BIRMINGHAM, England (Reuters) -A trade deal between Britain and India might not contain everything that the services sector wants, UK trade minister Kemi Badenoch said on Tuesday as a deadline to complete the deal approaches. Before stepping down, former prime minister Boris Johnson set a target with Indian leader Narendra Modi to complete a free …
UK trade minister: India deal may not have everything on services Read More »
BENGALURU (Reuters) -Electric vehicle-maker Euler Motors said on Tuesday it had raised $60 million in its latest funding round, led by investment firm GIC Singapore, to shore up its manufacturing and supply chain. The Indian startup did not disclose the valuation at which it raised the money in the Series C round, although it said …
India’s Euler Motors raises $60 million in GIC Singapore-led funding round Read More »
By Sethuraman N R BENGALURU (Reuters) – Indian shares rose over 2% on Tuesday, boosted by a surge in banks, metal and information technology companies, while upbeat quarterly updates from companies lifted investor sentiment ahead of the corporate earnings season. The NSE Nifty 50 index rose 2.3% to 17,274.30, while the S&P BSE Sensex gained …
Indian shares see best day in 5 weeks led by banks Read More »
By Fayaz Bukhari SRINAGAR (Reuters) – The chief of the prison service in Indian Kashmir has been murdered, police said on Tuesday, as the powerful interior minister visited the disputed Himalayan region that has been riven by a decades-long insurgency. The body of Hemant Kumar Lohia, 57, the region’s director general of prisons, was found …
Prison chief killed in Indian Kashmir, militants claim responsibility Read More »
(Reuters) – India’s pace spearhead Jasprit Bumrah has been ruled out of the Twenty20 World Cup due to a back injury, the country’s cricket board (BCCI) announced on Monday. Bumrah, who played two T20 home matches against Australia last month, was ruled out against the ongoing home series against South Africa after the injury flared …
Cricket-India’s Bumrah ruled out of T20 World Cup with injury Read More »
NEW DELHI (Reuters) -Iranian airliner Mahan Air’s Tehran to Guangzhou flight arrived safely and on time at its Chinese destination, Iran’s semi-official ISNA news agency said on Monday, after a report of a bomb scare onboard. India’s air force (IAF) said it had scrambled fighter jets after receiving information of a bomb scare on an …
Iranian plane arrives safely in China after fake bomb scare Read More »
By Rajendra Jadhav and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) – India’s platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters. Such …
India’s platinum imports jump to record high as refiners take advantage of tax change Read More »
MUMBAI (Reuters) – The Indian central bank likely sold dollars via state-run banks on Monday as rising oil prices and weak risk appetite pushed the rupee to within striking distance of record lows. The rupee was last trading at 81.90, down from 81.34 in the previous session. The local unit reached a record low of …
RBI sells dollars as rising oil prices push rupee to near record low – traders Read More »
By Anant Chandak BENGALURU (Reuters) – India’s factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed. The Manufacturing Purchasing Managers’ Index, compiled by S&P Global, fell to 55.1 in September from 56.2 in August, below …
India Sept factory growth cooled to 3-month low as demand softens-PMI Read More »
By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) -India is likely to receive above-average rainfall in October, an official with the state-run weather office said on Friday, posing risks for summer-sown crops such as rice and the planting of wheat. Monthly rainfall is expected at 115% of the long-term average, Mrutyunjay Mohapatra, director general …
Forecast of heavy rains in October raises concern about India’s rice, wheat crops Read More »
