The International Monetary fund (IMF) has lowered India’s growth forecast for FY16 to 7.3 per cent from its July forecast of 7.5 per cent.
An analysis by the NITI Aayog on this year's onion crisis shows traders could have milked Rs 8,000 crore from consumers in August and September by manipulating prices.
The Reserve Bank of India (RBI) has initiated corrective action at Indian Overseas Bank (IOB) on the grounds that its management is unable to revive it.
ICICI Bank, the country's largest private sector lender, has reduced the interest rate on its home loans by only 25-30 basis points (bps), even though it reduced its base rate by 35 bps last week.
Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday said a slowdown in China wasn’t necessarily good news for India, as it would lead to global demand being squeezed further.
Reserve Bank of India (RBI) Deputy Governor S S Mundra has emphasised on the need for a bankruptcy code to ensure greater financial discipline among borrowers.
For foreign portfolio investors (FPIs), the Reserve Bank of India (RBI) will be increasing the investment limit in government securities to Rs 1,79,500 crore by January 1, from the existing Rs 1,53,500 crore.
India is turning out to be a bright spot to do business in for marquee accounting, audit and advisory firms. In their annual reports for FY15, both PwC and EY said their India business had recorded the fastest growth revenue-wise globally.
The much-awaited report of the technical consultant on the dispute related to natural gas reserves in the Krishna-Godavari (K-G) basin between India’s largest oil companies — state-owned Oil and Natural Gas Corporation (ONGC) and Reliance
CARE Ratings has downgraded ratings for Jaiprakash Power Ventures Ltd (JPVL)’s loans used for Nigrie thermal power project (NTPP) from “BB&" to “D&" due to ongoing delays in debt servicing of credit.
Willy J Kruh, global chairman, consumer markets, KPMG International, tells Arnab Dutta in an interview how companies need to address millennials seriously if they intend to win in the marketplace.
Ashok Vemuri has quit as the chief executive of IGATE. Vemuri had played a key role in the sale of the IT services company to Capgemini for $4 billion in April this year.
Risk-based capital approach is the preferred way to assess the solvency capital of the branch of a foreign reinsurance company operating out of International Financial Services Centre (IFSC), according to the latest report of Insurance Regulatory and
State Bank of India has signed a pact for credit worth $300 million (Rs 1,956 crore) from German development bank KFW for lending to rural and micro sectors in India. The loan has a maturity of 15 years.
It has been eight months since Vistara has started operations in India. The full-service airline has faced multiple challenges in its run.
Bajaj Finance has received approval from the National Housing Bank (NHB) to set up a housing finance company, as a wholly owned subsidiary.
Ahead of the winter session of Parliament, the government appears to be hopeful of introducing the goods and services tax (GST) from the next financial year.
Sun Pharmaceutical Industries has sought shareholder approval to raise up to Rs 12,000 crore through convertible debentures or a qualified institutional placement (QIP). The funds raised will be used for expansion and acquisitions.
Learning from the 15-year stint of erstwhile TV ratings provider TAM India and drawing from the experience of the sector as a whole, the Broadcast Audience Research Council of India (BARC) has taken steps towards providing a transparent environment for
Lonza is a Swiss-based, 118-year-old company, which is among the world’s largest contract manufacturers catering to the bio-pharma sector. With $3.64 billion in sales in 2014, Lonza looks to invest further in India.