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24% consumers in India have experienced online fraud: Report

The report also showed that consumers also tend to actively share inaccurate data in order to protect their personal data Nearly one in four Indians have directly experienced fraud while transacting online, a new report from global information services ...

19 Jun 2018 2:57 am
Vivo NEX A and NEX S rumored to launch in India by second half of July

Vivo NEX smartphone was launched in China last week. While we’ve got a good look at its features and specifications, the company hasn’t revealed anything about launching the device in other markets. Now however, a new rumor has surfaced claiming that ...

19 Jun 2018 2:57 am
In Charts: India’s Stock Market Is Driven By Traders From One City

How India And Ratan Tata Helped Xiaomi Set Up Biggest IPO Since Alibaba In Charts: Is India Really Seeing A Revival In Private Investment? Subsidy For Bigger Homes Will Bring Limited Gains Real Voting Data Shows Rahul Gandhi Closing In On PM Modi!

19 Jun 2018 2:32 am
India: Former Legislator in Bitcoin Extortion Case Declared Proclaimed Offender

An Indian court declared former Member of the Legislative Assembly (MLA) Nalin Kotadiya a proclaimed offender in connection with a Bitcoin (BTC) extortion case amounting to $1.3 million, Business Standard reported June 18. Judge PG Tamakuwala declared ...

19 Jun 2018 2:31 am
Xiaomi is considered the most trusted brand in India: Report says Strategy Analytics

The report indicates that about 60 percent of Android users tend to replace their smartphone within the next 12 months, and naturally opted toward either Xiaomi or Samsung when buying a smartphone with the former considered the most trusted brand with high ...

19 Jun 2018 2:24 am
Morning News Call - India, June 19

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06192018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning ...

19 Jun 2018 2:08 am
Brazil, India corporate debt most vulnerable to rate hikes - McKinsey

LONDON (Reuters) - A 200 basis-point increase in interest rates could spark a sharp rise in the proportion of emerging market corporate debt issues at risk of default, with Brazilian and Indian firms most vulnerable, a report from McKinsey Global Institute ...

19 Jun 2018 1:01 am
Renny Harlin’s Extraordinary Entertainment Sets Deal With India’s B4U

Extraordinary Entertainment, the Chinese company recently launched by Beijing-based Renny Harlin and DJ Parmar, has set a three film deal with India’s B4U. The deal was unveiled in the margins of the Shanghai International Film Festival. The deal between ...

19 Jun 2018 1:00 am
Government set to expand BPO scheme under Digital India initiative to 1 lakh seats

NEW DELHI: The Union government is planning to expand its BPO promotion scheme under the Digital India initiative, with Union Minister Ravi Shankar Prasad stating on Monday that it will more than double the number of seats under the scheme. Launched a few ...

19 Jun 2018 12:10 am
4.5-magnitude earthquake strikes India-China border region

An earthquake of measuring 4.5 on the Richter Scale struck on India-China Border Region at 5.15 am on Tuesday morning. An earthquake of measuring 4.5 on the Richter Scale struck on India-China Border Region at 5.15 am on Tuesday morning. Earthquake of ...

19 Jun 2018 12:01 am
India A begin UK tour with big win over ECB XI

India A began their UK tour on a promising note, thrashing England Cricket Board XI by 125 runs following half centuries from captain Shreyas Iyer, Prithvi Shaw and Ishan Kishan. The trio of Shaw (70 off 61), Iyer (54 off 45) and Kishan (50 off 46) helped ...

18 Jun 2018 11:57 pm
IndiaStack got us excited about lending in India

We three founders first started working on the India market for our previous company – Wonga, aEuropean fintech company, in 2011. At Wonga, we had launched digital lending businesses in a bunch of markets around the world. We knew India would be a whole ...

18 Jun 2018 11:49 pm
Rescued python puts the squeeze on forest ranger in India

An Indian forest ranger received a scary refresher course on dealing with wild animals when a python he rescued began to wrap itself around his head and neck while he posed for photographs. The incident was recorded on camera when the man, identified by ...

