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India asks producers for ‘sensitivity’ as oil price hovers near $90

By Yousef Saba, Maha El Dahan and Nidhi Verma ABU DHABI (Reuters) – India, the world’s third-biggest oil importer, on Tuesday urged producers to show “sensitivity” towards consuming countries, hit by prices largely trading above $90 a barrel since Saudi Arabia and Russia decided to extend voluntary cuts to year-end. “During pandemic, when crude oil …

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Factbox-India-Canada ties fray in dispute over Sikh separatist killing

NEW DELHI (Reuters) -India has asked Canada to reduce its diplomatic staff in the country by more than half, the Financial Times reported on Tuesday, with ties fraying after Canadian Prime Minister Justin Trudeau publicly levelled suspicions that Indian agents were involved in the killing of a Sikh separatist leader in Canada. Hardeep Singh Nijjar …

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Auto, energy slide drags Indian shares; small-, mid-caps outperform

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares closed lower on Tuesday, dragged by auto stocks on mixed sales data in September, while concerns over elevated interest rates also weighed on sentiment. The NSE Nifty 50 index settled 0.56% down at 19,528.75, while the S&P BSE Sensex fell 0.48% to 65,512.10. Auto stocks fell 1.20%, dragged …

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Games-Take care!: Hangzhou volunteers warn fans as Jaiswal smashes India to win

By Ian Ransom HANGZHOU, China (Reuters) -Asian Games volunteers warned spectators to beware of sixes as opening batsman Yashasvi Jaiswal smashed his way to a 48-ball century, helping India to a 23-run win over Nepal in their debut in the men’s cricket tournament on Tuesday. India are mad about the sport but it is barely …

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India’s factory growth eased in September but remained strong -PMI

BENGALURU (Reuters) – India’s factory activity expanded at the slowest pace in five months in September but remained solid, with strong demand driving business confidence to its highest level this year, despite increased inflationary pressures, a private survey showed. The Manufacturing Purchasing Managers’ Index, compiled by S&P Global, fell to 57.5 last month from 58.6 …

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