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Indian bond yields surge as government borrowing balloons

Markets

11 May, 2020

Indian bond yields surge as government borrowing balloons

India's benchmark 10-year bond yield surged on Monday following the government's decision to sharply increase market borrowing...

Podcast: What's in store for stock markets as the country eases lockdown?

Markets

11 May, 2020

Podcast: What's in store for stock markets as the country eases lockdown?

India has gradually started to ease the lockdown imposed in late March to slow the spread of the coronavirus outbreak ......

Sensex, Nifty erase gains as ICICI leads banks lower

Markets

11 May, 2020

Sensex, Nifty erase gains as ICICI leads banks lower

Indian shares wiped out early gains to close lower on Monday, as a selloff in banking stocks soured optimism around ......

Equity markets in "full recovery mode"; India among top picks: Mark Mobius

Markets

08 May, 2020

Equity markets in "full recovery mode"; India among top picks: Mark Mobius

World equity markets are now in recovery mode, according to veteran emerging markets fund manager Mark Mobius, who said he ......

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to cushion the impact of the...

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Markets

07 May, 2020

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Indian stocks slid on Thursday, with declines led by banks and Hindustan Unilever, as coronavirus cases in the country crossed...

GSK sells $3.35 bn stake in Hindustan Unilever

Consumer

07 May, 2020

GSK sells $3.35 bn stake in Hindustan Unilever

GlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, according to a...

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Markets

06 May, 2020

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Indian shares rose on Wednesday on the back of a resurgence in banking stocks as markets awaited government stimulus measures...

India third most expensive Asian market as stock valuations jump in April

Markets

06 May, 2020

India third most expensive Asian market as stock valuations jump in April

Asian equities valuations jumped to the highest since January at the end of April, following a sharp recovery in regional ......

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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