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Economy

India services activity rises to seven-month high in May

Economy

05 June, 2017

India services activity rises to seven-month high in May

Activity in India's services industry accelerated in May as domestic and foreign orders rose, prompting firms to create jobs at ......

Sensex clocks fourth weekly gain, ends at record high

Economy

02 June, 2017

Sensex clocks fourth weekly gain, ends at record high

Indian shares climbed on Friday to post record closing highs and a fourth consecutive weekly gain, with Hero MotoCorp Ltd ......

India no longer world's fastest-growing major economy

Economy

01 June, 2017

India no longer world's fastest-growing major economy

India’s economic growth slowed to 6.1% for Jan-March 2017, hurt partly by the government’s banknote ban in November last year ......

GDP growth slows to 6.1% in January-March

Economy

31 May, 2017

GDP growth slows to 6.1% in January-March

India's economic growth unexpectedly slowed to its lowest in more than two years, dragged down by construction, manufacturing and trade ......

India scraps foreign investment advisory body

Economy

24 May, 2017

India scraps foreign investment advisory body

India on Wednesday scrapped a ministerial panel responsible for coordinating foreign investments, part of reforms that Prime Minister Narendra Modi ......

GST Council finalises four tax rates for services

Economy

19 May, 2017

GST Council finalises four tax rates for services

India has finalised four tax rates that will apply to services including telecoms, insurance, hotels and restaurants under a new ......

GST Council finalises rates for goods and services tax

Economy

19 May, 2017

GST Council finalises rates for goods and services tax

India on Thursday finalised tax rates that will apply to different goods and services under a new sales tax which ......

Sensex ends at record high as inflation eases

Economy

15 May, 2017

Sensex ends at record high as inflation eases

Indian shares ended at a record closing high on Monday, after government data last week showed that consumer inflation in ......

Sensex snaps four-day winning streak ahead of inflation data

Economy

12 May, 2017

Sensex snaps four-day winning streak ahead of inflation data

Indian shares ended lower on Friday, after jumping to record highs twice this week, as investors turned cautious ahead of ......

Urjit Patel-led RBI to focus on 4% inflation target

Economy

08 May, 2017

Urjit Patel-led RBI to focus on 4% inflation target

Under Governor Urjit Patel, the Reserve Bank of India (RBI) will target inflation of 4 percent, three officials familiar with ......