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New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consum ...Read More >
NEW DELHI, March 27 (Reuters) - India will hold talks with Argentina, Indonesia and Oman next month as it seeks to boost supplies of steelmaking raw materials such as coking coal and iron ore, and access technology, two sources with direct knowledge told Reuters. The talks are expected to begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition, said the sources who did not wish to be identified as the plan wa ...Read More >
MUMBAI: When the doughnuts stop turning and the coffee goes cold, even a global giant like Dunkin' can find the Indian market a tough brew to crack. Jubilant Foodworks has decided not to renew its franchise agreement with Dunkin' when the pact expires on 31 December 2026, according to a Reuters report. The operator, best known for running Domino's outlets in India, said it would evaluate options for its existing Dunkin' stores, including a potential sale or transfer of franchise rights, in consu ...Read More >
BENGALURU, March 30 : Former England captain Jos Buttler is determined to reassert himself at the top level by staying in the right mental space, insisting his priority is to shed pressure and allow performances to flow rather than force them. The 35-year-old endured a difficult Twenty20 World Cup, scoring only 87 runs in eight matches as England were knocked out by India in the semi-finals earlier this month. Buttler will now look for a fresh start with Indian Premier League side Gujarat Tita ...Read More >
NEW DELHI, March 30 : India on Monday approved 29 proposals from various companies under its electronics component manufacturing program, with a total investment of 71.04 billion rupees ($751.21 million), the Electronics and Information Technology Ministry said. India has launched a series of incentive programs to attract global and domestic investors, expand local manufacturing capacity, reduce import dependence and strengthen supply chains as it looks to improve its electronics manufacturing. ...Read More >
NEW DELHI, March 30 (Reuters) - India on Monday approved 29 proposals from various companies under its electronics component manufacturing program, with a total investment of 71.04 billion rupees ($751.21 million), the Electronics and Information Technology Ministry said. India has launched a series of incentive programs to attract global and domestic investors, expand local manufacturing capacity, reduce import dependence and strengthen supply chains as it looks to improve its electronics man ...Read More >
MUMBAI, March 30 (Reuters) - India's HDFC Bank (HDBK.NS), opens new tab delayed taking action against officials involved in the mis-selling of additional tier 1 bonds to investors in Dubai, Atanu Chakraborty, the former chairman of the lender told CNBC-TV18 in an interview broadcast on Monday. Chakraborty abruptly resigned from the bank's board earlier this month, citing differences over "values and ethics" and triggering a stock selloff and a damage control exercise by the lender. HDFC Bank t ...Read More >
MUMBAI, March 30 (Reuters) - Indian bonds tumbled in the fiscal year ending March, snapping a two-year rising streak, as demand weakened and the Middle East war sent oil prices surging, outweighing the impact of record debt purchases and cash infusion by the central bank. Elevated oil prices threaten to raise inflation and widen India's current account deficit, and could force the central bank to start raising policy rates earlier than anticipated. Bonds could extend their losing run in the we ...Read More >
BENGALURU, March 30 (Reuters) - India on Monday proposed changes to its IT law to make advisories and clarifications legally binding on internet platforms such as Meta (META.O), opens new tab, Google (GOOGL.O), opens new tab and X, the latest in a string of stricter compliance requirements for tech giants. Prime Minister Narendra Modi's government this year compressed the timeline for platforms to take down content flagged by authorities to three hours, from 36 hours previously, and has impose ...Read More >
NEW DELHI, March 30 (Reuters) - India has adequate stocks of fertilizers and is tapping alternative sources to boost supplies for the summer-sown crops, a senior government official in the Ministry of Chemicals and Fertilizers said on Monday. The Gulf region accounted for about 20% to 30% of India's urea imports and 30% of Diammonium Phosphate (DAP) prior to the Iran war, Aparna Sharma, additional secretary in the ministry, told a media briefing. India expects to need 39 million metric tons of ...Read More >
