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Cricket-Arthur hurt by absence of Pakistan fans in Ahmedabad

By Amlan Chakraborty AHMEDABAD, India (Reuters) – Pakistan team director Mickey Arthur was upset by the lack of their fans at the Narendra Modi Stadium on Saturday but would not blame the team’s comprehensive defeat by India on the absence of support from the stands. The late unveiling of the tournament’s schedule had already made …

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Cricket-Rohit praises India’s versatile bowling attack after win over Pakistan

By Amlan Chakraborty AHMEDABAD, India (Reuters) – India captain Rohit Sharma heaped praise on his bowling unit after the team’s comprehensive seven-wicket win over arch-rivals Pakistan in a mouthwatering World Cup clash on Saturday. At 155-2 in the 30th over, and with Babar Azam and Mohammad Rizwan looking set in the middle, Pakistan appeared to …

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Olympics-India wants to host summer Games in 2036, says PM Modi

(Reuters) -India is interested in hosting the Olympic Games in 2036, Prime Minister Narendra Modi said on Saturday at the opening ceremony of the International Olympic Committee (IOC) session in Mumbai. The country has never hosted the Olympics before, but in 2010 Delhi hosted the Commonwealth Games. “India will leave no stone unturned in our …

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Cricket-Clinical India retain perfect World Cup record v Pakistan

By Amlan Chakraborty AHMEDABAD, India (Reuters) -India steamrollered Pakistan by seven wickets in a lopsided blockbuster match at a heaving Narendra Modi Stadium on Saturday to maintain their unblemished 50-overs World Cup record against their arch-rivals. The western Indian city had been in the grip of cricket fever ahead of the tournament’s most anticipated match, …

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India’s Tata Motors to sell stake in unit to TPG fund, endowment trust, valuing it at $2 billion

BENGALURU (Reuters) – India’s Tata Motors on Friday said it will sell a 9.9% stake in Tata Technologies to U.S. private equity firm TPG and an endowment trust belonging to Tata Trusts Chairman Ratan Tata in a deal that values the unit at nearly $2 billion. TPG fund TPG Rise Climate will pick up a …

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G20 chair India says Middle East conflict raises fuel price concerns

MARRAKECH, Morocco (Reuters) – Many emerging market countries are concerned about the impact on fuel prices due to the recent crisis in the Middle East, India’s finance minister said on Friday, detailing the discussions held by G20 finance leaders in Marrakech. Referring to the Israel-Hamas conflict, Minister Nirmala Sitharaman said, “The recent crisis in the …

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Cricket-Gill may return for Pakistan clash, India mull three spinners

By Amlan Chakraborty AHMEDABAD, India (Reuters) – India opener Shubman Gill is in the frame to return for Saturday’s World Cup blockbuster against Pakistan and the hosts are also open to playing three spinners at the Narendra Modi Stadium, skipper Rohit Sharma said on Friday. Gill is the leading run-getter in one-day internationals this year …

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India’s state-run banks to lower bond purchases as liquidity tightens – treasurers

By Dharamraj Dhutia MUMBAI (Reuters) – India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury officials from nine state lenders said. Bond yields have spiked since Oct. 6, when the central bank said it will keep monetary policy restrictive and sell bonds to manage banking system …

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IT, banks drag Indian shares; US inflation data triggers rate jitters

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares fell on Friday dragged by a slide in information technology (IT) and bank stocks, while inflation concerns in the United States also weighed on investor sentiment. The NSE Nifty 50 index was down 0.56% at 19,682.60 as of 10:31 a.m. IST, and the S&P BSE Sensex fell 0.61% …

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