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By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – India’s air safety watchdog has launched a review of pilot fatigue data to see if any policy changes are needed after the sudden death of an IndiGo pilot, a senior aviation ministry official told Reuters. The rare review, which has not previously been reported, comes …

Exclusive-India’s aviation watchdog reviewing fatigue data after pilot death-source Read More »

BENGALURU (Reuters) -India’s market regulator has very nearly completed its probe into whether billionaire Gautam Adani’s conglomerate violated securities laws and will take any action required based on its findings, it said in a Supreme Court filing on Friday. The Adani group’s listed companies lost more than $100 billion in market value earlier this year after U.S.-based …

India regulator reaches final lap in Adani probe, to take action on outcome Read More »

MUMBAI (Reuters) – India’s foreign exchange reserves declined to a near two-month low of $594.89 billion as of Aug. 18 and posted their steepest weekly fall in more than six months, data from the country’s central bank showed on Friday. They fell by $7.27 billion from the prior week, the sharpest decline since the week …

India’s forex reserves post steepest weekly decline in over 6 months Read More »

By YP Rajesh NEW DELHI, (Reuters) – Indian voters are growing unhappy with Prime Minister Narendra Modi’s government due to high inflation and unemployment but he is still on track to comfortably win a third term in elections next year due to his personal popularity, a key survey said. The popularity of main opposition leader …

Inflation hurting Modi, but still likely to win India’s 2024 polls – survey Read More »

NEW DELHI (Reuters) -India hopes to convince members of the G20 grouping of nations to find amicable solutions to geopolitical issues, its G20 summit negotiator Amitabh Kant said on Friday, responding to a query on the Russia-Ukraine war. The conflict has cast a long shadow over global diplomacy since it began in February last year. …

India hopes G20 will evolve amicable solution on geopolitical issues Read More »

BENGALURU (Reuters) – India’s Reliance Industries is likely to sell an additional 8-10% stake in its retail arm Reliance Retail Ventures to fund expansion, retire debt and prepare for a public listing of the conglomerate’s retail business, the Economic Times reported on Friday. This process will most likely take 12-15 months and will be vital …

India’s Reliance Industries to sell additional stake in retail arm – report Read More »

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares fell on Friday, dragged by financials and information technology (IT) stocks, after the Reserve Bank of India’s (RBI) policy meeting minutes flagged near-term inflation risks. The Nifty 50 index was down 0.47% at 19,293.50 at 9:50 a.m. IST, while the S&P BSE Sensex fell 0.48% to 64,943.43. Among …

Financials, IT drag Indian shares after RBI flags inflation concerns Read More »

By Bhargav Acharya and Tannur Anders JOHANNESBURG (Reuters) -Indian Prime Minister Narendra Modi spoke to China’s President Xi Jinping on the sidelines of the BRICS summit in Johannesburg and highlighted concerns India has about border issues along the Line of Actual Control (LAC), India’s foreign secretary said. Modi and Xi agreed “to direct their relevant …

India’s Modi highlights concerns with China’s Xi on border issue Read More »

By Amlan Chakraborty NEW DELHI (Reuters) – The Wrestling Federation of India (WFI) was banned by the sport’s global governing body on Thursday in a fresh crisis for the national federation battling a sexual harassment scandal. The United World Wrestling (UWW), in a letter to the Indian Olympic Association (IOA), conveyed its decision to suspend …

Wrestling-Indian federation suspended for failing to hold elections on time Read More »