Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Economy

31 May, 2019

Modi faces job creation challenge as unemployment rate rises to 6.1%

India's unemployment rate rose to 6.1% in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge...

• Reuters

Economy

31 May, 2019

India's GDP growth falls to 5.8% in March quarter, slowest in four years

India's economy grew at a much-lower-than-expected 5.8% in the January-March period, its slowest pace in 17 quarters, and...

• Reuters

Economy

31 May, 2019

Infra output up 2.6% in April; fiscal deficit at 22.3% of budgeted target

India's infrastructure output grew 2.6% in April from a year earlier, government data showed on Friday. Infrastructure...

• Reuters

Premium

Finance

31 May, 2019

Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets

Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......

• Beena Parmar

Finance

31 May, 2019

KKR names former Australian prime minister Turnbull global senior advisor

KKR & Co has appointed former Australian Prime Minister Malcolm Turnbull as a global senior advisor, the global investment...

• Reuters

Economy

31 May, 2019

New Modi govt to unleash 'big-bang' reforms, says Niti Aayog official

In the first 100 days of Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that...

• Reuters

Finance

30 May, 2019

Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers

Mumbai-based stressed asset investor Eight Capital Management and London-headquartered Emso Asset Management on Thursday announced...

• Beena Parmar

Economy

30 May, 2019

India may lose spot as fastest-growing economy as PM Modi's second term begins

India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill ......

• Reuters

Finance

30 May, 2019

PNB hikes bad-loan recovery target by over 50% for FY20

State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...

• Beena Parmar

Finance

30 May, 2019

Adams Street Partners raises $1.1 bn for private credit fund

Adams Street Partners, a US-based private markets investment management firm, has raised $1.1 billion for its first private credit...

• Ranjani Raghavan