India’s forex reserves jump to 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India’s (RBI) statistical supplement…
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India’s (RBI) statistical supplement…
NEW DELHI (Reuters) – India’s annual industrial output rose 5.6% in February from a year earlier helped by growth in manufacturing and electricity generation, data from the Ministry of Statistics…
BENGALURU (Reuters) – Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the next one year. The…
By Rupam Jain KISHANGANJ, India (Reuters) – Pratima Kumari, a government health worker in the eastern Indian state of Bihar, sets off on her mini scooter every morning, crisscrossing vast…
(Reuters) – India’s external debt rose 1.2% quarter-on-quarter to $613.1 billion as of end-December, the government said in a statement on Friday. The country’s external debt-to-GDP ratio stood at the…
NEW DELHI (Reuters) – Air India is carving out an ambitious renaissance under the Tata Group conglomerate, which regained control last year after the airline was nationalised nearly seven decades…
By YP Rajesh and Rupam Jain NEW DELHI (Reuters) – For the first time in years, India’s splintered opposition is sinking its differences to take on strongman Prime Minister Narendra…
As the spring breeze starts to blow, India gears up for one of its most vibrant and joyous festivals – Holi. The festival of colors is not just about smearing…
NEW DELHI (Reuters) – Lawmakers belonging to India’s main opposition Congress party wore black outfits, held placards that said “Save Democracy” and threw paper in parliament on Monday in protest…
By YP Rajesh NEW DELHI (Reuters) -Indian opposition leader Rahul Gandhi said on Saturday he had been disqualified from parliament because he has been asking Prime Minister Narendra Modi tough…
(Reuters) – India’s bluechip Nifty 50 index will end at around 18,000 points this year, about 5.5% higher than current levels but roughly flat with end-2022, as company earnings will…
NEW DELHI (Reuters) – The strong debt profile of Indian corporates will be a major factor in maintaining the Asian nation’s macroeconomic stability, the country’s finance ministry said in a…
By Krishn Kaushik and Yukiko Toyoda NEW DELHI/TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will on Monday announce a new plan for an open and free Indo-Pacific in New…
NEW DELHI (Reuters) – Russia’s war in Ukraine has brought the world to a standstill when urgent action is needed to address growing global poverty, India’s G20 summit negotiator Amitabh…
By Shivangi Acharya NEW DELHI (Reuters) – India’s merchandise and services exports rose in February despite global headwinds, according to data released by the government on Wednesday, helped by petroleum,…
By M. Sriram MUMBAI (Reuters) – A little-known Indian bank moved to assure depositors their money is safe after the collapse of Silicon Valley Bank (SVB) in California caused confusion…
(Reuters) – Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline of March 31.…
By Anant Chandak BENGALURU (Reuters) – Retail inflation in India likely eased a bit last month but stayed above the Reserve Bank of India’s upper threshold for a second straight…
By Nidhi Verma and Noah Browning NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals…
BENGALURU (Reuters) – Apple Inc’s iPhones will soon be assembled at another site in the southern Indian state of Karnataka and 300 acres have been aside to set up a…
DUBAI (Reuters) – India’s Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters,…
By Shivangi Acharya NEW DELHI (Reuters) – India’s infrastructure output expanded 7.8% year-on-year in January, its fastest pace in four months, driven by a surge in fertiliser, coal and electricity…
BENGALURU (Reuters) – India’s passenger vehicle sales are expected grow about 9%-10% in fiscal year 2024, roughly 20% above pre-pandemic peak levels, as strong demand and easing chip shortages prop-up…
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman said on Saturday. Given the…
NEW DELHI (Reuters) -India’s industrial output in December rose 4.3% year on year, data from the Ministry of Statistics showed on Friday. That was lower than the 4.5% expected by…