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Reuters

Emerging markets come off the boil for Nestle and Unilever

Consumer

18 October, 2019

Emerging markets come off the boil for Nestle and Unilever

Global consumer goods companies have been banking on emerging markets to drive their growth, so signs on Thursday that sales ......

Mumbai court jails former MD of PMC Bank as fraud probe deepens

Finance

17 October, 2019

Mumbai court jails former MD of PMC Bank as fraud probe deepens

An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to ......

Sensex, Nifty rise as auto and public sector banks shine

Markets

17 October, 2019

Sensex, Nifty rise as auto and public sector banks shine

Indian shares ended higher on Thursday, led by gains in auto and state-owned bank stocks, as investors cheered Britain and ......

BASF plans $4 bn Indian chemicals complex with Adani, other partners

Manufacturing

17 October, 2019

BASF plans $4 bn Indian chemicals complex with Adani, other partners

German chemicals maker BASF (BASFn.DE) is teaming up with partners to study the feasibility of a petrochemical complex in India ......

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

India to miss fiscal deficit target as slowing growth crimps tax revenue

India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......

Citigroup names Peter Babej as Asia Pacific chief executive

Finance

17 October, 2019

Citigroup names Peter Babej as Asia Pacific chief executive

Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific ......

Nifty, Sensex rise on upbeat start to earnings season

Markets

16 October, 2019

Nifty, Sensex rise on upbeat start to earnings season

Indian shares ended higher on Wednesday as investors looked forward to upbeat September-quarter earnings from companies against the backdrop of ......

Slowing Indian bank lending overshadows economic rebound hopes

Economy

16 October, 2019

Slowing Indian bank lending overshadows economic rebound hopes

Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

Economy

16 October, 2019

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its ......

India's trade deficit narrows to $10.86 bn in September

Economy

15 October, 2019

India's trade deficit narrows to $10.86 bn in September

India’s trade deficit in September narrowed to $10.86 billion from $14.95 billion a year ago, the trade ministry said in ......