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Cricket-New Zealand’s Williamson ruled out of IPL after knee injury

(Reuters) – New Zealand’s white-ball skipper Kane Williamson has been ruled out of this season’s Indian Premier League (IPL) after sustaining an injury in Gujarat Titans’ opening match against Chennai Super Kings, the team announced on Sunday. Williamson injured his right knee in Friday’s match while fielding near the boundary when he leapt to stop …

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Cricket-IPL’s ‘Impact Player’ rule makes captain’s job tough – Pandya

(Reuters) – Gujarat Titans captain Hardik Pandya said the Indian Premier League’s new “Impact Player” rule makes his job difficult because there are several options to choose from. For the first time in IPL’s history, teams this season will be allowed to make a tactical substitution with an Impact Player coming in to bat or …

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Police arrest 36 after clashes at religious procession in eastern India

KOLKATA (Reuters) – At least 36 people have been arrested in the eastern Indian state of West Bengal after violent clashes disrupted a religious procession, a senior state police official said on Friday. A few vehicles were set ablaze and some shops were ransacked on Thursday as warring groups threw stones at each other in …

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India slashes current account deficit in Dec-qtr as trade gap narrows

By Swati Bhat MUMBAI (Reuters) – India’s current account deficit shrank more than expected in the October-December quarter on the back of a narrower goods trade deficit alongside robust services exports and remittances, data from the Reserve Bank of India (RBI) showed on Friday. In absolute terms, the current account deficit was $18.2 billion in …

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India’s April-Feb fiscal deficit touches 83% of annual target- govt

New Delhi (Reuters) -India’s fiscal deficit for the 11 months through February touched 14.54 trillion rupees ($177.02 billion), nearly 83% of annual estimates, government data showed on Friday. Net tax receipts through February were 17.32 trillion rupees or 83% of the annual estimate and 17% higher than last year, per the data. Total expenditure during …

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Indian govt raises rates on most small savings schemes for April-June qtr

NEW DELHI (Reuters) – The Indian government has increased interest rates on most small savings schemes for the April-June quarter, it said on Friday. The interest rate on the national savings certificate has been hiked by 70 basis points (bps), the highest for any instrument in this revision. The interest rate on one-year deposits and …

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Softbank-backed Oyo confidentially ‘pre-files’ for Indian IPO – source

By Manas Mishra (Reuters) -Softbank-backed Indian hotel aggregator Oyo has submitted a confidential “pre-filing” document for a likely slimmed-down initial public offering, a source told Reuters on Friday. The company initially filed to go public in 2021, aiming for an IPO size of 84.3 billion Indian rupees ($1.02 billion), but delayed the share sale at …

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