Money

Ex-Goldman director Rajat Gupta starts prison term on June 17

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NEW YORK - Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading.

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India passes halfway mark in election with Hindu nationalists gaining strength

BANGALORE - India called a quarter of its 815 million voters to polls on Thursday, the biggest day of its staggered election, in areas ranging from Himalayan passes to a southern IT hub and western sugarcane farms.

17 Apr 2014
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Reliance Industries, HPCL Mittal plan refinery expansions

NEW DELHI - Reliance Industries , owner of the world's biggest refining complex, and HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal, have sought environment ministry approval for raising capacity of their plants.

17 Apr 2014
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A star abroad, RBI boss riles bond traders at home

MUMBAI - Since taking the helm of the Reserve Bank of India, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return.

Economy, 17 Apr 2014

Piramal to buy 20 percent stake in Shriram Capital for $334 million

MUMBAI - Piramal Enterprises Ltd said it agreed to buy a 20 percent stake in unlisted Shriram Capital Ltd for 20.14 billion rupees ($334 million), increasing its foothold in the financial services sector.

Deals 17 Apr 2014

Ex-BP employee settles SEC insider-trading oil spill case

WASHINGTON - A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges alleging he used non-public information about the disaster to commit insider-trading, U.S. regulators said on Thursday.

17 Apr 2014

REUTERS SHOWCASE

Record Highs

Record Highs

Nifty touches record high; software stocks gain.  Full Article 

New Adviser

New Adviser

Arvind Subramanian likely to be chief econ adviser.  Full Article 

Pricing Mechanism

Pricing Mechanism

Govt sets up a four-member panel to re-examine gas pricing.  Full Article 

Royalty Rates

Royalty Rates

India to hike iron ore royalty, miners may struggle to pass on extra cost.  Full Article 

Diesel Deregulation

Diesel Deregulation

Oil ministry to seek Cabinet nod on diesel deregulation - sources  Full Article 

Commodities

Commodities

Gold near two-month low; set for weekly drop on interest rate fears  Full Article 

Reuters Exclusive

Reuters Exclusive

Apple iPhone 6 screen snag leaves supply chain scrambling   Full Article 

Helping Regional Mills

Helping Regional Mills

Govt raises sugar import duty to 25 pct from 15 pct.  Full Article 

Curbing Risks

Curbing Risks

RBI to lower ceiling on bank loans to a single corporate group.  Full Article 

Reuters India Mobile

Reuters India Mobile

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

Markets

India Indices

59.44
26,419.55
+0.23%
22.10
7,913.20
+0.28%
20.32
9,340.87
+0.22%
2.12
845.18
+0.25%

Int'l Indices

-38.27
17,001.22
-0.22%
-47.01
15,539.19
-0.30%
-2.41
6,775.25
-0.04%
118.13
25,112.23
+0.47%
10.35
2,240.81
+0.46%

Currencies

60.465
100.18
80.068
0.58160