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High prices drag India discounts to 7-week low; China demand sluggish

By Rajendra Jadhav and Bharat Gautam (Reuters) – Gold discounts in India this week were stretched to their highest level in seven weeks as higher prices repelled demand, while fresh concerns over the spread of COVID in top-consumer China left buyers reluctant to make purchases. This week, dealers in India were offering a discount of …

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Cricket-South Africa’s Miller carries red-hot IPL form into India T20 series

NEW DELHI (Reuters) – India opener Ishan Kishan says they will have to come up with a plan to tame David Miller in their ongoing Twenty20 series as the explosive South Africa batsman continues the rich vein of form he found in the Indian Premier League. Miller played a key role in Gujarat Titans’ IPL …

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India’s retail inflation likely slipped only modestly in May – Reuters poll

By Arsh Tushar Mogre BENGALURU (Reuters) – India’s retail inflation likely slipped modestly in May, but stayed well above the Reserve Bank of India’s upper tolerance limit for a fifth consecutive month, as lower fuel prices offset surging food costs, a Reuters poll found. But the dip is expected to be temporary and analysts say …

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Cricket-South Africa’s Miller and Van der Dussen blitz India

NEW DELHI (Reuters) – David Miller and Rassie van der Dussen smashed blistering half-centuries to lead South Africa to a thrilling seven-wicket win over India in the first Twenty20 International on Thursday. Chasing 212 for victory, South Africa’s top order wobbled but Miller and Van der Dussen plundered 131 runs from around 10 overs in …

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Energy stocks help Indian shares snap four sessions of losses

By Chandini Monnappa BENGALURU (Reuters) -A rally in energy and technology stocks propelled Indian shares to a firmer finish on Thursday, ending a four-session losing streak driven by worries around aggressive policy tightening by global central banks. Notching their best session since the turn of the month, the NSE Nifty 50 index settled 0.74% higher …

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Soccer-Chhetri strikes twice as India make winning start to Asian Cup qualifying

By Michael Church HONG KONG (Reuters) -India’s Sunil Chhetri scored twice to take his international tally to 82 goals in a 2-0 win over Cambodia on Wednesday in Kolkata as Igor Stimac’s side made a winning start to the third round of qualifying for next year’s Asian Cup. The 37-year-old India captain struck from the …

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Cricket-Babar hits three ODI tons in a row – for second time

(Reuters) – Babar Azam became the first batsman to twice score three consecutive centuries in one-day internationals after his 103 helped Pakistan beat West Indies by five wickets on Wednesday. Captain Babar shared a 103-run partnership with Imam-ul-Haq (65) and a 108-run stand with Mohammad Rizwan (59) as Pakistan chased down a target of 306 …

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Exclusive-Russia has no extra oil to sign deals with two Indian buyers – sources

By Nidhi Verma NEW DELHI (Reuters) -Russia’s Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales to other customers. Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions …

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