China is becoming of age as the number of Chinese of working age peaked a decade ago, writes the Economist. And its population will be surpassed by India on April 14th, according to UN estimates. Part of China’s economic miracle came from the swiftest demographic drop in history, when child per woman fell from more …
India – most populous country 2023 – to reap the benefits of youth Read More »
By Nivedita Bhattacharjee and Nandan Mandayam BENGALURU (Reuters) – Large parts of India’s tech capital Bengaluru were under water on Monday after torrential rains uprooted trees, caused crippling traffic and forced offices to issue work-from-home orders to employees, raising fears of further disruptions through the week. The Bangalore Urban district on Sunday received 28.1 mm …
India’s Bengaluru hit by flooding, traffic snarls after heavy rain Read More »
(Reuters) -Singaporean utilities firm Sembcorp Industries has agreed to sell its Sembcorp Energy India Limited unit to Tanweer Infrastructure Pte for 117.34 billion rupees ($1.47 billion), it said on Monday. The deal is part of Sembcorp Industries’ strategy to shift to green energy generation, the company said in a filing to the Singapore Stock Exchange. …
Singapore’s Sembcorp Industries to sell India energy unit for $1.5 billion Read More »
By Brijesh Patel (Reuters) – Gold prices held above the key $1,700 per ounce level on Monday, as hopes that the Federal Reserve might slow the pace of rate increases after mixed U.S. jobs data helped offset pressure from a robust dollar. Spot gold was up about 0.1% at $1,712.89 per ounce by 1302 GMT. …
Gold firms above $1,700/oz on hopes of less aggressive Fed Read More »
By Munsif Vengattil NEW DELHI (Reuters) – India has summoned executives of Wikipedia after a national cricketer’s page on the online encyclopedia was edited following a match with rival Pakistan to claim that he was linked to a Sikh separatist movement, a government source said on Monday. Indian cricketer Arshdeep Singh has incurred the wrath …
India summons Wikipedia officials over cricketer bio tweak after Pakistan match Read More »
By Rama Venkat BENGALURU (Reuters) -Indian shares closed higher on Monday on gains in metals and banking stocks after logging their second straight weekly loss in the previous session, while investors eyed an OPEC+ meeting later in the day for the direction of oil prices. The NSE Nifty 50 index was up 0.72% at 17,665.80 …
Indian shares end higher on boost from metals, banks Read More »
LUCKNOW, India (Reuters) – Ten people were missing after an overloaded wooden boat with 54 people on board capsized in the northern Indian state of Bihar, police officials said on Monday. Rescue workers were scouring the Ganges river near Shahpur town in Bihar, nearly 18 hours after the boat capsized on Sunday evening, Mohammad Shafir …
Ten missing after boat carrying dozens capsizes in north India Read More »
By Anushka Trivedi (Reuters) – The Indian rupee was little changed on Monday against a surging dollar, with traders pointing to likely intervention by the Reserve Bank of India to keep the local currency in check. The partially convertible rupee was down 0.07% at 79.8475 by mid-morning, trading in a narrow 4 paisa range. “One …
(Reuters) – STOCKS: The benchmark BSE Sensex rose 469.3 points, or 0.8%, to 59,272.63, while the broader NSE index gained 130.5 points, or 0.74%, to 17,669.95 as metal stocks rallied. Aluminium producer Hindalco Industries and JSW Steel were the top gainers on the Nifty 50 index. [.BO] RUPEE: The rupee weakened 0.1% to 78.8825 against …
By Aftab Ahmed and Swati Bhat NEW DELHI (Reuters) – India will stick to its annual market borrowing plan when the government announces its October-March fiscal calendar by the end of this month, three officials told Reuters, despite taking a series of budget measures to control inflation. By the end of September, the government will …
India to stick to 2022/23 borrowing plan in Sept review – sources Read More »
