India falls short of FTSE Russell government bond index inclusion
(Reuters) – Global index provider FTSE Russell said India will remain on the watch list for inclusion in the FTSE Emerging Markets Government Bond Index …
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Tata Motors launches $10,000 electric car in India to further its lead
By Aditi Shah NEW DELHI (Reuters) -Tata Motors launched India’s lowest priced electric car at a little over $10,000 on Wednesday as the country’s only …
Samsung to lure 175 million existing India customers with cashback card
By Munsif Vengattil NEW DELHI (Reuters) – Samsung Electronics is targeting repeat purchases from its 175 million customers in India through a new cashback credit …
India OIS curve may steepen on overcooked rate hike bets – BofA
MUMBAI (Reuters) – A part of India’s overnight indexed swaps curve, a gauge for future policy rates, may steepen as investors are pricing in a …
India cenbank likely sells dollars as rupee plumbs record low – traders
MUMBAI (Reuters) – The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee extended losses to hit a record …
Apple may move a quarter of iPhone production to India by 2025 -JPM
(Reuters) – Apple Inc may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves …
Uber asks its India drivers to ensure rear seatbelts in their cars work
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Ride-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in …
India economic growth to be sustained by consumer spending rebound, says govt review
MUMBAI (Reuters) – A sharp rebound in consumer spending and rising employment will sustain economic growth in India in the months ahead, the government said …
India not defending rupee, does not need to – says chief economic adviser
NEW DELHI (Reuters) – India does not need to defend the rupee because its economic fundamentals are such that the currency can take care of …
India says it uncovers fraudulent shell companies with Chinese links
MUMBAI (Reuters) – Indian authorities on Sunday said they had arrested a man who had masterminded the creation of many shell companies linked to China …
Russian Unistream bank in talks on instant money transfers to India, Turkey
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) – Russian bank Unistream, which specialises in money transfers, has seen a surge in remittances since Moscow …
India inflation likely rose in August, snapping 3-month downtrend – Reuters poll
By Arsh Tushar Mogre and Anant Chandak BENGALURU (Reuters) – India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, …
Indian and Chinese troops disengaging from western Himalayan area, says India
(Reuters) – Indian and Chinese troops have begun disengaging from the Gogra-Hotsprings border area in the western Himalayas, the Indian government said in a statement …
India inflation rate likely rose to 6.9% in August – Deutsche Bank
MUMBAI (Reuters) – Deutsche Bank estimates that India’s consumer price index (CPI) firmed to 6.9% year-on-year in August, while core inflation likely stood at 6%. …
India 10-year bond a good bet for long position – Morgan Stanley
MUMBAI (Reuters) – Morgan Stanley sees a “good chance” of JPMorgan including Indian government bonds in its index, and recommended going long on the 10-year …
Rate hikes unlikely to dent housing demand in India, Bengaluru to lead price rises – Reuters poll
By Arsh Tushar Mogre BENGALURU (Reuters) – The buoyant outlook for India’s housing market has barely changed in the last three months despite the Reserve …
JAYARAJ: Climate Change Transformed India Into An Agricultural Superpower — Just Ask My Grandparents
JAYARAJ: Climate Change Transformed India Into An Agricultural Superpower — Just Ask My Grandparents Vijay Jayaraj on September 3, 2022 My grandparents survived a nationwide …
Exclusive-Apple, Samsung could benefit as India aims to speed product safety approvals
By Munsif Vengattil NEW DELHI (Reuters) – India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, …
Boeing says plans to build on existing investments in India
NEW DELHI (Reuters) – Planemaker Boeing plans to build on its existing investments in India in areas such as defence supply chains and manufacturing, the …
Factbox-Asia’s richest man Adani on deals spree in India, abroad
NEW DELHI (Reuters) – Indian billionaire Gautam Adani, Asia’s richest man, is making his biggest media bet with a bid to buy a majority stake …
Floods, landslides kill dozens as monsoon rains lash northern, eastern India
By Saurabh Sharma and Jatindra Dash LUCKNOW/BHUBANESHWAR, India (Reuters) – Floods and landslides triggered by intense monsoon rains killed at least 50 people in northern …
India inflation may remain elevated despite July dip – analysts
MUMBAI – India’s headline retail inflation that eased for the third straight month in July is expected to remain above the central bank’s upper tolerance …
India could emerge as Asia’s strongest economy in 2022-23, says Morgan Stanley
(Reuters) – India could emerge as Asia’s strongest economy in 2022-2023 as it is best-positioned to generate robust domestic demand, helped by economic policy reforms, …
India will not slip into recession, stagflation – minister
NEW DELHI – India will not slip into recession or stagflation, Finance Minister Nirmala Sitharaman told parliament on Monday, after opposition parties raised concerns about …
