By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares rose on Tuesday led by a rebound in financials, while easing domestic inflation and hopes of foreign inflows after MSCI’s index revision aided sentiment. The NSE Nifty 50 index was up 0.43% to 21,709.10, while the S&P BSE Sensex rose 0.55% to 71,465.24 as of 10:33 a.m. IST. Nine …
(This Feb. 11 story has been refiled to clarify that India is home to the third-largest Muslim population in the world, in paragraph 8) By Rupam Jain NEW DELHI (Reuters) – Shayara Bano heaved a sigh of relief on Wednesday at the enactment of a law banning polygamy in her small Indian state, the culmination …
Indian state’s polygamy ban divides some Muslim women Read More »
(Reuters) – Indian batter KL Rahul has been ruled out of the third test against England after failing a fitness test and has been replaced in the squad by Devdutt Padikkal, the Indian cricket board (BCCI) said on Monday. Rahul, who has played 50 tests for India and scored eight centuries, missed the second test …
Cricket-India’s Rahul out of third test vs England due to fitness issues Read More »
NEW DELHI (Reuters) -India’s industrial output rose at a faster-than-expected pace of 3.8% year-on-year in December, government data showed on Monday, on the back of a pick up in manufacturing activity. For December, economists polled by Reuters had estimated growth of 2.4%. In November, too, it rose 2.4%. Manufacturing output in December rose 3.9% year-on-year, …
India’s December industrial output up 3.8% on year Read More »
By Shivam Patel and Mayank Bhardwaj NEW DELHI (Reuters) – Indian police on Monday blocked roads to halt farmers who were marching to New Delhi to press for the better crop prices promised to them in 2021 when thousands of growers camped out on major highways leading to the country’s capital. Some government ministers are …
Indian police block roads to halt farmers marching to New Delhi Read More »
BENGALURU (Reuters) – Indian auto parts maker Samvardhana Motherson International’s third-quarter profit missed estimates on Monday, as hyperinflation weighed heavily on its Argentinian business. Samvardhana’s consolidated net profit rose 19.4% to 5.42 billion rupees (about $65 million) for the October-December quarter, missing analysts’ estimate of 7.25 billion rupees, per LSEG data. Its shares fell as …
Argentina unit hit drags India’s Samvardhana Motherson to Q3 profit miss Read More »
NEW DELHI (Reuters) – Qatar has released eight former officers of the Indian navy after dropping their death sentences, India’s foreign ministry said on Monday, crediting the Qatari emir for the decision more than 18 months after the arrest challenged diplomatic ties. The men were accused of spying for Israel, according to sources, though India …
Qatar frees eight Indians months after dropping death sentences Read More »
NEW DELHI (Reuters) – India’s central bank will not review its recent regulatory action taken on Paytm Payments Bank, Governor Shaktikanta Das said on Monday. The Reserve Bank of India (RBI), last month, ordered Paytm affiliate Paytm Payments Bank to shut most of its business, including deposits, credit products and its popular digital wallets, by …
India will not review regulatory action on Paytm Payments Bank, says cenbank chief Read More »
(Reuters) -India batsman Virat Kohli has been ruled out of the remaining three tests of their five-match home series with England for personal reasons, the Board of Control for Cricket in India (BCCI) said on Saturday. Kohli pulled out of the first two tests, also for personal reasons. The Indian cricket board said in a …
Cricket-India’s Kohli to miss rest of England series due to personal reasons Read More »
By M. Sriram and Aditi Shah NEW DELHI (Reuters) -Hyundai Motor has appointed investment bankers JPMorgan and Citi to advise on its at least $3 billion India IPO, accelerating listing plans in the world’s third-largest auto market, sources with direct knowledge said. The company plans to file regulatory papers in India by May to June …
Hyundai picks JPMorgan, Citi to accelerate $3 billion India IPO – sources Read More »
