MUMBAI, May 13 – State Bank of India (SBI) (SBI.NS) missed fourth-quarter profit estimates despite record earnings as higher overhead costs and interest expenses weighed, with a rise in new bad loans sending shares falling to lowest levels in over two months. Shares of SBI, India’s biggest lender widely seen […]
May 10 – From hospitals, funeral pyres and remote villages to a Himalayan hillside, car parks and temples, Reuters photographers produced coverage of the coronavirus pandemic in India that captured the spread of the disease and its remorseless toll. The Reuters team won the 2022 Pulitzer Prize for […]
KATHMANDU, May 7 – An Indian climber died during a summit push on Mount Kanchenjunga, the world’s third highest mountain, a hiking official said on Saturday. The death is the third to be reported on Nepal Himalayas during the current climbing season which started in March. Narayanan Iyer, […]
By Ritesh Shukla HINAUTI, India, May 6 – India’s scorching summer heat adds new risks this year to an energy-sapping challenge that tribal woman Munni Adhivasi has surmounted every day for two decades, by trudging for miles to carry home water. Munni, who said she feared dying in the […]
NEW DELHI, May 6 – India’s main opposition Congress party on Friday demanded a hefty rise in compensation for the families of those who died of COVID-19, after the World Health Organization estimated the country’s toll was nearly 10 times the reported figure. Prime Minister Narendra Modi’s government has rejected […]
May 5 – Almost three times as many people have died as a result of COVID-19 as the official data show, according to a new World Health Organization (WHO) report, the most comprehensive look at the true global toll of the pandemic so far. There were 14.9 million […]
MUMBAI, May 5 – Central Bank of India (CBI.NS), a state-owned commercial bank, plans to shut 13% of its branches to improve its financial health and bring an end to nearly five years of close scrutiny by the Reserve Bank of India, according to sources and a document seen […]
Summary Repo rate raised by 40 basis points to 4.40% CRR raised by 50 basis points to 4.50%, effective May 21 Growth getting stronger but continues to face global headwinds Benchmark bond yield jumps, rupee strengthens after rate hike MUMBAI, May 4 – India’s central bank raised its […]
NEW DELHI, May 3 – India’s western state of Maharashtra has registered 25 deaths from heat stroke since late March, the highest toll in the past five years, with more fatalities likely elsewhere in a country sweltering in temperatures over 40 degrees Celsius. Scientists have linked the early […]
NEW DELHI, April 30 – India has more than 40 million cases pending in lower courts, the country’s chief justice said on Saturday, highlighting a huge backlog in the legal system. Courts were falling short of judges crucial to their efficient function, NV Ramana told a conference attended […]
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