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NEW DELHI (Reuters) -Peace on India’s border with China is essential for normal relations, Indian Prime Minister Narendra Modi said in comments published on Friday that mark a rare articulation of New Delhi’s position since ties with Beijing deteriorated in 2020. Modi also said that the relationship between the nuclear-armed neighbours can only be based …

Indian PM Modi says peace on border essential for normal ties with China Read More »

NEW DELHI (Reuters) – India’s defence production rose more than 12% last fiscal year and crossed the 1 trillion rupee ($12 billion) threshold for the first time, the government said on Friday, as the country tries to reduce its reliance on imports from countries such as Russia. India, the world’s largest arms importer in the …

India says defence production exceeds $12 billion for first time Read More »

NEW DELHI (Reuters) – With the World Test Championship (WTC) final just weeks away, Virat Kohli says he has no intention of tinkering with his technique to add “fancy shots” to his arsenal for the Indian Premier League (IPL). The India stalwart smashed 100 off 63 balls as the Royal Challengers Bangalore chased down their …

Cricket-Kohli not interested in ‘fancy shots’ with WTC final looming Read More »

NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi will inaugurate the new parliament building in New Delhi this month, parliament said on Thursday, as his government seeks to shed India’s colonial past in a move that has irked conservationists. India’s current parliament building was built under British rule in 1927 and has grown too …

India’s Modi to inaugurate new parliament building, shedding colonial past Read More »

By Krishna N. Das NEW DELHI (Reuters) – India is considering a change to its pharmaceutical industry policy after cough syrups made in the country were linked to the deaths of children overseas, according to a document from Prime Minister Narendra Modi’s office, which noted that “important things” about the industry had been “overlooked”. A …

Exclusive-India considers policy change after cough syrup deaths – Modi’s office Read More »

(Reuters) – Home appliances maker Whirlpool of India Ltd reported a 25% drop in quarterly profit on Wednesday, missing analysts’ estimates, as sales were hit by muted demand for its air conditioners. The company, known for its refrigerators, washing machines and air conditioners, reported consolidated net profit of 626.8 million rupees in the fourth quarter, …

Whirlpool of India misses Q4 profit view as weaker sales weigh Read More »

BENGALURU (Reuters) – Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process. The company did not disclose the name of the bidders. Future Retail, once India’s second-largest retailer, was dragged into bankruptcy proceedings by banks after it defaulted on loans and its lenders rejected a …

India’s Future Retail receives 6 bankruptcy resolution bids Read More »