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RBI keeps rates on hold in surprise move, slashes GDP forecast

Economy

05 December, 2019

RBI keeps rates on hold in surprise move, slashes GDP forecast

The Reserve Bank of India kept its key lending rate on hold in a shock decision on Thursday, while sharply ......

Weak growth, US-China trade war to keep rupee on slippery slope for a year

Markets

05 December, 2019

Weak growth, US-China trade war to keep rupee on slippery slope for a year

The Indian rupee will not recover lost ground in the coming year, according to a Reuters poll of currency strategists ......

India's services industry returns to growth in November: PMI

Economy

04 December, 2019

India's services industry returns to growth in November: PMI

 India’s dominant services sector bounced back to growth in November, expanding at its fastest pace in four months, driven by ......

RBI set to cut rates for sixth time, but that may not cure economy's ills

Economy

03 December, 2019

RBI set to cut rates for sixth time, but that may not cure economy's ills

Five interest rate cuts since the start of the year haven't stopped India's economy from slowing to its weakest growth ......

Govt plans to invest $1.4 trillion in infrastructure to spur economy

Infrastructure

02 December, 2019

Govt plans to invest $1.4 trillion in infrastructure to spur economy

India will unveil a series of infrastructure projects this month as part of a plan to invest 100 trillion rupees ......

India's economic growth slows to 4.5% in July-September quarter

Economy

29 November, 2019

India's economic growth slows to 4.5% in July-September quarter

India’s annual economic growth slowed to 4.5% in the July-September quarter, its weakest pace since 2013, making an interest rate ......

Sensex, Nifty dip ahead of GDP growth data

Markets

29 November, 2019

Sensex, Nifty dip ahead of GDP growth data

Indian shares ended lower on Friday, led by losses in state-owned banking and auto stocks, ahead of the government’s announcement ......

Sensex, Nifty rise ahead of GDP data as state-owned banks lead gains

Markets

28 November, 2019

Sensex, Nifty rise ahead of GDP data as state-owned banks lead gains

Indian shares closed higher on Thursday, boosted by state-owned banks, as investors awaited the GDP growth data for the quarter ......

GDP in September quarter likely expanded at its weakest pace in over six years

Economy

28 November, 2019

GDP in September quarter likely expanded at its weakest pace in over six years

India’s July-September economic growth is likely to be around 4%, two television channels reported, citing government sources. Asia’s third largest economy ......

Indian stock gains to be limited in 2020 as economy slows: Poll

Economy

27 November, 2019

Indian stock gains to be limited in 2020 as economy slows: Poll

Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but ......