Reuters
Infrastructure
Indian real estate slump leaves beleaguered banks exposed
India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......
Manufacturing
Industrial output shrinks at fastest rate in more than six years
India’s industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an ......
Manufacturing
Car sales slump again in September as slowdown persists
India's passenger vehicle sales slumped 23.7% in September, the eleventh straight month of declines, prompting an industry body to flag ......
Markets
Sensex, Nifty slide as banks slump; earnings in focus
Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......
Infrastructure
WeWork India fights for funds after talks with ICICI Bank collapse
WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......
Economy
Moody's cuts growth forecast for India to 5.8% this fiscal year
Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to ......
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Finance
Multinational companies face heftier tax hit in biggest overhaul for decades
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under ......
Markets
Sensex, Nifty snap losing streak ahead of earnings season
Indian shares closed 1.7% higher on Wednesday after six consecutive sessions of declines, with the banking sector leading gains, as ......
