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ICICI Bank Q1 net profit up 17 percent, beats estimates

MUMBAI - ICICI Bank Ltd, India's second-biggest lender by assets, on Thursday beat estimates with a 17 percent rise in quarterly net profit, helped by growth in credit demand and higher fee income.

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IOC to cut petrol prices by 1.5 pct from Friday

REUTERS - Indian Oil Corp (IOC) will cut the retail price of petrol by about 1.5 percent, or 1.09 rupees/litre at Delhi, from Friday as global prices of the fuel have eased since the last revision, the company said in a statement on Thursday.

31 Jul 2014

Shares off as Wall St tumbles; dollar edges up

NEW YORK - Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina's second default in 12 years, while the dollar edged higher against a basket of major currencies.  

12:28am IST

Nifty falls most in 2-1/2 weeks; earnings fail to impress

MUMBAI - The Nifty fell nearly 1 percent on Thursday, marking its biggest single-day fall in nearly 2-1/2 weeks, weighed down by foreign investors' sales after earnings at blue chips such as Maruti Suzuki Ltd failed to impress markets.

31 Jul 2014

August rains hold key to India's summer crops

NEW DELHI - August rains hold the key to India's major summer crops such as rice, soybean, cane and cotton, after a wet end to July failed to make up fully for a dry start to the four-month monsoon season.

Top News 31 Jul 2014

Rupee slumps to three-month low on dollar buying by state-run banks

MUMBAI - The rupee slumped to a three-month low on Thursday, hurt by a rally in the dollar in global markets that helped spur state-run banks into buying greenbacks for corporate- and defence-related payments.

31 Jul 2014

REUTERS SHOWCASE

WTO Row

WTO Row

U.S. says hopeful of WTO deal with India only hours before deadline  Full Article 

Pharma Sector

Pharma Sector

FDA raises concern over drug production process at Cadila  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Fuel Prices

Fuel Prices

IOC to cut petrol prices by 1.5 pct from Friday  Full Article 

Tracking Monsoon

Tracking Monsoon

Monsoon turns patchy after revival   Full Article 

Economic Pulse

Economic Pulse

India's infrastructure output growth hits 9-month high in June  Read | Fiscal deficit 

Joint Bid

Joint Bid

ONGC, Oil India bid $1.5 bln for stake in Murphy Oil's Malaysia assets - sources  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

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