India's new gold loan rules to reshape lenders' business models: S&P
Lenders have until April 1, 2026, to comply with the new norms
Zoho suspends $700 million chipmaking plan in latest setback for India, sources say
Zoho struggled to find the right technology partner required to advise on the complex chipmaking processes, one of the sources said.
KFC India operator Sapphire beats profit view as cheaper menu drives demand
The restaurant operator posted a profit of Rs 11.98 crore ($1.37 million) for the quarter ended December 31, up from a profit of Rs 10.14 crore a year earlier
Gold demand in India to cool in 2025 as prices soar: WGC
Demand for gold could stand between 700 metric tons and 800 metric tons, compared to last year's 802.8 tons, which was the highest since 2015, Sachin Jain, CEO of WGC's Indian operations, told Reuters.
Volkswagen sues India to quash 'enormous' $1.4 billion tax demand, legal filing shows
In the biggest ever import tax demand, India in September slapped a $1.4 billion tax notice on Volkswagen for using a strategy to break down imports of some VW, Skoda and Audi cars into many individual parts to pay a lower duty.
JSW Group to invest $35 billion in Maharashtra to expand in EV and green energy sectors
The investment will fund facilities for electric vehicle and lithium-ion battery production, steel manufacturing expansion, and renewable energy projects, including solar modules
VinFast to enter India with premium electric SUV to take on rivals
VinFast unveiled its VF6 and VF7 SUVs at the India Auto Show in New Delhi, as it hopes to draw buyers to its EVs and contribute to India's goals of eliminating carbon emissions on a net basis, said Pham Sanh Chau, VinFast's Asia CEO.
Gold poised for third weekly gain on Fed rate cut bets
Spot gold was flat at $2,715.09 per ounce, as of 0332 GMT. Bullion has gained about 1% so far this week.
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy
The Asia-focussed bank wants to expand in serving wealthy Chinese and Indian clients who have assets offshore or cross-border needs
Rupee drops to all-time low on bullish dollar outlook
The rupee dipped to 84.2950, inching past the previous all-time low of 84.28 hit on Wednesday
Gold pulls back but dovish Fed sets it for best quarter since 2016
Spot gold was down 0.2% at $2,653.38 per ounce, as of 0404 GMT, owing to a rise in the U.S. dollar
Ammunition from India enters Ukraine despite Russia's protests
The transfer of munitions to support Ukraine's defence against Russia has occurred for more than a year, according to the sources and the customs data. Indian arms export regulations limit the use of weaponry to the declared purchaser, who risks future sales being terminated if unauthorised transfers occur
Auto parts maker Motherson to launch $715 million share sale
The fund-raising exercise stands to be one of India's biggest this year, data from Dealogic shows, lagging only $1-billion share sales by Vedanta and Adani Energy in recent months.
Foreign investors ditch India's pricey stocks, opt for new issues
Their selling has been driven by profit booking as Indian stocks trade at record highs, and at valuations topping those of most major stock markets
'Anxiety in WhatsApp groups, struggling to pay bills': Byju's insolvency case fans fears of employees
Reuters interviews with dozens of its employees, parents of students and a review of WhatsApp chats show a growing sense of desperation as people plan to take the offensive against the company whose board stands suspended with assets frozen
India to introduce strict regulations banning surrogate liquor ads affecting Carlsberg, Pernod Ricard, and Diageo: Report
These new regulations could significantly impact liquor companies in India, the world's eighth-largest alcohol market by volume, with annual revenues estimated at $45 billion by Euromonitor, Reuters reported.
Foreign investors unhappy after India restores curbs on some bond purchases
The decision had been made in consultation with the government, the Reserve Bank of India added, but gave no reason.
Pizza Hut India operator misses Q1 profit estimates on weak demand, surging costs
The Yum Brands franchisee's consolidated net profit fell 68% to 85.2 million rupees ($1.02 million) for the quarter ended June 30. Analysts, on average, had expected a profit of 173.9 million rupees, according to LSEG data.
Indians get hooked on 10-minute grocery apps, squeezing small retailers
Indians long relied on visits to small neighbourhood outlets for groceries or got free deliveries from them via phone orders, before the rise of e-commerce triggered by Amazon and Walmart's Flipkart over the past decade.
Rupee may struggle after Fed rate cut expectations dialled back
Non-deliverable forwards indicate the rupee will open marginally weaker to the dollar from 83.28 in the previous session.
Manipur's ethnic violence splinters teams and sporting dreams
The unrest in the northeastern state, which has resulted in more than 200 dead and tens of thousands displaced, divided football teams like Eastern Sporting Union (ESU) along ethnic lines and forced some players out of the state.
Create joint culture: CDS Gen Chauhan to armed forces as govt looks at rolling out theatre commands
In an address at an event, the Chief of Defence Staff Chief also called upon the three services to create a joint culture as they move towards forming "joint operational structures". He said the theatre commands will not be an end state but the beginning of the next set of reforms.
What Ebrahim Raisi's death means for Iran's political future?
As a well-known member of the political elite, Raisi had significant influence on internal Iranian policy. He also played a key role in Iran's recent efforts to strengthen ties with its regional competitors.
India asks Iran to release nearly 40 Indian seafarers from custody
Ports, Shipping and Waterways Minister Sarbananda Sonowal made the request during a meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran on Monday.
