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Slowing growth, widening deficit hint at tough choices for upcoming Budget

Economy

20 January, 2020

Slowing growth, widening deficit hint at tough choices for upcoming Budget

As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......

World's richest 2,000 people hold more wealth than poorest 4.6 bn combined: Oxfam

General

20 January, 2020

World's richest 2,000 people hold more wealth than poorest 4.6 bn combined: Oxfam

The world's richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid ......

India electricity supply falls for fifth straight month in December

Infrastructure

02 January, 2020

India electricity supply falls for fifth straight month in December

India's electricity supply fell for the fifth straight month in December, provisional government data showed, potentially reflecting sluggish industrial activity ......

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Flashback 2019: The year when the economy took a hard right turn towards turmoil

Economy

23 December, 2019

Flashback 2019: The year when the economy took a hard right turn towards turmoil

Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......

Risk of contagion in India's financial sector rising, warn rating agencies

Finance

23 October, 2019

Risk of contagion in India's financial sector rising, warn rating agencies

There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of ......

Piyush Goyal says differences resolved with US over trade deal

Economy

21 October, 2019

Piyush Goyal says differences resolved with US over trade deal

India’s Trade Minister Piyush Goyal said on Monday that the broad contours of a trade deal with the United States ......

India's trade deficit narrows to $10.86 bn in September

Economy

15 October, 2019

India's trade deficit narrows to $10.86 bn in September

India’s trade deficit in September narrowed to $10.86 billion from $14.95 billion a year ago, the trade ministry said in ......

India's trade deficit narrows to $13.45 bn in August

Economy

13 September, 2019

India's trade deficit narrows to $13.45 bn in August

India’s trade deficit in August narrowed to $13.45 billion from $17.92 billion a year ago, the trade ministry said in ......

India likely to miss fiscal deficit target amid pressure for more stimulus

Economy

04 September, 2019

India likely to miss fiscal deficit target amid pressure for more stimulus

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from ......

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Finance

03 September, 2019

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Prem Watsa, the billionaire chairman of Fairfax Financial Holdings Ltd, has proposed to invest a further $5 billion (approximately Rs ......