India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data from the Reserve Bank of India (RBI) showed on Friday.
Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow's revenues, pushing refiners to scout for crude from the Middle East and the U.S., three Indian refining sources said on Friday.
India sharply lowered its April-November 2024 gold import estimate by $11.7 billion on Thursday after precious metal trade figures were miscalculated due to some double counting. The government revised its gold import estimate to $37.
India's rice stocks hit a record high at the start of January, reaching eight times the government's target, while wheat stocks continued to deplete as traders urged the government to increase wheat sales amid market shortages.
He added that just as India leapfrogged to mobile technology, the country should also shift faster to accelerated computing rather than general-purpose computing
The Nifty 50 index has now re-entered correction territory – a 10% fall – since its most recent high in late September.
With its first high-level, bilateral engagement with the Taliban regime, New Delhi appears ready to increase ties with Kabul. This would mark a significant step in diplomatic engagement for the Islamist group.
A survivor of a coal mine disaster in India has shared a harrowing account of the moments after the tunnel was suddenly engulfed by water. Ravi Rai was working in the mine in the north-eastern state of Assam on Monday morning when water entered the pit.
India’s bond yield fell by 50 bps in 2024, even though there was no cut in interest rates during the year. On the flip side, the US bond yield scaled up by 80 bps, resulting in the domestic bond outperforming the US by 130 bps during the year.
The world's largest gathering of humanity begins in India on Monday with the opening of the Kumbh Mela, a six-week Hindu festival organisers expect to attract up to 400 million pilgrims.
India’s construction frenzy has triggered a rush to make steel on the cheap, using some of the dirtiest technology and straining Prime Minister Narendra Modi’s plans to slash carbon emissions.
Indian cricket fans are still reeling from the team's crushing 1-3 defeat in the five-match Test series against Australia. Once dominant in the Border-Gavaskar Trophy, with historic victories over the mighty Australians over the past decade,