Economy
Economy
Indian govt to inject $14 bn into 20 public sector banks by March-end
India on Wednesday unveiled details of a recapitalisation plan, pledging to inject nearly $14 billion into twenty lenders this fiscal ......
Economy
World Bank projects India 2018 GDP growth at 7.3%
The global economy is set to expand by 3.1 percent in 2018, slightly up from 3 percent last year and ......
Economy
India services activity recovers to grow in December
Activity in India’s services industry bounced back to modest growth in December after contracting in the previous month, a private ......
Economy
Govt may breach fiscal deficit target after extra borrowing
India will borrow an additional 500 billion rupees ($7.79 billion) this fiscal year ending March, the government said on Wednesday, ......
Economy
Flashback 2017: Indian economy grapples with GST, sluggish investments
The Indian economy had to weather the impact of a double whammy of sorts in 2017. Even as it tried ......
Economy
ADB trims India's growth forecast for 2017
The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6 percent for this year ......
Economy
Retail inflation quickens to 15-month high; factory output growth slows
India’s retail inflation in November breached the Reserve Bank of India’s medium-term target of 4 percent, which could put pressure ......
Economy
RBI keeps repo rate steady, maintains neutral stance
The Reserve Bank of India kept its policy rate unchanged on Wednesday, as widely expected, after inflation accelerated to a ......
Economy
India services output shrinks in November as GST hurts
Activity in India’s dominant services industry shrank in November as rising prices, driven up in part by the new national ......
Economy
India's economic growth recovers to 6.3% in July-Sept
India's economic growth rebounded in the three months ending in September, halting a five-quarter slide as businesses started to overcome ......