By Tanvi Mehta NEW DELHI (Reuters) – The Indian capital of New Delhi will enforce a 15-step action plan to curb pollution ahead of the arrival of winter, when a haze of toxic smog envelops the world’s most polluted city. High pollution is an annual sore point for Delhi, when several people are put to …
Indian capital gears up to tackle air pollution ahead of winter Read More »
(Reuters) – India will stage a MotoGP race at the Buddh International Circuit in New Delhi from 2023, organisers said on Friday. Commercial rights holders Dorna Sports said earlier this month that they were in talks with the state government of Uttar Pradesh and India’s sports ministry. “We have a lot of fans in India …
Motorcycling-India to feature on MotoGP calendar from 2023 Read More »
By Sethuraman N R and Rama Venkat BENGALURU (Reuters) -Indian shares rose on Friday, led by gains in banks and energy stocks, as investors assessed comments of the country’s central bank after it hiked a key policy rate for the fourth straight time, on expected lines, to bring down persistently high inflation. The NSE Nifty …
Indian shares rise as banks, energy surge on RBI rate hike Read More »
BENGALURU (Reuters) – The Reserve Bank of India’s benchmark repo rate was raised by 50 basis points on Friday, the fourth straight increase in the current cycle, as policymakers extended their battle to tame stubbornly above-target retail inflation rate. The monetary policy committee (MPC), comprising of three members from the RBI and three external members, …
Instant View: India cenbank raises key policy rate by 50 basis points Read More »
NEW DELHI (Reuters) -The Indian government cut its 2022/23 planned borrowing marginally despite higher spending on food and fertiliser due to the Ukraine crisis, partly helped by buoyant tax collections. The government cut its 2022/23 gross borrowing plan to 14.21 trillion rupees ($173.91 billion) from 14.31 trillion rupees, it said in a statement on Thursday. …
India govt cuts its 2022/23 planned borrowing marginally Read More »
BENGALURU (Reuters) -Indian bikemaker Hero MotoCorp said on Thursday it will invest $60 million in California-based Zero Motorcycles to jointly develop electric motorcycles, as it seeks to expand presence in the green mobility space. Zero is present is a “global leader” in powertrains, Hero said in its exchange filing, adding that it will launch its …
India’s Hero MotoCorp to invest $60 million in Zero Motorcycles Read More »
By Manoj Kumar NOIDA, India (Reuters) – India’s ban on smart TV imports two years ago, and tax incentives for domestic producers from federal government and many states, have boosted local manufacturing, said an official at Viera group, one of the fast-growing producers of smart TVs. In July 2020, Prime Minister Narendra Modi’s administration imposed …
Import curbs boost Indian TV manufacturing, Viera group says Read More »
By Tanvi Mehta and Suchitra Mohanty NEW DELHI (Reuters) – India’s top court on Thursday upheld the right of a woman to an abortion up to 24 weeks into pregnancy regardless of marital status, a decision widely hailed by women’s rights activists. The right to abortion has proved contentious globally after the U.S. Supreme Court …
India’s top court legalises abortion regardless of marital status Read More »
By Aditi Shah NEW DELHI (Reuters) -India will require all passenger cars to have a minimum of six airbags from Oct. 1, 2023, a year later than originally planned, the road transport minister said on Thursday. The move, aimed at improving safety in a country that has the world’s deadliest roads, was initially planned for …
India pushes back six car airbags rule by a year to Oct 2023 Read More »
MUMBAI (Reuters) – The Indian central bank likely sold dollars via state-run banks on Thursday as the rupee gave up most of its intraday gains and threatened to fall to new record lows, traders said. The intervention by the Reserve Bank of India was confirmed to Reuters by two bankers and a brokerage firm. The …
India’s RBI sells dollars as rupee hovers near record lows -traders Read More »
