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India’s March wholesale inflation eases to 30-month low on easing input prices

NEW DELHI (Reuters) - India's annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in

Oil steady as market awaits China GDP data

By Noah Browning LONDON (Reuters) - Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer. Brent crude

India’s March wholesale inflation eases to 30-month low on easing input prices

NEW DELHI (Reuters) - India's annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in

Nike, Adidas shoes maker Pou Chen to invest nearly $281 million in India

By Praveen Paramasivam CHENNAI (Reuters) - A subsidiary of the world's largest maker of branded sports footwear Pou Chen will invest 23.02 billion rupees ($280.86 million) to set up a manufacturing

Apple’s India sales near new high of $6 billion in year through March, reports Bloomberg News

Apple’s revenue in India grew by nearly 50%, from $4.1 billion a year earlier, the report added, citing a person familiar with the matter.

Dollar bounces as expectations of Fed rate hike climb

By Rae Wee SINGAPORE (Reuters) - The dollar rebounded on Monday and hit a one-month high against the yen, as resilience in core U.S. retail sales and impressive Wall Street bank earnings raised market

Asia stocks on guard for earnings, China economy surprises

By Wayne Cole SYDNEY (Reuters) - Asian stocks traded cautiously on Monday as U.S. earnings season gets into full swing this week, while a raft of Chinese data will offer insight into how the world's

Nike, Adidas shoe supplier Pou Chen to invest nearly $281 million in Tamil Nadu

The investment would come nearly a year after Taiwanese peer Hong Fu Group signed a deal to invest 10 billion rupees to make footwear in the southern state.

Infosys tumbles 15% on downbeat revenue outlook

Infosys saw its biggest intraday percentage drop since October 2019, and dragged other IT stocks, with the Nifty IT index dropping as much as 7.6%.

Asia stocks brace for updates on earnings, China economy

By Wayne Cole SYDNEY (Reuters) - Asian stocks traded cautiously on Monday as U.S. earnings season gets into full swing, while a raft of Chinese data will offer insight into how the world's

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?