India Headlines

FILE PHOTO: Labourer carries sack of onions at wholesale market in Kolkata

India's households wrestle with inflation as incomes dip

India's households are grappling with rising living costs at a time when jobs and incomes have taken a hit amid the pandemic, but economists are not hopeful the government's annual budget due next week will provide much relief.

A man walks past the Bombay Stock Exchange (BSE) building in Mumbai

Indian shares drop for fifth day as Fed anxiety grows

BENGALURU (Reuters) -Indian shares ended in the red for a fifth straight session on Monday, with metals and IT stocks dragging the most, as investor worries ballooned over possibilities of a quicker rate hike from the U.S. Federal Reserve.

Students attend class in a school after they reopened amidst the spread of...

India's Omicron wave may intensify in coming weeks -experts

NEW DELHI (Reuters) -India's COVID-19 infections, led by the Omicron variant, may see a sharp rise in the coming weeks, some top experts said, noting that the variant was already in community transmission and hospitals were seeing more patients despite a decline in cases in major cities.

FILE PHOTO: A man speaks on the phone outside an ICICI Bank branch in...

India's ICICI Bank shares rise as earnings beat expectations

BENGALURU (Reuters) -Shares of ICICI Bank, India's second-largest private-sector lender, rose as much as 1.5% on Monday in a weak broader market, as analysts cheered the company's better-than-expected earnings on strong loan growth and lower bad loan provisions.

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