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Analysis-India bond-tax moves to catalyse foreign debt inflows, bolster bid for global index inclusion

Analysis-India bond-tax moves to catalyse foreign debt inflows, bolster bid for global index inclusion

By Nimesh Vora and Dharamraj Dhutia MUMBAI, June 10 (Reuters) - India's decision to exempt foreigners from taxes on government bonds and broaden access to the debt market is expected to make the country more attractive to overseas investors, catalyse fresh inflows and strengthen its case for
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Indian Gold Prices Drop Below Pre-Duty Hike Levels Amid Global Price Decline

Indian Gold Prices Drop Below Pre-Duty Hike Levels Amid Global Price Decline

Indian gold prices have fallen nearly 2% to their lowest since early May, dropping below pre-duty hike levels due to a sharp decline in global bullion prices. This price correction could potentially boost gold demand in India, the world's second-largest consumer of the precious metal, leading to higher imports. Last month, India raised import tariffs on gold and silver from 6% to 15% to curb overseas purchases and ease pressure on the country's foreign exchange reserves. However, the increased tariffs have also led to a resurgence in gold smuggling, with industry officials warning that smuggling could exceed 100 metric tons this year.
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Market Analyst Warns of Potential Re-escalation in Middle East Conflict Amid Optimistic Sentiment

Market Analyst Warns of Potential Re-escalation in Middle East Conflict Amid Optimistic Sentiment

Market Analyst Warns of Potential Re-escalation in Middle East Conflict Amid Optimistic Sentiment
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Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

By Vivek Kumar M June 9 (Reuters) - Jio BlackRock Asset Management plans to launch its first exchange-traded funds in India by August, seeking to replicate BlackRock's global success in passive investing in a market where ETFs are still nascent.
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Indian Telecom Industry Faces Rising Costs Amid West Asia Conflict

Indian Telecom Industry Faces Rising Costs Amid West Asia Conflict

India's telecommunications sector is grappling with increased operational costs due to rising diesel prices, a consequence of the ongoing conflict in West Asia. The price of diesel in Delhi has risen significantly, impacting telecom operators who rely on diesel generators for backup power, especially in rural areas. This increase in fuel costs is putting pressure on telecom companies' margins and may lead to higher tariffs for consumers. Vodafone Idea, in particular, faces financial strain as it balances the need for tariff hikes with the risk of losing price-sensitive customers. The industry is also exploring renewable energy options to reduce dependency on diesel.
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What to know about Trump's $100,000 fee on H-1B visas and the court decision that struck it down

What to know about Trump's $100,000 fee on H-1B visas and the court decision that struck it down

President Donald Trump last year dramatically ratched up the fee for H-1B work visas to $100,000, saying it would protect American workers from losing their jobs to lower-paid foreigners
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India's Climate Philanthropy Faces Gap in Women-Led Funding

India's Climate Philanthropy Faces Gap in Women-Led Funding

Climate philanthropy in India is expanding, with nearly 28% of family portfolios now including climate action initiatives. However, there is a disconnect between available funding and the women who manage the majority of India's rural agricultural resources. Despite their significant contributions to food systems and biodiversity conservation, women face barriers in accessing financial and physical assets needed for climate-smart farming. Philanthropic interventions often bypass these key leaders, risking lower adoption rates and limited sustainability. Supporting women-led collectives, such as self-help groups and farmer-producer organizations, offers a high-impact avenue for building resilient social infrastructure.
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How the Suzuki Jimny Became a Global Off Road Icon

How the Suzuki Jimny Became a Global Off Road Icon

The Suzuki Jimny is not just a vehicle; it's a global phenomenon. Since its inception in 1970, the Jimny has been sold in 194 countries, adapting t...
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India's Quick Commerce Market Poised for Rapid Growth

India's Quick Commerce Market Poised for Rapid Growth

India's quick commerce market, characterized by local delivery models offering goods within 30 minutes, is rapidly expanding. According to a report by Deloitte and Google, the market is expected to reach $50 billion in annual revenue by 2030, accounting for 10% of the country's e-retail spend. Platforms like Blinkit, Swiggy Instamart, and Zepto dominate this sector, benefiting from India's high population density and rising disposable income. These platforms primarily operate in Tier 1 and 2 cities but are expanding into Tier 3 cities, which house half of the population.
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India-US trade deal can be finalised after tariff probe concludes, official says

India-US trade deal can be finalised after tariff probe concludes, official says

By Shivangi Acharya NEW DELHI, June 8 (Reuters) - India is pushing for preferential new tariffs from the United States as part of talks to finalise an interim trade deal with Washington, an Indian trade official said on Monday.
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Central Bank of India Disburses Rs 47 Crore in Loans During Agriculture Credit Outreach in Mirza

Central Bank of India Disburses Rs 47 Crore in Loans During Agriculture Credit Outreach in Mirza

The Central Bank of India organized a mega agriculture credit outreach campaign in Mirza, reinforcing its commitment to rural development and financial inclusion. The event, held on a Saturday, covered all 57 branches under the region's jurisdiction and saw participation from over 250 individuals, including farmers, Self-Help Group members, rural entrepreneurs, and bank officials. During the campaign, loan assistance worth Rs 47 crore was disbursed to eligible beneficiaries under various agriculture and livelihood-related schemes. This initiative is part of a broader effort to support sustainable economic growth in rural areas.
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Mark Carney's trade push collides with reality of US dependence

Mark Carney's trade push collides with reality of US dependence

By Promit Mukherjee OTTAWA, June 9 (Reuters) - Canadian Prime Minister Mark Carney has captured global attention by championing the idea of an alliance of mid-level economic powers that would operate beyond President Donald Trump's increasingly protectionist United States.