18 Jun 2018 11:47 pm
India to press for ‘responsible pricing’ at OPEC meet

NEW DELHI: With crude oil prices having risen steadily over the last year and India’s current account balance beginning to show the strains of rising import costs, Union Petroleum Minister Dharmendra Pradhan is set to press for ‘responsible pricing ...

18 Jun 2018 11:40 pm
Government set to expand under BPO scheme Digital India initiative to 1 lakh seats

NEW DELHI: The Union government is planning to expand its BPO promotion scheme under the Digital India initiative, with Union Minister Ravi Shankar Prasad stating on Monday that it will more than double the number of seats under the scheme. Launched a few ...

18 Jun 2018 11:40 pm
Deported gang associate arrested in India for running drug factory

A longtime Abbotsford gang associate deported to India two years ago has been arrested there for allegedly producing the drug ketamine at his factory in Goa. Jimi Singh Sandhu once tried to convince an immigration board official that he was a changed man ...

18 Jun 2018 11:32 pm
Brazil, India corporate debt most vulnerable to rate hikes -McKinsey

LONDON, June 19 (Reuters) - A 200 basis-point increase in interest rates could spark a sharp rise in the proportion of emerging market corporate debt issues at risk of default, with Brazilian and Indian firms most vulnerable, a report from McKinsey Global ...

18 Jun 2018 10:07 pm
India, Russia aim for $30 bn bilateral trade by 2025: Russian diplomat

Kolkata, June 18 : India and Russia are setting a target for $30 billion in bilateral trade by 2025 and the two countries are working towards developing a Free Trade Agreement (FTA) to facilitate that target, a Russian diplomat said here on Monday.

18 Jun 2018 9:23 pm
Don’t blame oil for India’s rising trade deficit

The widening merchandise trade deficit is reason for concern. It’s easy to pin the blame on high oil prices. However, oil prices were much higher in fiscal year 2013-14, the year of the taper tantrum, but the trade deficit was lower then. More ...

18 Jun 2018 9:22 pm
Chinese envoy for 3-way talks with India, Pakistan

NEW DELHI: The Chinese ambassador to India created a stir on Monday by proposing a China-India-Pakistan trilateral grouping, arguing that the India-China bilateral ties cannot stand another Doklam-type incident. However, Luo Zhaohui's remark was soon ...

18 Jun 2018 8:52 pm
Our investment incentives are neither focused nor competitive, says author of Making Growth Happen in India

Our investment incentives are neither focused nor competitive. Cash outflows from both CSR and MAT are peculiar to entities and manufacturers operating within India. But if the same Indian market is accessed from outside the country, the entities suffer no ...

18 Jun 2018 8:37 pm
Gulkin: India shrimp production likely to drop, US inventories clearing

Siam Canadian Group’s Jim Gulkin heard different views on the outlook for 2018 Indian shrimp production, on a recent trip to the country’s that's aiming to ultimately farm 1 million metric tons of the crustacean. Prices in India and other farming ...

18 Jun 2018 6:44 pm
UK-India week: Fantastic start to 5-day global event

UK-India Week 2018 and the 2nd Edition of 100 Most Influential in UK India Relations was formally launched on Monday. The five-day international event where 'Global Britain Meets Global India' will be held in London and Buckinghamshire. The event witnessed ...

18 Jun 2018 6:13 pm
India looks to boost ties with Latin America

India is stepping up engagement with the 33-country Latin America and Caribbean (LAC) region, which is vital to its oil imports and also offers a huge market for Indian products and services. President Ram Nath Kovind will visit Suriname and Cuba from June ...

18 Jun 2018 5:47 pm
India-US relations come under strain as ties with Russia develop

India’s reliance on Iran for oil, and on Russia for defense equipment, could be choked due to the unilateral sanctions by the US Russia’s share of arms imports falls from 79% between 2008-2012 to 62% in 2013-2017 Relations between India and the United ...

18 Jun 2018 5:46 pm
Our mantra should be ‘produced by China, made in India’: Amitabh Kant

NITI Aayog CEO Amitabh Kant on Monday said that India must make a push for Chinese companies to come and manufacture here, and the strategy must be — produced by China, but made in India. Kant added that Prime Minister Narendra Modi and Chinese President ...

