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Reuters

US Fed keeps rates steady; December hike on track

Economy

02 November, 2017

US Fed keeps rates steady; December hike on track

The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor ......

Facebook Q3 profit soars 79%; mobile powers ad revenue

TMT

02 November, 2017

Facebook Q3 profit soars 79%; mobile powers ad revenue

Facebook Inc faced harsh criticism in Washington on Wednesday over its failure to prevent Russian operatives from using its platform ......

Finance minister Arun Jaitley to head panel to oversee state bank consolidation

Finance

01 November, 2017

Finance minister Arun Jaitley to head panel to oversee state bank consolidation

India has set up a panel headed by Finance Minister Arun Jaitley to evaluate proposals for mergers among state-run banks, ......

Bitcoin hits new all-time high of $6,450

TMT

01 November, 2017

Bitcoin hits new all-time high of $6,450

Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial ......

Sensex, Nifty climb to fresh record highs

Finance

01 November, 2017

Sensex, Nifty climb to fresh record highs

Indian shares rose around 1 percent to fresh highs on Wednesday, tracking a rally in broader Asia on the back ......

India factory output growth slows in October as GST hurts

Finance

01 November, 2017

India factory output growth slows in October as GST hurts

Indian factory activity barely expanded in October as new orders fell, a survey showed on Wednesday, as price rises following ......

Bharti Airtel may sell controlling stake in telecom tower arm

TMT

01 November, 2017

Bharti Airtel may sell controlling stake in telecom tower arm

Bharti Airtel Ltd said on Tuesday it had been approached by global investors interested in a controlling stake in its ......

India jumps to 100th spot on World Bank's Ease of Doing Business list

General

31 October, 2017

India jumps to 100th spot on World Bank's Ease of Doing Business list

India jumped into 100th place on the World Bank's ranking of countries by Ease of Doing Business for the first ......

India's infrastructure output growth quickens to 5.2% in September

Infrastructure

31 October, 2017

India's infrastructure output growth quickens to 5.2% in September

India’s annual infrastructure output in September grew 5.2 percent from a year ago, driven by higher production of coal and ......

India's fiscal deficit hits 91.3% of full-year target in September

Economy

31 October, 2017

India's fiscal deficit hits 91.3% of full-year target in September

India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3 percent of the budgeted target for ......