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Indian rupee gives up early gains as importers buy dollars; bonds steady

By Swati Bhat MUMBAI (Reuters) – The Indian rupee weakened after opening stronger on Wednesday, as importers rushed in to buy dollars while a drop in the domestic share market also weighed on investor sentiment. Most emerging Asian stock markets rose as investors exited bonds on hawkish central bank prospects, while currencies came under pressure …

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Cricket-IPL matches to have some spectators as COVID restrictions ease

MUMBAI (Reuters) – Fans will be allowed to attend matches during the Indian Premier League (IPL), which starts on Saturday, with COVID-19 restrictions easing in the country, the Indian cricket board (BCCI) said on Wednesday. The Chennai Super Kings will face the Kolkata Knight Riders in the opening match of the popular Twenty20 league at …

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Mexico foreign minister embarks on 10-day tour of Middle East, India

MEXICO CITY (Reuters) -Mexican Foreign Minister Marcelo Ebrard on Tuesday begins a tour of the Middle East and India lasting 10 days for talks covering a jump in energy prices, investment opportunities and efforts to prevent a potential food crisis, his ministry said. The international trip is the longest the foreign minister has undertaken, an …

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Novavax says its COVID vaccine gets India authorisation for teens

(Reuters) -Novavax Inc said on Tuesday its COVID-19 vaccine has got emergency-use authorization from the Drugs Controller General of India for children aged 12 to 17 years. The authorization is a global first for the age group for the vaccine, which is manufactured and marketed in India by the Serum Institute of India under the …

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Russia must adhere to U.N. Charter, say UK and India

LONDON (Reuters) -Russia must adhere to the United Nations Charter, British Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi said during a call on Tuesday, according to a readout provided by Johnson’s office. Russia’s invasion of Ukraine has created a rift between India, which imports arms from Russia, and its Western allies, who …

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Parents of Reuters photographer killed in Afghanistan start legal action against Taliban

NEW DELHI (Reuters) -The parents of Reuters photographer Danish Siddiqui, who was killed in a Taliban attack in Afghanistan last year, have begun legal action at the International Criminal Court (ICC) against the Islamist group, a lawyer for the family said on Tuesday. Siddiqui, a Pulitzer Prize winner, was embedded with Afghan special forces when …

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India’s coal ministry seeks to ease green norms to boost domestic production

NEW DELHI (Reuters) – India’s coal ministry will seek a relaxation of some environmental norms to help increase the country’s overall coal production, coal minister Pralhad Joshi said on Tuesday. Domestic demand for coal has risen considerably because of a steep hike in international prices, Joshi said, according to a press statement issued by India’s …

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Biden says India ‘shaky’ in acting against old Cold War ally Russia

By Krishna N. Das NEW DELHI (Reuters) -U.S. President Joe Biden has said only India among the Quad group of countries was “somewhat shaky” in acting against Russia over its invasion of Ukraine, as India tries to balance its ties with Russia and the West. While the other Quad countries – the United States, Japan …

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Indian shares reverse course to end above 1%, helped by IT stocks, Reliance

BENGALURU (Reuters) -Indian shares staged a mid-day reversal to end over 1% higher on Tuesday, helped by gains in heavyweight information technology stocks and conglomerate Reliance Industries. The blue-chip NSE Nifty 50 index closed 1.16% higher at 17,315.50, while the benchmark S&P BSE Sensex rose 1.22% to end at 57,989.30. Both indexes had lost nearly …

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