Toyota plans third India plant, new SUV as domestic sales surge – sources
By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the …
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Brazil, Mexico, India in good position to attract capital, says Haddad
SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister …
India to delay import licensing of laptops after US, industry push back, sources say
By Munsif Vengattil and Shivangi Acharya NEW DELHI (Reuters) – India will defer an import licence requirement for laptops and tablets, two government officials said, …
Canada’s Trudeau wants India to cooperate in murder probe, declines to release evidence
By Michelle Nichols NEW YORK (Reuters) -Canadian Prime Minister Justin Trudeau on Thursday called on India to cooperate with an investigation into the murder of …
India says rising oil prices a concern, but economic outlook ‘bright’
NEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a …
JPMorgan index inclusion shows confidence in Indian economy -India econ affairs secy
MUMBAI (Reuters) – India’s inclusion in the JPMorgan emerging market debt index shows their confidence in the Indian economy, the country’s economic affairs secretary Ajay …
Exclusive-JSW in talks with LG Energy Solution to make EV batteries in India -sources
By Aditi Shah and Neha Arora NEW DELHI (Reuters) – Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) …
Factbox-Tesla courts interest from Turkey to India for next gigafactory
(Reuters) – Tesla’s plan to expand its global manufacturing footprint has sparked a race among some countries to woo CEO Elon Musk and secure billions …
India cenbank says stabilising core inflation shows easing price pressures
MUMBAI (Reuters) – The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in …
Canada trade minister is postponing a planned trade mission to India
By Steve Scherer OTTAWA (Reuters) – Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for October, an official said on …
India may cut market borrowing if small savings shoot up – official
By Nikunj Ohri NEW DELHI (Reuters) – India’s market borrowing could be less than expected for the current fiscal year if small savings are more …
Western firms shift investment from China to India as worries mount
By Joe Cash BEIJING (Reuters) – U.S. and European firms are shifting investment away from China to other developing markets, a report from Rhodium Group …
Russia’s VTB to launch cross-border money transfers to India
MOSCOW (Reuters) – Russia’s VTB Bank said on Wednesday that it will launch money transfers in Indian rupees by the end of September. Retail customers …
Biden accused of sidelining Vietnam and India rights over strategic interests
By David Brunnstrom and Humeyra Pamuk WASHINGTON (Reuters) – The White House fact sheet issued during President Joe Biden’s visit to Vietnam weighed in at …
India bond yield curve inversion to persist on tight liquidity, inflation fears – traders
By Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield …
India PM Modi says G20 leaders’ declaration adopted
NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Saturday that the G20 had reached a consensus on a leaders’ declaration and announced its …
Factbox-Key meetings at G20 summit in India
NEW DELHI (Reuters) – India is hosting the leaders of the Group of 20 (G20) major economies for their annual summit this weekend. Here is …
India PM urges UN to rethink priorities for the 21st century
By Arpan Chaturvedi and Rupam Jain NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi called on the United Nations to reform in line with …
Yellen to attend India G20 summit, focus on economy, climate, Ukraine -US Treasury
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. …
Chinese minister says India free to join RCEP trade bloc
NEW DELHI (Reuters) – India is free to join the Regional Comprehensive Economic Partnership (RCEP), China’s Vice Commerce Minister Wang Shouwen said on Friday in …
India inflation to return to comfort band once veg price shock ebbs – MPC’s Goyal
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – Retail inflation will return to the central bank’s comfort band of 2%-6% as vegetable prices soften, …
Biden to attend G20 summit in India, VP Harris goes to ASEAN
(Reuters) – U.S. President Joe Biden will visit India from Sept. 7-10 for a summit of the Group of 20 nations while Vice President Kamala …
India July inflation likely breached RBI’s 6% upper tolerance level: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end of the …
India rate panel to dial up hawkishness even as it holds policy steady
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but will adopt …
India asks Tesla to copy Apple in pairing Chinese, Indian suppliers -sources
By Nikunj Ohri, Shivangi Acharya and Aftab Ahmed NEW DELHI (Reuters) – As Tesla examines building a plant in India, officials have asked the company …
Tesla executives hold market entry talks with India investment agency -sources
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – Two senior Tesla executives discussed the company’s plans to enter India with officials from the …
Exclusive-BYD tells India partner it wants to drop $1 billion EV investment plan-sources
By Sarita Chaganti Singh NEW DELHI (Reuters) – China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment …
Harley-Davidson CEO says India model pre-orders ‘exceeding expectations’
By Kannaki Deka (Reuters) – Harley-Davidson said on Thursday that pre-orders were “exceeding expectations” for a new model the U.S. big-bike maker launched this month …
India rate cut bets pushed to mid-2024 amid inflation jump – traders
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by …
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according …
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects …
China’s top diplomat urges stable ties with India as military tensions simmer
BEIJING (Reuters) – China’s top diplomat Wang Yi told the Indian foreign minister that bilateral ties need to be stabilised, as the two Asian neighbours …
Australia upbeat on global tax talks at G20 in India
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of …
Godrej Aerospace targets Airbus, Boeing suppliers as India jet orders soar
By Dhwani Pandya MUMBAI (Reuters) -Godrej Aerospace is in talks to build aircraft parts for suppliers to Airbus and Boeing as airlines place record jet …
Hyundai launches small SUV in India to boost share as rivals gain ground
By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle (SUV) in India aimed at …
India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll …
Analysis-U.S. military deals not enough to wean India off Russian arms yet
By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting its reliance on Russian defence …
Senior US diplomat heads to India to discuss free speech, minority rights
By Kanishka Singh WASHINGTON (Reuters) – A senior U.S. diplomat will travel to India in the coming days and engage with its civil society over …
McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge
By Riddhima Talwani and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in …
India cenbank seeks to give customers choice of card network
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit and prepaid cards on multiple …
Egypt and India bolster ties as Modi makes first trip to Cairo
CAIRO (Reuters) – Egypt and India discussed strengthening ties in areas including trade, food security and defence during a state visit to Cairo by Indian …
Boeing to invest $100 million in infrastructure, pilot training in India
BENGALURU (Reuters) – Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India, according to a White House statement …
Applied Materials to invest $400 million in India for new engineering center
(Reuters) -U.S. semiconductor toolmaker Applied Materials will invest $400 million over four years in a new engineering center in India, the company said on Thursday. …
Micron confirms up to $825 million investment in India chip facility
OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip …
Battle of billionaires: Musk’s Starlink eyes India, Ambani resists
By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink satellite broadband to India, but …
Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the …
Google seeks suppliers to move some Pixel production to India – Bloomberg News
NEW DELHI (Reuters) -Alphabet Inc’s Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News …
Ahead of Modi visit, journalists’ group urges US to press India on media crackdown
WASHINGTON (Reuters) – The Committee to Protect Journalists on Wednesday called on the U.S. government to urge India to end a media crackdown and release …
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, …
US to remove obstacles to defence, high-tech trade with India – NSA Sullivan
NEW DELHI (Reuters) – The United States is set to remove obstacles that prevent smoother trade with India in critical areas such as defence and …