Reserve Bank of India
Markets
Nifty, Sensex clock best day in 10 years after sharp cuts in corporate taxes
Indian shares notched their best day in more than a decade after the government announced deep cuts in corporate taxes ......
Economy
Govt gives companies $20.5 bn tax break in bid to revive growth
The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......
Finance
Fiscal deficit under threat if oil surge continues: RBI Governor
India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......
Economy
Retail inflation climbs to 10-month high in August but another rate cut likely
India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term target, ......
Finance
RBI bars Equitas Small Finance Bank from opening new branches, caps CEO pay
The Reserve Bank of India has barred Equitas Small Finance Bank from opening new branches after it missed the deadline ......
Markets
Why rupee may not gain ground despite tax rollback for foreign investors
The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by ......
Economy
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 ......
Finance
RBI panel favours allowing foreign portfolio investors to directly buy bad loans
A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......
Manufacturing
India manufacturing growth slows to 15-month low in August
Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their ......
Finance
Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing
Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal reasons. “Parthasarathi Mukherjee has submitted his ......
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