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By Nupur Anand MUMBAI (Reuters) – India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the …

HDFC Bank’s $40 billion deal may face regulatory hurdles due to insurance ops – analysts Read More »

NEW DELHI (Reuters) – India’s government on Tuesday said it has banned 22 YouTube channels, including four of Pakistani origin, for disinformation on subjects concerning national security and public order, the latest such federal crackdown in the country. The country’s Ministry of Information & Broadcasting said the blocked YouTube channels had a combined total of …

India blocks 22 YouTube news channels citing national security Read More »

By Rajendra Jadhav NIWAI, India (Reuters) – India has harvested a record rapeseed-mustard crop, but crushing could lose momentum in the coming months as many farmers are holding back from selling to oilseed processors in the hope prices will rally further. Slow farmer selling, coupled with falling supplies of sunflower oil from Ukraine, could force …

Indian farmers hold back record rapeseed crop, limiting oil supplies Read More »

NEW DELHI (Reuters) – Ravindra Jadeja’s reign as Chennai Super Kings captain began with a hat-trick of defeats in the Indian Premier League (IPL) but the all-rounder says he is not feeling any pressure. Holders Chennai unveiled Jadeja as their new captain two days before the start of the tournament after the talismanic Mahendra Singh …

Cricket-Chennai skipper Jadeja not feeling the pressure despite winless IPL run Read More »

By Jonathan Landay and Gibran Naiyyar Peshimam WASHINGTON/ISLAMABAD (Reuters) – Pakistan Prime Minister Imran Khan blocked a no-confidence vote he looked sure to lose on Sunday and advised the president to order fresh elections, fueling anger among the opposition and deepening the country’s political crisis. His actions have created huge uncertainty in Islamabad, with constitutional …

Explainer-What political upheaval in Pakistan means for rest of the world Read More »

By Gopal Sharma KATHMANDU (Reuters) -Nepal’s Prime Minister Sher Bahadur Deuba met his Indian counterpart Narendra Modi and inaugurated the Himalayan nation’s only railway link with its southern neighbour on Saturday in a summit meant to deepen relations. Deuba’s first trip to India since becoming prime minister in July comes a week after a visit …

Nepal’s prime minister visits India, meets Modi to deepen ties Read More »

NEW DELHI (Reuters) – India’s Bharat Biotech said on Friday it was slowing down the production of COVID-19 vaccine Covaxin, as demand was dropping along with a fall in infections and wider immunisation coverage in the country. “For the coming period, the company will focus on pending facility maintenance, process and facility optimization activities,” the …

India’s Bharat Biotech to slow down production of Covaxin-statement Read More »

By Aditi Shah NEW DELHI (Reuters) – A spate of electric scooters catching fire in India, including one made by SoftBank-backed Ola Electric, is sparking safety concerns among some buyers, in an early setback for a nascent sector Prime Minister Narendra Modi is bullish about.     India wants electric scooters and motorbikes to make up 80% of total …

E-scooter fires in India trigger safety concerns, in setback for Modi push Read More »

By Sudarshan Varadhan NEW DELHI (Reuters) – India’s coal production rose 8.6% to 777.2 million tonnes during the year ended March 2022, the government said on Friday, driven by a surge in power demand due to an economic recovery after the relaxation of coronavirus-related restrictions. India’s coal supply rose 18.4% to 818 million tonnes in …

India’s annual coal output up 8.6%, supply up 18.4% Read More »