MELBOURNE (Reuters) -Inaugural champions India put a foot in the semi-finals of the T20 World Cup following their nervy five-run victory against Bangladesh in a rain-hit Group 2 humdinger in Adelaide on Wednesday. Virat Kohli made an unbeaten 64 to maintain his red-hot form and KL Rahul (50) ended his run drought as they fired …
Cricket-India inch closer to semis after nervy win v Bangladesh Read More »
BENGALURU (Reuters) – Indian stainless-steel maker Jindal Stainless reported a second-quarter profit that more than halved, hit by import dumping from China and a tax on exports. The New Delhi-based company’s consolidated profit came in at 1.59 billion Indian rupees ($19.22 million) for the three months ended Sept. 30, against 4.07 billion rupees, a year …
India’s Jindal Stainless Q2 profit more than halves Read More »
BENGALURU (Reuters) – India’s JK Paper Ltd on Wednesday reported a second-quarter profit that nearly tripled, helped by strong demand for its packaging boards and copier papers. Indian offices have in recent months brought back work-from-office policies or hybrid arrangements and schools have also reopened, pushing up demand for paper products, along with a rise in packaging …
India’s JK Paper Q2 profit jumps aided by strong demand Read More »
By Nidhi Verma NEW DELHI (Reuters) -Indian government has fixed a price of up to 65.61 rupees for purchase of ethanol from sugar mills as the nation wants to boost blending with gasoline, oil minister Hardeep Singh Puri said on Wednesday. India, the world’s third biggest oil importer and consumer, has expedited efforts to double …
India raises ethanol purchase prices for state-run fuel retailers Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee weakened slightly against the U.S. currency on Wednesday on dollar demand from importers, though volumes were thin ahead of a key Federal Reserve monetary policy review. The rupee last traded at 82.7900 per dollar, compared with 82.6950 in the previous session. The local unit traded in …
Rupee dips on importer dollar demand ahead of Fed outcome Read More »
By Dharamraj Dhutia MUMBAI (Reuters) – Indian government bond yields ended slightly higher in thin trading volumes on Wednesday, amid caution ahead of the U.S. Federal Reserve’s much-awaited monetary policy decision later in the day, with the focus on commentary for coming months. The benchmark 10-year bond yield ended at 7.4044%. The yield had ended …
Bond yields tad higher amid caution before Fed decision Read More »
BENGALURU (Reuters) – Mahindra Holidays and Resorts India Ltd reported a 30.7% drop in profit for the second-quarter on Wednesday, hit by higher expenses and a fall in revenue at its European operations. Consolidated profit after tax for the quarter ended Sept. 30 fell to 408.6 million Indian rupees ($4.94 million) from 589.7 million rupees …
India’s Mahindra Holidays Q2 profit falls 31% as costs rise Read More »
By Dharamraj Dhutia MUMBAI (Reuters) – India’s 91-day and 182-day treasury bill yields remain at near multi-year highs on concerns over tight liquidity in the medium term, analysts said. The Reserve Bank of India today sold 91-day notes at 6.47% cutoff yield, highest since May 2019, while the 182-day bills were sold at 6.80% yield, …
India’s T-Bill yields at multi-year high on near-term liquidity fears – analysts Read More »
By Shivam Patel MORBI, India (Reuters) – India’s Gujarat state on Wednesday mourned the death of 135 people from a bridge collapse on the weekend, with the national flag at half-mast in government buildings and public functions, receptions and entertainment programmes cancelled. Rescue workers would continue their search for any unaccounted persons for a fourth …
Flags at half-mast as India’s Gujarat mourns deadly bridge collapse Read More »
KUALA LUMPUR (Reuters) – Wildlife authorities in some Asian countries are seeing an increase in seizures of tigers and tiger parts despite efforts by conservationists to protect the endangered animal, according to a report by wildlife trade watchdog TRAFFIC. Tiger numbers globally have been decimated by poaching, trade, and habitat destruction in the past century, …
Tiger seizures up in parts of Asia despite conservation efforts -report Read More »
