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Reuters

India's services activity dips in December but hiring picks up pace

Economy

04 January, 2019

India's services activity dips in December but hiring picks up pace

Growth in India’s services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as ......

Sensex closes 1% lower for second straight session

Markets

03 January, 2019

Sensex closes 1% lower for second straight session

Indian shares closed over 1 percent lower for a second consecutive session on Thursday, reflecting losses in broader markets where ......

ONGC to reconsider govt demand to list overseas unit

Infrastructure

02 January, 2019

ONGC to reconsider govt demand to list overseas unit

India’s Oil and Natural Gas Corp Ltd will reconsider the government’s demand that it list ONGC Videsh Ltd, its overseas ......

Sensex slips more than 1% as auto stocks skid

Markets

02 January, 2019

Sensex slips more than 1% as auto stocks skid

Indian shares fell over 1 percent on Wednesday, dragged by auto stocks after disappointing December sales data, while stocks across ......

India's manufacturing growth slows in Dec but quarterly numbers highest in 6 yrs

Economy

02 January, 2019

India's manufacturing growth slows in Dec but quarterly numbers highest in 6 yrs

Indian manufacturing activity expanded at a slower pace in December as growth in new orders and output waned, despite factories ......

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

Jet Airways defaults on debt payment to banks

Infrastructure

02 January, 2019

Jet Airways defaults on debt payment to banks

Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India ......

Sensex finishes year above 36,000, posts third straight annual gain

Markets

31 December, 2018

Sensex finishes year above 36,000, posts third straight annual gain

Indian shares ended nearly flat on the last trading day of 2018 amid positive global cues and a stronger rupee, ......

Plan to list six state-owned firms gets cabinet nod

Manufacturing

28 December, 2018

Plan to list six state-owned firms gets cabinet nod

India's cabinet has approved a plan to list six government-owned companies and dilute stake in Kudremukh Iron Ore Company Ltd ......

Sensex posts 1% weekly gain amid uptick in financial stocks

Markets

28 December, 2018

Sensex posts 1% weekly gain amid uptick in financial stocks

Indian shares ended higher in light trade on Friday, gaining for a third straight session, helped by an uptick in ......