MUMBAI (Reuters) – India’s Supreme Court halted on Tuesday plans for a survey of a centuries-old mosque to determine if it contained Hindu relics and symbols, just days before another key temple, built on a razed mosque, is set to be inaugurated. Prime Minister Narendra Modi will preside at Monday’s event centred on a temple …
India’s top court halts plans for survey of centuries-old mosque Read More »
By Rama Venkat BENGALURU (Reuters) -Shares of India’s Jio Financial Services (JFS) dropped more than 5% on Tuesday, a day after the company said its third-quarter profit more than halved sequentially, while some investors booked gains following a recent rally. JFS’ shares were down 5.3% in afternoon trade on Tuesday, on track for their worst …
India’s Jio Financial Services slides on weaker earnings, profit booking Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee declined on Tuesday, bogged down by the dollar’s rally on the back of higher U.S. Treasury yields and tepid risk. The rupee was at 82.9750 to the U.S. dollar at 11:02 a.m. IST, down from 82.88 in the previous session. The domestic currency’s decline was smaller …
Rupee dips, but remains in favour with most interbank traders Read More »
TOKYO (Reuters) -U.S. military helicopters in Japan are set to deploy to the earthquake-hit Noto peninsula on the country’s west coast to help with relief efforts in communities cut off by the disaster, sources familiar with the matter said. The quake has destroyed roads and evacuations by sea are difficult, meaning some vulnerable people can …
U.S. military helicopters to deploy to Japan’s earthquake-hit area – sources Read More »
By Hyunsu Yim SEOUL (Reuters) -North Korean leader Kim Jong Un on Monday called for the constitution to be changed to ensure that South Korea is seen as the “primary foe” and warned his country did not intend to avoid war should it happen, state media KCNA reported on Tuesday. In a speech to the …
North Korea’s Kim calls for South to be seen as “primary foe”, warns of war Read More »
KUALA LUMPUR (Reuters) – Malaysia has exempted the imposition of capital gains tax and taxes on foreign-sourced income on unit trusts, its second finance minister said on Tuesday. The exemption on foreign-sourced income is effective from Jan. 1, 2024 until Dec. 31, 2026 while the exemption on capital gains tax is effective from Jan. 1, …
MANILA (Reuters) – The Philippines hopes to sign in the first quarter of the year an agreement with Japan allowing the deployment of military forces on each other’s soil, Manila’s defence minister said on Tuesday. The Philippines is strengthening its ties with neighbours and other countries to counter what it calls an increasingly aggressive Beijing …
Philippines hopes to sign troops pact with Japan in Q1 Read More »
By Tetsushi Kajimoto and Kentaro Sugiyama TOKYO (Reuters) – Japan’s biggest business lobby Keidanren is set on Tuesday to call on its members, including many top blue chip companies, to raise workers’ pay to ease the pain of rising living costs and put a decisive end to deflation. What’s at stake for this year’s wage …
Japan business lobby calls for higher pay, paves way for BOJ policy normalisation Read More »
BENGALURU (Reuters) – S&P Global Ratings upgraded Vedanta Resources, the London-based parent of Indian miner Vedanta Ltd, on Monday, citing a more “manageable” debt maturity profile after a recent debt restructuring, which the rating agency blamed for a downgrade just days back. The rating agency raised its long-term issuer credit rating on Vedanta Resources from …
S&P upgrades Vedanta Resources just days after a downgrade Read More »
By Shivangi Acharya NEW DELHI (Reuters) – Higher exports helped India’s merchandise trade deficit come in lower than expected at $19.8 billion in December, data showed on Monday, though officials signalled that the turmoil in the Red Sea could have an impact on this month’s figures. Economists polled by Reuters had expected a merchandise trade …
India sees December exports boost, but all eyes on Red Sea Read More »
