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Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming dam ...Read More >
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey. ...Read More >
VMPL New Delhi [India], July 15: In a defining moment for Indian luxury jewellery, Zoya- India leading luxury jewellery atelier from the Tata Group--unveils a limited-edition capsule in collaboration with globally acclaimed British designer and curator Alice Cicolini, marking the first international creative partnership for an Indian luxury jewellery atelier. Born out of deep mutual admiration of Indian craft, the capsule pays homage to enamel--one of India most poetic art forms in luxury. Ins ...Read More >
NEW DELHI, July 15 (Reuters) - India's unemployment rate remained steady at 5.6% in June compared to the previous month, helped by a fall in joblessness in rural areas, the statistics ministry said on Tuesday. The unemployment rate in June among the 15 years and above age group in rural parts of the country fell to 4.9% from 5.1%, while it rose in urban areas to 7.1% from 6.9% in May, according to the data. This was the third monthly labour force data release covering both urban and rural area ...Read More >
NEW DELHI, July 15 (Reuters) - India's merchandise trade deficit (INTRD=ECI), opens new tab in June stood at $18.78 billion, according to Reuters' calculations based on export and import data released by the Ministry of Commerce & Industry on Tuesday. Economists had expected the June trade deficit to be at $22.24 billion, according to a Reuters poll, compared to $21.88 billion in the previous month. Exports of goods stood at $35.14 billion in June while imports were at $53.92 billion, compared ...Read More >
July 14 (Reuters) - India said on Monday it has achieved 50% of its installed electricity capacity from non-fossil fuel sources -- five years ahead of its 2030 target under the Paris Agreement, signalling accelerating momentum in the country's clean energy transition. WHY IT'S IMPORTANT The announcement comes as India's renewable power output rose at its fastest pace since 2022 in the first half of 2025, while coal-fired generation declined nearly 3%. Fossil fuels still accounted for over two ...Read More >
NEW DELHI, July 14 (Reuters) - The Indian aviation regulator on Monday ordered Indian airlines to examine fuel switches on Boeing aircraft, including the 787 and 737 models, to check for any malfunctions in their locking mechanism. The Directorate General of Civil Aviation said it had issued the order after several Indian and international airlines began making their owns inspections of fuel switches. Reuters earlier reported that Air India Group had begun inspecting fuel switches on its Boein ...Read More >
July 14 (Reuters) - India's annual retail inflation (INCPIY=ECI), opens new tab slowed to a more than six-year low of 2.10% in June, near the lower range of the central bank's tolerance band, as food prices continued to ease, making a case for further interest rate cuts. Inflation was lower than the 2.5% estimated by economists in a Reuters poll. Retail inflation was at 2.82% in May. COMMENTARY: GAURA SEN GUPTA, CHIEF ECONOMIST, IDFC FIRST BANK, MUMBAI "The moderation in inflation is led by ...Read More >
LONDON, July 14 (Reuters) - India pacer Mohammed Siraj has been fined 15% of his match fee and handed one demerit point due to his aggressive reaction after taking Ben Duckett's wicket on day four of the third test at Lord's, the sport's governing body said on Monday. The incident occurred on Sunday when Siraj took opener Duckett's wicket and roared in his face in celebration, with the pair bumping shoulders as the England batter walked back to the pavilion. The International Cricket Council s ...Read More >
LONDON, July 13 (Reuters) - India took four wickets to seize control of the third test as England paid the price for over-ambitious batting on a lively pitch to crumble to 98-4 at lunch on the fourth day at Lord's on Sunday. With the wicket offering more assistance to the bowlers, England tried to bat positively but Ben Duckett, Zak Crawley, Ollie Pope and Harry Brook all fell cheaply to put India in a strong position to go 2-1 up in the series. Joe Root, on 17, and Ben Stokes, two, were unbea ...Read More >
NEW DELHI, July 11 (Reuters) - India needs to increase its petrochemical production capacity to meet local and global demand and contain China's growing dominance of the sector, a senior Reliance Industries official said on Friday. Petrochemical margins have shrunk across the world as China's capacity expansion has created a surplus. For some of its refiners, up to 40%-50% of their output can be petchems, more than double typical capacity levels in India. India's petrochemical demand for now i ...Read More >
