Home Tags India

Tag: india

India, pharmacy of the world, falls behind on vaccinations at home

NEW DELHI - India has won plaudits for gifting and selling COVID-19 vaccines around the world, but it will have to crank up the...

India plans foreign investment rule changes that could hit e-commerce

NEW DELHI — India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com, Inc., to restructure their ties with some major sellers.

India’s protesting farmers hold key to self-reliance in edible oils

MUMBAI/NEW DELHI — Indian farmer Shingara Singh has grown grain for 35 years and is one of thousands of protesters against agricultural reforms who have the power to help slash a huge annual bill of $10 billion for imports of vegetable oils.

India approves AstraZeneca, local COVID vaccines

NEW DELHI — India’s drugs regulator on Sunday gave final approval for the emergency-use of two coronavirus vaccines, one developed by AstraZeneca and Oxford University and the other by local company Bharat Biotech and a state-run institute.

India lifts ban on onion exports as prices plunge

MUMBAI - India decided on Monday to lift a ban on onion exports from Jan. 1, as prices have fallen sharply in the last...

India’s Serum Institute seeks emergency use nod for AstraZeneca’s COVID-19 vaccine...

BENGALURU — Serum Institute of India, the world’s largest vaccine producer by volume, has sought emergency use authorization in the country for AstraZeneca Plc’s COVID-19 vaccine candidate, its chief executive officer said on Monday.

Active enforcement against foreign bribery down sharply since 2018

WASHINGTON — Active enforcement against foreign bribery has dropped sharply since 2018, and three places — China, Hong Kong and India — did not open a single foreign bribery investigation from 2016 to 2019, a new report by watchdog Transparency International found.

PHL, India considering bilateral trade deal

THE PHILIPPINES and India are considering a bilateral preferential trade agreement (PTA), which the Trade department said will diversify the base of Philippine export products shipped to the region.

Modi pledges to use India vaccine-production capacity to help ‘all humanity’

NEW YORK — Indian Prime Minister Narendra Modi pledged at the United Nations (UN) on Saturday that his country’s vaccine production capacity would be...

Asian business confidence rebounds sharply, pandemic casts shadow — Thomson Reuters/INSEAD

BENGALURU, India — Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/INSEAD survey showed.

Skyrocketing Indian virus cases could eclipse US outbreak

The novel coronavirus seemed like a distant problem in Boisar, a small factory town about two hours from Mumbai, until Daniel Tribhuvan died.

India overtakes Brazil as country second-worst hit by COVID-19

BENGALURU — India’s coronavirus infections surged past 4.2 million on Monday as it overtook Brazil to become the country with the second-highest number of cases.

India’s sugar crop faces delays with COVID-19 raging throughout nation

MUMBAI/NEW YORK  — India is facing potential delays in the harvest of its massive sugarcane crop, threatening supply worldwide, as millions of migrant workers needed for the harvest may be scared to travel as coronavirus infections surge throughout the country.

India becomes world’s new virus epicenter

INDIA is fast becoming the world’s new virus epicenter, setting a record for the biggest single-day rise in cases as experts predict that it’ll soon pass Brazil — and ultimately the US — as the worst outbreak globally.

Global coronavirus cases hit 20 million

GLOBAL coronavirus cases pushed past 20 million on Monday, according to a Reuters tally, with the United States, Brazil and India accounting for more than half of all known infections.

India widens China app ban to cover more from Xiaomi, Baidu

NEW DELHI — India has banned some mobile apps of Chinese companies such as Xiaomi Corp. and Baidu Inc., three sources told Reuters on...

Herd immunity seems to be developing in Mumbai’s poorest areas

AROUND SIX in 10 people living in some of India’s biggest slums have antibodies for the novel coronavirus indicating they’ve recovered from infection, in what appears to be one of the highest population immunity levels known worldwide.

Controversial matchmaking show helps Netflix in battle for India

NETFLIX, INC. has hit the sweet spot with a controversial reality series on a jet-setting Indian matchmaker helping her picky clients find life partners, in a boost to the streaming giant’s efforts to produce local content for subscribers in new markets.

India water crisis becoming a problem for rice farmers, Modi

ON A SCORCHING summer day in northern India, Ajay Singh sat next to his water pump and scanned his 10 acres of farmland. He once used to grow rice each season to bring in about 150,000 rupees ($2,000) a year, well above the average income in the world’s second-most populous country.

Signs of farm ‘revolution’ in India as coronavirus prompts change

RAIPUR JATTAN, India/SINGAPORE — For more than two decades, Indian farmer Ravindra Kajal cultivated rice the way his forefathers had—every June he flooded his fields with water before hiring an army of farmhands to plant paddy seedlings.

TikTok distances from Beijing in response to India app ban

NEW DELHI — Social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence seen by Reuters.