18 Jun 2018 5:45 pm
Parmanu: India’s first nuclear film

Karthika Sasikumar is an associate professor of political science at San Jose State University. She was a Stanton Junior Faculty Fellow... One of the posters for the new film Parmanu: The Story of Pokhran features a satellite in the sky, and a group of ...

18 Jun 2018 5:31 pm
India as ‘Lynchistan’: Act before it’s too late

There must be many more if India is to shake off the shameful sobriquet of “Lynchistan.” People offer funeral prayers of veteran journalist Shujaat Bukhari at Kreeri in Baramulla district of north Kashmir. Bukhari and his two PSOs were shot dead by ...

18 Jun 2018 5:31 pm
India has more to lose in a trade war with US

World trade contributes to world peace and countries trading with each other are unlikely to go to war with each other. US President Donald Trump (Photo: AP) India has been dragged into a trade war unleashed by US President Donald Trump, who imposed a 25 ...

18 Jun 2018 5:26 pm
The 4th Annual India Film Festival of Alberta Announces Lineup

The 4th annual India Film Festival of Alberta (IFFA) is coming to Edmonton,July 13 - 16. Over the four days, 13 films in 9 languages, will be played at the Garneau Theatre (8712 109 Street) and the Heritage Amphitheatre in Hawrelak Park (9330 Groat Road).

18 Jun 2018 4:33 pm
Gods Against Ghosts: The Exorcisms of India’s Mehandipur Balaji

If you want to go to the Balaji temple like a regular tourist, don’t. When I traveled there, I did not take a camera, stayed in the shadows, and did not ask questions. Yet, although I did not record the scenes of that particular evening in any way other ...

18 Jun 2018 4:08 pm
Vivo Nex heading to India in July, price could be around Rs 40,000

Vivo Nex, the apex of all Vivo’s hard work finally materialized in the real world of consumers late last month. There were two main versions- a sensibly priced one with the Snapdragon 710 SoC, and the other one with all the bells and whistles with the ...

18 Jun 2018 3:56 pm
Kraft Heinz considering sale of Complan brand in India - Bloomberg

(Reuters) - Kraft Heinz Co is considering a sale of children's energy drink brand Complan in India, which could fetch about $1 billion, Bloomberg reported on Monday, citing people familiar with the matter. Kraft Heinz is working with an adviser to gauge ...

18 Jun 2018 3:40 pm
Kraft Heinz considering sale of Complan brand in India - Bbg

June 18 (Reuters) - Kraft Heinz Co is considering a sale of children's energy drink brand Complan in India, which could fetch about $1 billion, Bloomberg reported on Monday, citing people familiar with the matter. Kraft Heinz is working with an adviser to ...

18 Jun 2018 3:39 pm
Meet the Artist Who Came to India to Become a Hit in America

The biggest barometer of change in Zoya’s (whose full name is Zoya Mohan) tonal shift can be seen in the way reviews describe her new album The Kingdom. There are no allusions to Fiona Apple or Susheela Raman, no mention of folksy or quaint and little ...

18 Jun 2018 3:24 pm
India-Pakistan ties purely bilateral, no space for third country, says India after China suggests trilateral summit

India on Monday said matters related to India-Pakistan relations are purely bilateral in nature and that there is no scope for involvement of any third country, reacting to Chinese envoy Luo Zhaohui’s comments endorsing trilateral cooperation among India ...

18 Jun 2018 3:14 pm
Belgium's Incofin plans $80-million India Progress Fund

The firm has over $1 billion asset under management with investments in 316 companies in 45 countries. Besides equity investments, it also provides debt capital. KOLKATA: Belgium-based Incofin Investment Management, which holds equity in India’s top ...

18 Jun 2018 3:12 pm
Ikea was shut out of India for years. Now it's going big

Before moving to India, John Achillea managed an Ikea store in St. Louis, Missouri, that got 1.6 million visitors a year. That was nothing. Achillea, who started working for Ikea in 1996, is now racing to open the brand's first location in India.

