Nepal

NEW DELHI, July 22 (Reuters) – India has rejected Chinese automaker BYD Co’s (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday. Reuters reported this month that BYD had submitted a $1 billion …

[1/2]National Disaster Response Force (NDRF) personnel and other volunteers climb up a mountain to reach the site of a landslide at a village in Raigad, in the western state of Maharashtra, India July 20, 2023. REUTERS/Francis Mascarenhas MUMBAI, July 22 (Reuters) – The death toll from a landslide in India’s …

Summary Air India plans to lease three Boeing 777-300ERs from Singapore Airlines to replace older, less efficient widebody jets to enhance operational efficiency and passenger experience. Air India’s fleet expansion includes an order for 250 Airbus and 220 Boeing aircraft, as well as an order for 800 CFM LEAP engines …

In a survey conducted by 3M, the global firm found that 80 per cent of Indian respondents believe that a shortage of ‘skilled’ trade workers in the country could have a negative economic impact, and lead to decline in overall quality of life and neglected public infrastructure. Skilled trade workers …

New Delhi: A United Nations survey recognizes India’s commitment to global trade facilitation, earning the nation an impressive 93.55% score in 2023, a marked rise from 90.32% in 2021, Central Board of Indirect Taxes and Customs (CBIC) chairperson Vivek Johri said in a weekly newsletter posted on the tax authority’s …

MUMBAI, July 22 (Reuters) – ICICI Bank (ICBK.NS), India’s second-largest private lender, beat expectations to deliver a record first-quarter net profit on Saturday, helped by higher interest income and loan growth. The Mumbai-based lender reported a near-40% rise year-on-year in net profit to 96.48 billion rupees ($1.18 billion) for the …

FY24 has started with a bang with MSCI India moving up 13%, when MSCI World index was up only 4% and MSCI EM down 1%. India is the second-best performing market since April 2023, coming behind the Japanese Nikkei which is up 15%, tipping NASDAQ which is up 12%. (Source: …

Oil prices are expected to increase in the second half of 2023, according to the International Energy Forum. Christopher Furlong | Getty Images News | Getty Images Oil prices are set to rise in the second half of the year as supply struggles to meet demand, according to the Secretary …

MUMBAI, July 22 (Reuters) – India’s Kotak Mahindra Bank (KTKM.NS) beat expectations on Saturday with a 67% year-on-year rise in net profit for the April-June quarter, helped by higher net interest income and robust loan growth. The Mumbai-based private lender’s standalone net profit rose to 34.52 billion rupees ($421.1 million) …

D Gukesh of Chennai touched Elo 2750 with two wins in the last two rounds of the Turkish League on Thursday. With that, he broke Magnus Carlsen’s record of being the youngest to touch this level of FIDE rating. When the world governing body publishes the new rating list on …