MUMBAI (Reuters) – Canadian pension fund Ontario Teachers’ Pension Plan has agreed to buy a 30% stake for 23.71 billion rupees ($297.5 million) in Indian …
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India said on Friday it will have to front-load its monetary policy to fight stubborn …
By Mukhammadsharif Mamatkulov SAMARKAND, Uzbekistan (Reuters) – Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Friday that now was not the time …
By Arsh Tushar Mogre BENGALURU (Reuters) – India’s current account deficit likely widened to its highest in nearly a decade in the April-June quarter, driven …
By Suchitra Mohanty NEW DELHI (Reuters) – India’s Supreme Court on Friday granted bail to a journalist two years after he was arrested on accusations …
MUMBAI (Reuters) – India’s overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central …
MUMBAI (Reuters) – India reported on Friday that its trade deficit narrowed slightly to $28.7 billion in August from a record high of $30 billion …
By Indradip Ghosh BENGALURU (Reuters) – India’s dominant services industry grew faster than expected in August thanks to a solid expansion in demand and a …
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – India’s lower-than-expected economic growth in April-June is unlikely to alter the course for the Reserve Bank of India …
ABOARD AIR FORCE ONE (Reuters) – The United States is concerned about India’s plans to participate in joint military exercises with Russia, White House press …
By Nidhi Verma and Sudarshan Varadhan NEW DELHI (Reuters) – Reliance Industries Ltd, operator of the world’s biggest refining complex, will invest 750 billion rupees …
By Arsh Tushar Mogre BENGALURU (Reuters) – India likely recorded strong double-digit economic growth in the last quarter but economists polled by Reuters expected the …
By Aditya Kalra NEW DELHI (Reuters) – India’s top crypto app CoinSwitch is cooperating with the national financial-crime agency, whose agents searched its offices this …
By Nupur Anand and Aditya Kalra MUMBAI (Reuters) – India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan …
By Vivek Mishra BENGALURU (Reuters) – India’s economy is forecast to have expanded by an annual 15.2% in the April-June quarter, thanks to a weak …
MUMBAI (Reuters) – India’s strong growth offers room for the Reserve Bank of India to raise rates by another 60 basis points as the central …
By Syed Raza Hassan KARACHI, Pakistan (Reuters) – Pakistan rejected India’s closure of the incident of the firing of a supersonic missile into Pakistani territory …
NEW DELHI -India’s wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in …
BENGALURU – Indian low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its …
By Rupam Jain and M. Sriram MUMBAI -India’s best-known stock investor Rakesh Jhunjhunwala, dubbed the country’s Warren Buffett, died on Sunday, prompting an outpouring of …
(Reuters) – Tata Motors Ltd signed an agreement on Sunday to buy Ford Motor’s manufacturing plant in the western state of Gujarat for 7.26 billion …
MUMBAI – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current …
MUMBAI – India’s bigger retailer Reliance said on Thursday that had signed a long-term franchise deal with French fashion house Balenciaga, the latest in a …
MUMBAI – India’s trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, …
By Rajendra Jadhav MUMBAI – India’s gold demand in the first half of 2022 jumped 42% from a year ago but consumption in the second …
NEW DELHI – The Indian government’s COVID-19 vaccinations hit 2 billion on Sunday, with booster doses underway for all adults, as daily infections hit four-month …
SEOUL – South Korean battery maker LG Energy Solution is set to supply batteries to Mahindra & Mahindra’s first electric sports utility vehicle (SUV), a …
MUMBAI – India’s central bank will continue calibrating policy to preserve and foster macroeconomic stability while bringing down inflation and will remain flexible in its …
BENGALURU – Shares of India’s Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the …
NEW DELHI – India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May’s trade …
NEW DELHI – The leader of India’s main opposition party, Sonia Gandhi, has been admitted to hospital in New Delhi with health issues related to …
By Kavya Guduru (Reuters) – India’s fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in …
NEW DELHI – India’s government in April launched its Open Network For Digital Commerce (ONDC) as a prospective alternative to dominant global giants Amazon.com and …
By Manoj Kumar AGRA, India – In his small shoe factory in the Indian city of Agra, Rajesh Kumar, his two brothers and three workers …
BENGALURU – India’s factory activity expanded at a better-than-expected pace last month as overall demand remained resilient despite persistently high inflation, encouraging firms to hire …
By Munsif Vengattil NEW DELHI – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s Google, media …
By Manoj Kumar NEW DELHI – T.L. Wali, a 66-year-old lawyer in Delhi’s high court, had been looking forward to retirement. But with India’s living …
By Aditya Kalra DAVOS, Switzerland – India’s Andhra Pradesh has signed renewables investment pacts worth a total of around $16 billion with three companies including …
NEW DELHI – India’s Jet Airways said on Friday the country’s aviation regulator has cleared it to resume operation of commercial flights. Once India’s biggest …
(Reuters) – Soaring inflation, supply chain issues and the hit from the Ukraine war will bring an end to the growth boom India’s IT services …
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on …
NEW DELHI – India’s economic growth rate is likely to slow if the central bank hikes interest rates, Finance Secretary TV Somanathan told CNBC TV18 …
(Reuters) – From hospitals, funeral pyres and remote villages to a Himalayan hillside, car parks and temples, Reuters photographers produced coverage of the coronavirus pandemic …
By Manoj Kumar NEW DELHI – Indian financial consultant Waqar Khan has seen his income drop by about a fifth since the coronavirus pandemic began. …
(Reuters) -Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, …
By Aditya Kalra NEW DELHI – India’s $8 billion Amul dairy group said on Monday it is bracing for disruptions and higher input costs for …
MUMBAI – U.S. investment firm Invesco is set to cut its holding in India’s Zee Entertainment by more than a third to 11%, it said …
By Indradip Ghosh BENGALURU – India’s factory activity expanded at a slower pace in March as rising prices meant new orders and output grew at …
NEW DELHI – NTPC Ltd’s $2.81 billion coal-fired power plant, which is currently under construction in India, may face supply issues from Russian entities, India’s …
By Abhijith Ganapavaram and Chandini Monnappa HYDERABAD, India – India’s civil aviation minister urged Indian airlines on Friday to add more long-haul aircraft to their …