Economy

The RBI monetary policy committee cut benchmark rates by 25bps on 4 Oct 2019, taking the repo rate to 5.15%.  The cut was as crucial as the forward guidance, both of which reinforced the MPC’s dovish stance, says Radhika Rao, Senior...

The repo rate cut of 25 bps to 5.15% announced on 4 Oct 201 is in line with expectations and can probably go some way in improving consumer sentiments ahead of the festive season, which is a crucial quarter for...

Eric J Holcomb, Governor of State of Indiana, has stressed upon the need to further strengthen the existing India-US trade relations.

Foreign owned assets in India increased by US$35 billion, mainly on account of an increase in foreign direct investment (US$18.1 billion), portfolio investment (US$6.8 billion) and loans (US$5.9 billion), said the Reserve Bank of India in a April-June 2019 quarterly...

The Competition Commission of India (CCI) has approved on 1 Oct 2019 the acquisition of shareholing in GMR Airports Limited (GAL) by Tata Group and Singapore investors.

S&P Global Ratings today affirmed its 'BBB-' long-term issuer credit rating on Indian Railway Finance Corp (IRFC), saying the stable outlook on IRFC mirrors the outlook on the India sovereign credit rating (BBB-/Stable/A-3).

India and China had in-depth exchange of views on macroeconomic situation and policy, cooperation in multilateral framework, bilateral investment and financial cooperation on 25 Sept 2019.

India has agreed to give an early consideration and mutually beneficial solution to the issue of tax treatment in a way that could facilitate Abu Dhabi Investment Authority’s (ADIA) investments in the country.

Eros Now has formed a collaboration with Microsoft to build a next generation online video platform on Microsoft Azure targeted at its consumers across the globe.

New foreign companies will be attracted to the coal sector following the latest liberalization of investment processes, expects Nangia & Co LLP which offers a diverse range of Taxation, Transaction Advisory and Business Consulting services.