By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares swung between gains and losses on Tuesday, as gains in auto and media stocks were mostly offset by a slide in metals, ahead of the domestic GDP data for the December quarter. The Nifty 50 index fell 0.13% to 17,370.40, while the S&P BSE Sensex edged 0.10% lower …
Indian shares struggle for direction ahead of GDP data Read More »
NEW DELHI (Reuters) -Members of a leading political party held protests across India on Monday, after one of their main leaders, a top minister in Delhi’s city government, was arrested by a federal agency over allegations of corruption. Several hundred party workers gathered amid a heavy police presence in Delhi around the party’s headquarters, with …
Protests erupt in India after minister’s arrest in liquor probe Read More »
MUMBAI (Reuters) – Indian banks’ credit growth doubled to 16.8% in the October-December quarter from a year earlier, data released by the Reserve Bank of India (RBI) on Monday showed. Bank credit had expanded by 8.4% in the quarter ended December 2021 and 17.2% in the quarter ended September 2022, as per the data. The …
Indian banks’ credit growth accelerates 16.8% in December quarter – RBI Read More »
By Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – Foreign ministers from around the world meet in New Delhi this week in the shadow of Russia’s war in Ukraine and spiralling U.S.-China tensions, with host India hoping that issues like climate change and Third World debt are not overlooked. The March 1-2 meeting of …
Ukraine war, US-China tensions to dominate G20 foreign ministers meet Read More »
By Bharath Rajeswaran and Nishit Navin BENGALURU (Reuters) -Indian shares fell on Monday, led by declines in IT and metal stocks, as robust U.S. economic data reinforced fears of aggressive rate hikes. The Nifty 50 index settled 0.42% lower at 17,392.70, while the S&P BSE Sensex fell 0.30% to 59,288.35. The 50-share NSE index fell …
Rate fears weigh on Indian shares; IT, metals lead losses Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee declined against the dollar on Monday, as Asian currencies fell on the prospect of the U.S. Federal Reserve hiking interest rates further and for longer. The rupee finished at 82.8350 per dollar, against its previous close of 82.75. The currency weakened up to 82.9475 during the …
Rupee down on Fed policy bets, falls less than peers on likely RBI help Read More »
By Rajendra Jadhav KATHAWALA, India (Reuters) – India’s rapeseed production could remain steady in 2023 despite a record planting as yields were curtailed by frost and a heat-wave in key producing areas, farmers and industry officials told Reuters. Lower-than expected rapeseed production could force India, the world’s biggest importer of vegetable oils, to increase expensive …
Frost, heat-wave hit India’s rapeseed crop, dent yields Read More »
(Reuters) – Australia’s Peter Handscomb believes the absence of captain Pat Cummins and batter David Warner will make life tougher when they face India in the third test starting in Indore on Wednesday but the return of Cameron Green and Mitchell Starc was “exciting”. Cummins returned home to be with his ailing mother in Sydney …
Cricket-Handscomb says Australia can deal with absence of Cummins, Warner Read More »
BENGALURU (Reuters) – G20 chair India on Saturday said most members of the bloc “strongly condemned” the war in Ukraine and reiterated their positions demanding Russia’s withdrawal from Ukraine. In a statement at the end of financial leaders’ meet near Bengaluru, India said the statement condemning Russia’s war was endorsed by all members except Russia …
G20 chair India says most members condemn Ukraine war Read More »
BENGALURU (Reuters) – Uber Technologies Inc said on Friday plans by the local government in India’s Delhi city to only allow electric vehicles to function as bike taxis would risk “finishing off the sector” and impact the mobility needs of millions. Delhi’s plans, part of a new policy to regulate vehicles used by ride-hailing companies …
Uber says Delhi’s plans to allow only electric bike taxis to impact millions Read More »
