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India's fiscal deficit in H1 almost 83 pct of full-year target

NEW DELHI - India's fiscal deficit reached nearly 83 percent of its full-year target in the first half of the year, giving the government a tough job meeting its budget target even with help from a fall in global crude prices that will reduce the oil subsidy bill.

Recent Business News

Rupee closes higher on foreign inflows, bucks weak Asia peers

MUMBAI - The rupee shrugged off weakness in major Asian currencies to post a modest gain Friday on strong foreign inflows, reversing the depreciating trend of the last three days.

5:35pm IST

Gold, silver tumble to four-year lows on rocketing dollar

LONDON - Gold and silver slumped to their lowest since 2010 on Friday as the dollar and stock markets soared following a new round of quantitative easing by the Bank of Japan and data showing a robust U.S. economy.

Japan 7:54pm IST

Bonds post sharpest monthly gain in 1-1/2 years on rate cut hopes

MUMBAI - Indian government bonds posted their best monthly gain in 18 months on hopes easing inflation would allow the country's central bank to start trimming key policy rates earlier than expected.

5:30pm IST

Broad rally lifts Wall St to record as BoJ bumps up stimulus

NEW YORK - The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives.

Japan 10:01pm IST

Sept infrastructure output growth slows to 1.9 pct y/y

NEW DELHI - India's annual infrastructure output growth slowed to 1.9 percent in September, government data showed on Friday, hit by a fall in crude oil and gas production.

5:26pm IST

REUTERS SHOWCASE

Indian Economy

Indian Economy

India's fiscal deficit in H1 almost 83 pct of full-year target.  Full Article 

M&M Earnings

M&M Earnings

M&M Q2 net profit down 4 percent, hit by poor monsoon.  Full Article 

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage 

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