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Authorities have stepped up scrutiny of drugmakers after some cough syrups made in India were linked to deaths of dozens of children overseas. It is the fourth Indian cough syrup maker to stop production after regulators found lapses. Rajesh Bhatia, one of the three directors at Riemann Labs, had told Reuters previously he was not aware of the matter. "Some violations in good manufacturing practices and good lab practices were found," Khade said, without specifying what the violations were. Riemann has been identified as the maker of Naturcold cough syrup, Khade said.
Persons: Riemann, syrups, Rajesh Bhatia, Sudam Khade, Khade, Shivam Patel, Muralikumar Organizations: REUTERS, Riemann Labs, Reuters, Wednesday, Authorities, Riemann, Regulators, Thomson Locations: DELHI, India, Cameroon, Madhya Pradesh, New Delhi
Heavy rain in India's capital raises new fears of flooding
  + stars: | 2023-07-26 | by ( ) www.reuters.com   time to read: +1 min
NEW DELHI, July 26 (Reuters) - Heavy rain brought flooding to an area near New Delhi on Wednesday forcing some evacuations and schools closures as the region braced for more downpours two weeks after the Yamuna river burst its banks inundating parts of the capital. Hundreds of vehicles were submerged in a commercial neighbourhood in Noida city, which adjoins southeast Delhi, after the Hindon river overflowed. People living near its banks had to move to higher ground, television footage showed, and some neighbourhood schools were closed. Moderate to heavy rain was expected in Delhi later on Wednesday, it said. The Yamuna river, which runs through the city, rose to a 45-year high following heavy rain in northern areas this month, flooding parts of the city and forcing the evacuation of thousands of people.
Persons: Mahatma Gandhi, Shivam Patel Organizations: Central Water Commission, Thomson Locations: DELHI, New Delhi, Noida, Delhi, Red Fort, Independence
The government said it was imposing the ban after retail rice prices climbed 3% in a month as late monsoon rains damaged crops. While a late monsoon caused a major shortfall of rain up to mid-June, heavy rains since have caused significant damage. India accounts for more than 40% of world rice exports but low inventories mean any cut in shipments will fuel food prices driven up by Russia's invasion of Ukraine last year and erratic weather. His administration has extended a ban on wheat exports after curbing rice shipments in September 2022. "India would disrupt the global rice market with far greater velocity than Ukraine did in the wheat market with Russia's invasion," B.V. Krishna Rao, president of the Rice Exporters Association told Reuters.
Persons: Rice, Narendra Modi, Krishna Rao, Rao, El, Michael Hogan, Jan Harvey, David Evans, Conor Humphries Organizations: Rice, Association, Reuters, El, Farmers, El Nino, Thomson Locations: India, Ukraine, DELHI, Asia, Thailand, Vietnam, New Delhi, Punjab, Haryana, Rice, West Bengal, Bihar, Chhattisgarh, Andhra Pradesh, Telangana, China, Philippines, Hamburg
In recent years, many companies have adopted a "China Plus One" strategy to build new manufacturing units outside the People's Republic. India has a window of three-to-five years to seize this opportunity to attract investment, said Ajay Banga, the former Mastercard CEO who became World Bank chief last month. "I think India's opportunity currently is to cash in on the 'China plus one' opportunity. The World Bank chief also called for private capital investments to aid global efforts for renewable energy funding. We will also need different forms of multilateral bank capital and government capital and philanthropy capital to take first risk positions or help enable the blended finance to come through," Banga said.
