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Ukraine found components from India in Russian drones, official says

5 Aug 2025

(Reuters) -Kyiv has found components from India in Russian drones used for attacks on Ukraine, the country’s top presidential official said on Tuesday. Andriy Yermak, presidential chief of staff, said on Telegram that these drones were involved in attacks along the frontlines and against civilians. Reuters could not independently verify the situation. (Reporting by Yuliia …

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Cricket-From sidekick to showstopper, Siraj reinvents himself in England

5 Aug 2025

By Amlan Chakraborty (Reuters) -Mohammed Siraj landed in England as Jasprit Bumrah’s trusted sidekick and then produced a stellar display across five gruelling tests to prove that he possesses both the heart and the craft to lead India’s pace battery. India arrived with a depleted attack after veteran seamer Mohammed Shami was deemed unfit for …

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Weak Indian rupee may blunt US tariff bite, say economists

5 Aug 2025

By Nimesh Vora MUMBAI (Reuters) -The Indian rupee’s recent slide may help soften the blow from higher U.S. tariffs, economists said, with trade tensions between New Delhi and Washington intensifying under President Donald Trump. The rupee dropped to 87.8850 per U.S. dollar on Tuesday, nearing its all-time low of 87.95 hit in February. Bankers said …

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Soccer-Bengaluru FC stops salaries with India’s top league ISL in limbo

5 Aug 2025

BENGALURU (Reuters) -Indian Super League (ISL) side Bengaluru FC have stopped paying the salaries of its first team’s players and staff amid growing uncertainty over future of the top-flight league. In a statement on Monday, the 2018-19 ISL champions said they had taken the decision “in view of the uncertainty surrounding the future of the …

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India services growth hits 11-month high in July on stronger exports, PMI shows

5 Aug 2025

BENGALURU (Reuters) -Growth in India’s services sector accelerated to an 11-month high in July, driven by strong international demand and sustained domestic sales, a survey showed on Tuesday. The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, inched up to 60.5 in July from 60.4 in June, confounding a preliminary estimate that …

India services growth hits 11-month high in July on stronger exports, PMI shows Read More »

India’s IndusInd Bank jumps on naming Rajiv Anand as CEO, raising hopes of a turnaround

5 Aug 2025

(Reuters) -India’s IndusInd Bank jumped as much as 5.4% on Tuesday after naming Rajiv Anand as CEO, a move that analysts say could pave the way for a turnaround after leadership turmoil amid accounting lapses. The stock was the top gainer on the Nifty Bank and Nifty Private Bank indexes, which were trading 0.3% and …

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India cenbank seen holding rates, but US tariffs raise odds of cut

4 Aug 2025

By Swati Bhat and Dharamraj Dhutia MUMBAI (Reuters) -India’s central bank is expected to hold rates steady on Wednesday, but the odds of another cut have risen after the United States slapped steep tariffs on Indian exports last week, adding to pressure on growth even as inflation stays subdued. A large majority of economists, or …

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