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  • India confident on inflation even with sub-par monsoon - Sinha
    India confident on inflation even with sub-par monsoon - Sinha

    India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon rains this summer are borne out, junior finance minister Jayant Sinha told Reuters in an interview. "Just like we have done in the past, we are very confident that this year as well we will be able to manage potentially inflationary pressures," Sinha said. Sinha also advised exporters to rely on innovation rather than on the advantage of a weak currency to boost India's international competitiveness. …

  • Interview - RBI to retain powers to regulate government bonds - Sinha
    Interview - RBI to retain powers to regulate government bonds - Sinha

    By Douglas Busvine and Rajesh Kumar Singh NEW DELHI (Reuters) - India will not take away the Reserve Bank of India's (RBI) power to regulate trade in government bonds even as it prepares to remove the central bank's responsibility for managing public debt, the junior finance minister told Reuters in an interview. Jayant Sinha's comments signal a compromise over the biggest regulatory overhaul in a generation, which had become a source of friction between the RBI and the finance ministry. The …

  • A friend in need: China, India turn on aid diplomacy in Nepal
    A friend in need: China, India turn on aid diplomacy in Nepal

    By Sanjeev Miglani and Ross Adkin DHADING, Nepal/KATHMANDU (Reuters) - At a 12-bed hospital deep in Nepal's Himalayan mountains, Indian Air Force helicopters bring in the casualties of a devastating earthquake that has killed more than 4,000: injured men, women and children plucked from hilltops and inaccessible valleys. Nepal's government has struggled in the wake of the country's worst earthquake in nearly a century, its officials have been largely absent from public view. "We have no …

  • Nepalis dig through quake rubble for survivors, PM says toll could be 10,000
    Nepalis dig through quake rubble for survivors, PM says toll could be 10,000

    By Rupam Jain Nair and Gopal Sharma KATHMANDU (Reuters) - The death toll from Nepal's devastating earthquake could reach 10,000, the prime minister said on Tuesday, as residents frustrated by the government's slow response used their bare hands to dig for signs of their loved ones. "The government is doing all it can for rescue and relief on a war footing," Prime Minister Sushil Koirala told Reuters. "It is a challenge and a very difficult hour for Nepal." International aid has finally …

  • We are confident of winning a medal at the Rio Olympics: Manpreet Singh
    We are confident of winning a medal at the Rio Olympics: Manpreet Singh

    The Indian midfielder is optimistic of his troops going all the way in Rio. …

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