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RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

Economy

18 February, 2019

RBI to discuss interest rate pass-through with banks; SBI says no room to cut rates

The Reserve Bank of India (RBI) will talk to lenders later this month about a pass-through on lower policy interest ......

Sensex closes nearly 1% lower as bad run continues

Markets

18 February, 2019

Sensex closes nearly 1% lower as bad run continues

The Sensex and Nifty closed lower on Monday, dragged by losses across most sectors, as investors awaited cues after lacklustre ......

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

Finance

18 February, 2019

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

India has proposed incentives worth 885 billion rupees ($12.4 billion) to encourage power plants to install equipment to curb emissions ......

India's trade deficit widens in January on rise in gold imports

Economy

15 February, 2019

India's trade deficit widens in January on rise in gold imports

India's trade deficit widened in January pushed by a rise in gold imports, while exports growth remained low, deepening concerns ......

Sensex tumbles 2% for the week after worst losing streak in a year

Markets

15 February, 2019

Sensex tumbles 2% for the week after worst losing streak in a year

Indian shares recovered some of their early losses in late trade on Friday, but subdued global indicators and muted domestic ......

Arun Jaitley resumes charge of finance ministry

Finance

15 February, 2019

Arun Jaitley resumes charge of finance ministry

Arun Jaitley has resumed charge of the finance and corporate affairs ministry on Friday, a government statement said, after a ......

Private equity firms line up big bets for India's residential real estate space

Infrastructure

15 February, 2019

Private equity firms line up big bets for India's residential real estate space

India’s cash-starved residential real estate market is set to get a boost from foreign and domestic private equity firms, which ......

Jet Airways approves lenders' rescue deal to plug $1.2 bn funding gap

Infrastructure

14 February, 2019

Jet Airways approves lenders' rescue deal to plug $1.2 bn funding gap

The board of Jet Airways Ltd has approved a plan by its lenders to resolve a near 85 billion rupee ......

Sensex marks worst run in more than five months

Markets

14 February, 2019

Sensex marks worst run in more than five months

Indian shares fell on Thursday, hurt by profit-taking in IT stocks, while energy stocks declined after the benchmark Brent crude ......

India's WPI inflation eases to 10-month low in January

Economy

14 February, 2019

India's WPI inflation eases to 10-month low in January

India's annual wholesale price inflation eased to a 10-month low of 2.76 percent in January, helped by a smaller increase ......