Reuters
Markets
Sensex recovers on boost from banks, steelmakers
Indian shares ended higher on Wednesday, as gains in banking and steelmaker shares helped markets recover from earlier losses, with ......
TMT
Amazon India plans to scrap single-use plastic, joins rival Flipkart
Amazon.com Inc’s India unit plans to replace single-use plastic in its packaging by June 2020, the company said on Wednesday, ......
Economy
India services growth slows in August on weaker demand
Activity in India’s dominant services industry expanded at a slower pace in August as demand softened, according to a business ......
Finance
RBI panel favours allowing foreign portfolio investors to directly buy bad loans
A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......
Markets
Nifty, Sensex slump 2% after dismal growth data
Indian shares plunged 2% on Tuesday in a broad-based selloff, as investors fretted over data that showed the economy grew ......
Manufacturing
Tata Steel to shut some operations in UK, 400 jobs at stake
The Tata Steel Ltd said on Monday it would shut parts of its non-core businesses in the United Kingdom, a ......
Manufacturing
Automakers demand tax cuts as sales plummet for 10th month
India’s passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their ......
Manufacturing
India manufacturing growth slows to 15-month low in August
Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their ......
Economy
India's economic growth slumps to 5% in April-June quarter
India’s economy expanded at its weakest pace in more than six years in April-June, as consumer demand and private investment ......
Economy
Fiscal deficit crosses 77% of budgeted target in first four months of FY20
India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......
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