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BENGALURU (Reuters) – India’s Jagran Prakashan posted a 16.6% fall in second-quarter profit, as the publisher of the country’s most read Hindi daily Dainik Jagran was hit by higher input costs. Despite several brands increasing their advertising spend since the economy reopened, the domestic print industry has suffered from increasing prices of newsprint. The company’s …

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By Sumit Khanna SURAT, India (Reuters) – India’s Aam Aadmi Party (AAP), formed only a decade ago and having claimed power in Delhi and Punjab state, is set to be the biggest gainer in assembly elections in Prime Minister Narendra Modi’s home state of Gujarat next month. AAP boss and Delhi Chief Minister Arvind Kejriwal …

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SHANGHAI (Reuters) – China will continue to open up and cooperate with all countries to share opportunities, President Xi Jinping said on Friday at the opening ceremony of the China International Import Expo (CIIE) in Shanghai. Speaking via video, Xi said China would encourage more foreign investment and accelerate construction projects such as the Hainan …

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MUMBAI (Reuters) – India’s foreign exchange reserves rose to $531.08 billion in the week through Oct. 28, marking their biggest weekly gain since September 2021, the Reserve Bank of India’s (RBI) weekly statistical supplement showed on Friday. The country’s reserves were $524.52 billion at the end of the previous week that ended Oct. 21. They …

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By Alistair Smout LONDON (Reuters) – Britain’s trade negotiations with India should prioritise reducing tariffs on manufactured goods to benefit sectors like the automotive industry, the mayor of England’s second biggest metropolitan area told Reuters. Britain and India are seeking to strike a comprehensive free trade agreement (FTA), but missed a late October deadline set …

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BENGALURU (Reuters) -GAIL (India) Ltd, the country’s largest gas distributor, reported a bigger-than-expected 46.3% fall in quarterly profit on Friday, hit by low gas sales due to supply disruptions from a former unit of Russian energy giant Gazprom. The company’ standalone profit tumbled to 15.37 billion Indian rupees ($186.24 million) in the July-September quarter, from …

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