(Refiles to fix paragraph 6 to say Chandrayaan-2 mission was launched in 2019, not 2020) BENGALURU (Reuters) -India’s space agency launched a rocket on Friday that will attempt to land a spacecraft at the lunar south pole, an unprecedented feat that would advance India’s position as a major space power. Television footage showed the Indian …
India launches rocket to land spacecraft on moon’s south pole Read More »
By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce the start of a rupee-dirham payment mechanism to settle bilateral trade during Prime Minister Narendra Modi’s visit to Abu Dhabi on Saturday, industry and government sources said. Sources said on Friday that India would use …
Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources Read More »
By Jayshree P Upadhyay (Reuters) – India is taking an alternate approach towards disclosures norms related to environmental, social and governance (ESG) metrics compared to some other global economies, said a senior executive at KPMG. India’s market regulator on Wednesday mandated that the top 150 listed companies by market capitalisation would have to give “reasonable …
India taking alternate road to ESG reporting – KPMG global audit head Read More »
BENGALURU (Reuters) – Shares of Indian information technology companies surged 4.5% on Friday, in their biggest one-day jump since September 2020, boosted by strong deal pipelines and rising expectations of an imminent pause in U.S. rate hikes. The Nifty IT stocks have lagged the blue-chip indexes for a large part of the year due to …
Indian IT shares log best day in 3 years on easing rate worries, strong deal pipeline Read More »
NEW DELHI (Reuters) – India’s lawmakers will consider a new drugs bill next week on rules for importing, manufacturing and selling medicines, according to a parliamentary notice on Thursday, as the country seeks to draw lessons from a deadly cough syrup scandal. India’s “pharmacy of the world” image has suffered some damage after cough syrups …
India to consider new drugs bill to regulate imports, manufacturing Read More »
By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -Indian refiners have settled some payments for Russian oil imports in Chinese yuan, but the U.S. dollar remains the dominant currency for such payments, a senior government official said. India became one of the biggest buyers of Russian crude after Western sanctions imposed on Moscow over …
Indian refiners used yuan to pay for some Russian oil imports – official Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open higher on Friday as the U.S. dollar slid even further on bets that the Federal Reserve is near halting its rate hike cycle. Non-deliverable forwards indicate rupee will open at around 82 to the U.S. dollar compared with 82.0725 in the previous …
Rupee to rise tracking further dollar losses on Fed outlook Read More »
BENGALURU (Reuters) – Indian shares are likely to post a subdued open on Friday after hitting record highs in the previous session but are still headed for their third straight week of gains amid hopes that the U.S. Federal Reserve could pause rate hikes this month. India’s GIFT Nifty on the NSE International Exchange was …
(Reuters) – India skipper Rohit Sharma and debutant Yashasvi Jaiswal both hit centuries in an opening stand of 229 runs to put the tourists firmly in charge of the first test against the West Indies on the second day at Windsor Park in Roseau on Thursday. Left-hander Jaiswal batted through the day in his first …
Cricket-Debutant Jaiswal, Rohit score hundreds as India take charge in Dominica Read More »
NEW DELHI (Reuters) – India’s finance ministry is not considering any duty waivers for U.S. automaker Tesla Inc, Revenue Secretary Sanjay Malhotra told Reuters on Thursday. Last month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a “significant investment” in the country, adding that such an …
India’s finance ministry not considering tax waivers for Tesla – senior official Read More »
