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Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Manufacturing

10 December, 2019

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Executives at major state-run Indian companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum Corp Ltd ......

Nifty, Sensex slide after RBI surprises by holding rates steady

Markets

05 December, 2019

Nifty, Sensex slide after RBI surprises by holding rates steady

Indian shares pared early gains to end lower on Thursday after the Reserve Bank of India (RBI) kept its policy ......

Why the govt's lending push could come back to bite the banking sector

Finance

05 December, 2019

Why the govt's lending push could come back to bite the banking sector

Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......

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 ......

Govt to launch first debt exchange-traded fund

Finance

04 December, 2019

Govt to launch first debt exchange-traded fund

India will launch its first debt exchange-traded fund (EFT) comprised of debt of state run companies, finance minister Nirmala Sitharaman ......

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 ......

Indian factories step up output, shed jobs in November: PMI

Economy

02 December, 2019

Indian factories step up output, shed jobs in November: PMI

India’s manufacturing activity picked up in November as new orders and output rose at a faster pace, a survey showed ......

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 ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air ......

Tax officials find PM Modi's targets too taxing, some quit

Economy

15 November, 2019

Tax officials find PM Modi's targets too taxing, some quit

India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect 17% more in direct ......