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NEW DELHI (Reuters) – India and China agreed on the importance of an immediate ceasefire in Ukraine, Indian Foreign Minister Subrahmanyam Jaishankar said on Friday after holding talks with his Chinese counterpart Wang Yi. Both Asian giant consider Russia a friend and have rejected Western calls for condemnation of Russia’s invasion of Ukraine. Russia calls …

India and China for immediate ceasefire in Ukraine – Indian foreign minister Read More »

By Nidhi Verma NEW DELHI (Reuters) – Indian Oil Corp, the country’s top fuel retailer, will raise prices of a litre of petrol and diesel by 0.80 rupees from Friday, its third such increase this week, a notification sent to fuel dealers showed. A litre of petrol will cost 97.81 rupees ($1.28) while diesel will …

Indian Oil to raise petrol, diesel prices from Friday Read More »

NEW DELHI (Reuters) – India has friendly relations with both the United States and Russia that stand on their own merit, the foreign ministry told parliament on Thursday, in reply to a query whether the Ukraine war had affected ties. Over the past decade, India has grown closer to the United States in the face …

India says U.S., Russia ties ‘stand on their own merit’ despite Ukraine war Read More »

NEW DELHI (Reuters) – China’s Foreign Minister Wang Yi drew a rebuke from the Indian government ahead of his expected but unconfirmed visit to New Delhi on Friday, upsetting his hosts with remarks made in Pakistan this week concerning the disputed Kashmir region. Relations between the two nuclear armed Asian powers turned chilly two years …

India rebukes China’s foreign minister over Kashmir remarks ahead of planned visit Read More »

By Elida Moreno PANAMA CITY, Mar 23 (Reuters) – Panama will become the setting for the filming of five Bollywood movies after an actor from India, the country that produces the world’s largest number of feature films per year, signed an agreement with an Indian production company. Indian businessman Prabhakar Sharan, who is also an …

Bollywood to shoot five films in Panama Read More »

By Bharat Gautam (Reuters) – India’s crude oil imports last month dropped to their lowest since October, government data showed on Wednesday, as soaring global prices made it costlier to procure the fossil fuel. February crude oil imports decreased by about 8.6% from the previous month and were 5.7% lower than pre-pandemic levels in the …

India’s Feb crude oil imports hit 4 month-low as global prices surge Read More »

(Reuters) – A visit by India’s income tax authorities to the offices of motorcycle maker Hero Motocorp Ltd and the home of its chief executive, Pawan Munjal, on Wednesday was part of a “routine inquiry”, the company said. “We reassure all our stakeholders that it continues to be business as usual,” it said in a …

Hero Motocorp says visit by Indian tax authorities was ‘routine’ Read More »