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Reuters

India to raise big chunk of sovereign overseas debt via 30-year bonds

Finance

25 July, 2019

India to raise big chunk of sovereign overseas debt via 30-year bonds

The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior ......

SoftBank to commit $40 bn to second Vision Fund

Finance

25 July, 2019

SoftBank to commit $40 bn to second Vision Fund

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported ......

RBI to cut rates again in August as doves prevail: Poll

Finance

25 July, 2019

RBI to cut rates again in August as doves prevail: Poll

The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, ......

Investors pull $1.5 bn from India equities so far in July

Markets

25 July, 2019

Investors pull $1.5 bn from India equities so far in July

Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in ......

Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Markets

24 July, 2019

Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast

Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual ......

Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia

Manufacturing

24 July, 2019

Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia

Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime ......

RBI names BP Kanungo to run monetary policy after Viral Acharya quits

Finance

24 July, 2019

RBI names BP Kanungo to run monetary policy after Viral Acharya quits

The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......

Facebook to pay $5 bn fine to settle privacy violation allegations

TMT

24 July, 2019

Facebook to pay $5 bn fine to settle privacy violation allegations

The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of ......

AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections

Finance

23 July, 2019

AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections

The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the World ......

Govt moves bills in parliament to overhaul labour laws

General

23 July, 2019

Govt moves bills in parliament to overhaul labour laws

India moved on Tuesday to overhaul decades-old labour laws, some dating from British colonial rule, by introducing two key measures ......