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India considers curbing use of cane for ethanol to tame record-high sugar market
India is considering restricting the amount of sugarcane used for ethanol in the season beginning October to boost sugar output and try to calm record prices, two government and t...
India
India's Hindustan Copper plans to sell copper concentrate sourced from Chile to Hindalco, Adani, sources say
State-run Hindustan Copper plans to sell copper concentrate produced by mines it is acquiring from Chile's Codelco to Hindalco and Adani, aiming to meet India's growing appetite f...
India
Indian central bank likely intervenes to support rupee, traders say
The Reserve Bank of India likely intervened in the foreign exchange market on Monday to support the rupee, four traders told Reuters, amid lingering uncertainty over conflict ...
India
Fading Fed hike bets, RBI backstop blunts oil pressure on rupee
The Indian rupee is likely to inch higher at Monday’s open, helped by investors dialling back bets on a Federal Reserve rate hike next month after the U.S. economy unexpectedly sh...
India
Indian shares muted as soft US jobs data offsets oil worries
Indian shares were flat on Monday as weaker-than-expected U.S. jobs data eased concerns about near-term rate hikes, offsetting higher oil prices on lingering Middle East uncertain...
India
Gold eases from seven-week peak, US inflation data looms
Gold slipped on Monday as investors took profits after prices hit a seven-week high in the previous session, while markets looked to U.S. inflation data for fresh clues on the Fe...
India
Indian rupee, bonds to track oil prices; local and US inflation data in focus
Oil prices will drive the Indian rupee and government bonds this week amid Middle East uncertainty, while traders also watch July inflation data from India and the U.S. for rate cu...
India
Air India captain's initial drug screening prompts further testing after sudden altitude loss
The captain of an Air India flight from Phuket to New Delhi that encountered a sudden loss of altitude last week returned an initial screening result for psychoactive substances, ...
India
India warned Diageo that its whisky's 'matured in American oak casks' claim was misleading
India's food safety regulator warned liquor giant Diageo that it misleadingly claimed one of its top-selling whiskies was "matured in American oak casks", when most of the product...
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India fuel retailers say E20 petrol meets quality standards
India's state-run fuel retailers said on Friday that nationwide testing of E20 petrol found no evidence to support claims of high chloride contamination or moisture and that fuel...
India
L&T says unit that houses drones to see threefold revenue growth over five years
Larsen and Toubro expects revenue from the unit which also develops drones and unmanned aerial systems, to triple over the next five years as it expands capacity in India's defen...
India
India's Ola Electic posts narrower first quarter loss on higher EV sales
India's Ola Electric on Friday reported a narrower first-quarter loss, as higher electric two-wheeler sales and lower operating expenses helped offset a challenging commodit...
India
India's Titan posts profit surge on strong jewellery demand
India's Titan posted a 63% increase in quarterly profit on Friday on strong demand for gold ornaments and coins as well as higher store footfalls.
India
India's ICICI Bank, Axis Bank tap dollar debt again in less than two months, bankers say
Two Indian private sector lenders have tapped U.S. dollar denominated debt market for the second time in less than two months, to raise $300 million each, two merchant bankers sa...
India
India's Hindalco posts profit surge as metal prices strengthen
India's Hindalco Industries posted a sharp rise in first-quarter profit on Friday, boosted by higher aluminium prices and a production ramp-up, and expects costs to have peaked in...
India
India reviewing bilateral investment treaty model, official says
India is reviewing its model bilateral investment treaty and the country's cabinet will decide on changes soon, a senior finance ministry official said on Friday, as the Asian na...
India
Indian July consumer inflation likely edged higher on food prices
Indian consumer inflation likely rose in July, notching a second consecutive month above the RBI's 4% medium-term target, as food prices edged higher, a Reuters poll showed.
India
India regulator won't ease 'energy drink' label deadline, unnerving companies, sources say
India's food safety regulator will not agree to demands by global beverage companies to extend to one year its 90-day deadline to drop "energy drink" labels, a government source ...
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