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Economy

Indian regulators raise red flags over misuse of AIFs to mask bad loans

Economy

06 December, 2023

Indian regulators raise red flags over misuse of AIFs to mask bad loans

India's market regulator and its central bank share concerns over instances of alternate investment funds (AIFs) ......

India's GDP grows 7.6% in July-September, tops estimates

Economy

30 November, 2023

India's GDP grows 7.6% in July-September, tops estimates

India's economy grew at a much faster pace than expected in the July-September quarter, helped by government ......

Govt set to miss FY24 divestment targets by more than half

Economy

24 November, 2023

Govt set to miss FY24 divestment targets by more than half

India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year ......

October trade deficit widens to record levels as gold imports boom

Economy

15 November, 2023

October trade deficit widens to record levels as gold imports boom

India's merchandise trade deficit in October widened to a record level, partly due to a sharp rise in gold imports ......

SEBI, RBI probing some AIFs alleging 'evergreening' of NPAs

Economy

17 October, 2023

SEBI, RBI probing some AIFs alleging 'evergreening' of NPAs

India's markets regulator and its central bank are investigating about a dozen cases of alternate investment funds (......

Rupee ends at record low as crude prices rise on geopolitical concerns

Economy

16 October, 2023

Rupee ends at record low as crude prices rise on geopolitical concerns

The Indian rupee ended at its lifetime closing low on Monday as a jump in crude oil prices and weakness ......

RBI keeps repo rate unchanged, says inflation outlook clouded

Economy

06 October, 2023

RBI keeps repo rate unchanged, says inflation outlook clouded

The Reserve Bank of India's key lending rate was held steady at a fourth consecutive policy meeting on Friday, as ......

NIIF teams up with Japanese state-backed body for ESG bets in India

Economy

04 October, 2023

NIIF teams up with Japanese state-backed body for ESG bets in India

India’s quasi-sovereign fund, the National Investment and Infrastructure Fund (NIIF) on Wednesday said that it has set......

Moody's keeps India's sovereign rating unchanged at Baa3

Economy

18 August, 2023

Moody's keeps India's sovereign rating unchanged at Baa3

Moody's Investors Service has affirmed India's long-term local and foreign-currency sovereign ratings and ......

Govt plans welfare measures for gig workers ahead of elections

Economy

14 August, 2023

Govt plans welfare measures for gig workers ahead of elections

India plans to roll out welfare measures for "gig" workers employed through platforms like Amazon, Uber and India's ......

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