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Reuters

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

Sensex little changed as IT stocks offset gains

Markets

01 November, 2018

Sensex little changed as IT stocks offset gains

Indian shares ended little changed on Thursday as losses in IT stocks, pressured by a strong rupee, marginally outweighed gains ......

India factory output growth hits four-month high in October

Manufacturing

01 November, 2018

India factory output growth hits four-month high in October

Indian manufacturers defied expectations for a slowdown and expanded activity at the fastest pace in four months in October, boosted ......

India jumps to 77th spot on World Bank's Ease of Doing Business list

Finance

31 October, 2018

India jumps to 77th spot on World Bank's Ease of Doing Business list

Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World ......

Nifty ends session nearly 2% higher but records worst month since early-2016

Markets

31 October, 2018

Nifty ends session nearly 2% higher but records worst month since early-2016

Indian shares clawed back earlier losses to end higher on Wednesday, bolstered by a rally in financial stocks after the ......

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 ......