GM struck a deal in early 2020 to sell the plant in Pune to Great Wall, with the Chinese SUV-maker expected to pay up to $300 million as part of a plan to invest $1 billion in India

The currency weakened amid concerns about rising inflation and tepid growth, even as India's central bank sold dollars to limit losses

UltraTech Cement is bringing in 157,000 tonnes of coal from Russian producer SUEK and paying for it with Chinese yuan

The Indian billionaire, who had earlier signalled a greater role within the Reliance Industries empire for his children, appeared to be setting a succession strategy in motion

A source said the price-per-barrel cap level had not yet been determined, but it would have to be high enough to give Russia an incentive to keep producing oil

Reliance Industries’ Jamnagar refinery in Gujarat received 27% of its oil from Russia in May, up from 5% in April, according to a report by the Guardian.

China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine

Inflation at the retail level has remained above the central bank's tolerance band of 2-6% for five months in a row, even though it eased marginally in May

Setu, which enables users to securely share their financial data with banks and other financial institutions, is Pine Labs' third acquisition this year

The neighbours are also in talks for additional support, including a $500 million credit line for fuel and help with importing fertiliser and rice, officials said.

The Indian government said it would launch a probe into why a Tata Motors electric vehicle (EV) caught fire in a Mumbai suburb

Putin said Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket Chains.