Persons: Ajay Banga, Banga, Narendra Modi, Nirmala Sitharaman, Nikunj Ohri, Shivam Patel, Sharon Singleton, William Maclean Organizations: World Bank, chipmaker Micron Technology, Mastercard, Indian, India's, Thomson Locations: DELHI, India, China, United States, Asia, People's Republic, New Delhi
GANDHINAGAR, India, July 16 (Reuters) - China has not given an encouraging response so far on reaching a common understanding with the G20 bloc on the issue of restructuring the debt of vulnerable countries, a source aware of the matter said on Sunday. G20 nations are also not keen on a one-size-fits-all rule to restructure such countries' debt, the source said on condition of anonymity. Financial leaders from the Group of 20 major economies are meeting in India's Gandhinagar over the next two days to discuss, among other things, the debt treatment of countries under the so-called Common Framework - a G20 initiative to help poor countries delay their debt repayments. Last month, Zambia struck a deal to restructure $6.3 billion in debt owed to governments abroad including China, in what was seen as a breakthrough for vulnerable nations in crisis. Reporting by Aftab Ahmed; Writing by Shivam Patel; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Aftab Ahmed, Shivam Patel, Hugh Lawson Organizations: Thomson Locations: GANDHINAGAR, India, China, India's Gandhinagar, Zambia
[1/7] Men walk across a road flooded due to the high water level of the river Yamuna after heavy monsoon rains, New Delhi, India, July 13, 2023. Video footage showed submerged roads in the downtown area, where government and private companies' offices are located, with water half-way up the sides of parked cars. "Due to closure of water treatment plants, the supply of water will be affected by up to 25%. Flash floods in the state over the weekend brought down a bridge and washed away several clusters of hutments. Roads have been washed away during heavy rains in the mountainous Uttarakhand state, its chief minister told reporters on Wednesday.
Persons: Adnan Abidi, Arvind Kejriwal, Kejriwal, Krishna N, Shivam Patel, Simon Cameron, Moore Organizations: REUTERS, India Meteorological Department, Civil, Das, Thomson Locations: New Delhi, India, DELHI, Delhi, Himachal Pradesh, Haryana, Uttarakhand
SummaryCompanies Trial of first cargo a success - ministerPrivate refinery PARCO also asked to buy Russian oil - ministerDiscounted crude a boost amid Pakistan's strained financesISLAMABAD, July 12 (Reuters) - Pakistan is negotiating to buy a second shipment of discounted Russian crude oil, its petroleum minister said on Wednesday, highlighting the success of a first deal in helping the cash-starved nation. Musadiq Malik told reporters there was no scenario under which the country was "not benefiting" from Russian crude. "It will still benefit us," he said of the Russian oil. Malik said private entity Pak-Arab Refinery Limited (PARCO) had also been asked to import Russian crude. Islamabad is looking for Russian crude to account for one third of total oil imports.
Persons: Musadiq Malik, Malik, Asif Shahzad, Shivam Patel, Toby Chopra, Mark Potter Organizations: PARCO, Pakistan Refinery Limited, International Monetary Fund, Moscow, Arab Refinery, Energy, United, Thomson Locations: ISLAMABAD, Pakistan, Urals, Karachi, Russian, India, China, Ukraine, Moscow, Islamabad, Saudi Arabia, United Arab Emirates
[1/4] Residents wait to climb on a flyover under construction, after being displaced by the rising water level of river Yamuna after heavy monsoon rains in New Delhi, India, July 12, 2023. REUTERS/Adnan AbidiNEW DELHI, July 12 (Reuters) - India's capital New Delhi on Wednesday began evacuating hundreds of residents over the risk of flooding as record rainfall has swelled water levels in a river that runs through the city, its chief minister said. States near Delhi have received record rainfall so far this monsoon season that started June 1, with Punjab and Himachal Pradesh recording 100% and 70% more rainfall than average respectively, the India Meteorological Department (IMD) said. Delhi too has recorded 112% above-average rainfall so far, according to the IMD. Reporting by Shivam Patel in New Delhi; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
Persons: Adnan Abidi, Arvind Kejriwal, Kejriwal, Shivam Patel, Mark Heinrich Our Organizations: REUTERS, Wednesday, India Meteorological Department, IMD, Thomson Locations: New Delhi, India, DELHI, Delhi, Punjab, Himachal Pradesh
MUMBAI, July 7 (Reuters) - India's federal police have arrested three railway employees on Friday in connection with the country's deadliest train crash in two decades that killed 292 people last month, the crime agency said in a statement. It is India's worst train crash in more than two decades. The accident happened when a passenger train hit a stationary freight train, jumped off the tracks and hit another passenger train coming from the opposite direction. Reuters reported earlier this week that workers repairing a rail-road barrier had made faulty connections in the automated signalling system on the network. The malfunctioning system directed the passenger train onto the path of the freight train, it said.
