India cenbank gives sharply lower surplus of 303 billion rupees to govt
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its…
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its…
NEW DELHI – New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and…
By Rajendra Jadhav and Mei Mei Chu MUMBAI/KUALA LUMPUR – Indonesia’s “unpredictable” palm oil export policies may help Malaysia emerge as the dominant supplier to India, the world’s top buyer…
By Jonathan Stempel OMAHA, Neb. – Dairy Queen is looking to China and perhaps India to fuel growth, while counting on a revamped burger menu to bring in more American…
BERLIN – Senegal, South Africa, India and Indonesia will be invited as guest countries to attend the G7 summit hosted by Germany in June , a German government spokesperson said…
By Aditya Kalra NEW DELHI -India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp after a probe found the smartphone maker…
By Rajendra Jadhav MUMBAI – Indonesia’s wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and…
BENGALURU – Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge…
NEW DELHI – U.S. electric vehicle maker Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars…
BRUSSELS – The European Union’s chief executive will seek to increase sales of European military equipment to India and relaunch talks on a free trade deal when she meets India’s…
MUMBAI – India wants to be strong friends with the “liberal world” but it needs Russia’s assistance to defend its borders, Finance Minister Nirmala Sitharaman told Bloomberg in an interview…
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO – India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday, a step that could aid…
LONDON – British Prime Minister Boris Johnson will seek to put his domestic problems behind him when he visits India this week on a trip to strengthen links between the…
By Kanishka Singh WASHINGTON – U.S. Secretary of State Antony Blinken said the United States was monitoring what he described as a rise in human rights abuses in India by…
WASHINGTON – U.S. President Biden discussed issues regarding Ukraine, including India’s energy purchases from Russia, with Prime Minister Narendra Modi in a virtual meeting on Monday but did not make…
NEW DELHI – Apple Inc has started making the iPhone 13 in India, the company said on Monday, as the U.S tech giant tries to reduce reliance on its Chinese…
By Prerana Bhat and Tushar Goenka BENGALURU – The Reserve Bank of India will delay its first interest rate rise by at least four months to August at the earliest,…
By Gopal Sharma KATHMANDU -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…
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned of future risks from global…
By Kirsty Needham SYDNEY – Australia will sign a trade agreement with India on Saturday that will eliminate tariffs on 85% of Australian goods entering India, helping farmers and miners…
By Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as its global peers raise rates,…
WASHINGTON – President Joe Biden’s nominee for ambassador to India, Eric Garcetti, should receive a full and expeditious vote in the U.S. Senate, White House communications director Kate Bedingfield said…
By Nandita Bose WASHINGTON – President Joe Biden’s deputy national security adviser for economics, Daleep Singh, will travel to New Delhi and meet government officials to discuss Russia’s war against…
By Aftab Ahmed and Krishna N. Das NEW DELHI – Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, finding time to visit to…
MUMBAI – Japanese Prime Minister Fumio Kishida on Saturday announced a 5 trillion yen ($42 billion) investment in India over the next five years during a meeting with Prime Minister…