BENGALURU – India’s retail inflation likely cooled from recent highs to a three month low in February, due to moderating food prices, but remained above the Reserve Bank of India’s target band, a Reuters poll of economists found. Inflation eased to 6.80%, significantly lower than January’s 7.59%, according […]
BENGALURU – Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets lower, as panic over the economic fallout of the coronavirus outbreak intensified and oil prices plummeted. The NSE Nifty 50 index closed down 4.90% at 10,451.45, its worst daily […]
LUCKNOW, India – The top court in India’s most populous state ordered authorities on Monday to remove large displays of the names, pictures and addresses of dozens of anti-government protesters, amid fears that they encourage attacks by vigilante mobs. The government of Uttar Pradesh in northern India put […]
MUMBAI/HONG KONG – The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts said. The take over of Yes Bank by India’s […]
The ATP and WTA tennis tournament in Indian Wells, California, has been cancelled over fears surrounding the new coronavirus outbreak, making it the first major sports event in the US to be scrubbed due to health concerns. The tournament, one of the biggest outside the four tennis Grand […]
WASHINGTON — The two top Democratic leaders in Congress are calling on President Donald Trump to support a series of steps to help Americans deal with the coronavirus outbreak — from paid sick leave to widespread and free testing and other moves. House Speaker Nancy Pelosi and Senate […]
SCHIPHOL, Netherlands — Three Russians and a Ukrainian went on trial Monday in the Netherlands, charged with multiple counts of murder for their alleged involvement in the 2014 downing of Malaysia Airlines Flight 17, which killed all 298 people aboard. As expected, the suspects did not appear in […]
BEIJING — As the rest of the world grapples with a burgeoning virus outbreak, China’s ruling Communist Party has deployed its propaganda playbook to portray its leader as firmly in charge, leading an army of health workers in a “people’s war” against the disease. The main evening news […]
CAIRO — Sudan’s prime minister survived an assassination attempt Monday after an explosion went off near his convoy in the capital of Khartoum, Sudan’s state media said. Abdalla Hamdok’s office and his family confirmed he was safe following the explosion. Sudanese state TV said Hamdok, a longtime economist, […]
WASHINGTON — Kamala Harris endorsed Joe Biden on Sunday and said she would “do everything in my power″ to help elect him, becoming the latest dropout from the Democratic race for president to line up behind the former vice president in his battle with Bernie Sanders for the […]
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