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Reuters

RBI cuts repo rate in first policy review under new governor

Economy

07 February, 2019

RBI cuts repo rate in first policy review under new governor

India's central bank on Thursday unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" from "calibrated tightening" ......

Cognizant names Vodafone exec Brian Humphries new CEO

People

06 February, 2019

Cognizant names Vodafone exec Brian Humphries new CEO

Cognizant Technology Solutions Corp on Wednesday beat Wall Street estimates for quarterly results, benefiting from higher spending by clients in ......

Sensex records best close since September

Markets

06 February, 2019

Sensex records best close since September

Indian shares ended higher for a fifth straight session on Wednesday, with gains across most verticals, as investor sentiment was ......

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

Economy

06 February, 2019

Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

The Indian rupee is set to underperform against the dollar again this year, weighed down by uncertainty ahead of a ......

Sensex ends in the green as consumer, financial stocks offer boost

Markets

05 February, 2019

Sensex ends in the green as consumer, financial stocks offer boost

Indian shares ended slightly higher on Tuesday, lifted by gains in consumer stocks, while investors kept a cautious stance ahead ......

RBI may soften policy stance, inch towards rate cut

Economy

05 February, 2019

RBI may soften policy stance, inch towards rate cut

The Reserve Bank of India is likely to change its monetary policy stance to “neutral” from “calibrated tightening” on Thursday ......

Indian services activity slows for a second month in January

Economy

05 February, 2019

Indian services activity slows for a second month in January

Growth in India’s dominant services sector weakened for a second month in January but firms accelerated hiring despite waning demand, ......

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

Manufacturing

05 February, 2019

NCLAT rejects Tata Steel's move to block rival bids for Bhushan Power

An Indian appeals tribunal has ruled against Tata Steel Ltd’s effort to dismiss rival bids for Bhushan Power and Steel, ......

UK approves fugitive businessman Vijay Mallya's extradition to India

General

05 February, 2019

UK approves fugitive businessman Vijay Mallya's extradition to India

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office ......

India's fiscal deficit narrows in April-December

Economy

04 February, 2019

India's fiscal deficit narrows in April-December

India's April-December fiscal deficit narrowed to 7.01 trillion rupees ($97.80 billion), or 112.4 percent of the budgeted target for the ......