MUMBAI A month into the job, India's new central bank governor will on Monday and Tuesday chair his maiden policy review, which for the first time will see a committee set interest rates, though views are divided on whether there will be any change this time round.
Troubles at Deutsche
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LONDON Jaguar Land Rover will "realign its thinking" on investment after Britain's vote to leave the EU and if Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain's biggest carmaker said.
MUMBAI India's end-June external debt was at $479.7 billion, down $5.4 billion from end-March, largely driven by lower offshore borrowings by companies, the Reserve Bank of India (RBI) said on Friday.
NEW DELHI Oil and Natural Gas Corporation will invest 340.12 billion rupees ($5.11 billion) in four years to develop cluster 2 of east coast deepwater block, the company said in a tweet on Friday.
LONDON A fresh slump in Deutsche Bank's share price sent European markets into a tailspin on Friday and left world stocks sliding toward their worst week in three months.
NEW YORK Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday.