Reuters
Finance
US Fed raises interest rates, keeps 2018 policy outlook unchanged
The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as ......
Finance
India weighs imposing tax on virtual currencies
India’s central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said ......
Infrastructure
Supreme Court halts government takeover of Unitech management
India’s Supreme Court halted on Wednesday a government takeover of the management of realty firm Unitech Ltd, while it was ......
Finance
Sensex falls after accelerating inflation raises rate hike worries
Indian shares ended lower on Wednesday, with banks among the biggest laggards after unexpectedly high consumer inflation in November raised ......
Economy
ADB trims India's growth forecast for 2017
The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6 percent for this year ......
Economy
Retail inflation quickens to 15-month high; factory output growth slows
India’s retail inflation in November breached the Reserve Bank of India’s medium-term target of 4 percent, which could put pressure ......
TMT
Reliance weighs plan to list telecom unit Jio by early 2019: Report
India's Reliance Industries Ltd is holding internal talks for listing its telecom unit Jio by late 2018 or early 2019, ......
Finance
Punjab National Bank raises $777 mn via share sale
Punjab National Bank has raised 50 billion rupees ($777 million) from a share sale to institutional investors, sources with direct ......
TMT
Apple, India govt spar over import tax on mobile parts
Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can ......
Finance
Sensex rises for third day in a row as IT, bank shares gain
Indian shares closed higher for the third successive session on Monday, boosted by gains in IT and public sector bank ......
