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Reuters

Goldman Sachs Asia Pacific CEO Ken Hitchner to retire

Finance

19 February, 2019

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 ......

ArcelorMittal makes bid to acquire Essar's Mahan power plant

Infrastructure

19 February, 2019

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 ......

RBI to transfer interim surplus of nearly $4 bn to govt

Economy

18 February, 2019

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) ......

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 ......