Category: India News

Exclusive: Indian refiners seeking 6-month Russian oil import deal

NEW DELHI, April 29 – Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month, multiple sources with knowledge of the matter said, as the world’s third largest importer seeks more Russian crude despite Western sanctions. India has already bought more […]

India too hot, says Modi, sending fire warning nationwide as Delhi landfill burns

NEW DELHI, April 27 – India is getting too hot too early, raising the risk of fires, Prime Minister Narendra Modi warned on Wednesday, as New Delhi sweltered in extreme heat and a burning landfill on the outskirts of the capital spewed toxic smoke into the air. “Temperatures […]

Prime Minister Shri Narendra Modi lays foundation stone of WHO Global Center for Traditional Medicine at Jamnagar, Gujarat

India’s traditional medicine system is a holistic science of life – Prime Minister Shri Narendra Modi Establishing of the Global Center will bring synergy and cooperation, would benefit all WHO member states: Shri Sarbananda Sonowal DELHI, APRIL 19: The Prime Minister Shri Narendra Modi laid the foundation stone […]

EXCLUSIVE India open to additional $2 bln aid for Sri Lanka with eye on China – sources

MUMBAI/NEW DELHI, April 13 – India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as New Delhi tries to regain ground lost to China in recent years. […]

Indian PM Modi suggests direct talks between Putin and Zelenskiy

WASHINGTON, April 11 – Indian Prime Minister Narendra Modi said on Monday that he has suggested for direct talks between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy, while adding that he found the situation in Ukraine to be very worrying. Modi’s remarks came before a virtual […]

India blocks 22 YouTube news channels citing national security

NEW DELHI, April 5 – India’s government on Tuesday said it has banned 22 YouTube channels, including four of Pakistani origin, for disinformation on subjects concerning national security and public order, the latest such federal crackdown in the country. The country’s Ministry of Information & Broadcasting said the […]

India starts supplying rice to Sri Lanka in first major food aid

Summary Traders start loading 40,000 T rice from southern India Rice shipments will reach Sri Lanka before key festival India to ship at least 300,000 T rice to Sri Lanka in 2022 Shipments could augment supplies, ease prices in Sri Lanka MUMBAI/COLOMBO, April 2 (Reuters) – Indian traders […]

Indian gasoil and gasoline sales surge as dealers top up tanks

NEW DELHI, April 1 – Indian state refiners’ gasoil and gasoline sales surged to a three-month high in March on increased demand from dealers and consumers ahead of an expected sharp rise in retail prices after elections in key states. State refiners’ average daily sales of gasoline and […]

Unfolding global developments poses risks to Indian economy, says RBI

MUMBAI, March 17 – India’s macroeconomic fundamentals remain strong but the unfolding global developments pose downside risks in terms of spillover, the Reserve Bank of India said in its monthly bulletin on Thursday. “The ongoing geopolitical crisis has heightened the uncertainty clouding the global macroeconomic and financial landscape […]

Analysis: Ukraine crisis could disrupt India’s spending plans, economic recovery

Summary Surge in global prices of commodities threatens budget plans Recovery from coronavirus pandemic could also be at risk Fuel price hikes could start as soon as this week Lower fuel levies to reduce consumer pain would hit revenue Ratings agencies keen for debt-to-GDP ratio to be reined […]

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