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By Krishn Kaushik and Fayaz Bukhari ANANTNAG, India (Reuters) – Prime Minister Narendra Modi is criss-crossing India in a marathon election campaign but, for the first time since 1996, his Bharatiya Janata Party (BJP) is not contesting in Kashmir, where a 35-year uprising against Indian rule has killed tens of thousands of people. Instead, the …

India’s Modi skips election in Kashmir as critics dispute integration claims Read More »

BENGALURU (Reuters) – India’s TVS Motor Company reported a smaller-than-expected fourth-quarter profit on Wednesday, as higher costs overshadowed steady demand for its two-wheelers. The maker of Jupiter scooters and Apache motorcycles said its profit rose 18.3% from a year earlier to 4.85 billion rupees ($58 million) in the quarter ending March 31, missing analysts’ estimate …

India’s TVS Motor misses Q4 profit estimate as costs rise Read More »

MUMBAI (Reuters) – India’s central bank held a meeting with stakeholders to discuss potential strategies to further expand the reach of the country’s home-grown payments system Unified Payments Interface (UPI), it said on Wednesday. The stakeholders, including banks, the National Payments Corporation of India, third-party application providers and technology service providers, discussed strategies to scale …

Indian cenbank meets stakeholders to widen scope, reach of UPI Read More »

By Siddhi Nayak MUMBAI (Reuters) -India’s central bank on Wednesday warned some non-bank lenders against disbursing cash loans in excess of the permissible limit of 20,000 rupees ($240), according to two sources and a letter seen by Reuters, a move that is likely to stop large cash payouts to those borrowing against gold. The central …

Exclusive-India cenbank asks non-banks to stick to loan cash payout limit, sources say Read More »

BENGALURU (Reuters) – India’s Tata Power reported a jump in fourth-quarter profit on Wednesday, helped by strong energy demand amid heatwaves and growing economic activity in the country. The company reported a consolidated net profit of 8.95 billion rupees ($107.2 million), up around 15% from last year. Analysts had said energy firms such as Tata …

India’s Tata Power posts 15% jump in Q4 profit on robust demand Read More »

(Reuters) – Rajasthan Royals skipper Sanju Samson has made his case to become India’s first-choice wicketkeeper-batsman at the Twenty20 World Cup in June, said Kumar Sangakkara, the coach of his Indian Premier League (IPL) team. Samson was named in India’s 15-man squad for the June 1-29 event in the West Indies and United States but …

Cricket-Sangakkara backs Royals’ Samson to have a good run for India at World Cup Read More »

TORONTO (Reuters) – The three men accused of murdering Canadian Sikh leader Hardeep Singh Nijjar last year in a killing that triggered a diplomatic crisis between Canada and India appeared briefly in a British Columbia courtroom on Tuesday. Karanpreet Singh, 28, Kamalpreet Singh, 22 and Karan Brar, 22, all Indian nationals, face charges of first-degree …

Three men accused in Canadian Sikh leader’s death appear in court Read More »

NEW DELHI (Reuters) – India’s Election Commission directed social media platform X on Tuesday to take down a video post by Prime Minister Narendra Modi’s party after an opposition complaint that it promoted enmity among economically weaker groups. The takedown order for violation of poll rules came days after police registered a case against leaders …

Indian vote body tells X to remove Modi party video targeting Muslims, opposition Read More »