NEW DELHI, March 30 (Reuters) - India has proposed an overhaul of its bankruptcy law, including allowing financial creditors to initiate insolvency proceedings and tightening deadlines, in a bid to speed up resolutions and promote ease of doing business. Resolutions of stressed assets in India have been delayed despite a mandated 330-day timeline under the Insolvency and Bankruptcy Code, introduced in 2016, largely due to procedural and legal hurdles. Cases often pile up for admission at the Na ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
NEW DELHI: India is accelerating clearances for commissioning of wind power plants and battery energy storage systems as the U.S.-Israeli war against Iran has led to a gas shortfall, the country's junior power minister said on Monday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatt (GW) of gas power during peak-demand periods or heatwaves. "Presently, there are challenges in respect of availability and price volatility ...Read More >
NEW DELHI, March 30 (Reuters) - India is accelerating clearances for commissioning of wind power plants and battery energy storage systems as the U.S.-Israeli war against Iran has led to a gas shortfall, the country's junior power minister said on Monday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatt (GW) of gas power during peak-demand periods or heatwaves. "Presently, there are challenges in respect of availability ...Read More >
NEW DELHI, March 11 (Reuters) - Indian gas firm GAIL has bought an Omani liquefied natural gas cargo as the South Asian nation attempts to meet its natural gas demand, three trade sources said. GAIL has bought the prompt cargo for delivery next week from a European trader through negotiations at a fixed price of $17-$20 per million British thermal units, two of the three sources said. The cargo loaded on the vessel Orion Hugo, chartered by Shell, is scheduled to arrive in India around March ...Read More >
Iran-Israel War: A bomb-carrying drone boat struck a Marshall Islands-flagged oil tanker in the Gulf of Oman on Monday, killing one mariner on board. The state-run Oman News Agency reported the attack off the coast of Muscat, the capital of Oman. The vessel involved was identified as the MKD VYOM. The deceased crew member was reported to be from India. Iran has been issuing threats against vessels approaching the Strait of Hormuz, the narrow gateway to the Persian Gulf, and is suspected of hav ...Read More >
NEW DELHI, Feb 17 (Reuters) - Indian cricket greats Sunil Gavaskar and Kapil Dev joined a dozen other former international captains on Tuesday in demanding better prison treatment for "one of the finest all-rounders" of the game Imran Khan, Pakistan's former prime minister. Cricketer-turned-politician Khan, 73, has been in jail since August 2023, convicted in a string of cases that he says were politically driven following his ouster in a 2022 parliamentary vote. Khan's lawyer told Pakistan's ...Read More >
India is the second-biggest smartphone market with 730 million devices. On average, Indians consume 21 gigabytes of data each month, paying 9.2 cents per gigabyte, one of the world's lowest mobile data rates.OpenAI, Google and Perplexity have begun an unprecedented fight for artificial intelligence users in India, rolling out freebies in a strategy seen as a way to harvest troves of multilingual training data in the world's most populous nation. India is the second-biggest smartphone market wit ...Read More >
DHAKA - India summoned Bangladesh's High Commissioner to New Delhi to convey its strong concerns on Dec 17 over what it described as a deteriorating security situation in Bangladesh, particularly threats targeting the Indian Mission in Dhaka. The move came two days after Bangladesh summoned the Indian High Commissioner in Dhaka to protest over what it termed "incendiary statements" made by former prime minister Sheikh Hasina from Indian soil, warning that such remarks could undermine the countr ...Read More >
BENGALURU, Dec 17 : OpenAI, Google and Perplexity have begun an unprecedented fight for artificial intelligence users in India, rolling out freebies in a strategy seen as a way to harvest troves of multilingual training data in the world's most populous nation. India is the second-biggest smartphone market with 730 million devices. On average, Indians consume 21 gigabytes of data each month, paying 9.2 cents per gigabyte, one of the world's lowest mobile data rates. To lure price-conscious use ...Read More >
