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India's Berger Paints posts quarterly profit jump on strong demand
Berger Paints India reported a 28.5% rise in first-quarter profit on Wednesday on strong demand in its automotive and decorative segments.
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Explainer: Why has India's new closing price system for stocks spooked traders?
India's benchmark Nifty 50 has swung sharply following the launch of a new method for calculating closing prices for stocks with derivatives contracts.
India
India's forex reserves hit three-month peak, see biggest weekly rise in six months
India's foreign exchange reserves rose to a near three-month high of $692.9 billion as of July 31, data from the Reserve Bank of India showed on Wednesday.
India
India's markets regulator unlikely to immediately review new stock closing auction, source says
India's markets regulator sees no flaws in the structure or design of the new stock closing auction and is unlikely to immediately review it, a source with direct knowledge of th...
India
India's July services sector growth slides to over four-year low as demand wilts, PMI shows
Growth in India's dominant services sector slumped to its weakest pace in over four years in July as demand was weighed down by fierce competition and fading client appetite, a s...
India
VIEW India's central bank holds rates as expected
The Reserve Bank of India kept its policy repo rate unchanged at 5.25% on Wednesday, as it awaits data to judge if higher oil prices are stoking inflationary pressures across Asia'...
India
India's central bank holds rates, awaits clearer inflation signal before acting
The Reserve Bank of India left its benchmark repo rate INREPO=ECI unchanged at 5.25% on Wednesday, as policymakers await clearer evidence on whether rising oil prices are fuelling...
India
Foreign inflows unlikely to lift Indian rupee significantly in coming months - Reuters poll
The Indian rupee will trade in a narrow range over the next few months and recover only slightly against the U.S. dollar despite a recent pickup in foreign capital inflows, accord...
India
Rupee sails past 95 to one-month high, premiums drop before RBI decision
The Indian rupee rose to its highest level in a month on Wednesday, buoyed by lower oil prices and a weaker dollar, while forward premiums dropped ahead of the Reserve Bank of In...
India
India's Nifty flat, Sensex holds gains after RBI rate pause
India's Nifty 50 traded largely unchanged while the Sensex rose on Wednesday after the central bank held rates, as it awaited more data to assess the impact of elevated oil price...
India
Gold extends gains on lower oil and softer dollar
Gold rose for a third straight session on Wednesday, helped by a softer dollar and lower oil prices, while investors awaited U.S. jobs data for clues on the interest-rate outlook.
India
India's Milky Mist cuts IPO size after Temasek deals, launch next week
India's Milky Mist Dairy Food said on Tuesday it cut the size of its initial public offering to 15.53 billion rupees ($162.8 million) after pre-listing deals to sell a stake to a...
India
India's United Breweries posts lower quarterly profit as rising costs offset higher sales
India's United Breweries on Tuesday reported a fall in first-quarter profit, as high raw material costs and stiff competition eroded the benefits of seasonal demand.
India
India opens probe after Air India Airbus jet suffers sudden altitude loss
Indian authorities have opened an investigation into an Air India Airbus A320neo aircraft after it experienced a "momentary altitude variation" during its flight, the government ...
India
India's PNB Housing posts profit rise on credit demand; margins slip
India's PNB Housing Finance posted a 4.5% rise in first-quarter profit on Tuesday, helped by strong credit demand, even as its lending margins declined.
India
India markets regulator proposes depository receipts against REITs, InvITs units
India's markets regulator on Tuesday proposed allowing depository receipts to be issued against units of real estate investment trusts (REITs) and infrastructure investment trust...
India
India's Gen Z cockroach party resists lure of election after rattling Modi
India's Gen-Z Cockroach Janta Party, whose recent protest against exam paper leaks claimed a rare ministerial scalp, has no immediate plans to enter electoral politics, its founder...
India
FUNDVIEW Mirae Asset favours Indian corporate bonds over government debt on yield pickup
The Indian arm of South Korea's Mirae Asset Investment Managers is backing local short-term corporate bonds, pulled in by the excess return they offer over government debt and exp...
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