Persons: Narendra Modi's, Shilpa Jamkhandikar, Krishn Kaushik, Jatindra, Shivam Patel, YP Rajesh, Hugh Lawson Organizations: Central Bureau of Investigation, CBI, Reuters, of Railway Safety, CRS, Local, Indian Railways, Railway Board, Railways Ministry, YP, Thomson Locations: MUMBAI, Bahanaga Bazar, Odisha
[1/4] An employee works inside a steel factory in the northern Indian city of Lucknow June 11, 2010. REUTERS/Pawan KumarNEW DELHI, July 6 (Reuters) - Already facing subdued demand from developed nations, India's exports are likely to be hit by the European Union's 20% to 35% tariffs on high-carbon goods like steel, iron ore and cement, the finance ministry said in a report released on Thursday. Reporting of carbon content in exports to the EU would be required beginning Oct. 1, 2023, and the main goods affected would be steel, cement, aluminium, fertilisers, electricity and hydrogen. "The impending downside risks to India’s exports include the European Union’s introduction of the Carbon Border Adjustment Mechanism," the finance ministry said in its annual economic report. India's merchandise trade deficit rose faster-than-expected in May to $22.12 billion, up from $15.24 billion in April, due to reduced demand for Indian exports from developed countries.
Persons: Pawan Kumar, Aftab Ahmed, Shivam Patel, Clarence Fernandez, Simon Cameron, Moore Organizations: REUTERS, El, Thomson Locations: Indian, Lucknow, DELHI, EU
GUWAHATI, India, July 5 (Reuters) - Nearly all schools remained shut in India's violence-hit Manipur state despite a government order to reopen them on Wednesday in a bid to restore normalcy after two months of ethnic clashes that have killed almost 120 people. Students, teachers and support staff did not show up at schools in the morning in the state in northeast India, said a state education department official who requested anonymity. Four private schools opened but all government-run schools were still closed, he added. At least 118 people have been killed and more than 40,000 displaced in the violence. Additional reporting by Krishn Kaushik; Writing by Shivam Patel; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Ibotombi Singh, Narendra Modi's, Giridhar Aramane, Min Aung Hlaing, Krishn Kaushik, Shivam Patel, Kim Coghill Organizations: India's, Thomson Locations: GUWAHATI, India, Manipur, Imphal, Myanmar, Kuki
Pakistan expects heavy monsoon rain raising risk of floods
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: +1 min
ISLAMABAD, July 3 (Reuters) - Heavy monsoon rain is expected to hit Pakistan on Monday and last for several days, the weather office said, raising the risk of flooding in areas still recovering from a devastating deluge last year. Heavy thunder and rain was expected from Monday evening in the capital, Islamabad, as well as in the cities of Lahore and Peshawar, spreading to other areas until Saturday, the Pakistan Meteorological Department said. The weather office warned that flooding was possible in low-lying areas of Islamabad, Rawalpindi, Peshawar, Gujranwala, and Lahore, with the risk of flash floods in hilly western areas late this week. Pakistan has received commitments of more than $9 billion from international donors to help recover from last year's floods with rebuilding efforts estimated to cost about $16.3 billion. Reporting by Asif Shahzad, Gibran Peshimam; writing by Shivam Patel; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: Asif Shahzad, Gibran Peshimam, Shivam Patel, Robert Birsel Organizations: Pakistan, Pakistan Meteorological Department, Thomson Locations: ISLAMABAD, Islamabad, Lahore, Peshawar, Rawalpindi, Gujranwala, Pakistan
Pakistan, IMF reach staff-level pact to release stalled funds
