By Krishna N. Das and Saurabh Sharma ALIGARH, India (Reuters) – A Hindu group closely linked to Indian Prime Minister Narendra Modi is installing Muslims loyal to it in leadership …
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By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked …
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By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle trade between the United Arab …
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By Shivangi Acharya, Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – India and Britain are struggling to make progress in free trade talks due to differences on some key …
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By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) – India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow …
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By Tim Hepher and Aditi Shah NEW DELHI (Reuters) – Plane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the country’s civil aviation …
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By Shivangi Acharya, Aftab Ahmed and Neha Arora NEW DELHI (Reuters) – India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government …
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By Krishna N. Das NEW DELHI (Reuters) – India may issue an alert on cough syrup exported by Marion Biotech, whose products have been linked to deaths in Uzbekistan, after …
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By Shubham Batra and Nikunj Ohri New Delhi (Reuters) – India’s federal government is likely to keep its gross market borrowing below 16 trillion rupees ($196 billion) for 2023/24 as …
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By Aditya Kalra NEW DELHI (Reuters) – Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a …
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By Aftab Ahmed NEW DELHI (Reuters) – India’s government is in no hurry to push inflation – now hovering near 7% and eight-year highs – back to the central bank’s …
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By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI -India’s central bank is prepared to sell a sixth of its foreign exchange reserves to defend the rupee against a rapid depreciation …
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By Aftab Ahmed NEW DELHI – The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices …
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By Aditya Kalra and Munsif Vengattil NEW DELHI – Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s Xiaomi Corp in February as …
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By Aditya Kalra and Abhirup Roy NEW DELHI – India’s antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected collusion …
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By Aftab Ahmed and Manoj Kumar NEW DELHI -State-run Life Insurance Corporation of India’s (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion), a government …