MUMBAI, Dec 17 (Reuters) - The Indian rupee may pause its recent slide at Wednesday's open, with the quick fall expected to draw improved two-way interest, while the dip in the dollar index to a two-month low could offer support. The 1-month non-deliverable forward indicated the rupee will open in the 90.96-91.02 range versus the U.S. dollar, having settled at 91.0275 on Tuesday. The rupee fell 0.3% on Tuesday to a lifetime low of 91.0750, weighed by heavy dollar demand linked to NDF maturitie ...Read More >
By Johann M Cherian and Shashwat Chauhan Dec 16 (Reuters) - U.S. stock index futures were slightly lower on Tuesday as caution set in ahead of a highly anticipated jobs report that could offer insight into the health of the economy and the potential path for interest rates next year. A recent historic government shutdown left investors and the Federal Reserve starved of official data and increasingly reliant on secondary indicators that offered a mixed picture on the health of the labor m ...Read More >
HYDERABAD, India, Dec 16 (Reuters) - The alleged gunman shot dead by police during Sunday's attack on Australia's Bondi beach was originally from the southern Indian city of Hyderabad and his family did not know about his "radical mindset", Indian police said on Tuesday (December 16, 2025). Fifteen people were killed in the attack on a Hanukkah event, Australia's worst mass shooting in nearly 30 years, and it is being investigated as an act of terrorism targeting the Jewish community. DEGREE I ...Read More >
NEW DELHI -- At least half a dozen executives from top Indian arms makers, including Adani Defense and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defense business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defense business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
HYDERABAD: The alleged gunman shot dead by police during Sunday's attack on Australia's Bondi beach was originally from the southern Indian city of Hyderabad and his family did not know about his "radical mindset", Indian police said on Tuesday. Fifteen people were killed in the attack on a Hanukkah event, Australia's worst mass shooting in nearly 30 years, and it is being investigated as an act of terrorism targeting the Jewish community. Degree in commerce In a statement providing more deta ...Read More >
Pfizer issued its 2026 guidance, expecting its adjusted earnings per share to come in below this year's figures, and revised its 2025 revenue outlook. The company reiterated its 2025 adjusted earnings guidance of $3 to $3.15 a share. It guided for 2025 revenue of $62 billion, compared with its previous forecast of $61 billion to $64 billion. Analysts see adjusted earnings of $3.13 a share and revenue of $62.5 billion, according to FactSet. Pfizer expects 2026 revenue of $59.5 billion to $62.5 ...Read More >
HYDERABAD, India, Dec 16 - Indian police said on Tuesday that the dead gunman in Australia's Bondi beach shooting incident, Sajid Akram, was originally from the southern Indian city of Hyderabad but had limited contact with his family in India. The attack on Sunday was Australia's worst mass shooting in nearly 30 years, and is being investigated as an act of terrorism targeting the Jewish community. The death toll stands at 16, including one of the gunmen, identified by police as 50-year old S ...Read More >
BENGALURU, Dec 16 (Reuters) - India's private sector activity ended the year on a sombre note, expanding at its weakest pace in ten months in December as a slowdown in new orders took the steam out of both the manufacturing and services sectors, a survey showed on Tuesday. While the economy remains in expansionary territory, the deceleration coupled with a near-stagnant job market indicates domestic demand is cooling, dragging overall momentum down from the highs seen earlier in 2025. HSBC's f ...Read More >
BENGALURU, Dec 16 (Reuters) - India's private sector activity ended the year on a sombre note, expanding at its weakest pace in ten months in December as a slowdown in new orders took the steam out of both the manufacturing and services sectors, a survey showed on Tuesday. While the economy remains in expansionary territory, the deceleration coupled with a near-stagnant job market indicates domestic demand is cooling, dragging overall momentum down from the highs seen earlier in 2025. HSBC's ...Read More >
NEW DELHI: India on Monday set in motion steps to end decades of state control over nuclear power, by introducing a bill in parliament that would allow private firms to build and operate plants as the government seeks to make atomic energy central to its clean energy push. Foreign companies in a joint venture with Indian companies could apply for a licence if selected to do so by the government. India's nuclear sector has been tightly guarded since its first reactor went online in 1969, shaped ...Read More >
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