Reuters : India Top News (115)

Cricket: India see a back-up all-rounder in Shankar, says Kohli

NEW DELHI - India plan to groom rookie Vijay Shankar as a back-up pace bowling all-rounder with an eye on future overseas tours, skipper Virat Kohli said on the eve of the second test against Sri Lanka beginning in Nagpur on Friday.

India bars defaulting company owners from bidding to buy back assets

MUMBAI/NEW DELHI - India tightened its fledgling bankruptcy and insolvency rules on Thursday, potentially barring owners of 12 of the country's biggest loan defaulters from bidding to buy back their assets when they are auctioned as part of bankruptcy proceedings.

Bharat Petroleum launches two new LNG tenders for supply: trade sources

LONDON - India's Bharat Petroleum launched a tender seeking a spot liquefied natural gas cargo for delivery in January and a separate tender for three cargoes for May, August and October, trade sources said.

IG Metall demands 10-year job guarantee in Thyssen/Tata talks

ESSEN, Germany - IG Metall, Germany's largest union, has called for a 10-year guarantee for jobs, sites and investments at Thyssenkrupp's steel business as a condition for agreeing to a planned merger with Tata Steel.

Rupee swings up, bonds trim losses on market talk of S&P ratings upgrade

MUMBAI - The Indian rupee rose sharply in late trade after moving in a narrow band for most of Thursday following market talk of a potential sovereign ratings upgrade by Standard & Poor's.

India sets curbs on onion exports as prices surge

MUMBAI - India set a minimum price of $850 per tonne for overseas sale of onions, a government order said on Thursday, as the price of the politically-sensitive vegetable surged to its highest in two years in the local market.

Golf: Chawrasia grabs Hong Kong lead in windy conditions

HONG Kong - India's SSP Chawrasia mastered windy conditions to grab the first-round lead at the Hong Kong Open with a superb five-under-par 65 in the co-sanctioned event on Thursday.

Exclusive: India pares back planned funding for crucial public health scheme

NEW DELHI - India has approved a three-year budget for its flagship public health programme almost 20 percent lower than what the health ministry said was needed, according to sources and previously unreported government documents reviewed by Reuters.

Myanmar, Bangladesh sign Rohingya return deal: Myanmar official

YANGON - Myanmar and Bangladesh signed a memorandum of understanding on Thursday, a senior Myanmar official told Reuters, for the return home of hundreds of thousands of Rohingya refugees who fled to the neighbouring country to escape a Myanmar army crackdown.

India cotton exports to drop as pink bollworms eat crop

WARDHA, India - India is likely to export nearly one-fifth less cotton than previously estimated as pink bollworms are set to eat into the south Asian country's output which was expected to hit a record, industry officials told Reuters on Thursday.

Interview: SBI Life bets on metals, oil and gas sectors for investment growth

MUMBAI - SBI Life Insurance Co. Ltd has increased investments in the metals, oil and gas sectors as a rise in energy and metals prices is set to drive growth in commodity stocks, the insurer's chief investment officer told Reuters.

Cricket: Australia rally late to restrict England

BRISBANE - Australia fought back with two late wickets to restrict England to 196 for four and leave the Ashes series-opener in Brisbane delicately poised on Thursday after the tourists' unheralded batsmen threatened to dominate an intriguing first day.

Insurer Aviva India turns to state-run banks on recapitalisation plan boost

MUMBAI - Aviva Plc's India life insurance joint venture is raising its exposure to the country's state-run banks as it bets the government's $32 billion plan to rescue lenders burdened with record bad loans will boost their prospects.

China tells Myanmar military it wants closer ties

BEIJING - China wants closer ties with Myanmar's military to help protect regional peace and security, a senior Chinese general told the visiting head of the southeast Asian country's army.

Pakistan court orders release of Hafiz Saeed

LAHORE, Pakistan - A Pakistani court on Wednesday ordered the release from house arrest of Islamist leader Hafiz Saeed, accused by the United States and India of masterminding attacks on Mumbai in 2008 in which 166 people were killed, a prosecutor said.

U.S. calls Myanmar moves against Rohingya 'ethnic cleansing'

WASHINGTON - The United States on Wednesday called the Myanmar military operation against the Rohingya population "ethnic cleansing" and threatened targeted sanctions against those responsible for what it called "horrendous atrocities."

Facebook to let users see if they 'liked' Russian accounts

SAN FRANCISCO - Facebook Inc said on Wednesday it would build a web page to allow users to see which Russian propaganda accounts they have liked or followed, after U.S. lawmakers demanded that the social network be more open about the reach of the accounts.

