By Simon Lewis TASHKENT (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday that he has no plans to meet either the foreign ministers of Russia or of China during the Group of 20 (G20) meeting in New Delhi. Blinken was on a brief tour of Kazakhstan and Uzbekistan and will head to …
Blinken has ‘no plans’ to meet Russian, Chinese counterparts at Delhi G20 meetings Read More »
By Siddhi Nayak and Chris Thomas MUMBAI (Reuters) -Indian private lender Axis Bank Ltd said on Wednesday it completed a deal to buy Citigroup Inc’s local consumer and non-banking finance businesses, marking the U.S. lender’s exit from its credit card and retail businesses in the country. The deal was closed at a slightly lower sum …
Axis Bank closes Citi India deal at lowered price of $1.41 billion Read More »
By Bharath Rajeswaran and Nishit Navin BENGALURU (Reuters) -Indian shares snapped an eight-day losing streak on Wednesday, boosted by metal stocks on strong manufacturing activity data from top consumer China. The Nifty 50 index rose 0.85% to 17,450.90, while the S&P BSE Sensex closed 0.76% higher to 59,411.08. All the 13 major sectoral indexes advanced, …
Indian shares snap eight-day losing run as China data boosts metals Read More »
INDORE, India (Reuters) -Australia bundled out India for 109 and batted resolutely to reach 156 for four in reply, giving the home side a taste of their own medicine on a raging turner in Indore on Wednesday. On a track where the ball spun viciously from the first session, Matt Kuhnemann (5-16) and Nathan Lyon …
Cricket-Kuhnemann, Khawaja put Australia on top after spin mayhem Read More »
NEW DELHI (Reuters) – British Foreign Minister James Cleverly raised the issue of BBC tax searches with India’s foreign minister during a bilateral meeting on Wednesday, the minister told in an interview. Last month, India’s tax authorities conducted searches at the BBC offices in New Delhi and Mumbai. The searches came after the Indian government …
UK foreign minister raises issue of BBC tax searches with Indian counterpart Read More »
(Reuters) -Japan’s Foreign Minister Yoshimasa Hayashi will skip a meeting of G20 foreign ministers due to take place in New Delhi, India, this week, a Japanese government official said. State Minister for Foreign Affairs Kenji Yamada will represent Japan at the meetings scheduled for Wednesday and Thursday, the foreign ministry said in a statement. Hayashi …
Japan foreign minister to skip G20 meeting in India -official Read More »
By Manoj Kumar and Aftab Ahmed (Reuters) – India’s economic growth slowed further in the December quarter as pent up demand eased and weakness in the manufacturing sector continued. Asia’s third largest economy recorded year-on-year growth of 4.4% in October-December, down from 6.3% in July-September, data released by the government on Tuesday showed. The sharp …
India’s growth slowed in December quarter on weakness in manufacturing Read More »
By Rajendra Jadhav MUMBAI/NEW DELHI (Reuters) -India is likely to experience heat waves between March and May, especially in the key wheat producing central and northern states, the weather office said on Tuesday, as the country recorded its highest ever maximum temperature in February. A heat-wave for the second straight year could dent production of …
India to get heat waves this year after hottest February on record Read More »
(Reuters) – India’s economic growth slowed further in the December quarter as pent up demand eased and weakness in the manufacturing sector continued. Asia’s third largest economy recorded year-on-year growth of 4.4% in October-December, down from 6.3% in July-September, data released by the government on Tuesday showed. The growth rate for the third quarter of …
India’s Oct-Dec GDP growth slows to 4.4% on weakness in manufacturing Read More »
By Xie Yu HONG KONG (Reuters) -India’s Adani Group plans to prepay or repay share-backed loans worth $690 million to $790 million by March-end, two people with knowledge of the matter told Reuters, as the conglomerate seeks to burnish its credit profile after a short-seller attack. The plan comes even as the group holds a …
India’s Adani to repay up to $790 million share-backed loans by March -sources Read More »
