US, UN express concern about India’s religion-based citizenship law
By Kanishka Singh WASHINGTON (Reuters) -The U.S. government and the United Nations on Tuesday expressed concerns about a contentious religion-based citizenship law in India, with the UN calling the legislation “fundamentally discriminatory…
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 debt-to-GDP ratio stood at the same level…
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 was nationalised nearly seven decades ago. 2022…
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 on strongman Prime Minister Narendra Modi, which…
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 is not just about smearing hues on…
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 parliament on Monday in protest against the…
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 Prime Minister Narendra Modi tough questions about…
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 end-2022, as company earnings will be hit…
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 finance ministry said in a monthly report…
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 and free Indo-Pacific in New Delhi and…
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 G20 summit negotiator Amitabh Kant said…
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 on Wednesday, helped by petroleum, electronics and…
‘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 (SVB) in California caused confusion and concern…
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 its deadline of March 31. The Gautam…
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 threshold for a second straight month, keeping…
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 oil trade as most deals with India…
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 aside to set up a factory, the…
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 a document seen by Reuters, as the…
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 in fertiliser, coal and electricity output, government…
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 and easing chip shortages prop-up the world’s…
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 said on Saturday. Given the sophisticated technologies…
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 than the 4.5% expected by analysts polled…
India’s Adani still eligible to be part of influential JPMorgan bond indexes
SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still eligible for…
India’s central bank widely seen delivering final 25 bps hike
By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its policy interest rate by a quarter percentage point to mark its final increase in the current tightening…
India’s largest mortgage lender HDFC misses Q3 profit view on higher funding costs
BENGALURU (Reuters) – Housing Development Finance Corp (HDFC), India’s largest mortgage lender, reported a 13.2% rise in third-quarter profit on Thursday, missing estimates, as higher funding costs took the shine off strong…
India’s Adani calls off $2.5 billion share sale
NEW DELHI (Reuters) – India’s Adani Enterprises on Wednesday called off its $2.5 billion share sale, citing market conditions, a week after a U.S. short-seller’s critical report unleashed a rout in the…
Breaking News
