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Indian whisky maker Allied Blenders up 13% in debut trade

By Kashish Tandon BENGALURU (Reuters) -Shares of Allied Blenders and Distillers rose nearly 13% in debut trade on Tuesday, in line with analysts’ expectations for the Indian whisky manufacturer, which makes the ‘Officer’s Choice’ and ‘Sterling Reserve’ brands of whiskies. The stock listed at 320 rupees on the National Stock Exchange, a 14% premium to …

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India panel urges drug regulator to approve Lilly’s obesity drug Mounjaro

By Rishika Sadam HYDERABAD (Reuters) – An Indian government-approved expert panel has advised the country’s drug regulator to approve the import and sale of U.S. drugmaker Eli Lilly’s Mounjaro, a blockbuster diabetes drug and a wildly popular obesity treatment, a document on a government website showed on Monday. Lilly’s Mounjaro, chemically known as tirzepatide, and …

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India expects above-average July rainfall after weak June

By Rajendra Jadhav MUMBAI (Reuters) -India is likely to receive above-average rainfall in July after receiving 11% below average in June, the weather department said on Monday, keeping alive the possibility of higher farm output and economic growth in Asia’s third-biggest economy. All regions except northeastern states are likely to receive rainfall equating to more …

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SERA names India as partner country for Blue Origin space flight

BENGALURU (Reuters) – The U.S.-based Space Exploration and Research Agency (SERA) on Monday announced India as a partner country in its human spaceflight programme, which will see six citizen astronauts from across the world launched into space. The programme, being executed in collaboration with Blue Origin, is meant for people from countries who have sent …

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India records 11% below normal rainfall in June, weather department says

MUMBAI (Reuters) – India received 11% less rainfall than normal in June as all regions except the south received below-average rains after the monsoon lost momentum in mid-June, weather department data showed on Monday. The central, north-western and north-eastern regions received 14%, 33%, and 13% below average rainfall, respectively, in June, data compiled by the …

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Cricket-India’s Jadeja quits T20 internationals after World Cup win

(Reuters) – India all-rounder Ravindra Jadeja announced his retirement from T20 international cricket on Sunday, a day after lifting the 20-over World Cup in Barbados. Jadeja, 35, is the third senior player to retire from the team after India beat South Africa in a thrilling final, with captain Rohit Sharma and Virat Kohli quitting shortly …

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Cricket-T20 triumph may herald India’s dominance, say former players

By Amlan Chakraborty NEW DELHI (Reuters) – The era of India’s dominance in cricket may have kicked in with their spectacular triumph in the T20 World Cup on Saturday, according to several former players. India prevailed in an edge-of-the-seat thriller against South Africa in Bridgetown to claim their second 20-overs global trophy 17 years after …

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Badminton-India’s Sindhu ready for long grind in search of third Olympic medal

By Amlan Chakraborty NEW DELHI (Reuters) – P.V. Sindhu recognises how badminton has changed since she won the women’s singles silver at the Rio Games eight years ago and says she needs to be smarter to win a third Olympic medal in Paris. The 28-year-old, who in 2019 became India’s first world champion in badminton, …

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Cricket-Rohit and Kohli bow out of T20 internationals after World Cup win

BRIDGETOWN, Barbados (Reuters) -India captain Rohit Sharma joined opening partner Virat Kohli in quitting T20 Internationals on Saturday shortly after the team’s victory in the World Cup final against South Africa in Bridgetown. Kohli, 35, produced a match-winning knock of 76 in his final international game in this format to set up India’s seven-run win …

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