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Nifty, Sensex post best week in six as risk sentiment rises

Markets

13 December, 2019

Nifty, Sensex post best week in six as risk sentiment rises

Indian shares ended about 1% higher on Friday, as prospects of a trade deal between the United States and China ......

Paytm parent allots shares to SoftBank, others as part of $1 bn fundraise

TMT

13 December, 2019

Paytm parent allots shares to SoftBank, others as part of $1 bn fundraise

SoftBank-backed Indian digital payments startup Paytm's parent is set to allot about 2.6 million shares to investors, according to a ......

Deloitte failed to meet standards in IL&FS unit audit, says regulator

Finance

13 December, 2019

Deloitte failed to meet standards in IL&FS unit audit, says regulator

Deloitte Haskins and Sells LLP (DHS) failed to meet auditing standards when it vetted the books of India's IL&FS Financial ......

India's economic worries mount as inflation quickens, industrial output shrinks

Finance

12 December, 2019

India's economic worries mount as inflation quickens, industrial output shrinks

India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the ......

Nifty, Sensex rise on govt boost for shadow banks

Markets

12 December, 2019

Nifty, Sensex rise on govt boost for shadow banks

Indian shares ended higher on Thursday as the government's move to ease rules for shadow banks lifted investor sentiment, with ......

US Fed keeps rates on hold, hints at no changes through 2020

Finance

12 December, 2019

US Fed keeps rates on hold, hints at no changes through 2020

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with ......

Nifty, Sensex rise on hopes of govt stimulus

Markets

11 December, 2019

Nifty, Sensex rise on hopes of govt stimulus

Indian shares ended higher on Wednesday, as investors hoped for government sops from a cabinet meeting held during the day, ......

India's privacy bill seeks access to users' data from companies

TMT

11 December, 2019

India's privacy bill seeks access to users' data from companies

Changes to India's privacy bill could cause trouble for Facebook, Google and others as proposals include government powers to request ......

ADB slashes India's growth forecast for this year and next

Finance

11 December, 2019

ADB slashes India's growth forecast for this year and next

The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for developing Asia this year and ......

India's electricity demand falls for fourth month in a row

Infrastructure

10 December, 2019

India's electricity demand falls for fourth month in a row

India's power demand fell 4.3% in November from a year ago, representing the fourth straight month of decline, government data ......