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.
NEW DELHI (Reuters) -Indian retailer Future Group on Tuesday challenged its own lenders in the Supreme Court to avoid facing insolvency proceedings over missing payments, citing its dispute with partner Amazon.com Inc, according to a legal filing reviewed by Reuters.
Srijan Upadhyay supplied fried snacks to small eateries and roadside stalls in the poor eastern Indian state of Bihar before COVID-19 lockdowns forced most of his customers to close down, many without paying what they owed him.
(Reuters) -India's crude oil imports in December hit their highest level in a year as strong demand prospects in the world's third-largest oil consumer and importer prompted refiners to stock up.
The Delhi city state government has proposed mandating a quarter of new cab registrations to be electric vehicles, according to a draft note by its transport department.
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.
BENGALURU (Reuters) -SoftBank-backed Swiggy doubled its valuation to $10.7 billion in its latest funding round, two people familiar with the matter said, as booming demand for quick delivery of food and grocery in India drives up investments in the sector.
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.
A 3-0 drubbing in South Africa is a timely reminder that India need to overhaul their approach to one-day cricket and head coach Rahul Dravid says the problem lies in how they fared in the middle overs -- both with bat and ball.
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.
Former President Donald Trump is nowhere to be seen in Pennsylvania's U.S. Senate race, but he nonetheless is shaping the election as Republican candidates vie for his support and the state party considers skipping an endorsement to avoid being at odds with him.