Reuters
Economy
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 ......
Infrastructure
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 ......
Markets
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, ......
Finance
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 ......
Economy
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 ......
Markets
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 ......
Markets
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 ......
Finance
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 ......
Markets
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, ......
Manufacturing
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 ......