July 10 (Reuters) - Zee Entertainment Enterprises (ZEE.NS), opens new tab on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster. The setback comes after the company aggressively cut costs and focused on improving performance in its core businesses following a failed merger with Sony Group Corp's (6758.T), opens new tab India assets. Only 59.5% of shareholders who pa ...Read More >
July 10 (Reuters) - The Indian markets regulator's ban on Wall Street trading giant Jane Street has squeezed volumes in the country's options market, but traders expect activity to snap back as larger investors step in. The Securities and Exchange Board of India (SEBI) on July 4 barred Jane Street from trading and froze $567 million of its funds for manipulation of stock indexes through derivative positions. Jane Street told staff it plans to challenge the order, calling the trades in question ...Read More >
NEW DELHI, July 10 (Reuters) - Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are st ...Read More >
NEW DELHI, July 10 (Reuters) - A delegation from India is expected to visit the United States soon for trade talks, a government official told reporters, as the two countries look to iron out disagreements over duties for auto components, steel, and farm goods. India is among the few countries that are still negotiating a trade deal with Washington, as President Donald Trump ramps up his trade war with the threat of sharply higher tariffs from August 1. A team of Indian officials on an extende ...Read More >
July 9 (Reuters) - Ontario Teachers' Pension Plan (OTPP) said on Wednesday that it has agreed to sell its majority stake in India's Sahyadri Hospitals Group to Temasek-backed Manipal Hospitals. The pension fund, which acquired the stake in Sahyadri Hospitals in 2022, did not disclose the value of the stake sale. Manipal Hospitals said in a statement that the deal would increase its total bed count to about 12,000, making it one of India's largest hospital networks. In June this year, KKR (KKR ...Read More >
July 7 (Reuters) - India's retail individual traders in the equity derivatives segment made net losses in fiscal 2025 that widened by 41% to 1.06 trillion rupees, the country's markets regulator said in a study on Monday. The study comes against the backdrop of a surge in derivatives trading, driven by retail investors, that has prompted the Securities and Exchange Board of India (SEBI) to limit the number of contract expiries and increase lot sizes to make such trades more expensive. The tigh ...Read More >
BENGALURU, July 6 (Reuters) - Olympic javelin star Neeraj Chopra headlined what was billed as India's inaugural world-class field competition on Saturday, living up to his goal of elevating domestic talent while also walking away with another gold medal. Chopra, who won gold at the Tokyo Olympics in 2021 and silver at the 2024 Paris Games, triumphed with a throw of 86.18 meters at the 12-athlete javelin Neeraj Chopra Classic event. He finished ahead of former world champion Julius Yego (silver ...Read More >
MUMBAI, July 4 (Reuters) - India's markets regulator has widened its probe into alleged market manipulation by U.S. securities trading firm Jane Street to include other exchanges and indices, according to a source, after barring it from trading in the Indian markets earlier on Friday. The Securities and Exchange Board of India (SEBI) barred Jane Street from buying and selling securities in the Indian market and also seized $567 of its funds. SEBI and Jane Street did not immediately respond to ...Read More >
HYDERABAD, July 4 (Reuters) - India on Friday unveiled a series of steps to increase copper output, including encouraging foreign firms to set up smelters and refineries in the country in exchange for state-owned firms investing in their overseas mining operations. The document, parts of which were first reported by Reuters last week, said India - the world's second-biggest refined copper importer - may have to import 91%-97% of its copper concentrates by 2047. Despite an estimated 12.2 millio ...Read More >
July 4 (Reuters) - Shares of some Indian stockbrokers and exchange operator BSE (BSEL.NS), opens new tab fell on Friday after the country's markets regulator banned U.S. trading firm Jane Street from the local securities market over alleged manipulation in derivatives trading. The share of algorithmic, or algo, trading in India's equity options market jumped to 62% of premium turnover in fiscal 2025, from 21% in 2010-11, data from the National Stock Exchange showed. India is the world's largest ...Read More >
