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India launches second part of critical minerals auction worth $362 billion

By Neha Arora and Hritam Mukherjee NEW DELHI/BENGALURU (Reuters) – India launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about $362 billion), the country’s mines minister, Pralhad Joshi, said on Thursday. A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in …

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India top court rejects Vedanta’s plea to reopen Sterlite Copper’s smelting unit – lawyer

By Praveen Paramasivam and Arpan Chaturvedi BENGALURU (Reuters) -India’s top court on Thursday rejected miner Vedanta’s plea to reopen the Sterlite Copper’s smelting unit in southern India, a lawyer familiar with the order told Reuters. Sterlite Copper was forced to shut the smelter, which produces more than 400,000 tons of copper annually, by Tamil Nadu …

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Analysis-India’s farmer protest fuels opposition hopes of denting Modi’s appeal

By Rupam Jain, Rajendra Jadhav and Manoj Kumar SHAMBHU, India (Reuters) – When India’s powerful Prime Minister Narendra Modi agreed in 2021 to repeal three farm laws aimed at overhauling the antiquated agriculture sector, he seemed to have won over farmers who had been protesting for over 12 months. But just over two years later, …

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India seeks reforms on agriculture, disputes system at WTO meeting

By Rachna Uppal ABU DHABI (Reuters) – India hopes to reach a deal on a key element of agricultural reform as well as the restoration of the World Trade Organization’s arbitration powers at a high-level meeting in Abu Dhabi this week, its trade minister said on Wednesday. India’s Commerce Minister Piyush Goyal is expected to …

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Uday Shankar to be vice chair of India’s merged Reliance-Disney media business -sources

By Aditya Kalra NEW DELHI (Reuters) -Former Walt Disney executive Uday Shankar will be named as vice chairman of the board following a merger between the India media assets of Reliance Industries and Disney, two sources familiar with the matter told Reuters. Reliance and Disney are expected to make a formal announcement on Wednesday after …

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Four dead, two injured in landslide at NMDC’s Chhattisgarh mine

NEW DELHI/BENGALURU (Reuters) -Four people were killed and two injured in a landslide at NMDC’s iron ore mine in Dantewada in the central Indian state of Chhattisgarh, the company said on Wednesday. “Four lives were lost due to collapse of a rock formation on the hillside,” NMDC, India’s largest state-owned iron ore miner, said in …

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With handouts, piped water and cooking gas, India’s Modi woos women voters

By Shivangi Acharya BHOPAL, India (Reuters) – Living in a slum in central India with her widowed mother and two young daughters, Nayantara Gupta says she owes her relative prosperity in recent years to Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP). Gupta, a 28-year-old single mother, said she voted for the BJP …

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Rupee may struggle on repeated failure at resistance, weak Asian peers

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to be under some pressure on Wednesday on the back of losses in Asian peers and following the currency’s failure to move past an important resistance. Non-deliverable forwards indicate the rupee will open flat-to-slightly weaker to the U.S. dollar from 82.8975 in the previous …

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India court bars yoga guru’s Patanjali from publishing some medicine ads

By Arpan Chaturvedi NEW DELHI (Reuters) – India’s top court on Tuesday barred consumer firm Patanjali Ayurved, co-founded by one of country’s most popular yoga gurus, from publishing advertisements for its traditional ayurvedic medicines that claim to cure some diseases. The Supreme Court order was issued in an ongoing legal dispute with the Indian Medical …

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