The move is prompted by defective, unreliable and poorly performing Chinese equipment sold to the armed forces, which include a main battle tank

Spark commodities said that forward curves continue to point to US cargos being sent to Europe rather than Asia for the next 12 months

More than two dozen people have died in India from exposure to extreme heat since late March, as temperatures surged past 40 degrees Celsius

The programme focuses on using fewer chemical pesticides and fertilisers and less water, thereby preserving biodiversity and helping mitigate against climate change

The incidents involved three companies, including Ola Electric, which is backed by Japan's SoftBank Group and was the country's top-selling e-scooter maker in April

An Indian court granted relief on the seizure, provided that Xiaomi inform Indian authorities of fund transfers such as royalty payments, a source said

Indian authorities have this year registered at least 700 cases against Indian companies with Chinese nationals on their boards

The shock move, at an unscheduled monetary policy committee meeting, caused bond yields to spike and the rupee to firm.

The announcement follows news that Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks

Imports by India's states and private utilities over the next five months for blending with domestic coal are likely to be the highest in six years

The Tata group company is already the lowest bidder in a government tender for 5,500 electric buses

Sources say the $732 million of Life Insurance Corporation shares held back for key investors have been oversubscribed