July 4 (Reuters) - Shares of India's Trent (TREN.NS), opens new tab fell more than 7% in morning trade on Friday, after the Tata-owned retailer's near-term growth forecast at its annual general meeting fell short of investor expectations. Shares of Trent were the top percentage losers in the benchmark Nifty 50 (.NSEI), opens new tab index, which was largely flat on the day. "During their commentary, the management mentioned the growth trajectory for Q1FY26, which seems to be underwhelming give ...Read More >
July 4 (Reuters) - India's benchmark equity indexes are expected to open largely flat on Friday as investors assess the market regulator's move to bar U.S. trading company Jane Street from the local securities market over alleged manipulation. The Gift Nifty futures was down 0.2% at 25,516 points, as of 8:14 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will hover around its previous close of 25,405.3. The Securities and Exchange Board of India (SEBI) has passed an interim orde ...Read More >
July 4 (Reuters) - India's market regulator said it had barred global fund Jane Street from accessing the nation's securities market, after an investigation into alleged market manipulation. The Securities and Exchange Board of India (SEBI) posted an order on its website dated July 3 outlining that Jane Street would no longer be able to participate in the domestic securities market. Jane Street did not immediately respond to a request for comment from Reuters. SEBI said it would 'impound' 48. ...Read More >
BIRMINGHAM, England, July 3 (Reuters) - India dominated the opening session on day two of the second test against England on Thursday as skipper Shubman Gill put a price on his wicket to guide the tourists to 419-6 at lunch but Ravindra Jadeja fell short of a second century at Edgbaston. Resuming on 310-5, Gill and Jadeja wasted no time asserting their dominance, bringing up their 100-run partnership off the first ball of the day before continuing to pile on the runs as England's attack toiled ...Read More >
NEW DELHI, July 2 (Reuters) - An Indian court has revived nine-year-old lawsuits filed by Crocs Inc (CROX.O), opens new tab which accused several Indian companies of launching footwear identical to its popular rubber clogs, allowing the U.S. firm to press ahead with its infringement challenges. The court's announcement late on Tuesday comes just as another international brand, Prada, is facing heat in India for showcasing sandals during a Milan fashion show which were similar to Indian ethnic f ...Read More >
BIRMINGHAM, England, July 2 (Reuters) - As India went into the second test against England on Wednesday without pace spearhead Jasprit Bumrah, former players and coaches questioned the thinking behind resting the world's best bowler when they trail 1-0 in the series. Bumrah took five wickets in the opening game at Headingley as England struggled to handle his pace and movement but the 31-year-old was rested with an eye on the third test at Lord's starting four days after the match at Edgbaston. ...Read More >
July 2 (Reuters) - A shareholder in India's Nykaa (FSNE.NS), opens new tab, Hong Kong-based investor Harindarpal Singh Banga and his family, plan to sell stake worth 12.84 billion rupees ($149.93 million) in the beauty products retailer through a block deal, news portal NDTV Profit reported on Wednesday. The sale will likely be at a 4% discount to Nykaa's current market price, the report said, citing people aware of the development. Nykaa's shares closed 2.2% higher at 211.59 rupees. The compa ...Read More >
July 2 (Reuters) - Airport restaurants operator Travel Food Services has set a price band of 1,045 rupees-1,100 rupees for its initial public offering, a newspaper ad showed on Wednesday, following HDB Financial Services' blockbuster IPO. The price band values Travel Food Services, which plans to raise 20 billion rupees ($233.49 million) via a three-day share sale beginning July 7, at 144.8 billion rupees ($1.69 billion) at the upper end of the range. The issue will consist solely of the compa ...Read More >
Jammu (Jammu and Kashmir) [India], July 2 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha participated in a special aarti at the Jammu Tawi riverfront. Sinha also visited the Amarnath Yatri Niwas base camp on Tuesday evening. After inspecting the Yatri Niwas base camp, Sinha stated that the security arrangements for the Yatra are more robust than ever before. 'I have witnessed the last four Yatras. The arrangements are better than ever, as far as the security and convenience of pilgr ...Read More >
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