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Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres

Finance

25 September, 2019

Proparco grew credit to NBFCs as it has a counter-cyclical role: Philippe Serres

Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement, has increased credit to Indian lenders ......

Markets

20 September, 2019

Nifty, Sensex clock best day in 10 years after sharp cuts in corporate taxes

Indian shares surged over 5% on Friday and were set for their best day in more than a decade after ......

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s...

Finance

16 September, 2019

Fiscal deficit under threat if oil surge continues: RBI Governor

India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......

Economy

12 September, 2019

Retail inflation climbs to 10-month high in August but another rate cut likely

India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term...

Finance

06 September, 2019

RBI bars Equitas Small Finance Bank from opening new branches, caps CEO pay

The Reserve Bank of India has barred Equitas Small Finance Bank from opening new branches after the lender failed to ......

Markets

05 September, 2019

Why rupee may not gain ground despite tax rollback for foreign investors

The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by ......

Economy

04 September, 2019

India likely to miss fiscal deficit target amid pressure for more stimulus

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from...

Finance

04 September, 2019

RBI panel favours allowing foreign portfolio investors to directly buy bad loans

A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......

Manufacturing

03 September, 2019

India manufacturing growth slows to 15-month low in August

Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their ......

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