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Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya

Finance

23 July, 2019

Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya

An increase in government borrowing runs the risk of flooding the debt market, while making it expensive for companies to ......

Government seeks to tap foreign lenders for loans to small firms

Finance

19 July, 2019

Government seeks to tap foreign lenders for loans to small firms

India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......

Govt plan to issue foreign currency bonds faces opposition from RSS wing

Finance

17 July, 2019

Govt plan to issue foreign currency bonds faces opposition from RSS wing

An influential Hindu nationalist group close to Prime Minister Narendra Modi’s ruling party has demanded his government review its plan ......

Dewan Housing Finance says facing substantial stress, may not survive

Finance

15 July, 2019

Dewan Housing Finance says facing substantial stress, may not survive

One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation ......

Trump again says Indian tariffs on US goods unacceptable

Finance

10 July, 2019

Trump again says Indian tariffs on US goods unacceptable

U.S. President Donald Trump repeated his complaints on Tuesday that India’s tariffs on U.S. products were unacceptable but he did ......

Sensex drops 2% as budget gets thumbs down from investors

Markets

08 July, 2019

Sensex drops 2% as budget gets thumbs down from investors

Indian shares slumped 2% on Monday, their biggest fall so far this year, as investors were disappointed after the federal ......

Budget 2019: Affordable housing push continues amid steps to boost credit

Infrastructure

05 July, 2019

Budget 2019: Affordable housing push continues amid steps to boost credit

Tax breaks for affordable housing and efforts to boost credit were among the key takeaways for the real estate sector ......

Live Blog: Finance minister Sitharaman makes maiden budget speech

Economy

05 July, 2019

Live Blog: Finance minister Sitharaman makes maiden budget speech

India’s new finance minister, Nirmala Sitharaman, is all set to present her first budget today, as the Narendra Modi government ......

GDP growth may nudge up to 7% this year: Economic Survey

Economy

04 July, 2019

GDP growth may nudge up to 7% this year: Economic Survey

India is likely to grow at 7% in the current fiscal year but will have to accelerate growth to 8% ......

Wilful defaults in India cross $21 bn in 2018-19

Finance

02 July, 2019

Wilful defaults in India cross $21 bn in 2018-19

India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the ......