By Nimesh Vora MUMBAI (Reuters) – Nomura stuck by its contrarian call that the Reserve Bank of India will lower interest rates on Friday as concerns over economic growth overshadow worries about high inflation and the rupee’s weakness. Nomura is one of the five economists surveyed in a Reuters poll that expect the RBI to …
Rupee weakness will not deter India cenbank from cutting rates, Nomura says Read More »
By Tora Agarwala GUWAHATI, India (Reuters) -Ten armed men were killed in a gunfight with security forces in India’s remote northeastern state of Manipur on Monday after trying to attack a police station, officials said. Manipur has been suffering unrest since last year, when the majority Meitei community and the tribal Kukis clashed after a …
Ten killed in India’s Manipur after firefight with security forces Read More »
(Reuters) -Asian Paints’ shares slumped the most in over four years on Monday, as price cuts across its products and floods in some parts of India dented second-quarter sales volumes and dragged profit below analysts’ estimates. The stock fell as much as 9.3% on the day to the bottom of the benchmark Nifty 50 index, …
India’s Asian Paints tumbles as Q2 earnings, sales volumes disappoint Read More »
(Reuters) -India’s two-time Olympic javelin medallist Neeraj Chopra has appointed Czech great Jan Zelezny as his coach, the 26-year-old said on Saturday. Chopra, who followed up his gold medal at the Tokyo Olympics in 2021 with a silver medal at this year’s Paris Games, had been coached by German Klaus Bartonietz, who retired this week. …
Athletics-India’s Chopra brings on three-time Olympic champion Zelezny as coach Read More »
MAPUTO (Reuters) – Mozambique’s largest hospital said on Friday that at least three people were killed and 66 injured during clashes between police and protesters the previous day over a disputed election. The fatalities add to at least 18 people killed in earlier protests since the Oct. 9 poll, which the opposition claims was rigged. …
Three killed, 66 injured in Mozambique opposition protest, hospital says Read More »
NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi strongly backed his government’s contentious 2019 decision to revoke the partial autonomy of Jammu and Kashmir, days after the territory’s newly elected lawmakers sought its restoration. “Only the constitution of Babasaheb Ambedkar will operate in Kashmir… No power in the world can restore Article 370 (partial autonomy) …
India’s Modi rejects calls to restore Kashmir’s partial autonomy Read More »
DURBAN, South Africa (Reuters) – A four-match Twenty20 series against India comes at an opportune time for South Africa’s cricketers as it provides an additional stage to highlight their skills before the Indian Premier League auction later this month, said captain Aiden Markram. South African cricketers have been dotted around IPL franchises over the years …
Cricket-Playing India gives South Africa T20 squad IPL window Read More »
MELBOURNE (Reuters) – India continued to fret over the composition of their opening pair for the series opener against Australia later this month after KL Rahul and Abhimanyu Easwaran failed to impress in the second unofficial test on Thursday. Yashasvi Jaiswal will need a new opening partner for the series opener as India captain Rohit …
Cricket-India’s opening dilemma continues as Rahul, Easwaran flunk audition Read More »
By Rishika Sadam HYDERABAD (Reuters) – Popular weight-loss drug Wegovy maker Novo Nordisk expects high demand and acceptance for its anti-obesity drug, when launched in India, a top executive said. The company is still “evaluating” the price of the drug, but is confident that the price-sensitive Indian population will be able to afford it, Novo’s …
Novo Nordisk expects high demand for its obesity drugs in India, says country head Read More »
CANBERRA (Reuters) – India’s foreign minister said on Wednesday that the U.S. election is unlikely to change the country’s trend towards caution about foreign commitments and Republican Donald Trump will likely be more articulate in that regard. Speaking at an event in Canberra as Americans were still casting votes, Subrahmanyam Jaishankar underlined what he called …
US likely to remain cautious about global commitments, India foreign minister says Read More »
