Reuters India Top

By Nupur Anand and Aftab Ahmed (Reuters) – Life Insurance Corporation of India fell nearly 8% on their market debut on Tuesday despite the country’s largest ever IPO being oversubscribed at the top of the price range. The government raised around $2.7 billion from selling a 3.5% stake in state-owned LIC which commands a majority …

Factbox-Four key facts about India’s record LIC IPO as shares tumble on debut Read More »

CAPE TOWN (Reuters) – South Africa have recalled fast bowler Anrich Nortje and all-rounder Wayne Parnell, and handed a first Twenty20 International call-up to batsman Tristan Stubbs, for the five-match tour of India starting on June 9. Nortje, 28, returns to the squad after a hip injury forced him out of the home series against …

Cricket-Nortje, Parnell return for South Africa’s T20 tour of India Read More »

WASHINGTON (Reuters) – U.S. Agriculture Secretary Tom Vilsack said on Monday he has “deep concern” about India’s wheat export ban, which spurred a rally in already elevated wheat prices. “What we need is transparency in the market, what we need is a market that is helping to get goods to those who are in need,” …

U.S. agriculture secretary has ‘deep concern’ about India’s wheat export ban Read More »

By Saurabh Sharma LUCKNOW,India (Reuters) -A court on Monday banned large Muslim prayer gatherings in one of north India’s highest-profile mosques, after a survey team found relics of the Hindu god Shiva and other Hindu symbols there, a lawyer involved in the case said. The judge at the court in Varanasi – Hinduism’s holiest city …

Indian court limits Muslim gatherings at mosque after Hindu idols found -lawyer Read More »

By Rajendra Jadhav MUMBAI (Reuters) – India’s wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market, four dealers told Reuters. New Delhi banned wheat exports on Saturday, just days after saying it was targeting record shipments …

Exclusive-India’s surprise wheat export ban traps 1.8 million T at ports-trade Read More »

By Devayani Sathyan and Prerana Bhat BENGALURU (Reuters) – The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to a majority of analysts polled by Reuters who were exceptionally split on the size of the move. India’s retail inflation accelerated to an eight-year …

RBI to raise rates again in June but not clear by how much: Reuters poll Read More »

BANGKOK (Reuters) -India’s men’s badminton team pulled off a major upset by crushing 14-times champions Indonesia 3-0 in the final on Sunday to win their maiden Thomas Cup title. Lakshya Sen set the tone for the first-time finalists when he stunned Olympic bronze medallist Anthony Sinisuka Ginting in the first singles at the Impact Arena. …

Badminton-India stun Indonesia to win maiden Thomas Cup title Read More »

MUMBAI (Reuters) – Sunrisers Hyderabad coach Tom Moody has defended playing captain Kane Williamson as an opener despite the batsman’s ongoing run drought in the Indian Premier League (IPL). Williamson’s tally of 208 runs from 12 matches has come at a strike rate of 92.85, the worst among batsmen with a minimum of 100 runs …

Cricket – Moody defends playing out-of-form Williamson as opener Read More »