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RBI governor reiterates there is more scope to cut rates

Finance

16 December, 2019

RBI governor reiterates there is more scope to cut rates

There is scope in India for cutting interest rates further and the central bank will use it when required after ......

India's economic worries mount as inflation quickens, industrial output shrinks

Finance

12 December, 2019

India's economic worries mount as inflation quickens, industrial output shrinks

India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the ......

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

Nifty, Sensex decline for the week

Markets

06 December, 2019

Nifty, Sensex decline for the week

Indian shares gave up early gains and ended lower on Friday, dragged down by state-owned banking stocks, as investor risk ......

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 ......

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 ......

Bankruptcy law set to face huge test in Dewan Housing case

Finance

22 November, 2019

Bankruptcy law set to face huge test in Dewan Housing case

India’s bankruptcy-resolution process has just begun to find its feet with recent precedent-setting court rulings, but bankers, lawyers and insolvency ......