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India's factory growth softened slightly in June but stayed strong

India's manufacturing industry expanded at the second-fastest rate this year in June, albeit at a slightly slower pace than in May, supported by robust demand despite higher inflationary pressures, a private survey showed on Monday.

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Rupee to struggle on more Fed rate hike bets; US yields surge

The Indian rupee is expected to struggle on Friday following a jump in U.S. yields and the dollar index on expectations that more Federal Reserve rate hikes were on the way.

Mumbai , Maharashtra , India , Nimesh-vora , Janane-venkatraman , Thomson-reuters-trust-principles , Federal-reserve , Reuters , Thomson-reuters-trust , Mktrep , Rep , Cen

Bearish bets on Asian currencies firm as weak China growth weighs: Reuters poll

Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world's second-largest economy, weighed on sentiment, a Reuters poll showed on Thursday.

Thailand , Singapore , South-korea , Malaysia , Indonesia , Taiwan , Bengaluru , Karnataka , India , Beijing , China , South-korean

Factbox: Sri Lanka unveils domestic debt restructuring plan, asks foreign investors for a 30% haircut

Sri Lanka announced a restructuring plan for its massive domestic debt on Thursday to meet targets set by the International Monetary Fund (IMF) and aim to turn around its economy, which has been hammered by a financial crisis.

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Analysis: Threat of 'down rounds' spur private credit funds in Asia

From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising equity capital at a sharp discount to their valuations, known as 'down round' in the industry.

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Exclusive: Indian firm used toxic industrial-grade ingredient in syrup - sources

The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 children used a toxic industrial-grade ingredient rather than the legitimate pharmaceutical version.

Uzbekistan , India , Indonesia , Allahabad , Uttar-pradesh , Delhi , Gambia , Almaty , Almaty-qalasy , Kazakhstan , London , City-of

India flags antitrust concerns with Air India, Vistara merger -sources

India's antitrust body is scrutinising Air India's planned merger with Vistara and has asked the company why it should not be investigated further over competition concerns, potentially delaying the process, two sources with direct knowledge said.

London , City-of , United-kingdom , Singapore , Dubai , Dubayy , United-arab-emirates , India , Gerry-doyle , Aditi-shah , Vaibhav-choukse , Aditya-kalra

Indian state-owned firm to sign lithium pact with Argentina

India's KABIL, a state-owned joint venture formed to scout for minerals overseas, will "shortly" sign an agreement with Argentina to secure a few lithium blocks, a government source with direct knowledge of the matter told Reuters on Wednesday.

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Popstars could be powering inflation as concert prices surge

Call it Beyflation. Or maybe Swiftflation.

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World Bank to provide $500 mln budget support to Sri Lanka

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.

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