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[1/3] Russian Foreign Minister Sergei Lavrov and his Indian counterpart Subrahmanyam Jaishankar attend a news conference following their talks in Moscow, Russia, November 8, 2022. India is keen to boost trade in this way, said the source, as it tries to narrow a ballooning trade deficit with Russia. During the Moscow visit, Jaishankar said India needed to boost exports to Russia to balance bilateral trade that is now tilted towards Russia. The list of items from Russia, which runs to nearly 14 pages, includes car engine parts like pistons, oil pumps and ignition coils. India is hoping to boost its exports to nearly $10 billion over coming months with Russia's list of requests, according to the government source.

☆ Nepal's ruling party seen emerging as the single largest in elections
▼ + stars: | 2022-11-23 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

The Nepali Congress of Prime Minister Sher Bahadur Deuba has won 13 of 22 results declared, with three each going to the main opposition Nepal Communist Unified Marxist-Leninist (UML) party and the newly formed National Independent Party (NIP). A five-time prime minister, Deuba won his remote Dadeldhura constituency for the seventh straight time since 1991. The Maoist Centre, a dominant partner in the ruling coalition, is leading in 14 seats and has won just two seat in the parliament. But final results could be about 10 days away, as election officials need to count millions of paper ballots manually. read moreThe Nepali Congress party is seen as pro-India, while the UML is considered closer to China.

☆ Nepalis vote amid looming inflation, political stability concerns
▼ + stars: | 2022-11-20 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

There are no pre-election polls, but political analysts expect the ruling alliance to retain power. Polls close at 5 p.m. (1115 GMT), the Election Commission said. "Let us celebrate democracy by participating in voting," Deuba said. Political stability has proven elusive for the poor nation, wedged between China and India, discouraging many investors. The Election Commission has urged voters to cast their secret votes without fear of threat, intimidation and obstacle.

☆ Air India in talks with Airbus, Boeing to buy planes, says CEO
▼ + stars: | 2022-11-19 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, Nov 19 (Reuters) - Tata Group-owned Air India is in talks with Boeing and Airbus (AIR.PA) about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft, the airline's chief executive said on Saturday. Wilson said Air India planned to expand its fleet and global network, aiming to increase its market share to 30% on both domestic and international routes over the next five years. At present, Air India has a domestic market share of about 10% and an international market share of around 12%, according to industry estimates. Air India said in September it would lease 30 Boeing and Airbus planes, expanding its fleet by more than 25% as part of the drive to boost market share and to improve service levels. Industry sources said in July that Air India was moving closer to a decision on an order worth $50 billion at list prices to be split between Airbus and Boeing.

☆ Explainer: Key issues in Nepal's national elections
▼ + stars: | 2022-11-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

KATHMANDU, Nov 18 (Reuters) - Nepal will hold national and provincial elections on Sunday, which the ruling coalition, led by the centrist Nepali Congress party, are expected to win. MAIN CONTESTANTSPrime Minister Sher Bahadur Deuba, who leads the Nepali Congress party, has allied with the Maoist Centre party, the main group of former Maoist rebels. His Nepali Congress party is considered the closest to India. The Maoist Centre party led by supremo Prachanda could emerge as a kingmaker in case of inconclusive elections. CHINA, INDIA INTERESTNeighbouring China and India, with their strategic and economic interests, will be watching the election results.

☆ India's Oct retail inflation eases, spurs smaller rate hike views
▼ + stars: | 2022-11-14 | by ( Manoj Kumar | ) www.reuters.com time to read: +4 min

The annual retail inflation was 7.41% in September. Food prices, which account for nearly 40% of the CPI basket, rose 7.01% in October, compared with 8.60% in September. Month-on-month retail inflation rose 0.80% in October, compared with the previous month, while retail food inflation rose 1.08% — reflecting inflationary pressures in the economy. Last week, ratings agency Moody's revised down India's GDP growth forecast to 7% in 2022, from earlier estimate of 7.7%, and to 4.8% in 2023. Excluding the volatile food and energy components, the core inflation rose 5.9% to 6.3% last month, according to three economists' estimates, compared to 6.07% to 6.1% in September.

