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Reuters

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is "essential" as it sought to calm ......

Government to sell up to 9% stake in Coal India

Infrastructure

30 October, 2018

Government to sell up to 9% stake in Coal India

The Indian government will divest a 3-percent stake in Coal India Ltd by selling up to 186.2 million shares in ......

 Sensex closes lower as RIL accounts for big chunk of losses

Markets

30 October, 2018

Sensex closes lower as RIL accounts for big chunk of losses

Indian shares ended lower on Tuesday, with oil-to-retail conglomerate Reliance Industries Ltd accounting for a major chunk of the losses, ......

Govt considers outright sale of IL&FS to resolve crisis: Report

Finance

30 October, 2018

Govt considers outright sale of IL&FS to resolve crisis: Report

The Indian government is considering putting Infrastructure Leasing and Financial Service Ltd (IL&FS) up for sale or divesting some of its ......

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a ......

Sensex closes more than 2% higher as financial stocks lead charge

Markets

29 October, 2018

Sensex closes more than 2% higher as financial stocks lead charge

Indian shares closed more than 2 percent higher on Monday, lifted by financial stocks on optimism about quarterly earnings, while ......

Sensex continues slide to end week nearly 3% lower

Markets

26 October, 2018

Sensex continues slide to end week nearly 3% lower

Indian shares closed at a seven-month low on Friday, dragged by IT and banking stocks, in line with a worldwide ......

KKR Q3 earnings jump on gains from asset sales

Finance

25 October, 2018

KKR Q3 earnings jump on gains from asset sales

Private equity firm KKR & Co LP reported its second-highest distributable earnings in its history on Thursday, as its third-quarter ......

Sensex ends over 1% lower amid global selloff

Markets

25 October, 2018

Sensex ends over 1% lower amid global selloff

Indian shares closed at their lowest in seven months on Thursday, tracking a rout in global equities amid growth concerns, ......

How India is becoming a smartphone-making powerhouse

Manufacturing

25 October, 2018

How India is becoming a smartphone-making powerhouse

South Korea’s Samsung, China's Xiaomi and Taiwan’s Foxconn are among companies that are setting up or expanding mobile-phone factories in ......