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By Suchitra Mohanty and Fayaz Bukhari NEW DELHI/SRINAGAR (Reuters) -An Indian court on Wednesday ordered life in jail for Kashmiri separatist leader Yasin Malik for funding “terrorist” activities and many other charges, prompting street protests outside his residence and condemnation from Pakistan’s prime minister. Malik, head of the Jammu and Kashmir Liberation Front (JKLF), had …

Indian court orders life in jail for top Kashmiri separatist Read More »

BENGALURU (Reuters) -InterGlobe Aviation Ltd, the operator of India’s biggest airline IndiGo, reported a larger loss for the fourth quarter on Wednesday as higher fuel costs more than offset a rebound in demand for air travel. After two years of pandemic-curtailed travel, airlines globally have made a comeback in recent months riding on a wave …

Higher fuel costs push India’s top airline to bigger loss Read More »

(Reuters) – Gujarat Titans captain Hardik Pandya said David Miller’s quality was never in doubt after the South African powered them to the Indian Premier League final in their debut season with victory against the Rajasthan Royals on Tuesday. Miller struck a blistering 38-ball 68 and shared an unbeaten 106-run stand with Pandya (40) to …

Cricket-Gujarat skipper Pandya hails ‘match-winner’ Miller after reaching IPL final Read More »

By Rama Venkat BENGALURU (Reuters) -Indian shares shed early gains to trade flat on Wednesday, as losses in technology stocks partially offset strength in banks and broader Asian equities, while appetite also dropped as the risk of an economic downturn hangs over markets. The NSE Nifty 50 index held its ground at 16,138.80, as of …

Indian shares flat as IT stocks counter gains in banks Read More »

NEW DELHI (Reuters) -India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices. Trade and government officials earlier said India …

India allows duty-free imports of crude soyoil, crude sunflower oil Read More »

NEW DELHI (Reuters) – India could soon cut an import tax on crude soyoil and crude sunflower oil, trade and government sources said on Tuesday, as the world’s biggest vegetable oil importer tries to keep a lid on local prices. The reduction in the duty, known as the Agriculture Infrastructure and Development Cess (AIDC), could …

India could cut import tax on some edible oils to tame local prices -sources Read More »

By Sudarshan Varadhan and Jatindra Dash NEW DELHI/BHUBANESWAR (Reuters) – State-run Coal India will open this year what is expected to become one of the country’s biggest coal mines, officials said, as India struggles to keep pace with surging power demand. Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching …

Coal India to open big, new mine this year to fight power crisis Read More »