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India services activity bounces back in September on stronger demand

Economy

05 October, 2017

India services activity bounces back in September on stronger demand

Activity in India's services companies limped out of contraction in September as demand recovered and pushed firms to increase hiring ......

RBI keeps repo rate on hold at 6%; cuts growth outlook

Economy

04 October, 2017

RBI keeps repo rate on hold at 6%; cuts growth outlook

The Reserve Bank of India (RBI) kept its policy rate steady at a near seven-year low of 6.00 percent on ......

ADB trims India growth forecast for 2017, 2018

Economy

26 September, 2017

ADB trims India growth forecast for 2017, 2018

Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed ......

US Fed keeps rates steady, to start reducing bond holdings

Economy

21 September, 2017

US Fed keeps rates steady, to start reducing bond holdings

The U.S. Federal Reserve left interest rates unchanged on Wednesday but signalled it still expects one more increase by the ......

India's current account deficit widens to four-year high in April-June

Economy

15 September, 2017

India's current account deficit widens to four-year high in April-June

India’s April-June current account deficit widened to its highest in four years as imports surged, but strong capital inflows comfortably ......

Wholesale price inflation accelerates to four-month high in August

Economy

14 September, 2017

Wholesale price inflation accelerates to four-month high in August

India’s wholesale price inflation rose to 3.24% from a year ago, its fastest pace in four months, driven by higher ......

Govt cracks down on directors of shell companies

Economy

07 September, 2017

Govt cracks down on directors of shell companies

Directors of Indian shell companies that have not filed tax returns for at least three years have been disqualified from ......

India services output shrinks again in August on GST confusion

Economy

05 September, 2017

India services output shrinks again in August on GST confusion

Activity in India's dominant services sector contracted for a second straight month in August as disruptions caused by a new ......

GDP growth hits three-year low of 5.7% in April-June

Economy

31 August, 2017

GDP growth hits three-year low of 5.7% in April-June

India’s economy unexpectedly slowed further to a three-year low in the quarter through June, delivering a blow to Prime Minister ......

Retail inflation accelerates in July for first time in four months

Economy

14 August, 2017

Retail inflation accelerates in July for first time in four months

India's annual consumer price inflation picked up in July after easing for three straight months as a decline in food ......