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COLOMBO (Reuters) – A Chinese military survey ship that docked at Sri Lanka’s Chinese-built port of Hambantota despite opposition from neighbouring India left on Monday after a week-long stay, the port company told Reuters. Analysts say the Yuan Wang 5 is among a group of Chinese ships that monitor satellite, rocket and intercontinental ballistic missile …

Chinese military ship leaves Sri Lanka after controversial visit Read More »

NEW DELHI (Reuters) – Protesters broke barricades and shouted slogans against Prime Minister Narendra Modi in the Indian capital of New Delhi on Monday, after thousands of farmers gathered to protest against what they said were unfulfilled promises by the government. More than eight months after farmers called off a year-long protest and the government …

Farmers break barricades as protests return to Indian capital Read More »

By Aditi Shah and Norihiko Shirouzu BIDADI, India (Reuters) – Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right. Renowned for its pioneering Prius, the Japanese carmaker has struggled to sell large numbers of its hybrid …

Toyota doubles down on its hybrid bet in India Read More »

MUMBAI (Reuters) – The Reserve Bank of India will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll of 11 traders. India’s federal government is also selling 40 billion rupees of a 6.69% …

India RBI likely to set 7.23% cutoff yield on new 10-year bond – Reuters poll Read More »

By Swati Bhat MUMBAI (Reuters) – Despite signs of inflation having peaked in India, the outlook remains highly uncertain, and bringing the retail price rise closer to the target of 4% is essential to help sustain economic growth over the medium term, members of the central bank’s monetary policy committee said. “Although inflation seems to …

Important to bring inflation closer to target, say India MPC members Read More »

By Rajendra Jadhav and Bharat Gautam (Reuters) – Gold demand in India improved this week as a drop in domestic prices to a more than two-week low allowed dealers to reduce discounts, while volumes were sombre in other Asian centres. Local gold prices in India fell to 51,436 rupees per 10 grams on Friday, the …

Indian customers welcome dip in local prices Read More »

By Dharamraj Lalit Dhutia MUMBAI (Reuters) – A six-month exodus of foreign investors from India’s bond markets seems to have ended this month, giving the battered rupee a much-needed reprieve. The return of those investment flows has happened alongside a softening of global oil prices and domestic inflation, and expectations that a lower oil import …

Analysis-India’s weak rupee finds reprieve as foreigners seek bonds Read More »

(Reuters) – A fit-again Deepak Chahar marked his return to India’s Twenty20 side with a match-winning spell in the first one-day international against Zimbabwe on Thursday but the 30-year-old is not taking his place in the World Cup squad for granted. Chahar has been a familiar face in the 20-overs squad, shouldering new ball duties …

Cricket-Back with a bang but India’s Chahar not taking T20 spot for granted Read More »

HARARE (Reuters) – Openers Shikhar Dhawan and Shubman Gill struck fluent unbeaten half-centuries as India raced to a crushing 10-wicket victory over Zimbabwe in their first One-Day International at the Harare Sports Grounds on Thursday. Set a target of 190 to win, the visitors got there without the loss of a wicket in 30.5 overs …

Cricket – Dhawan, Gill lead India to 10-wicket win over Zimbabwe in first ODI Read More »