NEW DELHI (Reuters) -India’s junior IT minister on Thursday said there was no issue with cryptocurrencies in India if all laws are followed, in remarks that contradicted the central bank’s view advising investors to stay away from crypto. India has been trying to come up with regulation for cryptocurrencies, with a central bank deputy governor …
No issue with crypto in India if laws are followed – minister Read More »
BENGALURU (Reuters) – India’s Hindustan Zinc, owned by mining conglomerate Vedanta Group, reported a drop in third-quarter profit on Thursday, hit by lower zinc prices and silver production. The zinc, silver and lead miner said consolidated net profit fell 20.2% year-over-year to 21.56 billion rupees (about $265 million) in the quarter ended Dec. 31. The …
Indian miner Hindustan Zinc’s Q3 profit falls on lower prices, output Read More »
(Reuters) – NextDecade Corp said on Thursday it will supply 1 million metric tonnes of liquefied natural gas per annum to Japan’s Itochu Corp for 15 years from its Rio Grande LNG export project in Brownsville, Texas. NextDecade’s shares rose 2.7% to $5.35 in premarket trading. The deal is the latest in a series of …
NextDecade signs LNG supply deal with Japan’s Itochu Corp Read More »
KABUL (Reuters) – At least 78 people have died of cold in Afghanistan during the country’s worst winter in more than a decade, authorities said on Thursday. Deaths from the cold have been recorded in eight of the country’s 34 provinces, officials said. The coldest winter in 15 years, which has seen temperatures dip as …
Freezing temperatures kill 78 people in Afghanistan Read More »
MUMBAI (Reuters) – The Reserve Bank of India (RBI) bought a net of $4.36 billion in the spot foreign exchange market in November, data released on Thursday as part of the central bank’s monthly bulletin showed. The RBI said it purchased $22.28 billion and sold $17.92 billion in the spot market. The Indian rupee strengthened …
India cenbank bought net $4.36 billion in spot forex market in November – bulletin Read More »
NEW DELHI (Reuters) – Olympic medal-winning Indian wrestlers have accused the chief of their sport’s governing body and its coaches of sexually harassing female players and have vowed to protest until the federation is disbanded and its head investigated. Olympic bronze winners Sakshi Malik and Bajrang Punia, and Commonwealth Games women’s gold winner Vinesh Phogat, …
Top Indian wrestlers accuse sports body chief of sexual harassment Read More »
By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India’s 2023 monetary policy objective is to hold inflation within the mandated tolerance band and guide it towards the medium-term target of 4% by 2024, it said in its monthly bulletin published on Thursday. Recent data indicated “the first milestone of monetary policy is being …
India cenbank to guide inflation towards 4% target by 2024 – bulletin Read More »
NEW DELHI (Reuters) -India’s foreign ministry on Thursday dismissed a BBC documentary on Prime Minister Narendra Modi which questioned his leadership during the 2002 Gujarat riots as “propaganda”. Modi was the chief minister of the western state of Gujarat when it was gripped by communal riots that left more than 1,000 people dead – most …
India says BBC documentary on India PM Modi is “propaganda” Read More »
By Praveen Paramasivam and Meenakshi Maidas BENGALURU (Reuters) -India’s Hindustan Unilever (HUL) posted a bigger-than-expected quarterly profit on Thursday, helped by growing demand for its personal care products, and said it would pay higher royalty fees to parent Unilever. Mumbai-based HUL said the royalty and central services fees it pays UK-based Unilever, which has a …
Unilever India posts Q3 profit beat, to pay higher royalties to UK parent Read More »
By Catarina Demony and Pedro Nunes LISBON (Reuters) – Portuguese authorities are evaluating whether surveillance cameras recently installed around the Chinese embassy in Lisbon are legal after local residents raised privacy concerns. Three big 360-degrees surveillance cameras surround the embassy. The cameras were installed around two months ago, a resident who wished to remain anonymous …
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