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Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief

By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI (Reuters) - The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed

Dollar awaits inflation data, rattled by debt ceiling impasse

By Amanda Cooper LONDON (Reuters) - The dollar seesawed on Wednesday after U.S. President Joe Biden and top lawmakers made no headway in the debt ceiling crisis, although volatility was minimal ahead

China’s SAIC to dilute stake in MG Motor India, drive EV sales

BENGALURU (Reuters) - China's SAIC Motor plans to drop its ownership in MG Motor India to allow domestic entities to take a majority stake, the Indian electric vehicle maker said on Wednesday, as

‘We continue to bet on India’: Cisco to begin manufacturing from the country

The announcement followed a meeting between Cisco's CEO Chuck Robbins and Prime Minister Narendra Modi in New Delhi.

Stocks stuck, oil sags as US inflation and debt woes loom

By Tom Westbrook and Lawrence White SINGAPORE/LONDON (Reuters) - Stocks were lethargic and oil slid on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts later

Cisco to manufacture from India in diversification move

NEW DELHI (Reuters) - U.S. tech giant Cisco Systems will set up a manufacturing facility in India as it aims to diversify its global supply chain, Chief Executive Officer Chuck Robbins said on

Dollar braces for inflation, rattled by debt ceiling impasse

By Amanda Cooper LONDON (Reuters) - The dollar seesawed on Wednesday after U.S. President Joe Biden and top lawmakers made no headway in the debt ceiling crisis, although volatility was minimal ahead

Venky’s India posts 56% slump in Q4 profit on rising feed costs, lower sales

By Bharath Rajeswaran (Reuters) - Venky's India Ltd's quarterly profit more than halved, hurt by a steep rise in the cost of poultry feed ingredients and lower sales, the company reported on Wednesday

India, Canada aim to seal trade pact this year

NEW DELHI (Reuters) - India and Canada aim to seal an initial agreement this year to increase their trade and expand investment while setting out a mechanism to deal with disputes, they said in a

Stocks stumble in jittery mood ahead of US inflation

By Tom Westbrook SINGAPORE (Reuters) - Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?