Reuters India

(Reuters) -Britain should take action after a violent incident during protests outside India’s embassy in London last month, India’s Prime Minister Narendra Modi told British counterpart Rishi Sunak on Thursday. New Delhi has been upset about protests and vandalism by Sikh separatists – who seek an independent Sikh homeland called Khalistan – outside the Indian …

India’s Modi raises embassy security with UK’s Sunak after vandalism Read More »

WASHINGTON (Reuters) – Indian Finance Minister Nirmala Sitharaman said on Thursday there was a greater acceptance among Group of 20 member countries that any new regulations on the crypto assets need to be globally coordinated, and said crypto assets not backed by central banks can fall and cause macroeconomic instability. “The G20 and its members …

India says G20 members see need for global crypto regulations Read More »

By Rupam Jain NEW DELHI (Reuters) – The head of Tibet’s government-in-exile on Thursday defended the Dalai Lama over footage of him asking a boy to suck his tongue, saying the incident had demonstrated the country’s spiritual leader’s innocent and affectionate side. The Nobel peace laureate apologised after the footage from a public event, which …

Dalai Lama ‘unfairly labelled’ over tongue video – Tibet govt-in-exile Read More »

By Sethuraman N R and Nishit Navin BENGALURU (Reuters) -Infosys Ltd on Thursday forecast revenue growth would hit a six-year low this fiscal as India’s No.2 IT services exporter grapples with clients clamping down or deferring spending due to growing fears of a recession in many countries. Infosys said it expects revenue to increase 4%-7%, …

Infosys revenue growth to hit six-year low as client spending falls Read More »

NEW DELHI (Reuters) – India on Thursday countered Pakistan’s objection to the holding of Group of 20 (G20) meetings in the Himalayan regions of Kashmir and Ladakh, saying it was free to hold meetings on its own territory. Kashmir is claimed in full but ruled in part by the two nuclear-armed neighbours who have fought …

India defends G20 Kashmir venue, countering Pakistan criticism Read More »

By Bharath Rajeswaran BENGALURU (Reuters) – Inflows into Indian equity mutual funds jumped 31% sequentially to 205.34 billion rupees ($2.51 billion) in March, the highest in 12 months, data from the Association of Mutual Funds in India (AMFI) showed on Thursday. GRAPHIC – Net equity inflows rises to highest in a year in March https://www.reuters.com/graphics/EQINFLOWS-MAR/MAR-EQINFLOWS/klvygmmjzvg/chart.png …

India equity mutual fund inflows rise to 1-year high in March – industry data Read More »

NEW DELHI (Reuters) – India’s exports of merchandise and services rose by 6% in the fiscal year to March 31, Indian government data released on Thursday showed, while imports from Russia surged. A Reuters calculation put India’s merchandise trade deficit in March at $19.73 billion, higher than the $17.43 billion recorded in the previous month, …

Indian exports up 6% in year to end-March, Russian imports surge Read More »

By Aditi Shah and Yagnoseni Das NEW DELHI (Reuters) -Sport-utility vehicles (SUVs) made up more than half of India’s record 4 million passenger vehicle sales in fiscal year 2022-23, data showed on Thursday, signalling growing popularity of the relatively pricier vehicles in a budget-conscious market. Automakers have sharpened their focus on producing SUVs, as consumers continue to …

SUVs boost India’s passenger vehicle sales to record high in FY23 Read More »