Reuters Asia

Stress seen as major cause of Indian military fratricides, suicides

By Krishn Kaushik NEW DELHI (Reuters) – The arrest of an Indian soldier over the killing of four others at a military base has brought into focus the issue of fratricide in the country’s military and paramilitary forces. Fratricide, in military parlance, refers to a soldier or security personnel killing their own colleagues. Multiple studies …

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China ‘greatest threat’ to Dutch economic security, Dutch intelligence says

AMSTERDAM (Reuters) – China is the greatest threat to Dutch economic security, the Netherlands’ intelligence service said on Monday in an annual assessment of threats it said included commercial espionage and covert investments. Citing Russia’s invasion of Ukraine, it also said Russia was a major threat to national security. While the Netherlands regards China as …

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Indian shares snap 9-day winning streak as Infosys leads IT tumble

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares snapped a nine-day winning streak after Infosys tumbled over 9% and sparked a selloff in IT stocks, following the country’s No. 2 IT services exporter’s weak quarterly results and forecast. The Nifty 50 closed 0.68% lower at 17,706.85. IST, while the S&P BSE Sensex lost 0.86% to 59,910.75. …

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Eleven people die of sunstroke near Mumbai after open-air award function

MUMBAI (Reuters) – At least eleven people died on Sunday after suffering from sunstroke at an event attended by India’s home minister on the outskirts of Mumbai, the chief minister of Maharashtra state said. Hundreds of thousands of people attended an award function on Sunday afternoon where federal home minister Amit Shah presented an award …

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India’s Infosys tumbles 15% on weak revenue outlook, dents sector

By Nishit Navin BENGALURU (Reuters) -Shares of Infosys Ltd slumped nearly 15% on Monday, dragging peers and the benchmark index, after the company’s dismal revenue outlook raised concerns about demand for Indian IT services amid a global banking turmoil and recession fears. Infosys’ outlook last week followed a disappointing quarterly report from larger rival Tata Consultancy …

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India government calls same-sex marriage appeals ‘urban elitist views’

By Arpan Chaturvedi NEW DELHI (Reuters) – Court appeals in India to legalise same-sex marriage are “urban elitist views”, the government has said in a new court document that seeks the dismissal of the challenge and says that parliament is the right platform to debate the matter. Prime Minister Narendra Modi’s government has already opposed …

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India’s March wholesale inflation eases to 30-month low on easing input prices

NEW DELHI (Reuters) – India’s annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in March was 1.34% year-on-year, lower than 3.85% in the previous month and a Reuters poll of 1.87%. In March, the food index rose 2.32% …

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