India's telecoms watchdog on Monday said over-the-top (OTT) communication services do not currently need a regulatory framework, casting aside the threat of potential restrictions on platforms such as Facebook, WhatsApp and Google.
Two Indian officials said Chinese troops were laying a network of optical fibre cables at a western Himalayan flashpoint with India, suggesting they were digging in for the long haul despite high-level talks aimed at resolving a standoff there.
An Indian court's decision to stall the release of a Netflix Inc series on four Indian tycoons facing fraud allegations "freezes free speech" and hurts the company financially, the U.S. streaming giant has argued in a court filing seen by Reuters.
Indian fund managers on Monday sought to assuage investor concerns that a regulatory change affecting portfolio structures of some equity funds which manage assets worth $20 billion will make such holdings riskier and destabilise the market.
India's government sought parliamentary approval to inject 200 billion rupees ($2.72 billion) in state-run banks in the current fiscal year, to help lenders mitigate the expected surge in bad loans due to the pandemic.
Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by government officials, sources told Reuters, a move that global investors fear will harm valuations.
A panel of local lawmakers in New Delhi have summoned Facebook's top executive in India to answer allegations that it did not properly apply hate speech rules and policies, which had contributed to riots that rocked the city in February.
China and India said on Friday they had agreed to de-escalate renewed tensions on their contested Himalayan border and take steps to restore "peace and tranquillity" following a high-level diplomatic meeting in Moscow.
India and China have made a useful decision on de-escalating tensions on their disputed Himalayan border, Russian Foreign Minister Sergei Lavrov said on Friday, speaking alongside his Chinese counterpart.
Russia's Foreign Ministry on Friday said it hoped China and India would find a solution as soon as possible to de-escalate renewed tensions on their disputed Himalayan border, the Interfax news agency said.
CHENNAI, India (Thomson Reuters Foundation) - The struggle to get a haircut during the coronavirus lockdown has led to a rare victory for India's marginalised Dalit community - a barbershop. Scheduled to open for business next week, the "salon for all" in Idukki district of Kerala state in southern India has brought cheer to more than 200 Dalit families refused haircuts by their neighbourhood barbers in keeping with ancient caste bias. "I am against discrimination and wanted this practice to end," said P. Ramaraj, president of Vattavada village council, which is funding the new shop. "We tried to negotiate with the two barbershops in the village and eventually had to seal them (shut) because they refused to cooperate. But people need to get a haircut and shave so we decided to open a new salon, where everyone will be welcome."
Foreign automakers are seeking delays and exemptions to India's planned new quality rules for imported auto parts, arguing the regulations will increase costs, hurt sales and disrupt supply chains, sources with direct knowledge of the matter told Reuters.
India is planning to raise surveillance of copper and aluminium imports while developing policies to curb shipments from China and other Asian nations to protect domestic producers, said two government sources and an industry official.
Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to borrow more, but it will only consider monetising its deficit as a last resort, sources familiar with discussions told Reuters.