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India wheat prices jump to 6-month high on demand, limited supply

By Rajendra Jadhav MUMBAI (Reuters) – Indian wheat prices surged to a six-month high on Tuesday due to limited supplies and robust demand ahead of the festival season, dealers said. The increasing prices may prompt New Delhi to eliminate import duties on the cereal to bolster supplies and control prices ahead of key state polls …

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India’s Adani Ports says Q1 profit nearly doubles on higher volumes, tariffs

BENGALURU (Reuters) – Adani Ports and Special Economic Zone, India’s largest private port operator, reported an 82.6% surge in first-quarter profit on Tuesday, helped by a jump in cargo volumes and as higher tariffs boost margins. The company said its consolidated net profit rose to 21.15 billion rupees ($255.4 million) in the April-June quarter, from …

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India bars makers of military drones from using Chinese parts

By Krishn Kaushik NEW DELHI (Reuters) – India in recent months has barred domestic manufacturers of military drones from using components made in China over concerns about security vulnerabilities, according to four defence and industry officials and documents reviewed by Reuters. The measure comes amid tensions between the nuclear-armed neighbours and as New Delhi pursues …

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India rate panel to dial up hawkishness even as it holds policy steady

By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but will adopt a far more hawkish tone as the recent rise in food prices risks becoming entrenched, economists and market participants said. A July 13-31 Reuters poll of 75 economists showed the …

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Indian opposition leader Rahul Gandhi returns to parliament after reinstatement

By YP Rajesh and Rupam Jain LONDON (Reuters) – Rahul Gandhi returned to India’s parliament on Monday after a Supreme Court ruling, boosting the profile of his Congress party and its opposition allies ahead of a no-confidence vote against Prime Minister Narendra Modi’s government. The vote is not expected to affect the popularity of Modi’s …

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India Supreme Court to monitor investigations into Manipur sexual violence cases

By Krishn Kaushik NEW DELHI (Reuters) -India’s Supreme Court said on Monday it will monitor all cases of violence against women committed during three months of sectarian clashes in the northeastern state of Manipur since May. A three-judge bench headed by Chief Justice of India D.Y. Chandrachud said it will appoint a retired senior police …

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Cricket-India’s ‘tail of woes’ continues unabated in West Indies

(Reuters) – The lengthy tail of India’s batting lineup was exposed again on Sunday and pundits say the team management need to find a solution ahead of the T20 World Cup in West Indies and the United States next year. Hardik Pandya’s team suffered their second successive defeat in the five-match series against West Indies …

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Cricket-Pakistan to send team to World Cup in India

By Charlotte Greenfield ISLAMABAD (Reuters) – Pakistan has decided to send its cricket team to India to participate in this year’s 50-over World Cup, the foreign office said on Sunday. The neighbouring countries, who share fraught relations, have played each other only in multi-team events at neutral venues over the last decade. “Pakistan has consistently …

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Three people killed, houses set ablaze in fresh violence in India’s Manipur state

GUWAHATI (Reuters) – Three people were killed and houses set ablaze in fresh violence in India’s Manipur, police officials said late on Friday, as sporadic violence and killings continue in the remote northeastern state. The three people killed on Thursday night belonged to the majority Metei community in the state’s Bishnupur district, a police spokesperson …

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