Posts From Rajesh Sharma

India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China may restrain that growth, a Reuters poll of economists showed. The recent tit-for-tat import tariffs imposed

THE population of Uttar Pradesh is over 220m, enough to make the northern Indian state the world’s fifth-most populous country. But statistics still used by bureaucrats in New Delhi put it at less than 85m. Antiquated census data are used

India’s retail inflation eased to a five-month low in March, but remained above the Reserve Bank of India’s medium-term target, supporting views that monetary policy is likely to remain unchanged at the next review in early June. The RBI, which

Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd’s hospital business by about a fifth in an attempt to win over minority shareholders opposed to the deal. The new offer values Fortis’ hospital business about

MUMBAI (Reuters) – The impending exit of Axis Bank’s long-serving CEO will allow it to mend relations with regulators and investors, some analysts said, helping shares of the third-biggest private sector Indian lender rise more than 4 percent on Tuesday.

MUMBAI (Reuters) – The Reserve Bank of India kept its policy rates on hold on Thursday and retained its “neutral” stance but lowered its inflation call, reducing the odds of a near-term rate rise and spurring a rally in stocks

 The Reserve Bank of India kept its policy rates on hold for the fourth straight meeting on Thursday and retained its “neutral” stance even as inflationary pressures have eased more than expected. The RBI kept its policy repo rate unchanged

The Reserve Bank of India is expected to keep interest rates on hold on Thursday for the fourth straight meeting but maintain a cautious tone despite a sharper-than-expected pullback in inflation in the last few months. The Monetary Policy Committee

The Reserve Bank of India (RBI) has dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began on April 1, in the latest setback for the country’s

TRADITIONALLY, to count as an oil power a country had to be a big producer of the black stuff. China is the world’s biggest importer but still wants to break into that exclusive club. On March 26th it launched a