Aug 4 – The rupee was near its record low on Thursday as traders took to the sidelines ahead of the Reserve Bank of India’s monetary policy decision. The partially convertible rupee eased 0.4% to 79.4650 per dollar, having tumbled to 79.8075 earlier in the day, its lowest […]
MUMBAI, Aug 2 – The Indian rupee forward premiums slipped from six-week highs as exporters sold dollars aggressively for maturities beyond six months. The July premium declined to 2.49 rupees from 2.53 in the previous session and the 1-year implied yield dropped to 3.21% from 3.24%. The rupee […]
KOCHI, India, Aug 1 – India confirmed its first monkeypox death on Monday, a young man in the southern state of Kerala, in what is only the fourth known fatality from the disease in the current outbreak. Last week, Spain reported two monkeypox-related deaths and Brazil its first. […]
NEW DELHI, July 30 – Indian Prime Minister Narendra Modi on Saturday urged state governments to clear their bills and dues to power distribution firms to help ensure stability in the energy sector to meet consumer demands. Modi said state governments must address outstanding dues to distribution companies, […]
BENGALURU, July 28 – Consumer goods conglomerate Nestle India Ltd (NEST.NS) said it was seeing early signs of softening of prices in commodities such as edible oil and packaging materials, against the backdrop of surging inflation. Nestle, which sells the popular Maggi instant noodles, KitKat chocolates and Nescafe coffee in […]
BENGALURU, July 26 – Indian shares closed lower on Tuesday, with technology stocks bearing the brunt as investors turned wary of a likely sharp hike in U.S interest rate this week. The NSE Nifty 50 index (.NSEI)lost 0.88% to 16,483.85, with a similar drop in S&P BSE Sensex (.BSESN)to 55,268.49. […]
NEW DELHI, July 25 – India’s first president from a marginalised tribal community, Droupadi Murmu, said on Monday after being sworn in that her election was an “achievement of every poor person in the country”. Murmu’s elevation to India’s highest constitutional post has been seen as an important […]
MUMBAI, July 21 – Indian lawmakers on Thursday chose Droupadi Murmu as the country’s first president from the tribal community. “India scripts history,” Prime Minister Narendra Modi said on Twitter. “A daughter of India hailing from a tribal community born in a remote part of eastern India has […]
NEW DELHI, July 21 – Indian opposition leader Sonia Gandhi was questioned by money laundering investigators on Thursday, prompting her Congress Party to accuse Prime Minister Narendra Modi’s government of running a “political vendetta”. The complaint against 75-year-old party president and her son Rahul Gandhi was lodged nine […]
SRINAGAR, July 9 – At least 16 people have been killed after sudden rains triggered flash floods during an annual Hindu pilgrimage to the cave shrine of Amarnath in Indian Kashmir, a government official said on Saturday. More than two dozen people have been reported missing and rescue […]
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