Reuters India Top

Day after meeting, Blinken and Lavrov exchange diplomatic swipes

By Krishn Kaushik and Simon Lewis NEW DELHI (Reuters) – Russian Foreign Minister Sergei Lavrov accused the United States of hypocrisy after U.S. Secretary of State Antony Blinken said Russia cannot be allowed to wage war in Ukraine with impunity, during a security forum they attended in New Delhi on Friday. The top diplomats from …

Day after meeting, Blinken and Lavrov exchange diplomatic swipes Read More »

India top court extends stay on order quashing write-off of Yes Bank’s AT1 bonds

By Arpan Chaturvedi NEW DELHI (Reuters) – India’s Supreme Court on Friday extended a stay on an order by a lower court quashing the write-off of additional Tier-1 (AT1) bonds issued by Yes Bank. The top court was hearing the appeal by Yes Bank against a Bombay High Court ruling that had set aside an …

India top court extends stay on order quashing write-off of Yes Bank’s AT1 bonds Read More »

Equity inflows, dollar retreat help rupee log best week since mid-Jan

By Nimesh Vora MUMBAI (Reuters) – The Indian rupee rose on Friday, logging its best weekly performance in seven weeks on the back of the dollar’s pullback and equity inflows. The rupee rose 0.77% on the day to close at 81.9650 per dollar, aided by possible dollar inflows-related investment into shares of Adani Group companies. …

Equity inflows, dollar retreat help rupee log best week since mid-Jan Read More »

Indian shares log weekly gains after Adani investment boost

By Bharath Rajeswaran BENGALURU (Reuters) – Indian shares logged weekly gains on Friday after U.S. boutique investment firm GQG Partners’ $1.87 billion investment in Adani stocks spurred a broad-based rally and helped markets look past rate-hike worries for the moment. The Nifty 50 index rose 1.57% to 17,594.35, while the S&P BSE Sensex closed 1.53% …

Indian shares log weekly gains after Adani investment boost Read More »

India’s Feb services activity grew at its fastest pace in 12 years

By Indradip Ghosh BENGALURU (Reuters) – Activity in India’s dominant services sector expanded at the fastest pace in 12 years in February on strong demand as price pressures eased further, a private business survey showed on Friday. The robust report could fuel hopes for Asia’s third-largest economy, whose growth slowed to an annual 4.4% in …

India’s Feb services activity grew at its fastest pace in 12 years Read More »

Adani Group firms jump after GQG Partners’ $1.88 billion investment

BENGALURU (Reuters) – Shares of four Adani group companies rose between 5% and 10% on Friday, a day after U.S. boutique investment firm GQG Partners Inc picked up shares worth 154.46 billion rupees ($1.88 billion) in the conglomerate. Florida-based firm’s investment in Adani Group is the first such deal since a U.S. short-seller’s critical report …

Adani Group firms jump after GQG Partners’ $1.88 billion investment Read More »

Close Bitnami banner
Bitnami