India bans TikTok and 58 other Chinese apps citing security concerns

India banned ByteDance Ltd.’s viral short-video service TikTok and 58 other Chinese apps, citing threats to its sovereignty and security as relations between the world’s two largest populations worsened.

Asia’s wealthiest man joins club of world’s 10 richest

Asia’s richest man has entered a new league of wealth.

PHL, India sign agreements on maritime security, other areas

THE GOVERNMENTS of India and the Philippines on Friday signed four agreements that will strengthen ties in maritime security, tourism, science and technology, and cultural cooperation.

Mega mergers fail to lure funds to India’s state-run bank stocks

INDIA’S BIGGEST bank overhaul in decades to merge state-run lenders beset with bad loans and low capital hasn’t convinced investors to increase holdings of the shares.

Shadow bank crackdown accelerates in India

INDIA IS stamping out shadow financiers at the fastest pace in recent years, in the latest blow to a beleaguered sector battling a prolonged funding crunch due to rising wariness toward it in the nation’s credit markets.

Visa critical of India’s plan to ax debit transaction fees

MUMBAI — Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.

India bans most popular game over fear of creating ‘psychopaths’

INDIA doesn’t have much of a history with popular computer games, unlike the US or Japan. But now one of the industry’s kill-or-be-killed titles has become a smash hit — and the backlash from the country’s traditionalists is ferocious.

Fastest-growing major emerging market holds shaky crown as risks mount

MUMBAI/NEW DELHI — India’s world-beating economic growth is running up against some big risks: high oil prices, emerging market stress as the era of easy money draws to a close, and policy paralysis in the run-up to next year’s federal election.

Facebook and Google chase a new $1 trillion payments market

Surendrasingh Sucharia always has a few thousand rupees in his pocket, but can’t recall the last time he used cash. The 29-year-old product manager...

Direct flights to India expected to boost two-way visitor traffic

INDIA EXPECTS additional direct flights to and from the Philippines to expand visitor traffic both ways, its ambassador said.

Emerging-market carnage sidesteps India as locals buy stocks

As emerging-market stocks reel under the pressure of a rising dollar and fiery trade rhetoric, Indian equities are charting a different course. The nation’s benchmark...

China Accuses U.S. of Trade `Abuses’ as India Hits Back at...

THE global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialize, while India followed the European Union in slapping retaliatory levies on U.S. goods.

India urges global planemakers to ‘Make in India’

MUMBAI -- India wants to encourage aircraft makers to manufacture in the country, starting with components and moving eventually to complete aircraft, Aviation Minister...

India police investigate AirAsia boss Tony Fernandes

New Delhi -- India's federal police Tuesday raided the local offices of budget carrier AirAsia as investigators accused the airline's boss Tony Fernandes of...

India, Indonesia among Asia’s most debt risky nations

THE PHILIPPINE Institute for Development Studies (PIDS) wants to broaden the level of transparency in the government's foreign investment negative list.

Singapore bourse sued by India exchange in dispute over futures

The National Stock Exchange of India Ltd. sued Singapore Exchange Ltd. in a Mumbai court, escalating a dispute that threatens to leave international investors...

Critics say India heritage scheme means Taj Mahal privatization

NEW DELHI — Heritage activists Sunday accused the Indian government of trying to privatize historic relics such as the Taj Mahal after it launched...

Indian firm wants to join PH telco market — Duterte

By Arjay L. Balinbin President Rodrigo R. Duterte announced on Tuesday, Feb. 20, that an Indian firm is seeking to invest in the Philippines’ telecommunications...

Duterte receives trade agreements, unfazed by terrorist threat during India visit

PRESIDENT Rodrigo R. Duterte is undaunted by the alleged ISIS threats against him during his stay in India for the ASEAN summit and the...

Duterte’s passage to India yields 9 investment deals

By Arjay L. Balinbin THE PHILIPPINES has inked nine investment agreements with Indian corporations, Trade Secretary Ramon M. Lopez said on Thursday, Jan. 25, amid...

Arundhati Roy: the literary canary in India’s coalmine

NEW DELHI, INDIA — She may have returned to publishing fiction after a two decade hiatus, but Indian writer Arundhati Roy says she has...

Puma accused of defacing Indian heritage for shoe commercial

NEW DELHI — Global sportswear giant Puma was accused Tuesday of irreversibly damaging 17th-century architecture in Delhi’s historic quarter as part of an advertising...

Modi’s big economic gamble in tatters as cash remains king

CORRUPTION, black money, terrorism, fake currency — Prime Minister Narendra Modi resolved to eliminate all in one stroke when he announced India’s biggest-ever cash...

India bond party set to cool amid inflation, fiscal risks

THE BULL RUN in Indian sovereign bonds is petering out as accelerating inflation and the risk of worsening public finances cloud the outlook for...