India's annual retail inflation for March eased below the central bank's upper tolerance level for the first time this year, as food prices softened.Annual retail inflation eased to… Read More...
International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."He said that India is one of the… Read More...
Lenders to Anil Ambani-promoted Reliance Capital have cancelled Tuesday's scheduled auction for the sale of the distressed company undergoing insolvency proceedings, two people aware of… Read More...
Retail sales of two-wheelers in the local market rose for a second quarter in a row, indicating a turnaround in consumer sentiment in rural markets where demand has been under pressure… Read More...
The Reserve Bank of India said it is proposing to permit banks with IFSC banking units to offer non-deliverable forex derivative contracts involving the Indian rupee to resident users… Read More...
Mumbai: India's stock benchmarks rose almost 1% to a four-week high on Wednesday, defying the mixed-to-negative trend in global equities, ahead of the Reserve Bank of India's… Read More...
The Reserve Bank of India is likely to announce another rate hike on Thursday, following the bi-monthly review of its monetary policy. RBI Governor Shaktikanta Das is set to address the… Read More...
Japan's largest lender Mitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire 20% in New Delhi-based shadow bank DMI Finance by investing $230-240 million, said people… Read More...