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Reuters

India govt unlikely to unveil economic stimulus before Monday

Economy

16 August, 2019

India govt unlikely to unveil economic stimulus before Monday

The government is unlikely to announce any economic stimulus before Monday as more meetings are being planned to discuss a ......

Sensex, Nifty down this week on US-China trade conflict, global recession fears

Markets

16 August, 2019

Sensex, Nifty down this week on US-China trade conflict, global recession fears

Indian shares ended a tick higher on Friday, powered by gains in banking stocks, but finished lower for the week ......

ANZ slashes GDP growth forecast for India, says turnaround tough

Economy

16 August, 2019

ANZ slashes GDP growth forecast for India, says turnaround tough

The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2% in the financial ......

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Finance

14 August, 2019

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia and Europe over ......

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

Infrastructure

14 August, 2019

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements ......

Sensex jumps as Trump delays China tariffs

Markets

14 August, 2019

Sensex jumps as Trump delays China tariffs

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to ......

July WPI inflation slows to more than two-year low as economy falters

Economy

14 August, 2019

July WPI inflation slows to more than two-year low as economy falters

India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their power ......

StanChart eyes $100 bn private banking assets in growth push

Finance

14 August, 2019

StanChart eyes $100 bn private banking assets in growth push

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......

July retail inflation stays low enough to allow RBI a fifth rate cut

Economy

13 August, 2019

July retail inflation stays low enough to allow RBI a fifth rate cut

India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th straight ......

Sensex slumps as auto stocks take beating

Markets

13 August, 2019

Sensex slumps as auto stocks take beating

Indian shares ended sharply lower on Tuesday, led by a drop in automotive stocks after data showed monthly passenger vehicle ......