Reuters India Top

By Rama Venkat BENGALURU (Reuters) -Indian shares traded higher on Thursday as stronger-than-expected domestic growth data boosted sentiment and as broader Asian equities rose over receding bets for a rate hike by the U.S. Federal Reserve this month. The blue-chip Nifty 50 index was up 0.13% at 18,559 as of 10:30 a.m. IST, while the …

Indian shares rise on strong domestic growth data, broader equities strength Read More »

By Nimesh Vora and Sethuraman N R MUMBAI (Reuters) – The Indian rupee rose to a two-week high on Thursday as traders holding long positions on the dollar exited after domestic economic data surprised on the upside. The rupee was at 82.4425 against the U.S. dollar by 10:22 a.m. IST, compared to 82.7225 on Wednesday. …

Indian rupee strengthens past key level on stop losses after GDP print Read More »

By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign off on a deal that would allow General Electric Co to produce jet engines powering Indian military aircraft in that country, according to three people briefed on the decision. A deal finalizing the joint production …

Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets Read More »

NEW DELHI (Reuters) – India’s sports minister on Wednesday urged wrestling champions who have staged protests accusing their federation chief of sexual harassment to await the outcome of investigations into the allegations before deciding their next course of action. Minister Anurag Thakur said the national capital’s police is investigating the case, following directions from the …

India asks protesting wrestlers to wait for police probe outcome Read More »

By Biplob Kumar Das and Aditya Kalra BENGALURU/NEW DELHI (Reuters) – India unveiled guidelines on Wednesday requiring streaming platforms such as Netflix and Amazon Prime Video to display prominent warnings about smoking and other forms of tobacco use while airing shows with such scenes. While film and television certification bodies already moderate public content in …

India makes tobacco warnings mandatory for streaming sites Read More »

(Reuters) – India’s economic growth accelerated to 6.1% in the March quarter from a year earlier as a recovery in private investment and domestic consumption offset the drag from softening global demand. Asia’s third-largest economy expanded faster than the forecast of 5.0% by economists in a Reuters poll in the last quarter of the fiscal …

Instant view: India’s Jan-March quarter GDP growth at 6.1% y/y Read More »