Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
Economy
RBI keeps interest rates steady, raises GDP forecast
The Reserve Bank of India (RBI) kept key interest rates steady as widely expected on Friday amid persistently high inflation,...
Economy
Economy on rebound, govt focuses on spending: Finance minister
India's economy will return to growth in 2021/22 after a sharp contraction in the latest year, and higher public spending...
TMT
Flipkart unit PhonePe to raise $700 mn, gets $5.5 bn valuation
PhonePe, the digital payments unit of Walmart's Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to...
Markets
Indian shares hit record highs as Maruti surges
Indian shares closed at record highs on Thursday as top automaker Maruti Suzuki hit its highest in nearly two years, ......
Finance
RBI puts curbs on HDFC Bank's digital, credit card operations
The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching...
Economy
Indian services industry loses some steam in November
Growth in India’s dominant services industry lost some momentum in November as demand weakened, a private survey showed...
General
India's coronavirus infections stay below 40,000 for fourth day in a row
India's daily rise in coronavirus infections stayed below 40,000 for a fourth straight day, as 35,551 new cases took the ......
TMT
Ant Group considers Paytm stake sale amid India-China tensions
Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between...
Markets
Nifty hits record closing high, Sensex slips
India's Nifty 50 notched a record closing high on Wednesday, buoyed by hopes for a COVID-19 vaccine and an eventual ......
TMT
Airbnb aims for $35 bn valuation in long-awaited IPO
Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public ......
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