Edition:
United Kingdom

Abhirup Roy

India's equity mutual funds show first outflows in more than four years

10 Aug 2020

MUMBAI India's equity mutual funds had outflows last month for the first time in more than four years as investors, worried by a share price crash in March due to the coronavirus pandemic, took their money out as stock prices recovered.

India's police shamed by rare murder probe into custodial deaths

05 Aug 2020

CHENNAI It took a while for Indians to learn how a father and son died in hospital with blood pouring from their rectum, days after police in small southern town locked them up for violating a nationwide coronavirus lockdown.

ICICI Bank quarterly profit misses estimates as provisions soar

25 Jul 2020

MUMBAI India's ICICI Bank Ltd on Saturday reported a quarterly profit that missed analyst estimates as its provisions for bad loans rose sharply to account for the impact of the coronavirus pandemic.

India's IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

20 Jul 2020

MUMBAI/BENGALURU India's Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 billion) debt pile even as the pandemic delayed the resolution process in some of the group companies.

India's tech hub, other towns back in lockdown amid COVID-19 surge

14 Jul 2020

BENGALURU/MUMBAI India's high-tech hub of Bengaluru will go back into a coronavirus lockdown for a week on Tuesday after a surge of infections, threatening to derail government efforts to revive a stuttering economy.

India's tech hub, other towns back in lockdown as coronavirus infections surge

14 Jul 2020

BENGALURU/MUMBAI, July 14 India's high-tech hub of Bengaluru will go back into a coronavirus lockdown for a week on Tuesday after a surge of infections, threatening to derail government efforts to revive a stuttering economy.

Fans in India pray for Bollywood's Bachchans to recover from COVID-19

13 Jul 2020

MUMBAI Fans across India prayed on Monday for Bollywood legend Amitabh Bachchan and others members of his movie star family who have fallen sick with the coronavirus as the one-day rise in infections hit a new record without any sign of a peak.

Fans in India pray for Bollywood's Bachchans to recover from COVID-19

13 Jul 2020

MUMBAI, July 13 Fans across India prayed on Monday for Bollywood legend Amitabh Bachchan and others members of his movie star family who have fallen sick with the coronavirus as the one-day rise in infections hit a new record without any sign of a peak.

Sri Lanka central bank delivers steep rate cuts to support virus-hit economy

09 Jul 2020

MUMBAI/BENGALURU Sri Lanka's central bank delivered an unusually large cut to two of its key interest rates on Thursday as it ramped up efforts to support an economy which has been battered by the COVID-19 pandemic.

UPDATE 1-Sri Lanka c.bank delivers steep rate cuts to support virus-hit economy

09 Jul 2020

MUMBAI/BENGALURU, July 9 Sri Lanka's central bank delivered an unusually large cut to two of its key interest rates on Thursday as it ramped up efforts to support an economy which has been battered by the COVID-19 pandemic.

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