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NEW DELHI (Reuters) – India is expected to maintain current road construction momentum, adding up to 13,000 kilometres in the 12 months through March 2025, an annual increase of 5-8%, ICRA, the Indian arm of the Fitch ratings agency said on Tuesday. Since Prime Minister Narendra Modi took office in 2014, India has built about …

India likely to construct 5-8% more roads y/y in 2024/25 – ICRA Read More »

By Nikunj Ohri, Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) – India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part due to concerns about a Chinese shareholding in the parent company, according to three government officials and a document seen by Reuters. …

India defers approval of Paytm’s investment in its payments arm, sources say Read More »

MUMBAI (Reuters) – Indian mills produced 31.09 million metric tons of sugar between Oct. 1 and April 15, down 0.5% from the previous year due to lower output in the key producing southern state of Karnataka, a leading industry body said on Tuesday. Sugar mills are closing their operations at a higher pace than last …

India’s sugar production slips, mill closures accelerate Read More »

By Amlan Chakraborty NEW DELHI (Reuters) – India’s former Olympic champion Abhinav Bindra has told the country’s Paris-bound shooters to embrace the pressure they will face at the Games, and to train themselves to be perfect on what will most likely be an imperfect day. India are sending their largest Olympic shooting contingent to the …

Olympics-Train to be perfect on an imperfect day, pioneer Bindra tells Indian shooters Read More »

By Shivam Patel NEW DELHI (Reuters) – Popular Indian yoga guru Baba Ramdev said on Tuesday he made a mistake and apologised to a court for defying its orders to stop misleading advertisements that claim his traditional ayurvedic medicines can cure chronic diseases like diabetes. Ramdev, dressed in a saffron-coloured robe, pleaded before two Supreme …

Indian yoga guru seeks mercy from judges in misleading ads case Read More »

(Reuters) – India has been using electronic voting machines (EVMs)extensively since 2000 to record votes in the world’s largest election. This year, voting in the seven-phase election begins on April 19 and votes will be counted on June 4. Prime Minister Narendra Modi is widely expected to win a third straight term. Here are some …

Factbox-India’s Lok Sabha election 2024: What are electronic voting machines? Read More »

(Reuters) – India, with nearly a billion eligible voters, will set off on the world’s largest electoral exercise on Friday. The country has more than 2,500 political parties but just 10 of them hold 86% of all seats in the Lok Sabha, the lower house of parliament. A serious contest between a few parties will …

Factbox-India’s Lok Sabha election 2024: the main political parties and candidates Read More »