MUMBAI (Reuters) – The rising capital expenditure (capex) trend of Indian corporates is likely to continue and grow at 10%-12% a year during the next fiscal year to March 2024, Fitch Ratings said in a release on Tuesday. Fitch said capex was flat over FY19 to FY21 and grew 16% in FY22. The forecasts are …
Indian corporates likely to see 10%-12% capex growth in FY24: Fitch Read More »
NEW DELHI (Reuters) – Lawmakers belonging to India’s main opposition Congress party wore black outfits, held placards that said “Save Democracy” and threw paper in parliament on Monday in protest against the disqualification of their leader Rahul Gandhi from the chambers. Gandhi, 52, lost his parliament seat on Friday, a day after a court in …
India’s Congress lawmakers wear black to protest Rahul Gandhi’s dismissal Read More »
By Dharamraj Dhutia and Bhakti Tambe MUMBAI (Reuters) – India’s decision to take away long term tax benefits for debt mutual funds is likely to weaken demand for longer duration corporate bonds, eventually leading to higher costs of raising funds, mutual fund investors said on Monday. The country amended a bill last week to tax …
Debt fund taxation changes to impact corporate bond demand – fund managers Read More »
(Reuters) – The International Cricket Council (ICC) said on Monday the rating of the pitch used for the third test between India and Australia in Indore has been changed to “below average” from “poor” following an appeal by the Indian board. Australia won the low-scoring encounter by nine wickets inside three days, with match referee …
Cricket-Indore pitch rating changed to ‘below average’ from ‘poor’ Read More »
MUMBAI (Reuters) – Mumbai Indians were crowned champions at the inaugural Women’s Premier League (WPL) after Nat Sciver-Brunt’s unbeaten 60 secured their seven-wicket victory against Delhi Capitals in the final at the Wankhede Stadium on Sunday. Delhi captain Meg Lanning elected to bat after winning the toss and the Australia skipper top-scored for her side …
Cricket-Mumbai Indians win inaugural WPL title after Sciver-Brunt fifty Read More »
NEW DELHI (Reuters) – The U.S. nominee to lead the World Bank, Ajay Banga, has tested positive for COVID-19 during a visit to New Delhi and cancelled meetings with officials in India, his final stop on a global tour to drive support for his candidacy. The Indian-born former Mastercard CEO was due to meet Prime …
US pick for World Bank, Banga, cancels India meetings after COVID infection Read More »
By YP Rajesh and Krishn Kaushik NEW DELHI (Reuters) -Indian opposition leader Rahul Gandhi has never been a minister in a federal or state government, has not led his Congress party to a general election victory, and quit as party chief after it was demolished in the last parliamentary polls in 2019. Yet he remains …
Who is Rahul Gandhi, the convicted ‘prince’ of Indian politics? Read More »
NEW DELHI (Reuters) -Indian police have opened an investigation into a protest this week at its High Commission in London, Reuters partner ANI reported on Friday, pursuing action on an incident that has sparked tension in relations with Britain. Protesters with “Khalistan” banners took an Indian flag down from a first-floor balcony of the High …
Indian police open investigation into London embassy protest – media Read More »
NEW DELHI (Reuters) – Indian Congress party lawmaker Rahul Gandhi, who was disqualified from parliament on Friday, joins a long list of opposition leaders who have called investigations against them political vendettas. Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has denied allegations of political interference in the investigations and says the law is the …
Factbox-Legal troubles facing Indian opposition politicians Read More »
NEW DELHI (Reuters) -India’s parliament disqualified opposition Congress party leader Rahul Gandhi as a lawmaker on Friday, a day after he was found guilty of defamation by a lower court. Following are some reactions from lawmakers and politicians: KANIMOZHI (eds: one name), MEMBER OF PARLIAMENT, DRAVIDA MUNNETRA KAZHAGAM PARTY “Disqualification of Mr. @RahulGandhi from the …
India’s Rahul Gandhi disqualified as lawmaker after conviction Read More »
