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NEW DELHI (Reuters) – Rescuers pulled out more bodies on Tuesday after landslides in India’s Himayalas over the weekend buried homes and buildings, killing at least 57 people and leaving 10 still trapped or missing, officials said. Torrential rains, which, along with unabated construction have frequently triggered deadly flash floods and landslides in the mountains …

Death toll after landslides in Indian Himalayas rises to 57; 10 still missing Read More »

By Rupam Jain NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Tuesday peace was returning to the strife-torn northeastern state of Manipur where at least 180 people have been killed and tens of thousands forced from their homes in sectarian clashes since May. The federal government has deployed security forces to the hilly …

India’s Modi says peace returning to strife-torn Manipur Read More »

BENGALURU (Reuters) – India’s Vodafone Idea reported a wider first-quarter loss on Monday, dragged by weak 4G subscriber growth and higher expenses. The company’s consolidated loss after tax stood at 78.40 billion rupees ($942.8 million) for the quarter ended June 30, compared to a loss of 72.97 billion rupees a year ago. Formed in August …

India’s Vodafone Idea reports wider Q1 loss on weak 4G subscriber growth Read More »

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee dropped on Monday on the back of a broadly higher U.S. dollar, but likely intervention by the central bank mitigated losses. The rupee was at 82.9250 to the dollar by 11:02 a.m. IST, down from 82.8450 on Friday. The currency hit a low of 83.0725 before …

Indian rupee falls, caught between dollar rally and likely RBI intervention Read More »

(Reuters) – India must improve their batting depth with the 50-overs World Cup on the horizon, coach Rahul Dravid said after his team lost their Twenty20 series against the West Indies 3-2 in Florida on Sunday. A young Indian side missing several big names battled back from 0-2 down in the five-match series but crashed …

Cricket-India must work on batting depth after Windies loss, says Dravid Read More »

(Reuters) – Indian captain Hardik Pandya called on his batsmen to take more responsibility and support their bowlers in future after openers Yashasvi Jaiswal and Shubman Gill showed the way in Saturday’s series-levelling Twenty20 win over the West Indies in Florida. Chasing 179 to level the five-match series at 2-2 after superb knocks by Shai …

Cricket-Pandya seeks more responsibility from batsmen after win over Windies Read More »

By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) -India’s industrial output growth rate slipped to a three-month low of 3.7% year-on-year in June, data from the Ministry of Statistics showed on Friday. Analysts in a Reuters poll had forecast an expansion of 5.0%. Industrial output for May was revised to 5.3% from 5.2%. Manufacturing, …

India’s June industrial output rises at slowest pace in 3 months Read More »

By Hritam Mukherjee BENGALURU (Reuters) -India’s Muthoot Finance reported quarterly profit growth for the first quarter in six, as record high prices spurred demand for gold loans. The gold financing company said its profit grew more than 21%, to 9.75 billion rupees ($117.81 million), for the first quarter ended June 30. Muthoot’s interest income, which …

India’s Muthoot Finance posts first quarterly profit growth in six quarters Read More »