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Reuters

Norway's wealth fund may get to invest in unlisted firms next year

Finance

31 March, 2017

Norway's wealth fund may get to invest in unlisted firms next year

Norway's $915-billion sovereign wealth fund, the world's largest, may be allowed next year to invest in unlisted stocks, the Norwegian ......

Govt may extend tax benefits to big power projects

Infrastructure

31 March, 2017

Govt may extend tax benefits to big power projects

India will put forward a proposal in its cabinet on Friday to give 25 large power projects extra time to ......

Essar's $12.9 bn deal with Rosneft-led group delayed

Infrastructure

31 March, 2017

Essar's $12.9 bn deal with Rosneft-led group delayed

The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed, the ......

Infrastructure output growth slows to 1% in February

Infrastructure

31 March, 2017

Infrastructure output growth slows to 1% in February

India's annual infrastructure output growth slowed to 1.0 percent in February, the lowest level in at least 13 months, mainly ......

India's fiscal deficit crosses FY17 target in Apr-Feb

Infrastructure

31 March, 2017

India's fiscal deficit crosses FY17 target in Apr-Feb

India's fiscal deficit in the first 11 months to February was 6.06 trillion rupees ($93.40 billion), or 113.4 percent of ......

Asian firms' M&A deals in Jan-March fall to three-year low

Others

31 March, 2017

Asian firms' M&A deals in Jan-March fall to three-year low

Merger and acquisitions involving Asian companies fell 39 percent in the first quarter of 2017 to $176 billion, the lowest ......

Financial stocks push Sensex higher on GST hopes

Finance

30 March, 2017

Financial stocks push Sensex higher on GST hopes

Indian shares rose in thin trade on Thursday after the country moved a step closer to implementing a nationwide goods ......

Ontario Teachers' Pension Plan reports lower rate of return in 2016

Finance

30 March, 2017

Ontario Teachers' Pension Plan reports lower rate of return in 2016

The Ontario Teachers' Pension Plan's rate of return dropped to 4.2 percent last year from 13 percent in 2015, the ......

GDP data not politically influenced, says finance ministry aide Subramanian

Finance

29 March, 2017

GDP data not politically influenced, says finance ministry aide Subramanian

India's chief economic adviser rejected the notion that official data was politically influenced as "utter nonsense", after surprisingly strong growth ......

No plans to buy Anglo American assets, says Vedanta's Agarwal

Manufacturing

29 March, 2017

No plans to buy Anglo American assets, says Vedanta's Agarwal

The chairman of Indian miner Vedanta Resources said on Wednesday he had no plans to buy assets in South Africa ......