The central bank earned an additional 360 billion rupees through interest income from its domestic bond portfolio and 210 billion rupees from foreign exchange intervention operations, an official told reporters, asking not to
With so much “noise” in the numbers, it’s hard to disentangle how much of the loss of momentum in the economy is down to a natural slowdown, weaker global demand, and Brexit. The economy is forecast to rebound this quar
Credit analysts are keeping a watchful eye on signs of stress in Indian household debt after unemployment rose to a 45-year high and as lenders grapple with the worst soured debt levels of any major economy.
With escalating trade tensions damaging ties between the US and China, New Delhi’s latest investment rules could provide a boost to Apple, allowing it to grow sales in the country and possibly help it reduce its high depend
The ratio was prescient during the last two downturns. It shot up to 146% at the peak of the dot-com bubble in 2000, a record at the time and well above its average of 89% since 1975, according to numbers compiled by the Worl
Smartly, though, the government resisted frantic lobbying from some of India’s most powerful companies. Instead of handing out a big tax break, the new measures addressed some of the regularity fuzziness that might have bee
The world’s most influential consumer electronics company shed $44 billion of market value Friday after a pair of pronouncements from Beijing and Washington cast a spotlight on its massive Chinese production base, from whic
India is belatedly acknowledging that something’s gone wrong with what was once billed as the world’s fastest-growing economy. That’s the good news. The bad news is that New Delhi still doesn’t have a cohesive strateg
When snack makers start to lament that Indians can’t afford to spend 5 rupees (7 cents) on biscuits, it’s time to stop arguing over how much of the nation’s slowdown is cyclical and what part is structural.
The real test will come in the crucial holiday season. That’s when the company is banking on a combination of new hardware, software and services to drive revenue higher, following a huge miss at the end of last year.
Amazon.com Inc. struck a deal that gives it the right to eventually buy a stake in India’s Future Retail Ltd., as the U.S. giant seeks to bolster its presence in one of the world’s fastest-growing retail markets.
RBI watchers were left scrambling this week for their dictionaries and Google searches to decipher parts of a speech by Governor Shaktikanta Das and minutes of the recent monetary policy committee meeting.
Twitter’s recent effort to curtail China’s government-directed misinformation campaigns, which provoked outrage from state media, seems at odds with continuing to welcome pro-Beijing accounts that attack Hong Kong protest