India News

Govt may consider cutting stake in state-run banks – Arun Jaitley

REUTERS – The government may consider reducing its stake in state-run lenders to 52 percent, Finance Minister Arun Jaitley said on Monday. Source: India News Link: Govt may consider...

Markets in wait-and-watch mode ahead of RBI meet

MUMBAI (Reuters) – India’s stock markets saw lacklustre trading in a narrow range on Monday as investors chose to avoid risky bets a day ahead of the Reserve Bank...

Eyes on space, India launches 'mini-Hubble'

NEW DELHI (Reuters) – India launched its first space research observatory and several U.S. satellites on Monday, part of Prime Minister Narendra Modi’s drive to expand his country’s influence...

RBI expected to lower rates, while cautioning against inflation

MUMBAI (Reuters) – The Reserve Bank of India (RBI) is expected to cut its key repo rate to a four-year low on Tuesday to help support the domestic economy...

Foreign investors to be allowed in India commodities futures – SEBI chairman

MUMBAI (Reuters) – Foreign portfolio investors will be allowed to trade in commodities futures markets, Securities and Exchange Board of India (SEBI) Chairman U.K. Sinha said on Monday, without...

Crowd chants "Modi, Modi" as India PM winds up Silicon Valley tour

SAN JOSE, California (Reuters) – Lights flashed and chants of “Modi, Modi” filled the 18,000-seat sports arena in San Jose, California, on Sunday as the Indian premier took the...

Spieth caps season with $11.48 million double win

ATLANTA (Reuters) – Jordan Spieth capped a brilliant season in sensational style as he scored a four-stroke victory at the Tour Championship on Sunday that also won him the...

Pope of the people, and the politics, in historic U.S. visit

PHILADELPHIA (Reuters) – Pope Francis dove into some of the United States’ thorniest political debates during his historic visit by urging the world’s wealthiest nation to welcome immigrants, to...

Facebook, eyeing TV dollars, rolls out new ad products

SAN FRANCISCO (Reuters) – Facebook Inc introduced a slate of new advertising products on Sunday, most of which are aimed at luring television advertisers onto the 1.5-billion user social...

Attack on Afghan cricket match kills nine, wounds over 50

KABUL (Reuters) – A suicide car bombing killed at least nine people and wounded more than 50 at a cricket match in Afghanistan on Sunday, officials said. Source: India...