By Saurabh Sharma LUCKNOW, India (Reuters) – Indian police on Tuesday formed a special investigative unit to probe the death of a girl who said she had been set on fire by a stalker whose marriage proposal she rejected, a case that has led to anger in a country where violence against women is rife. …
Death of girl set ablaze in India’s Jharkhand state sparks anger Read More »
By Rajendra Jadhav MUMBAI (Reuters) – Indian traders have signed deals to export 300,000 tonnes of raw sugar in the coming season as advantageous market conditions counter the risk of agreeing contracts before India announces its 2022/23 export policy, trade sources said. The government imposed restrictions on overseas sugar sales for the first time in …
Indian traders jump the gun with sugar export deals Read More »
By Anushka Trivedi (Reuters) – The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows. The partially convertible rupee surged 0.6% to 79.45 in its best session since Aug. 27, 2021. The currency had hit a record low …
Indian rupee marks biggest gain in one year on strong foreign inflows Read More »
MUMBAI (Reuters) -India’s Adani group and New Delhi Television said on Monday they had asked the market regulator to check if any regulatory restrictions prohibit the news network’s founders from selling a major stake to the conglomerate. NDTV and Adani have locked horns in public after the Adani group, run by India’s richest man Gautam …
India’s Adani, NDTV founders seek regulatory clarification on stake sale Read More »
By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. This year heavy rains have triggered floods that inundated cities in China and South Korea and disrupted …
By Gopal Sharma KATHMANDU (Reuters) – Nepal has asked India to halt its recruitment of Gurkhas into the Indian army under a new scheme for shorter military contracts until it was clear what would happen to them when they retired, an aide to the prime minister said on Monday. An agreement between London, New Delhi …
Nepal seeks to pause recruitment of Gurkhas into Indian army under ‘Agnipath’ plan Read More »
By Krishna N. Das NEW DELHI (Reuters) – As India’s capital of New Delhi prepares for winter – and the accompanying season of acrid smog – the government is promoting a motorcycle helmet fitted with filters and a fan at the back that it says can remove 80% of pollutants. State agencies have pumped thousands …
India’s state-funded helmet promises ‘fresh air’ in battle on winter smog Read More »
DUBAI (Reuters) – Hardik Pandya’s talent was never in doubt and the India all-rounder has now combined a calm mind with an uncluttered approach to emerge as a serious match-winner as he demonstrated in Sunday’s Asia Cup thriller against Pakistan. Emotions run high whenever India and Pakistan clash in a cricket match and many a …
Cricket: Pandya combines calmness and clarity to be more effective Read More »
MUMBAI (Reuters) – India’s Bank of Baroda plans to raise at least 5 billion rupees ($62.52 million) through sale of Basel III compliant additional Tier I perpetual bonds, three merchant bankers said on Monday. The state-run lender has invited coupon and commitment bids from bankers and investors on Tuesday, they said. The bonds are rated …
Bank of Baroda to issue perpetual bonds -traders Read More »
By Arsh Tushar Mogre BENGALURU (Reuters) – India likely recorded strong double-digit economic growth in the last quarter but economists polled by Reuters expected the pace to more than halve this quarter and slow further toward the end of the year as interest rates rise. Asia’s third-largest economy is grappling with persistently high unemployment and …
India’s status as world’s fastest growing major economy to be short-lived- Reuters poll Read More »
