Reuters
Markets
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 ......
Manufacturing
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 ......
Finance
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 ......
Economy
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 ......
Economy
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 ......
Economy
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 ......
Economy
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 ......
Markets
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 ......
Finance
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 ......
Economy
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 ......