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In talks with India to trade non-oil commodities in rupees, says UAE trade minister

The UAE's trade deal with India aims to increase bilateral non-oil trade to $100 billion in the next five years.

Indian multiplex operator PVR swings to Q3 profit on strong movie runs

BENGALURU (Reuters) - India's top multiplex operator PVR Ltd on Thursday swung to a third-quarter profit as movie-goers thronged theatres to watch Hollywood blockbusters such as "Avatar: The way of

Unilever’s India unit posts Q3 profit beat on beauty products demand

BENGALURU (Reuters) -India's Hindustan Unilever (HUL) on Thursday posted a higher-than-expected quarterly profit, helped by growing demand for its beauty and personal care products, which offset a

Indian dairy firm Hatsun Agro sees dip in Q3 profit as input costs rise

BENGALURU (Reuters) - India's Hatsun Agro Product Ltd, which sells Arun ice cream and Arokya milk, reported a 2.9% fall in quarterly profit on Thursday, hurt mainly by a surge in prices for animal

Havells India Q3 profit falls on subdued consumer business

BENGALURU (Reuters) - Electrical equipment maker Havells India Ltd reported a 7.2% fall in quarterly profit on Thursday as it spent more on advertising, and high inflation hurt consumer demand.

Polycab India posts record quarterly profit on strong volume growth

BENGALURU (Reuters) - Cables and wires maker Polycab India Ltd on Thursday reported its best-ever quarterly profit, driven by robust sales volume and strong demand for its products. Consolidated

Unilever’s India unit beats Q3 profit estimates on higher sales

BENGALURU (Reuters) - India's Hindustan Unilever (HUL) reported a bigger-than-expected rise in quarterly profit on Thursday, as higher sales helped make up for a rise in raw-material costs. Profit

Indian tycoon Adani’s group says has no plans for telecom sector

By Sriram Mani and Tanvi Mehta NEW DELHI (Reuters) - Indian conglomerate Adani Group, owned by billionaire Gautam Adani, said on Thursday that it does not have any plans to enter the country's telecom

India’s 5-year swap signals rising bets of dovish RBI in 2023 – analysts

By Dharamraj Dhutia MUMBAI (Reuters) - India's five-year overnight indexed swap rate crashed to its lowest level in the current fiscal, on bets that a quicker policy pivot from the U.S. Federal

Rupee falls alongside Asian peers, more U.S. data eyed

By Anushka Trivedi MUMBAI (Reuters) - The Indian rupee eased on Thursday, tracking its Asian emerging market counterparts which declined after a batch of weak U.S. data stoked worries about a slowdown

On Camera

Read the Kashmir verdict. It’s time to stop treating it like a national security crisis

Election after election has seen Kashmir’s people demonstrate that, like other Indians, they seek a future shaped by democratic rights and norms

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Massive in size & capable of heavyweight strikes. Russia’s S-70 Okhotnik is unlike any other drone

No clarity on whether it was shot down intentionally or accidentally.Some reports suggest that it was purposely brought down to prevent Ukrainians getting their hands on the drone.

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?