(Reuters) – Former India goalkeeper Kalyan Chaubey has been elected the new president of the All India Football Federation (AIFF), it said on Friday, a week after world soccer’s governing body FIFA lifted the ban imposed on it for undue third-party influence. India’s top court disbanded the AIFF in May and appointed a Committee of …
Soccer-Chaubey elected Indian federation’s president after FIFA lifts ban Read More »
DUBAI (Reuters) – All-rounder Ravindra Jadeja has been ruled out of the remainder of the Asia Cup with a knee injury and will be replaced by Axar Patel, holders India said on Friday. Jadeja, who played both India’s matches in the tournament, suffered a right knee injury, Indian cricket board secretary Jay Shah said in …
Cricket-Injured Jadeja out of Asia Cup, India bring in Patel Read More »
NEW DELHI (Reuters) – India’s Supreme Court on Friday ordered the release on interim bail of a prominent activist and harsh critic of Prime Minister Narendra Modi, more than two months after she was arrested on suspicion of faking documents about Hindu-Muslim riots in 2002. Teesta Setalvad was detained from her residence in Mumbai on …
India’s top court grants interim bail to Modi critic Read More »
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – Foreign banks are expected to lap up Indian government bonds this month on hopes of peaking policy rates and bets of an inclusion of local bonds in global indexes, extending a buying spree that started in July. Overseas banks were the largest buyers of Indian government bonds in …
Foreign banks likely to extend India bond buying spree in September Read More »
By Munsif Vengattil NEW DELHI (Reuters) – India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, an industry group told Reuters on Friday, a move that could boost device launch plans by the likes of Samsung and Apple. The move comes as India scrambles to remove …
Exclusive-Apple, Samsung could benefit as India aims to speed product safety approvals Read More »
MUMBAI (Reuters) – India’s gross domestic product data indicated that while domestic demand improved in the June quarter, growth was much slower in the sectors hardest hit by the pandemic, signalling deeper scarring and lower trend growth, Nomura said on Friday. Based on the GDP and high frequency data, domestic demand momentum did improve sequentially …
India June quarter GDP data signals lower trend growth- Nomura Read More »
MUMBAI (Reuters) – India’s inflation has peaked and is expected to moderate to around 5% by the April-June quarter of next year, Reserve Bank of India Governor Shaktikanta Das said in an interview with television channel Zee Business on Friday. Inflation has remained above RBI’s 2% to 6% tolerance band for several months, with consumer …
India cbank chief expects inflation to ease to 5% by next spring Read More »
By Savio Shetty MUMBAI (Reuters) – The success of the Reserve Bank of India’s interest rate rises in controlling inflation is not yet clear, and the pace of rate adjustment will depend on the state of the economy, monetary policy committee (MPC) member J.R. Varma said on Friday. “If there is robust economic growth, then …
Effect of Indian rate hikes still unclear – cenbank MPC member Varma Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open lower against the U.S. currency on Friday, after the dollar index climbed to its highest level in 20 years, ahead of the critical U.S. jobs report. The rupee is tipped at around 79.68-79.70 per U.S. dollar in initial trades, down from 79.5550 …
Indian rupee seen lower after dollar surge; U.S. jobs data eyed Read More »
By Rajendra Jadhav MUMBAI (Reuters) – India is likely to receive 9% more rainfall than the average in September, the weather office said on Thursday, although uneven distribution could trim yields of summer-sown crops in Asia’s third biggest economy that relies on farming to boost growth and generate jobs. “Normal to above normal rainfall probability …
India’s monsoon seen above-average in Sept; distribution remains a concern Read More »
