Indian shares rose more than 1% on Tuesday as heavyweights Reliance and Housing Development Finance Corp provided a boost, with investors eyeing upbeat global cues ahead of a new presidency under U.S. President-elect Joe Biden.
Shubman Gill fell short of a brilliant century and Cheteshwar Pujara was battered and bruised but India eyed a victory for the ages on Tuesday, needing 145 runs to win the fourth test decider against Australia with seven wickets in hand at tea on day five.
India is considering hiking import duties by 5%-10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three government sources privy to the discussions told Reuters on Monday.
Pakistan on Monday approved the Chinese Sinopharm COVID-19 vaccine for emergency use, a government statement said, two days after AstraZeneca's vaccine developed with Oxford University received a similar authorization.
Maruti Suzuki India Ltd will raise prices for some car models to mitigate the impact of rising costs, the country's largest automaker by market value said on Monday.
Several Indian companies are considering buying COVID-19 vaccines for their employees, once they become available commercially, just days after the government began a huge vaccination drive.
Indian opposition parties called on Monday for an investigation into chat messages from a top TV anchor that they said showed prior knowledge of air strikes carried out by Prime Minister Narendra Modi's government against Pakistan in 2019.
Total is paying $2.5 billion for a share in India's Adani Green Energy Limited (AGEL) and its solar power assets, in what the French company said was its biggest investment yet in renewables.
Indian shares ended at a more than one-week low on Monday, weighed down by non-bank financial companies (NBFCs) on fears over possible tighter rules for the sector, although gains in heavyweights HDFC Bank and Reliance Industries capped losses.
Mukesh Ambani's Reliance Industries plans to embed its ecommerce app JioMart into WhatsApp within six months, financial daily Mint reported https://bit.ly/3oTRtPB on Monday, as the Indian conglomerate looks to ramp up its retail and grocery business in the country.
Australia stretched their lead to 276 runs in the fourth test decider against India in Brisbane on Monday before rain brought tea early with the hosts having reached 243 for seven.