MUMBAI (Reuters) – The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive interest rate hikes by the U.S. Federal Reserve. The partially convertible rupee was trading at 79.40/41 to the dollar by 0345 GMT, from Thursday’s …
Indian rupee at highest in nearly 3 weeks, tracks broad dollar losses Read More »
By Krishna N. Das and Waruna Cudah Nimal Karunatilake NEW DELHI/COLOMBO (Reuters) -India, which is trying to expand its influence in crisis-hit Sri Lanka after China made deep inroads there, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to a Sri Lankan port built with money from …
India says it will protect its interests as Chinese boat heads to Sri Lanka Read More »
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – A SpiceJet airplane was forced to abort its takeoff on a Mumbai runway on Thursday because of a caution alert, but there was no safety problem, the Indian airline told Reuters. A SpiceJet Q400 aircraft scheduled to fly from India’s financial hub Mumbai to Kandla …
India’s SpiceJet says airplane aborted Mumbai takeoff due to caution alert Read More »
By Gopal Sharma and Manoj Kumar KATHMANDU/NEW DELHI (Reuters) – Bhutan is considering several steps to contain adverse impacts on the economy following a fall in foreign exchange reserves, its economic affairs minister said on Thursday, after the government warned residents about possible curbs on imports. Like many energy importing countries in South Asia, Bhutan, …
Bhutan considering steps to avoid fallout of falling forex reserves -minister Read More »
By Chris Thomas BENGALURU (Reuters) -Indian shares jumped to their highest in 12 weeks on Thursday, lifted by a surge in non-bank lender Bajaj Finance after its earnings blew past estimates, while a U.S. Federal Reserve rate hike on expected lines soothed investor nerves. The NSE Nifty 50 index was up 1.2% at 16,841.35, as …
Indian shares at 12-week high, Bajaj Finance surges Read More »
BENGALURU (Reuters) -Shares of India’s SpiceJet fell as much as 9.3% on Thursday, a day after the country’s aviation regulator ordered the budget carrier to slash its approved fleet to 50% this summer for eight weeks, citing multiple safety snags. The Director General of Civil Aviation (DGCA) also said on Wednesday that the domestic airline …
India’s SpiceJet hits 2-year low after aviation regulator halves capacity Read More »
MUMBAI (Reuters) – India’s most valuable company, Reliance, said it would support the country’s athletes in major multi-sport events as part of a long-term partnership with the Indian Olympic Association (IOA). The world’s second most populous nation has been an Olympic laggard. The seven medals its contingent won last year at the Tokyo Games was …
Olympics-Reliance joins India’s Olympic body as principal partner Read More »
By Rajendra Jadhav MUMBAI (Reuters) – India’s gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council (WGC) said on Thursday. Lower purchases by the world’s second-biggest gold consumer …
Inflation, price rise could dent India’s gold demand in July-Dec -WGC Read More »
By Ismail Shakil OTTAWA (Reuters) – Canadian police have arrested and charged two men with the murder of Ripudaman Singh Malik, a Sikh businessman who was acquitted in connection with the 1985 Air India bombing that killed 329 people. Police found Malik with gunshot wounds before he died in Surrey, British Columbia, on July 14. …
Canada police charge two in murder of Sikh acquitted in Air India bombing Read More »
MUMBAI (Reuters) – Indian state research body ICMR said it has isolated the monkeypox virus and is inviting vaccine makers to consider making shots after the country reported some cases of infection. The Indian Council of Medical Research on Wednesday invited expression of interest for development of vaccine against monkeypox and also for development of …
Indian state research body ICMR invites vaccine makers to make monkeypox shots Read More »
