Indian
TotalEnergies pauses funding for Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
Tata seals deal for iPhone plant in Tamil Nadu
India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple supplier, two sources told Reuters.
India’s forex reserves fall for sixth week
India’s foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India (RBI) showed on Friday.
India eyes record rice production in 2024-25 monsoon
India, the world’s biggest rice exporter, is likely to produce a record 119.93 million tonnes of the staple crop in 2024-25 “kharif” season on the back of a good monsoon, the country’s agriculture ministry said yesterday.
India draws roadmap for textile revamp
India has drawn up a roadmap for generating 4.5-6 crore jobs in the textile sector by 2030 to make its market size grow to $350 billion from around $165 billion at present, India’s Textiles Minister Giriraj Singh said.
India’s edible oil demand to rise
India’s edible oil consumption is set to grow at a pace of 2 percent-3 percent as cooking oils remain affordable despite an import duty hike, a leading importer told Reuters on Wednesday.
India’s exports to Bangladesh fell 28% in August
India’s exports to Bangladesh dropped by 28 percent year-on-year to $681 million in August, according to a report by The Indian Express.
India growth slows to 6.7% on lower consumer spending
India’s economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world’s fifth-largest economy.
India’s retail inflation surges
India’s annual retail inflation in July rose to its highest in 15 months as vegetable and cereals prices skyrocketed, beating all market expectations and putting pressure on the government to take action to bring down prices.
Why India is trying to tame rising wheat prices
Indian officials are considering a raft of measures to boost domestic wheat supplies and cool local prices which surged last week to their highest six months.
Explainer: Why India is trying to tame rising wheat prices
Indian officials are considering a raft of measures to boost domestic wheat supplies and cool local prices which surged last week to their highest six months.
India’s wholesale price index falls
India’s wholesale price index fell 1.36 percent year-on-year in July, but the decline was smaller than expected because of higher prices for food and some commodities.
India’s trade deficit stood at $20b in July
India’s merchandise trade deficit in July stood at $20.67 billion, according to a Reuters calculation based on export and import data released by the government on Monday.
India’s industrial output growth falls
India’s industrial output growth rate slipped to a three-month low of 3.7 percent year-on-year in June, data from the Ministry of Statistics showed on Friday.
India rice export ban puts market on edge for copycat curbs
India’s rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap left by New Delhi, stoking concerns over already high global food inflation.
India may roll out welfare measures for gig workers
India plans to roll out welfare measures for “gig” workers employed through platforms like Amazon, Uber and India’s Zomato as Prime Minister Narendra Modi’s government prepares for elections, government and trade union officials said.
Domino effect: India rice export ban puts market on edge for copycat curbs
India's rice export ban has the world market bracing for similar actions by rival suppliers to avoid potential domestic shortages as sellers try to fill the 10 million metric ton gap left by New Delhi, stoking concerns over already high global food inflation.
India plans welfare measures for gig workers ahead of elections
India plans to roll out welfare measures for "gig" workers employed through platforms like Amazon, Uber and India's Zomato as Prime Minister Narendra Modi's government prepares for elections, government and trade union officials said..The plan, part of the Social Security Code enacted in 2