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…
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 low, three traders told Reuters. The rupee…
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 some production away from China, amid mounting…
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 their vehicles are accessible to passengers and…
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 in its monthly economic review for August…
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 itself, the country’s chief economic adviser, V.…
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 and appointed dummy directors to run the…
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 began operations in Ukraine and plans to…
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, a Reuters poll of economists found, which…
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 on Thursday. India said disengagement is in…
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%. The Asian nation will report the data…
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 benchmark bond yield. “We now believe that…
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 Bank of India embarking on its most…
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 famine in the 1960s that pushed many…
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, an industry group told Reuters on Friday,…
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 company said on Wednesday. The world’s second-largest…
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 in New Delhi Television (NDTV). Adani’s coal-to-edible-oils…
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 and eastern India over the last three…
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 range in the near term, necessitating more…
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, a young workforce and business investments, Morgan…
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 rising inflation and its impact on the…
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 gains traction but a much slower growth…
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 said it will subject the domestic airline…
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 distribute tapentadol, a pharmaceutical opiate that is…
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 out volatility in the rupee’s moves against…
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 to hear appeals against content moderation decisions…
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