India
LATEST NEWS FROM INDIA
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Godrej Consumer's quarterly profit rises on strong India, export demand
India's Godrej Consumer Products posted an 11.5% rise in quarterly profit on Friday, driven by strong volume growth and steady demand across key categories.
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India's government set to exceed key fundraising goal on state-firm stake sales, sources say
India expects to exceed this fiscal year's goal of raising 800 billion rupees ($8.4 billion) through the sale of stakes in state-run firms and other asset monetisation methods, go...
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Jefferies sees brighter India outlook as credit, capital flows ramp up; removes HDFC Bank in portfolio revamp
India's market outlook is strengthening as bank credit growth reaches its fastest pace in more than a decade, foreign equity inflows return and central bank measures support the r...
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India's Hero MotoCorp rises as analysts back plans to weather cost pressure
Shares of Hero MotoCorp rose about 3% on Friday, as investors bet that India’s largest two-wheeler maker will use cost controls and a richer product mix to offset the impact of h...
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Indian fashion retailer Trent slips as analysts say sales recovery key
India's Trent fell as much as 3.06% on Friday, as investors looked past strong first-quarter profits and instead focused on analysts' warnings about the need for sustained revenu...
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Indian central bank likely intervenes to shield rupee from oil jump, traders say
The Reserve Bank of India likely intervened in the foreign exchange market on Friday, three traders told Reuters, as a jump in oil prices over risks of escalation in the Midd...
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Indian rupee drifts as central bank intervention blunts oil jitters
The Indian rupee lumbered near a one-month high on Friday, on course to end the week on a quiet note, as likely dollar-selling intervention by the central bank helped to offset th...
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Indian shares edge lower as financials, higher oil prices weigh
Indian shares inched lower on Friday, pressured by heavyweight financials and rising oil prices as concerns over the reopening of the Strait of Hormuz persisted, while quarterly ...
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Gold heads for best week since January; US jobs data in focus
Gold prices firmed on Friday and were on track for their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key U.S. nonfarm payrolls data for...
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India says it is not committed to import ethanol under US trade deal
India will not offer any concessions or commitments regarding the import of ethanol from the U.S. in the India-U.S. trade discussions, the Indian Commerce Ministry said in a st...
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India parliamentary panel urges swift US trade deal, support for exporters hit by tariffs
An Indian parliamentary panel on Thursday urged the government to quickly conclude a proposed bilateral trade pact with the United States, while safeguarding domestic interests an...
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India's Britannia misses profit estimates as Middle East war lifts costs
India's Britannia Industries reported first-quarter profit below market expectations on Thursday, as higher fuel and shipping costs linked to the Middle East conflict overshadowe...
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India's Apollo Tyres posts quarterly profit rise on price hikes, firm demand in key markets
India's Apollo Tyres reported on Thursday a nearly 9% increase in first-quarter profit before tax and exceptional items, helped by strong demand in Asia-Pacific, the Middle East ...
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Microsoft opens its largest India data center hub as AI race heats up
Microsoft has signed up Adani Group and HDFC Bank among early users.
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Coal India enters iron ore mining after Odisha block win
Coal India has won the Gadadharpur iron ore block in the eastern state of Odisha through a competitive auction, the state's director of mines and geology, Rohit Kumar Lenka, sai...
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Indian market volatility eases as traders adapt to new closing auction
Volatility in Indian markets, which had stemmed this week from a new closing auction method for stocks, reduced on Thursday as traders get used to the new methodology.
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India's Tata Sons pushed towards listing following central bank classification
The Reserve Bank of India on Thursday said it has included Tata Sons in its list of upper-layer non-banking financial companies, a category that faces stricter regulatory require...
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India's Modi turns to Instagram to woo young voters after Gen Z protest
Indian Prime Minister Narendra Modi took to Instagram recently with selfie-style videos shot after hours in a bid to win over young voters following Gen-Z protests that highlighte...
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