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India central bank moves to ensure continuity of UPI transactions on Paytm

MUMBAI (Reuters) -The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP). If approved, this would allow Paytm to continue processing payments via India’s popular unified payments …

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Cricket-Root rescues England with controlled century in India

RANCHI, India (Reuters) – Joe Root rescued England with a century on the opening day of the fourth test against India on Friday, steering the tourists to a respectable 302-7 after Akash Deep took early wickets. The right-hander responded to the backlash against England’s ‘Bazball’ approach after their drubbing by 434 runs in the third …

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High real rate impeding India’s growth goals – committee member Varma

By Swati Bhat MUMBAI (Reuters) – A high real interest rate in India could prevent private investments from picking up and hold the country back from achieving its true growth potential, an external member of the monetary policy committee said on Friday. Professor Jayant Varma, who was the sole dissenter at the February monetary policy …

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Israel’s military exports to top buyer India unaffected by Gaza war

By Krishn Kaushik NEW DELHI (Reuters) – Israel’s military exports to India, its largest defence buyer, have not been affected by the war in Gaza, an Indian source and an Israeli source aware of the details said. India has imported military hardware worth $2.9 billion from Israel over the last decade, including radars, surveillance and …

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With spears and shields, India’s Nihang Sikh warriors join farmers’ protest

By Sunil Kataria SHAMBHU, India (Reuters) – Thousands of protesting Indian farmers facing off with security forces have come under the protection of the Nihang Sikhs, a warrior sect dating back to the 1600s distinguished by their ink-blue robes and ancient weapons such as swords and spears. The farmers, who are also mainly Sikhs and …

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Avalanche in India’s Kashmir leaves one Russian skier dead; 6 rescued

By Fayaz Bukhari SRINAGAR, India (Reuters) -One Russian skier was killed and six others rescued after being trapped in the snow following an avalanche near a Himalayan ski resort in Indian Kashmir on Thursday, an official in Kashmir’s Gulmarg town said. The avalanche swept through the peaks near Gulmarg, which is popular with tourists and …

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X takes down accounts that media say are linked to India farmers protests

NEW DELHI (Reuters) -Social media platform X said on Thursday it took down certain accounts and posts following an order by the Indian government, which local media reports say are linked to ongoing protests by farmers demanding higher prices for crops. The platform formerly known as Twitter did not provide details of the removals but …

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Surging bills, fewer showers: India’s Bengaluru reels under water shortage

By VarunVyas Hebbalalu and Chandini Monnappa BENGALURU (Reuters) – Bengaluru is facing an acute water shortage this year, months before peak summer, forcing many residents in “India’s Silicon Valley” to ration their water use and pay almost double the usual price to meet their daily needs. Weak southwest monsoon rains have dented groundwater levels and …

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Chinese, Indian militaries hold ‘constructive’ meeting on border issues – ministry

BEIJING (Reuters) – The Chinese and Indian militaries held a constructive meeting on resolving border issues on Monday, China’s defence ministry said in a statement. Both parties agreed to keep communicating through military and diplomatic channels and maintain peace and tranquillity in the Sino-Indian border areas before reaching a consensus, it added. The meeting took …

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