Reuters
Economy
India's economic growth slumps to 5% in April-June quarter
India’s economy expanded at its weakest pace in more than six years in April-June, as consumer demand and private investment ......
Economy
Fiscal deficit crosses 77% of budgeted target in first four months of FY20
India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......
Markets
Nifty, Sensex end higher after two weeks of losses; pharma gains
Indian shares ended higher on Friday, recording their first weekly gain in three, as investors cheered signs of progress in ......
Finance
Dewan Housing board approves conversion of debt to equity
India's crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included ......
Economy
India to woo foreign firms like Apple to capitalise on US-China trade war
India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift ......
Finance
SBI's credit card business aims to raise $1.1 bn via IPO
SBI Card & Payments Services Ltd, the credit card subsidiary of State Bank of India, plans to raise about 80 ......
Markets
Sensex, Nifty drop for second day; banks among top losers
Indian shares fell for a second day on Thursday, led by losses in financial stocks, as fears of a global ......
Economy
GDP growth likely slipped in April-June but room for stimulus limited
India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as ......
TMT
Bharti Airtel unit's merger deal with Telkom Kenya runs into regulatory wall
Kenya's anti-corruption commission said on Wednesday it had suspended a planned merger of Airtel Kenya with partly state-owned Telkom Kenya ......
Economy
Govt eases foreign investment rules for digital media, other sectors to boost growth
India’s cabinet on Wednesday approved further liberalizing of foreign direct investment (FDI) rules in four sectors, in an effort to ......