As credit demand grows in India, banks may soon be scrambling for deposits
By Nupur Anand and Swati Bhat MUMBAI – Loan growth in India is at a three-year high and seen inching up further as economic activity …
India aviation regulator halves SpiceJet’s capacity after snags
BENGALURU – India’s aviation regulator on Wednesday ordered SpiceJet to slash its approved fleet to 50% this summer for eight weeks citing safety snags and …
Rockledge Man Sentenced To Four Years For Conspiring To Distribute Pharmaceutical Opiates From India
Orlando, Florida – U.S. District Judge Roy B. Dalton, Jr. today sentenced Michael Achille (57, Rockledge) to four years in federal prison for conspiracy to …
India cenbank “correct” to use FX reserves to tackle rupee volatility: econ adviser
By Savio Shetty and Divya Chowdhury MUMBAI – The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth …
U.S. lobby groups cast doubts over independence of India content appeal panel
By Aditya Kalra and Munsif Vengattil NEW DELHI – U.S. lobby groups representing Facebook and Twitter are concerned India’s plan to form a government panel …
India on course to become world’s fastest-growing economy, says RBI
By Swati Bhat MUMBAI – India’s economy has remained resilient in the face of global headwinds and with inflation coming off its recent peak is …
Singapore minister says India needs higher economic growth to create jobs
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, …
How an ‘inflammatory’ Facebook post led to a killing and sectarian tension in India
By Saurabh Sharma UDAIPUR, India – Two weeks before a Hindu tailor in India was hacked to death by two Muslim men who filmed the …
G7 discussions with China, India on Russian oil price cap positive -source
By David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the …
Humble rice bran becomes hot commodity as India scours for edible oils
By Rajendra Jadhav MUMBAI – Rice bran has become a sought-after commodity in India as the world’s biggest importer of vegetable oils tries to overcome …
Air India in talks with Airbus and Boeing to buy up to 300 narrowbody jets – sources
DOHA – Air India is in discussions with Airbus and Boeing for the potential purchase of up to 300 narrowbody jets, industry sources said. Airbus …
India will start enrolment under new military recruitment plan this month
By Aftab Ahmed NEW DELHI – Enrolment under India’s new armed services recruitment plan will commence this month, top defence officials said on Sunday, despite …
Sequoia India grapples with fallout from governance snafus
By M. Sriram and Aditya Kalra MUMBAI – Sequoia Capital’s India partners, caught out early this year by governance scandals at startup companies in its …
India central bank lifts curbs on Mastercard over new cards
NEW DELHI/BENGALURU -The Reserve Bank of India on Thursday lifted restrictions imposed last year on Mastercard Inc over issuing debit and credit cards to new …
Tesla India policy executive quits after company puts entry plan on hold -sources
By Aditi Shah and Aditya Kalra NEW DELHI – A key executive who was leading Tesla’s lobbying effort in India has resigned, weeks after the …
Israel, India prepare to resume free trade agreement talks
By Steven Scheer JERUSALEM – Israel and India are preparing to resume talks on a free trade agreement, Israel’s Economy Ministry said on Monday, adding …
India tribunal rejects Amazon appeal against suspension of deal with Future
MUMBAI – An Indian appeals tribunal on Monday rejected Amazon.com Inc’s appeal against an antitrust suspension of its $200 million investment deal with Future Group, …
India Potash’s rouble-rupee payment deal stumbles in Russian bank
By Nidhi Verma and Aftab Ahmed NEW DELHI – Russia’s Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a …
Liquidity withdrawal expected as India cenbank hikes rates on Wednesday
By Swati Bhat MUMBAI – Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to …
Tech firms say India cyber rules risk creating ‘environment of fear’
By Munsif Vengattil NEW DELHI – Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than …
India May services growth at 11-year high, input inflation at record
BENGALURU – India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, …
India lines up banks for e-commerce effort to take on Amazon, Walmart
By Munsif Vengattil and Nupur Anand NEW DELHI -India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its …
India withdraws warning on national biometric ID after online panic
By Sudarshan Varadhan and Munsif Vengattil NEW DELHI – India on Sunday withdrew a warning not to share photocopies of the national biometric identity card …
India central bank gov says priority is inflation, but growth important – ET
MUMBAI – The Reserve Bank of India’s primary focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, …
SoftBank-backed logistics firm Delhivery valued at $4.9 billion in India debut
BENGALURU -Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the …
U.S., Japan, Australia, and India to launch tracking system to monitor illegal fishing by China- FT
(Reuters) – U.S., Japan, Australia, and India will unveil a maritime initiative at the Quad summit in Tokyo to curb illegal fishing in the Indo-Pacific, …