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(Reuters) – India’s market regulator on Thursday barred the former chief executive of Care Ratings Ltd from the securities market for two years for violation of rules. The Securities and Exchange Board of India (SEBI), in its order, said that Rajesh Mokashi, the former managing director and chief executive of Care, interfered in the rating …

India market regulator bans ex-CEO of Care Ratings for violating securities law Read More »

By Estelle Shirbon and Alexander Winning (Reuters) -Vaccine manufacturer Serum Institute of India is holding talks on fill-finishing Oxford University’s R21 malaria vaccine in Ghana, which approved the shot this month, a Ghanaian vaccine expert said on Thursday. Fill-finishing is one of the final stages of drug manufacturing and packaging. The vaccine’s approval by Ghana …

India’s Serum in talks on fill-finishing malaria vaccine in Ghana, official says Read More »

By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be warranted to align inflation towards the central bank’s medium term target of 4%, minutes of this month’s Monetary Policy Committee (MPC) meeting showed on Thursday. The MPC, comprising three members from the central bank and …

India monetary tightening cycle not over, inflation remains a concern -MPC minutes Read More »

By Sumit Khanna AHMEDABAD, India (Reuters) -A court in India’s western state of Gujarat on Thursday rejected Congress leader Rahul Gandhi’s petition seeking a stay of conviction in a defamation case, fuelling uncertainty over whether he will be able to contest an election due next year. Gandhi was convicted last month in a case brought …

Indian court denies Rahul Gandhi’s appeal to stay defamation conviction Read More »

By Fayaz Bukhari SRINAGAR (Reuters) – The valley is covered in darkness as Abdul Kareem Jinded, 71, prepares his drum to break the silence of his neighbourhood in Srinagar, the largest city in Indian Kashmir. A wood-cutter by day, he wakes up at midnight during the Muslim holy month of Ramadan to walk 3-4 miles …

Kashmir’s traditional Ramadan drummers wake neighbours up for pre-dawn meals Read More »

By Dharamraj Dhutia MUMBAI (Reuters) – India’s state-run banks are likely to wait for government bond prices to drop before rebuilding positions, traders said. Banks have been offloading notes over the past month to book profits following a price rally led by hopes of a policy pivot by the local and U.S. central banks.  “Public …

Indian state banks to await yields uptick before buying more govt bonds – traders Read More »

MUMBAI (Reuters) – India’s cotton production in 2022/23 is set to fall to the lowest level in 14 years and below domestic consumption for the second straight year as yields dropped in producing states, a leading trade body said on Wednesday. Lower production will reduce exports from the world’s biggest producer in the current marketing …

India’s cotton output could fall to 14-year low-trade body Read More »

(Reuters) – Mumbai Indians captain Rohit Sharma heaped praise on Arjun Tendulkar, son of batting great Sachin, after the bowler picked up his first wicket in the Indian Premier League during their victory over Sunrisers Hyderabad. The 23-year-old dismissed Bhuvneshwar Kumar for two runs in the final over of Tuesday’s match, which Mumbai won by …

Cricket-Rohit praises batting great Tendulkar’s son after first IPL wicket Read More »

NEW DELHI (Reuters) – India is planning to appeal against a ruling from a panel at the World Trade Organization (WTO) that the Asian country violated global trading rules by imposing tariffs on some IT products, a government source said. On Monday, the WTO panel gave its ruling related to a 2019 dispute with the …

India plans to appeal against WTO panel ruling on IT tariffs Read More »