By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – India’s aviation authorities have ruled out intervening in a dispute between Akasa Air and its pilots after the budget carrier …
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By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack of any major inflows, …
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By Anant Chandak BENGALURU (Reuters) – Growth in India’s dominant services industry lost some steam in August but overall conditions remained strong despite elevated inflationary pressures, according to a business …
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BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47 billion rupees ($114.7 million), exchange data …
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By Munsif Vengattil and Dhanya Skariachan BENGALURU (Reuters) -India’s Reliance Industries Ltd on Monday appointed the three children of Chairman Mukesh Ambani as board directors at the oil-to-telecoms conglomerate, as …
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By Rajendra Jadhav and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) – A broad rise in prices of food essentials in India driven by uneven and scanty rain is forcing the government …
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By Rupam Jain NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Tuesday peace was returning to the strife-torn northeastern state of Manipur where at least 180 people have …
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By Siddhi Nayak MUMBAI (Reuters) – India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s lenders has seen such purchases grind to a standstill recently …
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NEW DELHI (Reuters) -India’s wholesale price index fell 1.36% year-on-year in July, but the decline was smaller than expected because of higher prices for food and some commodities. Economists polled …
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By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) -India’s industrial output growth rate slipped to a three-month low of 3.7% year-on-year in June, data from the Ministry of Statistics …
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WASHINGTON (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas …
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By Chris Thomas and Sethuraman N R BENGALURU (Reuters) -India’s Adani Group is confident of its governance and disclosure standards after a top court panel found no lapses at the …
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By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the monetary …
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By Nikunj Ohri and Sarita Chaganti Singh NEW DELHI (Reuters) – Brokering peace between Russia and Ukraine is beyond the remit of the G20 and such efforts will be best …
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By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to a Reuters calculation based on …
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BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn …
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By Dhwani Pandya MUMBAI (Reuters) – India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to …
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By Manoj Kumar and Jatindra Dash and Sumit Khanna BHUBANESWAR, India (Reuters) – The world’s major accounting firms are stepping up investments in new Indian facilities away from bigger cities …
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MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at …
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NEW DELHI (Reuters) – The U.S. ambassador to New Delhi expressed sorrow over the ethnic violence in India’s northeastern state of Manipur on Thursday, and while noting it was an …
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By Shaloo Shrivastava BENGALURU (Reuters) – India’s manufacturing industry expanded at the second-fastest rate this year in June, albeit at a slightly slower pace than in May, supported by robust …
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By Vivek Mishra and Anant Chandak BENGALURU (Reuters) – India’s current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a …
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MUMBAI (Reuters) – The Reserve Bank of India will likely start cutting the policy repo rate in early 2024 once headline inflation eases toward the 4% target, S&P Global Ratings …
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BENGALURU (Reuters) – Private equity firm Carlyle plans to sell its entire 2.53% stake in Indian logistics firm Delhivery via its special purpose vehicle for at least $86 million, according …
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By Bharath Rajeswaran BENGALURU (Reuters) – A roaring rally in mid- and small-cap stocks listed on Indian bourses could see abrupt corrections, as many of them trade at near or …