Nov 26 (Reuters) Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group over U.S. bribery charges. TotalEnergies move was the first major fallout after U.S. authorities last week charged Adanis billionaire chairman, Gautam Adani, and seven other people, with agreeing to pay around $265 million in bribes to Indian government officials. The Adani Group ha

BENGALURU, Nov 25 (Reuters) Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous ports-to-soybeans business conglomerate. Here is what you need to know about the U.S. indictment. THE MAJOR U.S. INDICTMENT Gautam Adani, one of worlds richest people, faces his biggest challenge after being charged with seven others for alleged bribery related to power supply deals from

NEW DELHI, Nov 25 (Reuters) Government expects food inflation to slow in the coming months, backed by a bumper summer crop harvest, and remains cautiously optimistic on its economic growth, according to a report. A bumper kharif (summer crop) harvest is expected to lower food inflation in the coming months, the report said. Indias retail inflation surged to a 14-month high in October, driven by high vegetable prices. A favorable monsoon, adequate reservoir levels and higher minimum support pric

Wayanad(Kerala), Nov 23 (PTI) Congress leader Priyanka Gandhi on Saturday cruised to her maiden electoral victory, from the Wayanad Lok Sabha seat in Kerala, with a margin of over 4.1 lakh votes against CPI(M)-led LDFs Sathyan Mokeri, according to figures released by the Election Commission. Priyanka got 6,22,338 votes which was less than the 6,47,445 votes received by her brother Rahul Gandhi in the Lok Sabha polls in Wayanad in April this year, but her victory margin of 4,10,931 was more than

BENGALURU, Nov 8 (Reuters) Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicted, a shade below the central banks tolerance threshold of 6.0%. Food prices, which make up nearly half of the inflation basket, likely increased at a faster pace last month. Tomatoes, a key ingredient in every Indian kitchen, are expected to have surged by double digits in price as uneven rai

NEW DELHI, Nov 7 (Reuters) India is open to offering easier market access for US firms if Washington reciprocates under President-elect Donald Trump, who has long called out New Delhi for its high tariffs, sources aware of the matter said. Trump, who made a stunning political comeback four years after being voted out of the White House, recently labelled India a very big abuser of trade ties, vowing to raise tariffs on all imports by the United States during his campaign. During his first term

NEW DELHI, Oct 14 (Reuters) Indias retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data released on Monday. Annual retail inflation, opens new tab was at 5.49% in September, higher than 3.65% in August, and economists forecast of 5.04%. The print was the highest since December 2023, when retail inflation was at 5.69%. The Reserve Bank of India sees inflation easing after a few months of higher readings and expects it to

New Delhi, Oct 10, 2024: The Congress on Wednesday demanded a thorough probe into discrepancies found in some electronic voting machines (EVMs) during the counting of votes of the Haryana Assembly polls and demanded that such EVMs should be sealed and secured pending the inquiry. A delegation of top Congress leaders comprising former CMs Bhupinder Singh Hooda and Ashok Gehlot and AICC leaders KC Venugopal, Jairam Ramesh, Ajay Maken and Pawan Khera, besides Haryana Congress chief Udai Bhan, met w