BENGALURU (Reuters) -Indian shares rose to their highest since mid-February on Wednesday, led by gains in automakers and heavyweight financials, as appetite for risky assets improved globally on signs of progress in Ukraine-Russia peace talks. The NSE Nifty 50 index climbed 0.72% to 17,449.75, as of 0423 GMT, while the S&P BSE Sensex rose 0.81% …
Indian shares touch six-week high on Russia-Ukraine optimism Read More »
BENGALURU (Reuters) – Shares of India’s Tata Coffee Ltd surged up to 12% on Wednesday after parent Tata Consumer Products Ltd said it would streamline its coffee business by merging the company with itself. Tata Consumer said the plantation business of Tata Coffee would be demerged into Tata Consumer Products’ beverages and foods unit, which …
India’s Tata Coffee shares soar on merger with Tata Consumer Read More »
By Mayank Bhardwaj NEW DELHI (Reuters) -A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part of efforts to secure supplies and tide over shortages at one of the world’s biggest importers of the staple, Indian government sources said. Egypt, often the world’s biggest wheat importer, …
Egyptian delegation to visit India to discuss wheat imports Read More »
By Nandita Bose WASHINGTON (Reuters) – President Joe Biden’s deputy national security adviser for economics, Daleep Singh, will travel to New Delhi and meet government officials to discuss Russia’s war against Ukraine and develop an economic framework for the Indo-Pacific, the White House said on Tuesday. Russian Foreign Minister Sergei Lavrov is also planning to …
U.S. sends senior national security official to India to discuss Ukraine Read More »
By Aditi Shah NEW DELHI (Reuters) – India is investigating how an e-scooter built by Ola Electric caught fire at the weekend, with the government worried the incident could cause panic and hamper growth of the nascent electric vehicle (EV) sector, a top bureaucrat told Reuters. For Prime Minister Narendra Modi’s government, EVs are crucial …
Softbank-backed Ola Electric faces India probe after e-scooter fire Read More »
By Aftab Ahmed and Krishna N. Das NEW DELHI – Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, finding time to visit to one of the biggest buyers of Russian commodities since the international community began isolating Moscow for its invasion of Ukraine. There is little sign that …
India stands by trade with Russia as Lavrov set to visit Read More »
By Sudarshan Varadhan NEW DELHI (Reuters) – India has committed to jointly invest $6 million with the Australian government to explore lithium and cobalt mines in Australia over the next six months, in a bid to firm up supplies of key minerals needed to further its electric vehicle plans. India’s KABIL, a mining joint venture …
India to invest in exploring lithium, cobalt mines in Australia Read More »
By Nidhi Verma NEW DELHI (Reuters) -India’s ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said. Indian companies are snapping up Russian oil as …
India’s ONGC sells Russia’s Sokol oil to Indian refiners- sources Read More »
(Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) and State Department eased government COVID-19 travel ratings for India and some other countries on Monday. The CDC said had changed its COVID-19 travel recommendation for India to “Level 1: Low” from “Level 3: High,” which urges unvaccinated Americans to avoid travel to those …
WELLINGTON (Reuters) – Holders England won their last group match in style and West Indies benefited from South Africa’s thrilling victory over India on Sunday to make the Women’s World Cup semi-finals. Meg Lanning’s Australia, who finished the group campaign with a perfect 7-0 record, had already secured their place in the last four. South …
Cricket-S Africa break Indian hearts as England, Windies make semis Read More »
