By Dharamraj Dhutia MUMBAI (Reuters) – The spread between the Indian and U.S. 10-year bond yields dropped to its lowest level in nearly 14 years, but it cannot remain this low for too long and could reverse over the coming weeks, analysts said on Thursday. India’s benchmark bond yield has hovered around 7% for the …
India-US 10-yr bond yield spread at near 14-yr low; likely to widen – analysts Read More »
By Manoj Kumar NEW DELHI (Reuters) – India’s Biocon Biologics closed the year to end-March with revenue on a trajectory towards $1 billion, its CEO said on Wednesday, helped by strong sales in the U.S. and Europe from the biosimilars business it bought last year from Viatris Inc. Biocon Biologics, which acquired the biosimilars business …
India’s Biocon Biologics says biosimilars put revenue on $1 billion trajectory Read More »
NEW DELHI (Reuters) – Five-times champions Mumbai Indians thrashed Lucknow Super Giants by 81 runs on Wednesday to eliminate them from the Indian Premier League (IPL) and keep alive their own hopes of making the final. Seamer Akash Madhwal claimed five wickets while conceding only five runs in his 3.3 overs to skittle out Lucknow …
Cricket-Mumbai eliminate Lucknow to keep IPL final hopes alive Read More »
By Rupam Jain NEW DELHI (Reuters) – Indian opposition political parties said on Wednesday they would boycott the inauguration ceremony for the new parliament building to be conducted by Prime Minister Narendra Modi, sidelining the country’s president. In a joint statement, 19 national and regional opposition parties said Modi’s decision to dedicate the building on …
Opposition parties to boycott new parliament inauguration by India’s Modi Read More »
(Reuters) -India’s Adani Group is exploring the possibility to invest up to $3 billion in seaport and renewable energy projects in Vietnam, the Vietnamese government said in a statement on Wednesday. The statement came after a meeting in Hanoi on the same day between Vietnamese Prime Minister Pham Minh Chinh and Karan Adani, chief executive …
India’s Adani Group weighs $3 billion investment in Vietnam Read More »
By Kirsty Needham SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese met Narendra Modi, his Indian counterpart, in Sydney on Wednesday to discuss regional security and economic ties and signed a migration deal to boost Indian student and business travel to Australia. The two leaders also discussed the impact of Russia’s conflict with Ukraine on developing …
Australia, India to seek closer economic ties, critical minerals cooperation Read More »
NEW DELHI (Reuters) – Chennai Super Kings captain Mahendra Singh Dhoni said he is in no rush to make a decision about his Indian Premier League future after the 41-year-old guided his team to their 10th final in 14 seasons. Four years after quitting international cricket Dhoni remains the league’s most popular player, his presence …
Cricket-Super Kings skipper Dhoni in no rush to decide IPL future Read More »
By Sujith Pai and Devayani Sathyan BENGALURU (Reuters) – Already-richly valued India stock market indexes are forecast to scale new highs this year but a new bull run is unlikely, according to a Reuters poll of equity strategists who downgraded their year-end outlook from three months ago. The BSE Sensex index dropped over 6% last …
Indian stocks to gain only modestly in 2023 despite RBI rate hike pause – Reuters poll Read More »
(Reuters) – Four-time Indian Premier League winners Chennai Super Kings qualified for their 10th final with a 15-run win over holders Gujarat Titans in the first qualifier at Chepauk on Tuesday. Ruturaj Gaikwad and Devon Conway shared an 87-run opening stand before a late flurry from Ambati Rayudu and Ravindra Jadeja helped Chennai post 172-7 …
Cricket-Chennai reach 10th IPL final with win over Gujarat Read More »
By Aditi Shah NEW DELHI (Reuters) – Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing storage and processing demand, the CEO of its Lumina CloudInfra data centre platform told Reuters. COVID-19 created a shift in data consumption habits with more people working remotely …
Blackstone platform bets on Indian data binge, in talks with Microsoft, Amazon Read More »
