By Sethuraman N R BENGALURU (Reuters) – Indian shares began the truncated week on a tepid note, weighed by technology shares, with investors focusing on earnings from Tata Consultancy Services later in the day that will kick off the March-quarter corporate results season. The NSE Nifty 50 index was down 0.39% at 17,715, as of …
Indian shares slip as tech shares drag; TCS results in focus Read More »
By Arsh Tushar Mogre and Vivek Mishra BENGALURU (Reuters) – India’s retail inflation likely sped up to a 16-month high of 6.35% in March, well above the Reserve Bank of India’s upper tolerance band for a third straight month, in part due to a sustained rise in food prices, a Reuters poll found. The full …
Food prices likely pushed India inflation to 16-mth high in March: Reuters poll Read More »
By Nandita Bose WASHINGTON (Reuters) -President Joe Biden will meet virtually with Indian Prime Minister Narendra Modi on Monday, the White House said, at a time when the United States has made clear it does not want to see an uptick in Russian energy imports by India. “President Biden will continue our close consultations on …
Biden will speak to Modi as U.S. warns India on imports of Russian energy Read More »
MUMBAI (Reuters) – Reigning Indian Premier League champions Chennai Super Kings and the Mumbai Indians, the tournament’s most successful team, struggled to get their 2022 campaigns going as both teams fell to their fourth defeat in as many matches on Saturday. Chennai named India all-rounder Ravindra Jadeja as their captain two days before the start …
Cricket-Holders Chennai, five-time champions Mumbai still winless in IPL Read More »
By Rajendra Jadhav MUMBAI (Reuters) -Serum Institute of India (SII) and Bharat Biotech have cut the prices of their COVID-19 vaccines as the country plans to offer booster doses to all adults from Sunday. The cost of SII’s Covishield will drop to 225 rupees ($2.96) a dose from 600 rupees for private hospitals, chief executive …
India’s COVID-19 vaccine prices cut as booster program is extended Read More »
LONDON (Reuters) – Britain’s opposition Labour Party called on finance minister Rishi Sunak on Saturday to respond to claims in a newspaper report that he was listed as a beneficiary of offshore trusts linked to his wife’s family business interests. The Independent said trusts in the British Virgin Islands and the Cayman Islands were created …
UK Labour Party calls on Sunak to explain offshore trusts claim Read More »
MUMBAI (Reuters) – Former India coach Ravi Shastri said a life ban would be appropriate for behaviour like that of a Mumbai Indians player who allegedly dangled teammate Yuzvendra Chahal from a 15th floor hotel balcony during the 2013 Indian Premier League. India leg-spinner Chahal, who now plays for Rajasthan Royals in the world’s richest …
Cricket-Shastri urges life ban if repeat of 2013 incident with Chahal Read More »
By Nidhi Verma NEW DELHI (Reuters) -India is focused on stabilising its economic ties with Russia and is working to devise a payment mechanism to settle trade amid Western sanctions against Moscow for its invasion of Ukraine, the foreign ministry said on Thursday. India has called for an end to violence in Ukraine but refrained …
India says focus is on stabilising economic ties with Russia Read More »
By David Milliken and Michael Holden (Reuters) – Akshata Murthy, the wife of British finance minister Rishi Sunak, said on Friday that she would stop avoiding British tax on her foreign income — bowing to pressure which her husband had earlier dismissed as a political smear. The public anger over Murthy’s tax status has been …
Wife of UK finance minister agrees to stop avoiding UK tax Read More »
(Reuters) – British finance minister Rishi Sunak is facing criticism over his Indian wife Akshata Murthy’s “non-domiciled” tax status which means she does not pay tax in Britain on her earnings abroad. “Non-dom” status is controversial in Britain as it is an option for very few taxpayers and is overwhelmingly used by the top 1% …
Factbox-What is Britain’s ‘non-dom’ tax status and who can claim it? Read More »
