener for Royal Challengers …
Cricket-Yuvraj wants India to avail left-handed variety of Jaiswal and Pant Read More »
By Nimesh Vora MUMBAI – Traders in India’s stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general election. Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are flourishing nationwide, …
Indian equities traders seek cues from election shadow bets Read More »
BENGALURU (Reuters) – India’s state-owned Bharat Heavy Electricals Ltd (BHEL) reported a fall in fourth-quarter profit on Tuesday, as higher expenses outpaced soaring domestic demand for power and industrial products. The company, which makes power and industrial equipment, reported a 25% fall in profit for the three months ended March 31 to 4.84 billion rupees (about …
India’s BHEL posts Q4 profit fall on higher expenses Read More »
By Hritam Mukherjee BENGALURU (Reuters) -India’s JSW Cement said on Tuesday it will invest around 30 billion rupees ($360.2 million) to set up a cement factory in the northern state of Rajasthan, in a bid to meet surging demand for the key construction material. Indian cement makers are ramping up production amid higher government spending …
India’s JSW Cement plans $360 million factory to meet rising demand Read More »
BENGALURU (Reuters) – Indian retailer Arvind Fashions reported a more than two-fold rise in fourth-quarter profit on Tuesday, aided by steady demand for premium clothing brands. The company, which retails clothing from brands such as Arrow, Calvin Klein and Tommy Hilfiger, reported a consolidated net profit of 243.2 million rupees ($2.92 million) up from 109.1 …
India’s Arvind Fashions’ Q4 profit jumps two-fold on demand for premium brands Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open flat-to-slightly weaker on Tuesday amid a decline in Asian peers and an uptick on the dollar index. Non-deliverable forwards indicate rupee will open at 83.33-83.36 to the U.S. dollar compared with 83.3350 on Friday. Indian financial markets were closed on Monday. The …
Rupee to run into dollar strength after unexpected rally Read More »
By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee may inch higher this week after climbing to a two-week high on Friday, while the government bond yields are expected to decline after New Delhi cuts supply of Treasury bills for the next six weeks. The rupee closed at 83.3350 against the U.S. …
Rupee likely to see mild gains, bond yields to dip after cut in T-bill supply Read More »
By Sharafat Ali WARSHI, India (Reuters) – Five people from one family in a remote Himalayan village voted in India’s election in their own polling station on Monday after officials travelled for seven hours and borrowed a power connection from the military to enable them to cast their ballots. Officials collected the voting equipment on …
Family in remote Himalayas gets own polling station for Indian election Read More »
