Reuters
Finance
Goldman Sachs Asia Pacific CEO Ken Hitchner to retire
Goldman Sachs Group Inc’s Chairman and Chief Executive for the Asia-Pacific region excluding Japan, Ken Hitchner, is retiring from the ......
Infrastructure
ArcelorMittal makes bid to acquire Essar's Mahan power plant
ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200 megawatt power plant ......
Economy
RBI to transfer interim surplus of nearly $4 bn to govt
The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion rupees ($3.92 billion) ......
Economy
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 ......
Markets
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 ......
Finance
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 ......
Economy
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 ......
Markets
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 ......
Finance
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 ......
Infrastructure
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 ......