Reuters
Economy
ANZ slashes GDP growth forecast for India, says turnaround tough
The Australia and New Zealand Banking Group (ANZ) slashed its forecast for India’s economic growth to 6.2% in the financial ......
Finance
Ontario Teachers' Pension Plan may open Mumbai office, increase India investments
Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia and Europe over ......
Infrastructure
SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half
WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements ......
Markets
Sensex jumps as Trump delays China tariffs
Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to ......
Economy
July WPI inflation slows to more than two-year low as economy falters
India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their power ......
Finance
StanChart eyes $100 bn private banking assets in growth push
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......
Economy
July retail inflation stays low enough to allow RBI a fifth rate cut
India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th straight ......
Markets
Sensex slumps as auto stocks take beating
Indian shares ended sharply lower on Tuesday, led by a drop in automotive stocks after data showed monthly passenger vehicle ......
Manufacturing
Bosch's Indian unit begins restructuring as auto sector slowdown bites
India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening ......
Manufacturing
Passenger vehicle sales drop at steepest pace in nearly two decades
India’s domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body ......