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Pakistan Prime Minister Shehbaz Sharif meets with managing director of the International Monetary Fund (IMF), Kristalina Georgieva, in Paris, France June 22, 2023. Press Information Department (PID)/Handout via REUTERS/File PhotoISLAMABAD, June 30 (Reuters) - The International Monetary Fund (IMF) reached a staff-level pact with the IMF on a $3-billion stand-by agreement, the lender said on Thursday, a decision long awaited by the South Asian nation, which is teetering on the brink of default. The deal, subject to approval by the IMF board, comes after an eight-month delay and offers some respite to Pakistan, which is battling an acute balance of payments crisis and falling foreign exchange reserves. "The new standby agreement builds on the authorities' efforts under Pakistan's 2019 Extended Fund Facility-supported program which expires end-June," said IMF official Nathan Porter. Reporting by Jahnavi Nidumolu; Writing by Shivam Patel and Asif Shahzad; Editing by Clarence Fernandez and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Shehbaz Sharif, Kristalina Georgieva, Nathan Porter, Jahnavi Nidumolu, Shivam Patel, Asif Shahzad, Clarence Fernandez, Himani Organizations: Pakistan, International Monetary Fund, Press Information Department, REUTERS, Monetary Fund, IMF, South, Thomson Locations: Paris, France, ISLAMABAD, Pakistan
[1/2] Pakistan's Prime Minister Shehbaz Sharif attends a summit on climate resilience in Pakistan, months after deadly floods in the country, at the United Nations, in Geneva, Switzerland, January 9, 2023. "The IMF team continues discussions with Pakistani authorities with the aim of quickly reaching an agreement on financial support from the IMF," mission chief Nathan Porter said. Prime Minister Shehbaz Sharif said earlier in the day that he hoped consensus over the IMF programme's points "will lead to a decision in a day or two". The statement from the prime minister's office added that Sharif spoke to IMF Managing Director Kristalina Georgieva about the country's bailout funds, stalled since November. The IMF funds subject to approval by its board promise respite for Pakistan, which is battling its worst economic meltdown, with an acute balance of payments crisis and falling reserves of foreign exchange.
Persons: Shehbaz Sharif, Denis Balibouse, Ishaq Dar, Nathan Porter, Sharif, Kristalina Georgieva, Dar, Asif Shahzad, Ariba Shahid, Gibran Naiyyar Peshimam, Shivam Patel, Charlotte Greenfield, Krishna N, Das, William Maclean, Mark Potter Organizations: Pakistan's, United Nations, REUTERS, Pakistan, International Monetary Fund, IMF, Thomson Locations: Pakistan, Geneva, Switzerland, ISLAMABAD, Islamabad, Paris
World Bank to provide $500 mln budget support to Sri Lanka
  + stars: | 2023-06-27 | by ( ) www.reuters.com   time to read: +1 min
COLOMBO, June 27 (Reuters) - Sri Lanka will enter into an agreement with the World Bank for $500 million in budgetary support after the cabinet approved it on Tuesday, the biggest funding tranche for the crisis-hit nation since an International Monetary Fund deal in March. The island nation of 22 million is emerging out of its worst economic crisis in seven decades and its economy is expected to shrink 2% this year before returning to growth next year, following last year's record contraction of 7.8%. Reuters reported last week that the World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its board meeting on June 28, out of which $200 million will be for welfare programmes. The government said on Tuesday that funding from the lender will come in two tranches. Reporting by Uditha Jayasinghe; Writing by Shivam Patel; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
Persons: Uditha Jayasinghe, Shivam Patel, Edmund Klamann Organizations: World Bank, Monetary Fund, Reuters, Sri, Thomson Locations: COLOMBO, Sri Lanka
Karachi, PAKISTAN, June 26 (Reuters) - Pakistan's central bank raised its benchmark interest rate by 100 basis points to 22% at an emergency meeting on Monday, a day after the country revised its budget for the fiscal year from July 1 in a bid to rescue an IMF programme that expires in days. The central bank has now raised its main rate by 12.25 percentage points since April 2022, mainly to curb soaring inflation. "The MPC views this action as necessary to keep real interest rate firmly in positive territory on a forward-looking basis," the central bank said in a statement. On June 12 the central bank had left its key rate unchanged. The KSE100 index on the Pakistan Stock Exchange closed up 3.42% on expectations of a deal begin reached with the IMF.
