SYDNEY (Reuters) – Virat Kohli hit a second successive unbeaten half century as India made it two wins from two matches at the Twenty20 World Cup with a comfortable 56-run victory over the Netherlands at the Sydney Cricket Ground on Thursday. Skipper Rohit Sharma and Suryakumar Yadav also reached the 50-mark as India eased to …
Cricket-Kohli in the runs again as India down Dutch at T20 World Cup Read More »
By Rama Venkat BENGALURU (Reuters) -Indian shares closed higher on Thursday, lifted by a rise in metal stocks, and other Asian equities on improved sentiment over expectations that major central banks may get less aggressive about rate hikes. The NSE Nifty 50 index advanced 0.46% at 17,736.95 at close, and the S&P BSE Sensex ended …
BENGALURU (Reuters) – India’s PNB Housing Finance on Thursday reported a 11.7% increase in quarterly profit, helped by steady demand for mortgages even in the face of surging inflation and higher interest rates. Demand for housing in India has held up despite rising borrowing costs, driven by rising household income and pandemic-led demand for home …
India’s PNB Housing Finance profit rises on mortgage demand, shares jump Read More »
NEW DELHI (Reuters) -India’s men and women cricket teams will be paid the same appearance fees to represent their country, Board of Control for Cricket in India (BCCI) Secretary Jay Shah said on Thursday. The agreement will see women’s players at international level receive the same match fees as men across all formats – 1,500,000 …
Cricket-India’s women to receive same national appearance fees as men Read More »
By Mayank Bhardwaj NEW DELHI (Reuters) – India has granted environmental clearance for indigenously developed genetically modified (GM) mustard seeds, experts said on Thursday, paving the way for commercial use of its first GM food crop. The world’s biggest importer of edible oils, on which it spends tens of billions of dollars a year, India …
India gives environmental approval for gene- modified mustard Read More »
NEW DELHI (Reuters) – India is streamlining regulations for the development of genome edited plants, the government said on Thursday, calling the technology ‘promising’, as it offered huge economic potential. The statement came hours after a government panel gave environmental clearance for indigenously developed genetically modified (GM) mustard seeds, experts said. (Reporting by Tanvi Mehta; …
India to streamline rules on genome-edited plants Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee strengthened on Thursday, taking heart from the dollar index’s plunge overnight on growing views that softer U.S. economic data may prompt the Federal Reserve to slow the pace of its rate hikes. Coming off a domestic market holiday on Wednesday, the rupee climbed 0.5% to 82.3125 …
Rupee jumps as dollar tumbles on bets of less hawkish Fed Read More »
By Nimesh Vora MUMBAI (Reuters) – Indian importers should take advantage of the rupee’s recovery against the dollar to hedge their liabilities due this year, analysts said on Thursday. The rupee was up at 82.3250 per U.S. dollar, compared with 82.7250 in the previous session and the record low of 83.29 reached last week. The …
Indian importers should use rupee’s recovery to increase hedges, analysts say Read More »
BENGALURU (Reuters) – JSW Steel said on Thursday its unit JSW Steel USA has tied up $182 million of long term financing with Italian banking firms Intesa Sanpaolo and Banco BPM for its plate mill modernization project in Baytown, Texas. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Dhanya Ann Thoppil)
BENGALURU (Reuters) – Dabur India on Wednesday reported a fall in quarterly profit as higher commodity prices weighed on margins, and said it would acquire a majority stake in spices and seasoning maker Badshah Masala. The Ayurvedic and herbal consumer goods maker is seeking to expand its foods business at a time inflation has hit …
India’s Dabur posts lower profit as costs rise, enters seasoning business Read More »