☆ Nepal’s Oli vows balanced ties with China, India if returned to power
▼ + stars: | 2022-11-04 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

KATHMANDU, Nov 4 (Reuters) - Nepal's main communist opposition party will balance the Himalayan nation's ties with neighbours China and India for mutual benefit if it is returned to power in a general election this month, its leader said. India, Nepal’s biggest trade and economic partner, sees it as a natural ally and has invested billions of dollars in its infrastructure. Sharma Oli, a two-time former prime minister and president of opposition Communist Party of Nepal (Unified Marxist-Leninist), or UML, told Reuters in an interview on Wednesday. Our foreign policy will be based on mutual benefits and mutual respect,” Oli said as he sat in his office. "The high interest rates are not helpful to businesses and industries," Oli said, vowing to cut rates if returned to power.

BALLARI, India, Oct 17 (Reuters) - Members of India's opposition Congress party voted on Monday to elect its first head in nearly 25 years from outside the Nehru-Gandhi dynasty of leaders, with a veteran loyal to the family expected to win. "We are strongly supporting Kharge and expect he will get 80% to 90% of the votes of party delegates," Ajay Kumar Lallu, a Congress delegate from the most populous state of Uttar Pradesh, told Reuters. "Kharge represents the ideology of the party, has the support of the senior leadership, and is likely to work by taking along party workers," Lallu added. He was speaking as Congress's Bharat Jodo Yatra, or march to unite India, arrived in the district of Ballari in the southern state of Karnataka. Kharge has said he was seeking the "support of the delegates to strengthen Congress for a better India".

☆ India's main opposition stages rally to mark 1,000 km of its protest march
▼ + stars: | 2022-10-15 | by ( Manoj Kumar | ) www.reuters.com time to read: +2 min

BALLARI,India, Oct 15 (Reuters) - India's main opposition Congress party held a huge public rally in the southern Indian state of Karnataka on Saturday, accusing the government of not doing enough to contain inflation and create promised jobs for young people. Tens of thousands of people came to the public meeting, organised to mark 1,000 km (620 miles) of the party's five-month-long protest march named Bharat Jodo Yatra or Unite India rally. Register now for FREE unlimited access to Reuters.com Register"The Prime Minister used to complain an LPG (cooking gas) cylinder cost 400 rupees. "I hope the Congress can still come back, at least in the state of Karnataka," he said, referring to elections next year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Manoj Kumar; editing by Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

☆ India festival spending booms despite inflation worries, global slowdown
▼ + stars: | 2022-10-14 | by ( Manoj Kumar | ) www.reuters.com time to read: +7 min

The sales would include nearly $15.2 billion offline sales, compared to about $8.5 billion in 2019, according to the Confederation of All India Traders (CAIT). read moreBut economists said the sense in India was that inflation has peaked while economic activity was picking up. The bump in consumer demand is expected to support economic growth of around 6.5% in the fiscal year ending March 2023, the highest among the world's major economies. Credit demand increases Credit demand increasesThe retail boom is also a boon for the government - goods and services tax collections, a barometer of consumer demand, rose 26% year-on-year in September, data showed. "After two consecutive downbeat festive seasons, consumer sentiment and spending appear to have rebounded this year... which may boost economic growth in the current quarter, but may not sustain thereafter."

The RBI's Monetary Policy Committee (MPC), established in 2016, is mandated to keep inflation within 2 percentage points on either side of its 4% target. Reuters GraphicsGarima Kapoor, an economist at Elara Capital, said retail inflation was likely to ease to an average of 6% only by January-March. "We expect the Monetary Policy Committee (MPC) to hike policy repo rate by another 40-50 bps this financial year," she said, and higher inflation could mean further rate hikes. Annual retail inflation (INCPIY=ECI) in September was higher than the 7.3% forecast by economists in a Reuters poll, and above 7% the previous month, data released by the National Statistics Office on Wednesday showed. Food inflation, which accounts for nearly 40% of the CPI basket, rose 8.60% in September, compared to 7.62% in August.

