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Reuters

RBI asks banks to classify loans to IL&FS as non-performing

Finance

09 January, 2019

RBI asks banks to classify loans to IL&FS as non-performing

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans ......

Sensex rises for a third day; Bandhan Bank, Gruh Finance tumble

Markets

08 January, 2019

Sensex rises for a third day; Bandhan Bank, Gruh Finance tumble

Indian shares rose for the third straight session to close marginally higher on Tuesday, as investors booked some profits and ......

Govt pegs GDP growth at 7.2% in current fiscal

Economy

07 January, 2019

Govt pegs GDP growth at 7.2% in current fiscal

 India forecast its economy will grow more than 7 percent in the current financial year ending in March, giving some relief ......

Sensex rises as global developments calm investors

Markets

07 January, 2019

Sensex rises as global developments calm investors

Indian shares rose on Monday along with global markets as upbeat U.S. data, a more dovish tone by the Federal ......

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

Economy

07 January, 2019

RBI open to injecting liquidity, may pay up to $5.8 bn interim dividend to govt

The Reserve Bank of India (RBI) is open to infusing “need-based” liquidity into the financial system, Governor Shaktikanta Das said ......

Foreign fund outflow from India, other Asian markets hits seven-year high in 2018

Markets

04 January, 2019

Foreign fund outflow from India, other Asian markets hits seven-year high in 2018

Foreign outflows from Asian equities were the biggest in at least seven years in 2018 as the Sino-U.S. trade war ......

Sensex kicks off 2019 with weekly loss

Markets

04 January, 2019

Sensex kicks off 2019 with weekly loss

Indian shares rose 0.5 percent on Friday, tracking global markets which heaved a sigh of relief as China stepped up ......

India's services activity dips in December but hiring picks up pace

Economy

04 January, 2019

India's services activity dips in December but hiring picks up pace

Growth in India’s services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as ......

Sensex closes 1% lower for second straight session

Markets

03 January, 2019

Sensex closes 1% lower for second straight session

Indian shares closed over 1 percent lower for a second consecutive session on Thursday, reflecting losses in broader markets where ......

ONGC to reconsider govt demand to list overseas unit

Infrastructure

02 January, 2019

ONGC to reconsider govt demand to list overseas unit

India’s Oil and Natural Gas Corp Ltd will reconsider the government’s demand that it list ONGC Videsh Ltd, its overseas ......