Pakistan court orders release of Hafiz Saeed

LAHORE, Pakistan - A Pakistani court on Wednesday ordered the release from house arrest of Islamist leader Hafiz Saeed, who accused by the United States and India of masterminding the 2008 Mumbai attacks in which 166 people were killed, a prosecutor said.

Lebanon's PM Saad al-Hariri shelves resignation, easing crisis

BEIRUT - Lebanon's Saad al-Hariri on Wednesday shelved his decision to resign as prime minister at the request of President Michel Aoun, easing a crisis that had deepened tensions in the Middle East.

Pakistan court orders release of Hafiz Saeed

LAHORE, Pakistan - A Pakistani court on Wednesday ordered the release from house arrest of an Islamist leader accused by the United States and India of masterminding attacks on the Indian city of Mumbai in 2008 in which 166 people were killed, a prosecutor said.

Ex-Bosnian Serb commander Ratko Mladic convicted of genocide, gets life in prison

THE HAGUE - A U.N. tribunal on Wednesday convicted former Bosnian Serb military commander Ratko Mladic of genocide and crimes against humanity for orchestrating massacres and ethnic cleansing during Bosnia's war and sentenced him to life in prison.

Lebanon's PM Hariri shelves resignation, easing crisis

BEIRUT - Lebanon's Saad al-Hariri on Wednesday shelved his decision to resign as prime minister at the request of President Michel Aoun to allow for dialogue, easing a crisis that had deepened tensions around the Middle East.

Indian navy the odd man out in Asia's 'Quad' alliance

NEW DELHI - The Trump administration is pushing security ties between the United States, India, Japan and Australia, but the revival of the Asian "Quad" must overcome lingering mistrust in New Delhi towards its allies that hampers genuine military cooperation.

Japan's JFE to bid for Bhushan Steel with India's JSW as partner - sources

MUMBAI/TOKYO - Japan's JFE Holdings Inc and India's JSW Steel Ltd are lining up a joint bid with a private equity firm for the assets of India's insolvent Bhushan Steel Ltd, two industry sources familiar with the matter said.

Once triumphant Bosnian Serb commander Mladic reduced to frail genocide defendant

SARAJEVO - In the 1990s he was the burly, brash general leading nationalist Bosnian Serbs towards a seemingly sweeping victory in Bosnia's war. Two decades later, he was reduced to an ailing old man trying in vain to delay judgment for genocide in a U.N. court.

Cabinet approves amendments to India's insolvency and bankruptcy code

NEW DELHI - India's cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code, the finance minister said, changes that are designed to prevent wilful defaulters from bidding for stressed assets.

India's North American coal imports may surge on domestic shortage

NEW DELHI - India's coal imports from North America are likely to surge as buyers are looking to boost purchases amid a domestic shortage of the fuel and a regional ban on petroleum coke, traders and cement company officials said.

Sensex little changed in subdued trade

- Indian shares eased off early highs and were largely unchanged in lacklustre trade on Wednesday, as gains in auto and realty indexes were offset by losses in pharmaceuticals and energy stocks.

Zimbabwe's Mnangagwa to return to the country after Mugabe's resignation

HARARE - Zimbabwe's Emmerson Mnangagwa is set to return to the country on Wednesday and should be sworn in as president following the resignation of Robert Mugabe after nearly four decades in power, a senior ruling party official said.

Meg Whitman stepping down as HP Enterprise CEO

- Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co, ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history.

Rohingya refugees 'drained' by trauma, says U.N. refugee chief

SEOUL - Hundreds of thousands of Rohingya Muslims who fled to Bangladesh from violence in Myanmar have been "drained" by the trauma they suffered during the crisis and a struggle to overcome desperate want, the United Nations refugee chief said on Wednesday.

Hariri, back in Beirut, attends national day parade

BEIRUT - Saad al-Hariri attended independence day celebrations in Beirut on Wednesday after returning to Lebanon for the first time since declaring his resignation as prime minister in a broadcast from Saudi Arabia.

Indian navy the odd man out in Asia's "Quad" alliance

NEW DELHI - The Trump administration is pushing security ties between the United States, India, Japan and Australia, but the revival of the Asian "Quad" must overcome lingering mistrust in New Delhi towards its allies that hampers genuine military cooperation.

