(Reuters) – India skipper Shikhar Dhawan views the one-day series against New Zealand as part of their preparation for the home World Cup next year but rival captain Kane Williamson preferred to stay in the present on Thursday. India were eliminated in the semi-finals of the 20-overs World Cup in Australia earlier this month but …
Cricket-India begin World Cup preparation, but Williamson stays in present Read More »
By Rajendra Jadhav MUMBAI (Reuters) -Indian traders are struggling to export cotton despite higher production as farmers are delaying sale of their harvest hoping for higher prices in coming months, industry officials told Reuters. The limited supplies are keeping local prices significantly above the global benchmark, making overseas sales unviable from the world’s biggest producer …
India’s cotton exports stall as farmers delay sales hoping for higher prices Read More »
By Maytaal Angel LONDON (Reuters) – India is likely to allow a further 2-4 million tonnes of sugar exports in the 2022/23 season – a move which would leave total exports at 8-10 million tonnes and below last year’s level, the Indian Sugar Mills Association (ISMA) said. India, the world’s biggest sugar producer and the …
India to allow a further 2-4 million tonnes of sugar exports this season – ISMA Read More »
BENGALURU (Reuters) -Indian billionaire Gautam Adani is considering raising roughly $5 billion and has approached sovereign wealth funds after lenders asked his conglomerate to reduce leverage, Bloomberg News reported on Wednesday, citing people familiar with the matter. The network of companies owned by Asia’s richest person has reached out to top officials at firms including …
Adani mulls $5 billion fundraise after banks push for deleverage – Bloomberg News Read More »
BENGALURU (Reuters) – Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage, the two companies said on Tuesday. Bira competes with brands such as Carlsberg and Heineken-owned …
India’s Bira 91 raises $70 million in Kirin-led funding round Read More »
(Reuters) – A depleted India won the Twenty20 series against New Zealand 1-0 after the rain-hit third match between the sides ended in a tie in Napier on Tuesday. Chasing 161 for victory, India were 75-4 after nine overs when rain forced the players off the ground at McLean Park. Even after the rain relented, …
Cricket-India win T20 series v New Zealand after tie in Napier Read More »
SYDNEY (Reuters) – Australia’s parliament on Tuesday ratified free trade deals with the United Kingdom and India, the latest development in a long-running attempt by Canberra to boost bilateral trade with the two countries. The deal with New Delhi, signed in a virtual ceremony in April, removes tariffs on more than 85% of Australian goods …
Australian parliament ratifies trade deals with UK and India Read More »
By Mayank Bhardwaj and Nivedita Bhattacharjee NEW DELHI/BENGALURU (Reuters) -India launched a crackdown on Monday against fake consumer reviews and unverified ratings in a bid to make the online world and e-commerce more authentic and less misleading for users. The government has drafted guidelines for companies from Alphabet Inc’s Google, Meta Platform’s Facebook and Instagram, …
India proposes guidelines to combat fake online reviews and ratings Read More »
By Rajendra Jadhav MUMBAI (Reuters) – Russia for the first time became the biggest fertilizer supplier to India in the first half of the 2022/23 fiscal year by offering discounts over prevailing global prices, cornering more than a fifth of the market share, government and industry sources said. India’s fertilizer imports from Russia surged 371% …
Discounts lift Russia’s fertilizer exports, becomes top supplier to India-sources Read More »
BENGALURU (Reuters) – India’s central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in rupees with Russia, local newspaper Business Standard reported on Monday, citing banking industry sources. Vostro accounts are held by a bank on behalf of another, often foreign bank, and this forms …
India’s HDFC Bank, Canara Bank get approval for rupee trade with Russia – report Read More »