18 Jun 2018 3:07 pm
UK-India week LIVE UPDATES: 5-day global event to begin shortly

UK-India Week 2018 and the 2nd Edition of 100 Most Influential in UK India will be formally launched today. The five-day international event where 'Global Britain Meets Global India' will be held in London and Buckinghamshire. The event will witness ...

18 Jun 2018 2:46 pm
Kraft Heinz Is Said to Consider Sale of Complan Brand in India

How India And Ratan Tata Helped Xiaomi Set Up Biggest IPO Since Alibaba In Charts: Is India Really Seeing A Revival In Private Investment? Subsidy For Bigger Homes Will Bring Limited Gains Real Voting Data Shows Rahul Gandhi Closing In On PM Modi!

18 Jun 2018 2:46 pm
India-Pak ties bilateral in nature, no scope for 3rd country: MEA

The MEA reacted to Chinese envoy Luo Zhaohui's suggestion of a trilateral summit comprising India, China and Pakistan. The MEA also stated that they have not received any such suggestion from the Chinese government. (Photo: File) New Delhi: The Ministry ...

18 Jun 2018 2:33 pm
Don’t Question Government On Appointment Of Next Chief Justice Of India: Law Minister

How India And Ratan Tata Helped Xiaomi Set Up Biggest IPO Since Alibaba In Charts: Is India Really Seeing A Revival In Private Investment? Subsidy For Bigger Homes Will Bring Limited Gains Real Voting Data Shows Rahul Gandhi Closing In On PM Modi!

18 Jun 2018 2:30 pm
Kraft Heinz Considers Sale of Complan Brand in India

Kraft Heinz Co. is considering a sale of children’s energy drink brand Complan in India, which could fetch about $1 billion, according to people familiar with the matter. Kraft Heinz is working with an adviser to gauge interest in the business, which ...

18 Jun 2018 2:24 pm
India says fugitive celebrity jeweller last seen in Britain

Fugitive billionaire jeweller Nirav Modi was last seen in Britain in March, Indian federal investigators said Monday. The Central Bureau of Investigation (CBI) is probing a multi-billion dollar scam allegedly involving Modi, who is worth $1.73 billion ...

18 Jun 2018 1:49 pm
Meet the straight woman arranging same-sex marriages in India

Urvi Shah, a 24-year-old straight woman living in India, has helped hundreds of LGBTQ people find love through the Arranged Gay Marriage Bureau. Arranged Gay Marriage Bureau founder Urvi Shah has helping the LGBTQ community find their match since December ...

18 Jun 2018 1:18 pm
Why Is Shehbaz Sharif Highlighting India-Pakistan Relations?

Shehbaz Sharif — former chief minister of Punjab, current Pakistan Muslim League-Nawaz (PLM-N) president, and the party’s prime ministerial candidate for the general election — while reacting to the meeting between U.S. President Donald Trump and ...

18 Jun 2018 12:57 pm
India-Vietnam Defense Relations in the Spotlight with Bilateral Visit

Last week, as expected, Indian defense minister Nirmala Sitharaman paid a four-day official visit to Vietnam. Although the visit was just one of a series of scheduled defense engagements by the two sides in 2018, it once again put the spotlight on growing ...

18 Jun 2018 12:56 pm
India: Monsoon to spread west; North to endure heat wave this week

A recent break in the monsoon will give way to more typical monsoon rainfall this week across eastern India. Showers and thunderstorms will increase in coverage each day through Thursday from Telangana to West Bengal and eastern Bihar. Advancement to the ...

18 Jun 2018 12:08 pm
The sorry lives of India's captive elephants

India's southern state of Kerala has had a long tradition of using elephants for religious celebrations and parades. The pomp, however, belies the cruel conditions under which these gentle giants live. Roughly 10,000 temple festivals and processions take ...

18 Jun 2018 12:07 pm
UK-India links celebrated at awards night

India – UK collaborations saw a new landmark as around 50 schools from India gathered in London to celebrate and strengthen this partnership at a Thought Leadership Award ceremony. Ruhi Khan has worked as a journalist in Mumbai and London in both print ...

18 Jun 2018 12:05 pm