Reuters
Economy
Fiscal deficit touches 113.7% of full-year target in first 10 months
India reported on Wednesday a fiscal deficit of 6.77 trillion rupees ($103.72 billion) for April-January or 113.7 percent of the ......
Manufacturing
India factory activity slows to four-month low in February
Growth in India’s factory activity slowed to a four-month low in February as new orders eased and weighed on output ......
Infrastructure
Asian Infrastructure Investment Bank to invest $200 mn in NIIF
Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018, a ......
Markets
Bank stocks drag Sensex, Nifty lower; PNB down 12%
Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.Punjab National Bank ......
Finance
Norway's sovereign wealth fund doubled returns last year amid stock market boom
Norway’s $1 trillion sovereign wealth fund, the world’s largest, doubled its return on investment in 2017, beating its benchmark, as ......
Manufacturing
Ambuja Cement, ACC shelve merger plan; shares slip
Ambuja Cement Ltd slid as much as 4.8 percent and ACC Ltd fell as much as 2.2 percent after the ......
Finance
PNB says bank fraud now estimated at nearly $2 bn
India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......
Markets
Sensex, Nifty close nearly 1% higher as investors pin hopes on Fed meet
The Sensex and the Nifty rose for a second straight session on Monday ahead of release of key domestic economic ......
Markets
Sensex, Nifty close 1% higher to cap off best week in a month
Indian shares ended higher on Friday, tracking gains in global equities, as investors bought shares of recent underperformers such as ......
Infrastructure
CDPQ unit Ivanhoe aims to double India real estate investments
The real estate arm of Canada’s second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) ......
