NEW DELHI (Reuters) -Indian police have arrested Sikh separatist Amritpal Singh after searching for him for more than a month, a state police official said on Sunday, a move against the revival of an independent homeland in the state of Punjab bordering Pakistan. The rise of Singh, a preacher in the northwestern state of Punjab …
Indian police arrest Sikh separatist after month-long hunt Read More »
NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi’s government has nothing to hide concerning a deadly attack on a military convoy in Kashmir in 2019, India’s home minister said. Earlier this month, Satya Pal Malik, the then-Jammu and Kashmir governor, alleged that paramilitary personnel were denied air transport and were made to travel by …
India home minister challenges account of 2019 deadly attack on military convoy Read More »
MUMBAI (Reuters) – India’s foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41 billion for the week ended April 14, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday. That is an increase of $1.65 billion from the previous week. Reserves had gone up by $6.3 …
India’s forex reserves rise for second week, hit over 9-month high Read More »
BENGALURU (Reuters) -Reliance Jio Infocomm Ltd, the telecom arm of Indian billionaire Mukesh Ambani’s Reliance Industries Ltd, reported its slowest profit and revenue growth in five quarters on Friday, due to higher expenses and lack of recent tariff hikes. Jio, India’s biggest telecom carrier by subscribers, said net profit rose 13% to 47.16 billion rupees …
Indian carrier Reliance Jio’s profit, rev growth hit five-qtr low Read More »
, Mumbai – The Reserve Bank of India (RBI) bought a net of $254 million in the spot foreign exchange market in February, according to data released on Friday. The RBI said it purchased $4.38 billion and sold $4.13 billion in February. In January, the central bank had sold a net of $384 million in …
India cenbank bought $254 million in spot forex market in Feb –bulletin Read More »
By Aditya Kalra NEW DELHI (Reuters) -An Indian court has rejected Chinese phonemaker Xiaomi Corp’s petition against the seizure of 55.51 billion rupees ($676 million), two sources familiar with the matter told Reuters on Friday. Xiaomi’s assets in India were frozen last year by the federal financial crime agency which alleged the company had made …
India court rejects Xiaomi’s challenge to $676 million asset freeze -sources Read More »
MUMBAI (Reuters) -The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd and Housing Development Finance Corp Ltd (HDFC) selective regulatory relief to smooth out the merger between the two organisations, set to conclude by July this year. The central bank has permitted the bank to meet priority sector lending requirements in a staggered …
India cenbank gives HDFC Bank selective regulatory relief post HDFC merger Read More »
NEW DELHI (Reuters) -Unidentified gunmen on Thursday opened fire at an Indian army vehicle in the disputed Himalayan region of Kashmir, killing at least five soldiers, the army said. Grenades were also likely thrown at the vehicle in the Rajouri sector of the region, causing it to catch fire, the army said. One soldier was …
Gunmen kill five Indian soldiers in disputed Kashmir Read More »
NEW DELHI (Reuters) – An Indian court on Thursday acquitted 69 Hindus, including a former minister from the ruling Bharatiya Janata Party (BJP), of the murder of 11 Muslims during communal riots in the western state of Gujarat in 2002. The killings occurred in Ahmedabad on Feb. 28, 2002, a day after a suspected Muslim …
India court acquits 69 Hindus of murder of 11 Muslims during 2002 riots Read More »
(Reuters) – India’s market regulator penalised two former auditors of CG Power and Industrial Solutions Ltd on Thursday for rule violations, according to an order published on the regulator’s website. The Securities and Exchange Board of India (SEBI) levied a penalty of 500,000 rupees each on the auditors, Chaturvedi & Shah, and K. K. Mankeshwar …
India’s market regulator penalises two former auditors of CG Power Read More »