Persons: Fahad Rauf, Ismail Iqbal, Shivam Patel, Sanjeev Miglani, Hugh Lawson Organizations: IMF, Analysts, International Monetary Fund, MPC, Ismail, Ismail Iqbal Securities, Pakistan Stock Exchange, Thomson Locations: Karachi, PAKISTAN, New Delhi, Shahid
ISLAMABAD, June 23 (Reuters) - At least 350 Pakistanis were on an overloaded boat that capsized and sank in open seas off Greece last week, Pakistan's Interior Minister said on Friday, promising to arrest and prosecute the human smugglers responsible. Another 193 Pakistani families have taken DNA tests to try to identify those who died in one of Europe's deadliest shipping disasters in recent years, he said. Pakistan said it has arrested several human traffickers and their agents who told authorities that their ring leader was based in Libya. These human smugglers had charged around $8,000 a person to take them to Europe illegally through the sea route after flying legally to Dubai, Egypt and Libya, authorities said. Reporting by Asif Shahzad, writing by Tanvi Mehta; Editing by Shivam Patel, Christina Fincher and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: Rana Sanaullah, Sanaullah, Asif Shahzad, Tanvi Mehta, Shivam Patel, Christina Fincher, Conor Humphries Organizations: Pakistan's, Thomson Locations: ISLAMABAD, Greece, Egypt, Syria, Pakistan, Pylos, Libya, Europe, Dubai
[1/4] Women rest under a tree on a hot summer day in Ballia District in the northern state of Uttar Pradesh, India, June 21, 2023. REUTERS/Adnan AbidiBALLIA, India, June 21 (Reuters) - A Hindu priest in northern India says the number of bodies brought to a crematorium by the River Ganges has doubled in the past week as a heatwave ravages parts of the country. Yadav, confirmed a surge in admissions at the main district hospital and said an investigation was underway to determine the cause of deaths. Brijesh Yadav, 28, said he rushed his 85-year-old grandfather to the hospital on Tuesday after he complained of difficulty in breathing. India has an average of five to six heatwave events annually over its northern parts between March and June and sometimes until July, according to the World Health Organization.
Persons: Adnan Abidi BALLIA, Rajesh Pandey, Yadav, Brijesh Yadav, Yogi Adityanath, Saurabh Sharma, Shivam Patel, Angus MacSwan Organizations: REUTERS, S.K, Indian Express, State, NDTV, World Health Organization, University of Cambridge, Thomson Locations: Ballia District, Uttar Pradesh, India, Ballia, Bihar
[1/7] A lifeguard patrols Juhu beach, during a red flag alert due to rough seas caused by cyclone Biparjoy, in Mumbai, India, June 12, 2023. REUTERS/Francis MascarenhasMUMBAI, June 12 (Reuters) - A storm off India's west coast has strengthened to become a powerful cyclone and could hit India's western state of Gujarat and southern parts of Pakistan this week, the Indian weather department said on Monday. "Rescue and relief teams of the Coast Guard, Army and Navy along with ships and aircraft have been kept ready on standby," it said. In neighbouring Pakistan, the National Disaster Management Authority said instructions were being given to take precautionary measures in southern and southeastern parts that may be affected. A 1998 cyclone killed at least 4,000 people and caused hundreds of millions of dollars in damage in Gujarat.
