Airbus wins record 500-plane order from India’s IndiGo
By Tim Hepher, Joanna Plucinska and Aditi Shah PARIS/DELHI (Reuters) -Europe’s Airbus secured a historic deal on Monday involving the most jets ever bought by …
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India’s Modi to address FedEx, Mastercard, other US CEOs at Kennedy Center -source
By Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) – Indian Prime Minister Narendra Modi will meet the CEOs of top American companies including FedEx, MasterCard …
India’s merchandise import jump in may signals stable local economy – economists
By Ira Dugal MUMBAI (Reuters) – A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high …
Bain Capital plans to sell stake worth $267 million in India’s Axis Bank – report
BENGALURU (Reuters) – U.S. private equity firm Bain Capital is looking to sell a 0.7% stake in India’s Axis Bank worth as much as $267 …
India’s SpiceJet to induct 10 aircraft from September 2023
BENGALURU (Reuters) – India’s SpiceJet will add 10 Boeing 737 aircraft to its fleet between September and October to cater to the growing passenger traffic, …
Investment more than consumption leading India’s economic growth – economists
By Ira Dugal MUMBAI (Reuters) – A surge in investments that offset sluggish consumption to boost India’s growth in 2022-23 is expected to power the …
India’s May factory activity grows at fastest pace since Oct 2020
By Anant Chandak BENGALURU (Reuters) – India’s factory output expanded at the quickest pace since October 2020 last month thanks to strong demand and output, …
India’s economy likely gained pace in March quarter
By Manoj Kumar NEW DELHI (Reuters) – India is set to release data on Wednesday that is expected to show the economy grew by 5% …
India’s RBI to hold rates through year-end, cut in early 2024 – Reuters poll
By Anant Chandak and Vivek Mishra BENGALURU (Reuters) – The Reserve Bank of India (RBI) will leave its key interest rate unchanged at 6.50% on …
Pratt & Whitney says India’s Go First has no right over engines
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Pratt & Whitney has no engines currently available for India’s Go First airline, which also …
White House: Biden to discuss Ukraine with Brazil’s Lula, India’s Modi
HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden aims to speak this weekend with Brazil’s President Luiz Inacio Lula da Silva and Indian Prime Minister …
India’s top court gives market watchdog 3 more months to finish Adani probe
By Jayshree P Upadhyay and Arpan Chaturvedi MUMBAI (Reuters) -India’s Supreme Court on Wednesday granted the country’s market regulator additional time till August 14 to …
India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) – The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees …
India’s April merchandise and services trade deficit at 21-month low
By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India’s merchandise and services trade deficit narrowed to a 21-month low in April as imports …
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) – India’s headline retail inflation in May is likely to fall further towards 4% — the midpoint of the central bank’s target and …
India’s April retail inflation eases to 18-month low on softer food price
By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below the Reserve Bank of India’s …
India’s ruling BJP trails Congress in Karnataka state election – exit polls
By YP Rajesh NEW DELHI (Reuters) – India’s ruling Bharatiya Janata Party (BJP) is trailing the main opposition Congress party in elections held on Wednesday …
Blackstone’s delisting offer for India’s R Systems fails
BENGALURU (Reuters) – Blackstone Inc’s delisting offer for India’s R Systems International Ltd was unsuccessful as the U.S. investment fund failed to draw enough interest …
Brookfield, Tata in talks to invest in India’s Nexus Malls IPO – sources
By M. Sriram and Rama Venkat BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering …
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according …
KKR to invest $250 million more in India’s Serentica Renewables
BENGALURU (Reuters) – U.S. private equity firm KKR & Co Inc will invest an additional $250 million in Serentica Renewables, the Indian decarbonisation platform said …
Norway sovereign wealth fund excludes Korea Gas, India’s GAIL over Myanmar link
(Reuters) – The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world’s largest, citing ethical concerns …
Modi’s BJP courts India’s rising election power: Women
By Rupam Jain NEW DELHI (Reuters) – Ranika Jaiswal’s family in Varanasi has boasted a string of officials in India’s ruling BJP party over the …
India’s forex reserves rise for second week, hit over 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41 billion for the week ended …
Dollar bonds of India’s Adani Group firms inch higher
MUMBAI (Reuters) – The U.S. dollar-denominated bonds issued by entities of India’s Adani Group were trading marginally higher on Thursday, after a group company said …
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 …
India’s industrial output rose 5.6% y/y in February
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 …
India’s HDFC Bank to raise $6 billion in debt over next 1 year
BENGALURU (Reuters) – Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over …
How India’s birth control battle falters in rural district
By Rupam Jain KISHANGANJ, India (Reuters) – Pratima Kumari, a government health worker in the eastern Indian state of Bihar, sets off on her mini …
India’s external debt rises to $613.1 billion as of end-Dec – Govt
(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 …
Air India’s plans to modernise under new owner Tata
NEW DELHI (Reuters) – Air India is carving out an ambitious renaissance under the Tata Group conglomerate, which regained control last year after the airline …
After Gandhi’s conviction, signs of India’s opposition uniting against Modi
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 …
The Meaning and Significance of Holi, India’s Festival of Colors
As the spring breeze starts to blow, India gears up for one of its most vibrant and joyous festivals – Holi. The festival of colors …
India’s Congress lawmakers wear black to protest Rahul Gandhi’s dismissal
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 …
India’s Rahul Gandhi says he won’t stop asking Modi questions
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 …
India’s bluechip Nifty index to snap seven-yr winning run -BofA Global Research
(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 …
India’s strong corporate debt profile key to macroeconomic stability – fin min
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 …
Japan’s Kishida to announce new Indo-Pacific plan, seek India’s support
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 …
World should move on from Ukraine war, focus on poverty – India’s G20 negotiator
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 February exports rise despite global weakness
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 …
‘No relation to SVB’: India’s SVC Bank acts to calm depositors amid brand name confusion
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 …
India’s Adani prepays $2.15 billion share-backed loans
(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 …
India’s inflation seen easing slightly in February, still above RBI target – Reuters poll
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 …
India’s oil deals with Russia dent decades-old dollar dominance
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 …
Apple iPhones to be assembled at new plant in India’s Karnataka state
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 …
India’s Adani to hold fixed-income road shows in London, Dubai, US
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 …
India’s Jan infrastructure output grows 7.8% y/y, fastest in four months
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 …
India’s passenger vehicle sales to grow 9%-10% in 2024 – Crisil Ratings
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 …
G20 exploring cryptocurrency regulation, India’s finance minister says
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman …
India’s industrial output rose 4.3% y/y in December
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 …