Economy News

Interview - RBI to retain powers to regulate government bonds - Sinha

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NEW DELHI - India will not take away the Reserve Bank of India's (RBI) power to regulate trade in government bonds even as it prepares to remove the central bank's responsibility for managing public debt, the junior finance minister told Reuters in an interview.

India to continue with coal block auctions - official

MUMBAI - The government will continue the process of auctioning coal blocks after successfully putting 33 mines under the hammer earlier this year, a senior government official said on Tuesday.

Top News, 4:21pm IST

Tsipras presses for May debt deal, says referendum possible

ATHENS - Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks, after shaking up his negotiating team and sidelining his finance minister who has infuriated euro zone partners.

4:50pm IST

More central banks meet, but ability to pilot economies in doubt

LONDON - Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.

26 Apr 2015

Greek PM says working hard for deal but disagreements remain

ATHENS - Greek Prime Minister Alexis Tsipras said his government was working hard to reach an interim deal with EU and IMF lenders to unlock aid but that the two sides still disagreed on issues like labour reform and a proposed value-added tax hike.

World, IMF 3:08am IST

UK growth slowdown to put economy back in election spotlight

LONDON - Britain's economy slowed in the first three months of this year, data is likely to show on Tuesday, potentially dealing a setback to Prime Minister David Cameron who has staked his re-election bid on the strength of the recovery.

4:35am IST

Isolated in debt talks, Greek finance rebel gets the cold shoulder

RIGA - As the buses carrying European finance ministers left for a gala dinner in the Latvian capital on Friday night, one of the party hung back at the hotel and then wandered off alone into the dusk.

25 Apr 2015

RBI to cut rates next month and once more by year-end - Reuters poll

BENGALURU - The RBI is likely to cut interest rates again next month, with analysts polled by Reuters forecasting a strong probability that will act ahead of scheduled policy meetings, as it has done so far this year.

Top News, 24 Apr 2015

Japan March retail sales fall 9.7 percent year-on-year; misses consensus

TOKYO - Japanese retail sales fell 9.7 percent in March compared with the same month last year, when sales had surged the most in 17 years ahead of a consumption-tax increase, government data showed on Tuesday.

Japan 6:01am IST

Euro zone warns Greece no cash till full reform deal

RIGA - Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy.

24 Apr 2015

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Nikkei 20,058.95 + 75.63 +0.38%
Hang Seng 28,442.75 + 9.16 +0.03%
Sensex 27,396.38 + 219.39 +0.81%
EUR/INR 69.157 +0.30%
USD/INR 63.035 -0.46%
GBP/INR 96.593 +0.11%
Gold 1,205.30 +2.00 +0.17%
Oil 57.02 +0.03 +0.05%
Corn 361.75 +1.00 +0.28%
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India confident on inflation even with sub-par monsoon - Sinha

NEW DELHI - India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon rains this summer are borne out, junior finance minister Jayant Sinha told Reuters in an interview.

REUTERS SHOWCASE

Junior finance minister Jayant Sinha

Sinha Interview

RBI to retain powers to regulate govt bonds - Jayant Sinha  Full Article 

Bharti Results

Bharti Results

Bharti Airtel Q4 profit up 30.5 percent, lags forecast  Full Article 

Idea Results

Idea Results

Q4 profit jumps 60 percent  Full Article | Full Coverage 

Coal Block Auctions

Coal Block Auctions

India to continue with coal block auctions - official  Full Article 

Thirst for M&A

Thirst for M&A

Sun Pharma may spend up to $7 billion on M&A - bankers   Full Article 

End of Reign

End of Reign

Templeton fund ends reign in Asia as top picks falter  Full Article 

Drug Recall

Drug Recall

Wockhardt to recall some drugs made in India after U.S. FDA concerns  Full Article 

StanChart Results

StanChart Results

"We're looking" at HQ issues, Standard Chartered says  Full Article 

Tata Steel UK

Tata Steel UK

UK unions give Tata Steel notice of industrial action ballot  Full Article 

Reuters India Mobile

Reuters India Mobile

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