Reuters India Top

NEW DELHI (Reuters) – India expects its mobile phones exports to rise to 700 billion rupees ($8.50 billion) to 750 billion rupees ($9.11 billion) this fiscal year, a government minister said on Thursday. The exports will be of “classic and leading brands”, including products of companies like Apple Inc made in India, said Rajeev Chandrasekhar, …

India sees mobile phone exports of up to $9 billion this fiscal year – minister Read More »

By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee firmed against the dollar on Thursday, a day after the Reserve Bank of India hiked interest rates, amid a fall in U.S. yields and subdued oil prices. The rupee was at 82.31 per dollar by 10:35 a.m. IST, against its previous close of 82.47. It snapped …

Rupee inches up as U.S. yields drop, weak Asian cues cap gains Read More »

By Nikunj Ohri and Sarita Chaganti Singh (Reuters) – India aims to appoint a private sector professional as the first chief executive of the Life Insurance Corporation of India in an effort to modernise its largest insurer after a disappointing stock market debut, two government officials said. A private sector appointee to lead India’s largest …

India seeks private sector chief to lead state insurer – sources Read More »

NEW DELHI (Reuters) – India saw a big jump in extreme weather events such as heatwaves and lightning strikes this year and related deaths rose to their highest in three years, government data showed on Wednesday, with scientists blaming climate change for the heavy toll. There were nearly eight times as many heatwaves, 27 in …

Lightning kills 907 in India as extreme weather surges in 2022 Read More »

(Reuters) – India captain Rohit Sharma has been ruled out of the third one-day international against Bangladesh on Saturday after a blow to his left thumb while fielding. Bangladesh beat India by five runs in their second one-day international in Mirpur, sealing a 2-0 series victory with one game left to play. Sharma (51 not …

Cricket-Sharma ruled out of third ODI against Bangladesh Read More »

NEW DELHI (Reuters) – India, a leading importer of fertilisers, is seeking investment from global companies as the nation works to build storage for the crop nutrients, fertiliser minister Mansukh Mandaviya said on Wednesday. India, which imports up to 40% of the 50 million tonnes of fertiliser it needs annually, has been hit hard by …

India urges global companies to help build fertiliser storage Read More »

By Jose Devasia and Munsif Vengattil KOCHI, India (Reuters) – Construction on a $900-million port in southern India is set to resume on Thursday after mainly Christian villagers blocking the entrance to the site of the Adani Group project agreed to suspend their four-month-old protest, its leaders said. Fisherfolk camped in a makeshift shelter at …

Work on India’s Adani port to resume after fishermen suspend protests Read More »