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Sensex, Nifty jump to record close on hopes of a rate cut

Markets

03 June, 2019

Sensex, Nifty jump to record close on hopes of a rate cut

Indian shares rose about 1.5% to record close on Monday, as weak economic growth data raised prospects of a rate ......

India factory activity picks up pace in May

Manufacturing

03 June, 2019

India factory activity picks up pace in May

India’s manufacturing sector expanded at its quickest pace in three months in May on improved output and new orders, according ......

Blackstone to buy GLP's US warehouse assets in largest real estate PE deal

Finance

03 June, 2019

Blackstone to buy GLP's US warehouse assets in largest real estate PE deal

Blackstone Group LP is buying U.S. industrial warehouse assets from Singapore-based logistics provider GLP for $18.7 billion, in what the ......

Union Budget to be presented on July 5

Economy

31 May, 2019

Union Budget to be presented on July 5

India will announce its full-year budget for the year ending March 2020 on July 5, India's farm minister Narendra Tomar said on ......

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

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 ......

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

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 falling behind ......

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

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 output, which comprises eight ......

Sensex posts weekly gain, rises nearly 2% in May

Markets

31 May, 2019

Sensex posts weekly gain, rises nearly 2% in May

Nifty, Sensex end lower after Nirmala Sitharaman's surprise appointment as finance minister   Indian shares gave up early gains to end slightly ......

KKR names former Australian prime minister Turnbull global senior advisor

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 firm ......

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

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 should ......