What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...

Reserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the ru...

The dominant National Democratic Alliance constituent at the Centre has registered its maiden victory in West Bengal, retained Assam and Pu...

India faces inflation risks from severe heat waves and predicted below-normal monsoon rains, exacerbating existing economic pressures from ...

Asia's markets are split: South and Southeast Asia grapple with rising oil prices impacting trade and stocks, while North Asia's tech giant...

India's gross domestic product (GDP) data indicated that while domestic demand improved in the June quarter, growth was much slower in the ...

The Nomura India Business Resumption Index (NIBRI) jumped to 91.3 for the week ended July 4, from 86.3 in the previous week, the firm said ...

Inflation in India has picked up in the near term because of certain supply side shocks.

India is also in favourable position to attract foreign companies planning to relocate.

Overall, there is a positive growth impulse, but more consumption- oriented, says Sonal Varma, Nomura

The rise has been despite the central government increasing allocation from central taxes to state governments to 42% from 32% in the last ...

Nomura expects India’s economic growth to improve to 7.8 per cent in fiscal year ending March 2017 up from 7.6 per cent in March 2016.

"We are expecting only 50 bps increase in the Fed funds rate in the calendar year 2016, after 25 bps liftoff in December."

A rising number of upgrades compared with downgrades so far in 2015 could mean a gradual improvement in the business cycle.

"As per the new GDP numbers, the actual value addition in the economy was already growing — or is expected to grow at 7.5% — this year."

April-June quarter IIP numbers have been much stronger than what we had anticipated. So, the GDP numbers may show a growth of about 5.9%.

Obviously, the RBI is likely to continue to intervene to build its reserves, but the bias still will be towards an appreciation in the rupe...