Joe Biden Using U.S. Tax Dollars to Train Transgendered Community Leaders in India
The Biden administration wants to train at least 200 activists to advocate for transgender rights in India as part of a program ostensibly designed to advance America’s “national interests,” according to a…
U.S. seeks closer India tech ties; no China “decoupling”- U.S. commerce secretary
By Shivangi Acharya NEW DELHI (Reuters) – India could become a key supplier of electronic parts and hardware for the United States, U.S. Commerce Secretary Gina Raimondo said on Friday, adding that…
Mango’s sales hit record as Zara’s rival expands in US, India
By Corina Pons BARCELONA (Reuters) – Spanish fashion retailer Mango’s sales hit a record 2.68 billion euros ($2.8 billion) last year, exceeding pre-pandemic levels by 13% as shoppers kept spending on clothing…
Apple to shake up international businesses’ management to focus on India – Bloomberg News
(Reuters) – Apple Inc is reshuffling management of its international businesses to put a bigger focus on India, Bloomberg News reported on Wednesday citing people with knowledge of the matter. This shift…
India, Australia aim to boost economic, defence ties at first summit of PMs
By Krishn Kaushik and Kirsty Needham NEW DELHI/SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the two countries…
U.S. retailer Foot Locker in talks with Metro Brands for India entry – report
BENGALURU (Reuters) – U.S. footwear and sportswear retailer Foot Locker Inc is in talks with Metro Brands Ltd to enter the Indian market, ET Now reported on Friday. Foot Locker, which retails…
Blinken says India, South Africa are on slow trajectory away from alignment with Russia
By Kanishka Singh and Simon Lewis WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Thursday countries like India and South Africa, which have not joined the West in denouncing…
Monmouth County Doctor Admits Harboring Undocumented Workers from India
NEWARK, N.J. – A Monmouth County, New Jersey, doctor pleaded guilty today to harboring two undocumented women from India and failing to pay taxes on their wages, U.S. Attorney Philip R. Sellinger…
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then pause until…
Musk shuts two Twitter India offices, Bloomberg News reports
(Reuters) – Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with the matter. The social media company shut down offices in…
Rural recovery may drive next bout of India inflation, HSBC economists
MUMBAI (Reuters) – The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and Capital Markets…
India looks to tap mom-and-pop stores to boost tax base
By Nikunj Ohri NEW DELHI (Reuters) – The Indian federal government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a top tax official…
Air India has options to buy 370 more jets after mammoth order-exec
BENGALURU (Reuters) – Air India has options and purchase rights to buy 370 more aircraft from Airbus and Boeing over the next decade, an company executive said in a recent LinkedIn post,…
Airbus says Air India to lease jets on top of record order
By Tim Hepher PARIS (Reuters) – Airbus will start delivering narrow-body A320neo-family jets to Air India at the end of this year as part of a 250-plane order, the aircraft manufacturer’s chief…
India retail inflation likely rebounded to 5.9% in Jan: Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – Higher food prices likely nudged up India’s annual retail inflation last month from a 12-month low in December, but it stayed within the Reserve Bank of…
Analysis-Despite stupendous win on Adani, India short-selling boom unlikely
By Anshuman Daga, Scott Murdoch and Svea Herbst-Bayliss SINGAPORE/NEW YORK (Reuters) – Hindenburg Research’s spectacular short bet against India’s Adani group could lead other investors to consider using similar strategies in the…
India ‘fairly’ confident of cutting fiscal deficit to 4.5% of GDP in 3 years -official
By Nikunj Ohri NEW DELHI (Reuters) – India is ‘fairly’ confident it can meet its target to cut its fiscal deficit by nearly 200 basis points to 4.5% of GDP in the…
Renault-Nissan plan India reboot in test of reshaped alliance
By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) – A revamped alliance between Renault and Nissan will face an early test in India, where the automakers plan new investment in a…
India police charge 10 with homicide over bridge collapse that killed 135
By Sumit Khanna AHMEDABAD, India (Reuters) – Police in India on Friday charged 10 people with homicide in connection with the collapse of a colonial-era footbridge last year that killed at least…
India market regulator increases scrutiny of Adani group – sources
By Jayshree P Upadhyay (Reuters) – India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report issued by short-seller Hindenburg Research…
Tata’s Air India to seal half of jumbo plane order – sources
By Aditi Shah NEW DELHI (Reuters) -Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources…
India banks’ exposure to Adani Group is limited – CLSA, Jefferies
MUMBAI (Reuters) – Indian banks’ exposure to the Adani Group is within manageable limits, said brokerage houses CLSA and Jefferies, as the group fend off an attack from well-known short-seller Hindenburg Research.…
Unilever’s dominance in India helps it raise prices, pinching rural poor
By Richa Naidu and Aditya Kalra LONDON/NEW DELHI (Reuters) – Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its dominant market…
India may peg nominal GDP growth at about 11% in 2023/24 budget- sources
By Shubham Batra and Aftab Ahmed (Reuters) – India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown…
India govt switches bonds with cenbank in a cash-neutral deal
MUMBAI (Reuters) – The Indian government bought back bonds maturing in 2024 from the Reserve Bank of India on Tuesday, while also issuing bonds maturing in 2032 worth a similar quantum, the…
India revives network of village guards in Kashmir after militant attack
By Fayaz Bukhari SRINAGAR (Reuters) – India is reviving a network of thousands of village guards in Jammu and Kashmir, including arming some with automatic rifles, after a militant attack in the…
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