Persons: Francis Mascarenhas MUMBAI, Biparjoy, Rajendra Jadhav, Asif Shahzad, Sumit Khanna, Sakshi Dayal, Shivam Patel, Raju Gopalakrishnan, Philippa Fletcher, Jonathan Oatis, Mark Heinrich Our Organizations: REUTERS, India Meteorological Department, Adani, Indian Coast Guard, Key Singapore, Oil, Gas, Vedanta Ltd, Response Force, Coast Guard, Army, Navy, National Disaster Management Authority, Thomson Locations: Mumbai, India, Gujarat, Pakistan, Mandvi, Karachi, Fishermen, Mundra, Tuna, Kandla, Key, Dubai, Gujarat Pipavav, Kerala, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu
NEW DELHI, May 22 (Reuters) - India's Delhi High Court issued a summons to British broadcaster BBC on Monday in a defamation case over its documentary on Prime Minister Narendra Modi that questioned his leadership during the 2002 Gujarat riots, according to reports in Indian media. The defamation suit states the documentary "India: the Modi question" that aired earlier this year cast a slur on India's reputation and that of its judiciary and the prime minister, the reports said. The summons came months after Indian tax officials inspected the BBC's offices in New Delhi and Mumbai in February following an angry response by the Indian government to the documentary. The media reports said the suit was filed by a non-profit based in Gujarat, which is Modi's home state. The BBC has previously said that it "does not have an agenda" and has stood by its reporting for the documentary.
NEW DELHI, May 19 (Reuters) - China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend. "China is firmly opposed to holding any kind of G20 meetings in disputed territory, and will not attend such meetings," Chinese Foreign Ministry spokesperson Wang Wenbin said. In 2019, India split the Muslim-majority state of Jammu and Kashmir to create the two federal territories of Jammu and Kashmir, and Ladakh. Srinagar, the summer capital of Jammu and Kashmir, will host a meeting of the tourism working group for G20 members on May 22-24. Kashmir is claimed in full but ruled in part by nuclear-armed neighbours India and China-ally Pakistan, which has also opposed India's decision to hold a G20 meeting in Kashmir.
Climate change drove heat in the city to a record-breaking 48C (118F) in 2016. While traditional insurance can take months to pay, with so-called "parametric" insurance there is no need to prove losses. At annual climate talks in Egypt last year, nonprofits urged richer nations to help finance parametric insurance as a way of compensating victims of worsening weather extremes. At the moment, insurance schemes in the developing world are largely subsidized by nonprofit groups, national governments, or wealthy countries. Insurance payouts allow them to buy things like gloves to protect their hands from scorching hot metal tools, or fans to stay cool and avoid heat exhaustion.
He had remained inside for hours after being granted bail, saying he was not being allowed to leave by security officials. It's not the security agencies, it's one man – the army chief," he said, without naming him. He has since been a vocal critic of current army chief General Asim Munir. [1/7] Security officers escort Pakistan's former Prime Minister Imran Khan, as he appeared in Islamabad High Court, Islamabad, Pakistan May 12, 2023. "The Islamabad High Court has given a two-week bail and also ordered the (anti-graft body) not to arrest Imran Khan during this period," another of Khan's lawyers, Faisal Chaudhry, told Reuters.
[1/2] Pakistan's Former Foreign Minister Shah Mahmood Qureshi speaks with the media after the proceedings at the Supreme Court in Islamabad, Pakistan April 4, 2022. REUTERS/Akhtar SoomroISLAMABAD, May 11 (Reuters) - Pakistani authorities arrested a senior leader of former Prime Minister Imran Khan's party on Thursday as the government deployed the army to help end deadly unrest sparked by Khan's arrest three days ago. Shah Mahmood Qureshi, who served as foreign minister in Imran Khan's cabinet during his four year premiership, was arrested overnight, a statement on his Twitter profile said. Two other senior leader of Khan's Pakistan Tehreek-e-Insaf (PTI) party, Asad Umar and Fawad Chaudhry, were also arrested on Wednesday. Police have arrested more than 1,300 protesters in Khan's home province of Punjab for violence.
Khan's colleagues in his Pakistan Tehreek-e-Insaf (PTI) party did not immediately respond to a request for comment on his indictment. Mobile data services were shut for a second day on Wednesday as street protests continued, with federal ministers accusing Khan's supporters of torching several buildings and vehicles. MORE THAN 1,000 ARRESTS[1/8] Supporters of Pakistan's former Prime Minister Imran Khan throw stones towards police during a protest against Khan's arrest, in Peshawar, Pakistan, May 10, 2023. Khan, a cricket hero-turned-politician, was ousted as prime minister in April 2022 in a parliamentary no-confidence vote. In most of the cases, Khan faces being barred from holding public office if convicted.
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