Reuters
Markets
Nifty, Sensex erase gains to close lower for sixth day
Indian shares failed to hold early gains and ended lower for a sixth straight session on Thursday, pressured by losses ......
Manufacturing
Indian auto parts makers warn of 1 mn job cuts if slowdown continues
India’s auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the ......
Infrastructure
India to help power global solar installations to record high
New solar photovoltaic (PV) installations are set to reach a record high this year, driven by improving markets in Europe ......
Finance
India to raise big chunk of sovereign overseas debt via 30-year bonds
The Indian government plans to issue a significant portion of its proposed sovereign overseas borrowing via 30-year paper, a senior ......
Finance
SoftBank to commit $40 bn to second Vision Fund
Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported ......
Finance
RBI to cut rates again in August as doves prevail: Poll
The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, ......
Markets
Investors pull $1.5 bn from India equities so far in July
Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in ......
Markets
Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast
Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual ......
Manufacturing
Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia
Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime ......
Finance
RBI names BP Kanungo to run monetary policy after Viral Acharya quits
The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......