Supreme Court upholds ban on petroleum coke in New Delhi area

NEW DELHI - The Supreme Court on Wednesday upheld the ban on use of petroleum coke in and around New Delhi as the country battles to clean the air in its capital, one of the world's most polluted cities.

Cabinet approves amendments to insolvency and bankruptcy code - TV

NEW DELHI - The cabinet on Wednesday gave approval to amend the Insolvency and Bankruptcy Code to prevent wilful defaulters from bidding for stressed assets, two TV channels reported citing unnamed sources.

Moody's upgrade boosts already growing confidence in Indian debt

SINGAPORE/MUMBAI - India's sovereign rating upgrade by Moody's is a shot in the arm for Indian companies looking to raise funds in offshore bond markets.

Indians face higher power bills as government mulls passing on green costs

NEW DELHI - India is considering regulatory changes to let power companies pass on costs of installing emission-cutting equipment to consumers, a government official said, a politically sensitive proposal amid rising pollution in big cities.

SEBI asks for trading data as it probes WhatsApp messages: source

MUMBAI - India's market regulator Securities and Exchange Board of India has asked for trading data on companies mentioned in a Reuters story last week about prescient messages on company earnings in social media chatrooms, a person familiar with the matter told Reuters on Tuesday.

Zimbabwe's parliament starts impeachment process against Mugabe

HARARE - Zimbabwe's parliament began an impeachment process against President Robert Mugabe on Tuesday that looks set to bring his domination of a country he has ruled since independence nearly four decades ago to an ignominious end.

U.S. Congress members decry 'ethnic cleansing' in Myanmar; Suu Kyi doubts allegations

YANGON/NAYPYITAW - Members of the U.S. Congress said on Tuesday operations carried out against the Rohingya Muslims in Myanmar had "all the hallmarks" of ethnic cleansing, while the country's leader Aung San Suu Kyi expressed doubts about allegations of rights abuses.

Sensex rises for fourth day; Reliance, pharma lead

REUTERS - Indian shares rose for a fourth consecutive session on Tuesday, boosted by Reliance Industries Ltd after Goldman Sachs raised its target price on the stock.

Zimbabwe's Mugabe told to resign ahead of impeachment proceedings

HARARE - Zimbabwe's President Robert Mugabe faced the start of an impeachment process on Tuesday and should heed his people's call to resign, said Emmerson Mnangagwa, the ruling party's candidate to replace him.

Myanmar hopes for deal with Bangladesh on Rohingya refugees - Suu Kyi

NAYPYITAW - Myanmar's de facto leader Aung San Suu Kyi said on Tuesday she hopes talks with Bangladesh this week will result in a memorandum of understanding on the "safe and voluntary return" of Rohingya Muslims who fled to Bangladesh in the past three months.

ONGC buys 15 percent stake in Namibia offshore block from Tullow

NEW DELHI - ONGC Videsh Ltd , the overseas investment arm of the country's top explorer Oil and Natural Gas Corp , said on Tuesday it had acquired a 15 percent stake in Namibia's offshore Block 2012A from Tullow Oil .

Automaker Mahindra wants to sell electric vehicles in U.S.

DETROIT - Mahindra & Mahindra Ltd , one of India's oldest vehicle manufacturers, is testing autonomous tractors, trucks and cars, while moving closer to bringing electric vehicles to the United States, Chairman Anand Mahindra said on Monday.

Russia's Putin hosts Syria's Assad for talks - Kremlin

MOSCOW - Russian President Vladimir Putin hosted Syrian leader Bashar al-Assad to talk about the need to move from military operations to the search for a political solution to Syria's conflict, the Kremlin said on Tuesday.

Tencent on global path as it surpasses Facebook in valuation

HONG KONG - China's biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters.

Exclusive: State Department revolt: Tillerson accused of violating U.S. law on child soldiers

WASHINGTON - A group of about a dozen U.S. State Department officials have taken the unusual step of formally accusing Secretary of State Rex Tillerson of violating a federal law designed to stop foreign militaries from enlisting child soldiers, according to internal government documents reviewed by ...

Cricket: India release Kumar, Dhawan from test squad

MUMBAI - India paceman Bhuvneshwar Kumar and opening batsman Shikhar Dhawan have been released from the test squad against Sri Lanka due to "personal reasons", the country's cricket board has said.

Trump: U.S. designates N.Korea a state sponsor of terror, triggering sanctions

WASHINGTON - The United States is imposing further sanctions and penalties against North Korea by designating it a state sponsor of terrorism, U.S. President Donald Trump said on Monday.