The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country's markets regulator, a government source told Reuters.

According to the report, the finance ministry is preparing to seek approval from the federal cabinet in the coming months for the sale of stakes in Central Bank of India, Indian Overseas Bank, UCO Bank,

The Indian government is considering selling minority stakes in four state-run banks, including Central Bank of India and Punjab and Sind Bank, to meet public shareholding norms. The government may sell the stakes through an offer for sale in the open market,

Chinese Foreign Minister Wang Yi said the country wants to restore direct flights with India, as tensions between the two Asian neighbors dial down following a four-year impasse on border disputes.

China's Foreign Minister Wang Yi met his Indian counterpart Subrahmanyam Jaishankar on Monday in Rio de Janeiro, a statement from his ministry said on Tuesday, during which he called for the resumption of direct flights between the two countries.

Indian External Affairs Minister S Jaishankar and Chinese Foreign Minister Wang Yi met during the G20 Summit in Rio de Janeiro to discuss recent progress in easing border tensions. Both sides acknowledged the positive steps in disengagement along the Line of Actual Control (LAC) and talked about future steps to improve bilateral relations.

India's competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the U.S. tech giant $25.

Shouldn't have abused messaging dominance, Zuck India's Competition Commission has slapped Meta with a five-year ban on using info collected from WhatsApp to help with advertising on its other platforms.

Britain will restart talks with India on a free trade deal in the new year, Prime Minister Keir Starmer's office said on Monday, following a months-long pause in negotiations due to elections in both countries.

British Prime Minister Keir Starmer said on Monday that he would restart talks with India for a free trade deal, following a bilateral meeting with his Indian counterpart, Narendra Modi, at the G20 summit in Brazil.

Free trade talks between India and the UK will be relaunched in the new year, Downing Street has announced. The news comes after Sir Keir Starmer met Indian prime minister Narendra Modi at the G20 summit in Brazil.