☆ India's Congress party likely to get first non-Gandhi chief in 25 years
▼ + stars: | 2022-09-26 | by ( Manoj Kumar | ) www.reuters.com time to read: +2 min

A supporter waves a flag of India's main opposition Congress party at a massive rally organised by the party against inflation, at Ramlila Ground, in New Delhi, India, September 4, 2022. REUTERS/Anushree FadnavisNEW DELHI, Sept 26 (Reuters) - India's main opposition Congress party is likely to elect a new party president from outside the Nehru-Gandhi dynasty for the first time in nearly 25 years, as it looks for a reset ahead of the next election to compete with Prime Minister Narendra Modi. Many senior Congress leaders have quit to form their own party or to join the BJP, blaming the weak Congress leadership of Rahul Gandhi, the son of ailing party president Sonia Gandhi, who took charge temporarily in 2019. Sonia Gandhi, the widow of former Prime Minister Rajiv Gandhi, led the party uninterrupted for nearly two decades until 2017. Rahul Gandhi, who took over from her but resigned in 2019 following the drubbing by Modi's party, has declined to stand in the party election.

read moreAnd Pakistan's central bank reserves of $8.6 billion are sufficient for just about a month of imports. However, the Bangladesh central bank's executive director, Serajul Islam, told Reuters, "No such decision has been taken yet," in reference to trade in local currencies with India. Last week, the Bangladesh central bank freed up banks to do transactions in Chinese yuan, so as to enable trade with China. "SBI's circular is very alarming, as they have said not to take exposure on Bangladesh exports," the exporter added. "Bangladesh is a major trading partner and if a premier bank like SBI does not take exposure, how will the trade grow?

☆ Un guvern local din India confirmă că trupurile neînsuflețite aruncate în fluviul Gange sunt ale celor morți de Covid
▼ + stars: | 2021-05-16 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: Getty ImagesUn guvern local din India confirmă că trupurile neînsuflețite aruncate în fluviul Gange sunt ale celor morți de CovidUn guvern local din India a recunoscut, într-o scrisoare oficială, că trupurile neînsuflețite care fuseseră aruncate în fluviul Gange sunt ale victimelor Covid-19, prima confirmare oficială al unei practici alarmante, care rezultă din sărăcia extremă din unele zone ale țării și din teama de boli, relatează Reuters, citat de Digi24. Imagini cu cadavrele care sunt purtate de apele fluviului, o apă considerată sfântă de hinduși, au șocat întreaga lume și o țară afectată de un dezastru fără precedent în epoca contemporană. Deși presa a făcut legătura între creșterea accelerată a numărului de decese de Covid și cadavrele care fuseseră aruncate în Gange, până acum autoritățile locale din statul Uttar Pradesh, din nordul țării, cu 240 de milioane de locuitori, nu a făcut cauza morții oamenilor respectivi publică. Descoperirea a 71 de cadavre în statul Bihar a stârnit temeri că virusul face ravagii în vasta parte rurală a Indiei, unde trăiesc două treimi din populație. Localnicii au declarat pentru AFP că rudele aruncă trupurile neînsuflețite în fluviu, pentru că nu își permit lemnul pentru incinerările tradiționale hinduse, iar crematoriile sunt copleșite de numărul uriaș de înmormântăriSâmbătă, India a raportat din nou aproape 4.000 de decese, iar criza provocată de pandemie în această țară continuă să fie extrem de severă.

Persons: Kumar, Reuters, Singh, Sâmbătă Locations: India, Gange, Uttar Pradesh, Bihar, Indiei

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