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India's October factory growth at decade high but firms cut jobs for seventh month

Manufacturing

02 November, 2020

India's October factory growth at decade high but firms cut jobs for seventh month

India's factory activity expanded at its fastest pace in over a decade in October as demand and output continued to ......

Axis Bank again tweaks pact to acquire Max Life Insurance stake

Finance

30 October, 2020

Axis Bank again tweaks pact to acquire Max Life Insurance stake

Private-sector lender Axis Bank has changed for a second time its plan to acquire a stake in Max Life Insurance ......

Indian economy set for a near double-digit contraction this FY: Poll

Economy

22 October, 2020

Indian economy set for a near double-digit contraction this FY: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go ......

Foreign investors turn buyers in Indian bonds for first time in seven months

Markets

19 October, 2020

Foreign investors turn buyers in Indian bonds for first time in seven months

Foreign investors poured over $1 billion into Asian government and corporate bonds in September, more than doubling their investment in ......

Govt unveils economic stimulus to boost demand by $10 bn

Economy

12 October, 2020

Govt unveils economic stimulus to boost demand by $10 bn

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......

How investors, authorities can check greenwashing and boost green financing

Finance

09 October, 2020

How investors, authorities can check greenwashing and boost green financing

Ever since the Paris Climate Agreement came into effect in 2016, when countries committed to fight climate change and promote ......

RBI expects GDP to contract 9.5% in FY21, holds rates steady

Economy

09 October, 2020

RBI expects GDP to contract 9.5% in FY21, holds rates steady

The Reserve Bank of India left key interest rates unchanged on Friday as widely expected, while retaining an accommodative monetary ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

Grapevine: RBI says finance firms can't set up with cash from Mauritius, similar places

General

07 October, 2020

Grapevine: RBI says finance firms can't set up with cash from Mauritius, similar places

The Reserve Bank of India (RBI), in a letter to the industry body for venture capital and private equity funds, ......

RBI widely seen holding rates at policy meeting this week

Economy

06 October, 2020

RBI widely seen holding rates at policy meeting this week

The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting ......