By Rama Venkat BENGALURU (Reuters) -Shares in India’s Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger with Sony’s local unit fanned concern that it will fail to thrive. At least six brokerages said investors should sell Zee’s stock in …
India’s Zee slides 30%, Sony deal collapse stokes worries about its prospects Read More »
(Reuters) – Following is a factbox on the five-match test series between India and England beginning in Hyderabad on Thursday: FIXTURES First test: Jan. 25-29, Hyderabad Second test: Feb. 2-6, Vishakhapatman Third test: Feb. 15-19, Rajkot Fourth test: Feb. 23-27, Ranchi Fifth test: March 7-11, Dharamsala *Play begins 0400 GMT/0930 local INDIA World ranking: 2 …
By Amlan Chakraborty NEW DELHI (Reuters) – India have not lost a test series at home in more than a decade but that formidable record will be under threat when Rohit Sharma’s side take on England in a five-match series beginning in Hyderabad on Thursday. Ben Stokes returns from knee surgery to skipper the side …
Cricket-India put proud home record on the line against flamboyant England Read More »
NEW DELHI (Reuters) – The Indian government has increased the import duty on gold and silver findings, used in making jewellery, and on precious metal coins to 15% from 11%, effective from Jan. 22, to bring them in line with duties on gold and silver bars. In a notification issued on Monday, India’s Ministry of …
India raises import duty on gold, silver jewellery findings Read More »
BENGALURU (Reuters) -Shares of India’s ICICI Bank hit a record 1,059.4 rupees on Tuesday after its third-quarter profit beat estimates on robust loan growth and margins met expectations. The private lender rose as much as 5% in the session and was the sole stock posting gains on the Nifty Bank index, which was down 0.7%. …
India’s ICICI Bank hits record high on profit beat, margin comfort Read More »
By Anant Chandak and Milounee Purohit BENGALURU (Reuters) -The Indian government will target a lower deficit in the 2024-25 fiscal year despite lifting capital expenditure to an all-time high, according to a Reuters poll of economists who said infrastructure investment would be a priority. Being an election year, when the Bharatiya Janata Party (BJP) led …
India’s interim budget to reduce fiscal deficit in election year, focus still on capex Read More »
(This Jan. 16 story has been corrected to reflect the lack of official figures for December in paragraph 6) By Steve Scherer OTTAWA (Reuters) – The number of study permits Canada issued to Indian students fell sharply late last year after India ejected Canadian diplomats who would process the permits and fewer Indian students applied …
Canada minister says study permits to students from India drop due to dispute Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold prices eased on Monday as investors rolled back expectations of a U.S. interest rate cut at the end of March, with a surge in equity markets further dampening interest in safe-haven bullion. Spot gold was down 0.5% at $2,020.09 per ounce at 1:49 p.m. ET (1849 GMT). U.S. …
Gold slides on trimmed US rate cut bets, rallying equities Read More »
By Krishna N. Das NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi on Monday inaugurated one of the holiest Hindu temples and his government has been spending millions of dollars to develop many others, boosting tourism and his appeal among the majority community ahead of elections. Apart from a $6 billion makeover of the …
(Reuters) – England bowler Shoaib Bashir’s arrival in India for the five-match test series has been delayed by visa issues, head coach Brendon McCullum said on Monday. Bashir, who is of Pakistani heritage, is one of three uncapped players named in the England squad for the upcoming series, which kicks off in Hyderabad on Thursday. …
Cricket-Visa issues delay England bowler Bashir’s arrival in India Read More »
