Dubai: The Indian government has dismissed claims that the Reserve Bank of India (RBI) sold nearly $12 billion worth of gold reserves to protect the rupee and bolster foreign currency assets, calling the assertion “fake” and inconsistent with official data. The clarification came after a Bloomberg Economics analysis suggested that the RBI may have offloaded…
Smoke rises from Kuwait international airport after a drone strike (AP photo) An Indian national was the victim in the attack on Kuwait airport by Iranian drones earlier on Wednesday.“Embassy of India in Kuwait expresses its deepest condolences at the tragic demise of an Indian national due to an attack on the airport in Kuwait…
Morgan Stanley sees India data center growth potential Source link
Published On 3 Jun 20263 Jun 2026 At least 21 people have been killed and several others injured after a fire swept through a multistorey building in a crowded neighbourhood of the Indian capital, New Delhi, police said. The blaze broke out on Wednesday in Malviya Nagar in the city’s south in a building that…
By Aditya Kalra NEW DELHI, June 3 (Reuters) – Apple has agreed to submit the financials of its India business to the country’s antitrust body as part of an investigation that found the U.S. firm abused its market position, taking the long-delayed case a step closer to a potential penalty decision, an agency order shows….
India is likely to order more than $2 billion worth of military drones from domestic firms this year in its biggest such purchase, an industry body working with the government told Reuters, as global and regional conflicts boost demand. Source link
It took eight fire engines to extinguish the blaze, as more than 40 people were rescued and taken to nearby hospitals. By AFP, Reuters and The Associated Press Published On 3 Jun 20263 Jun 2026 At least 21 people have been killed in a fire that ripped through a hotel in New Delhi, police said,…
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At least 21 people were killed and several others injured after a fire tore through a building in New Delhi. Some of the victims were foreign nationals who had travelled to India for medical treatment. DW has more. Source link
India is poised to announce steps to draw more foreign investments by reducing taxes and removing caps on the ownership of some bonds as soon as this week, according to people with knowledge of the matter. Source link
