LONDON (Reuters) – Britain said on Wednesday it would send warships to the Indian Ocean later this year and an aircraft carrier to the region in 2025 for joint training and operations with Indian forces as the two countries strengthen their security ties. British Defence Secretary Grant Shapps said the Royal Navy’s Littoral Response Group …
UK to deploy warships, aircraft carrier for Indian Ocean joint training Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -India’s Nifty 50 and Sensex rose on Wednesday, led by gains in IT companies ahead of quarterly results and boosted by a jump in some Adani group stocks on the conglomerate’s plan for a $24 billion investment. The blue-chip NSE Nifty 50 gained 0.34% to 21,618.70 points, while the S&P …
Indian shares rise on boost from IT, Adani group stocks Read More »
BENGALURU (Reuters) – The CEO of an Indian AI startup has been arrested on suspicion that she murdered her four-year-old son after his body was found in her luggage, police said on Tuesday. Suchana Seth, who heads The Mindful AI Lab in India’s tech hub of Bengaluru, was detained in the Chitradurga district of Karnataka …
Indian AI startup CEO arrested after body of 4-year-old son found in luggage Read More »
By Nidhi Verma NEW DELHI (Reuters) -Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months, company sources said. Indian Oil Corp, the country’s top refiner, and Bharat Petroleum Corp, are …
Indian refiners set to ask for extra Saudi oil after sharp price cut Read More »
By Sarita Chaganti Singh, Nikunj Ohri and Mayank Bhardwaj NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s government is considering doubling the annual payout to landowning female farmers to 12,000 rupees ($144), three sources with knowledge of the matter told Reuters, a move likely to appeal to women voters ahead of a general election. The …
Exclusive-India eyes doubling cash handout for women farmers ahead of vote – sources Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares closed higher on Tuesday, led by a jump in auto stocks, but surrendered a lot of their gains in the final hour of trade due to a drop in financials on concerns of moderating earnings growth. The blue-chip NSE Nifty 50 ended 0.15% higher to 21,544.85 points, while …
Financials rein in Indian shares’ auto stocks-driven jump Read More »
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely edged up in December on higher food prices but stayed within the Reserve Bank of India’s target range for a fourth consecutive month, according to a Reuters poll of economists. Food prices, which account for about half of the inflation basket, rose in November and …
India Dec inflation likely picked up to 5.87% on rising food costs – Reuters poll Read More »
By Bhakti Tambe MUMBAI (Reuters) – India’s largest private port operator, Adani Ports and Special Economic Zone, entered the bond market for the first time in over two years on Monday, with the issue garnering strong demand. The fundraising follows the Supreme Court’s decision that the group is not required to undergo additional investigations beyond …
Adani Ports’ first bond issue in over 2 years lapped up, more coming – bankers Read More »
MUMBAI (Reuters) – Bloomberg Index Services on Monday proposed including eligible Indian bonds in its emerging market local currency index from September, a move that could lead to billions of dollars of inflows into the country. The proposal comes just a few months after JPMorgan said it would include India in its widely tracked emerging …
India bonds may be included in Bloomberg EM index from Sept -statement Read More »
By Sakshi Dayal NEW DELHI (Reuters) -India’s top court on Monday quashed the release of 11 Hindu men who had been jailed for life for gang-raping a pregnant Muslim woman and murdering her relatives during Hindu-Muslim riots in Gujarat state in 2002, a lawyer in the case said. The court directed the men to surrender …
India’s top court quashes release of men in Muslim woman’s gang-rape – lawyer Read More »
