Edition:
India

Suvashree Choudhury

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

20 Sep 2017

Asia firms' sentiment slips on geo-political tensions - Thomson Reuters/INSEAD

MUMBAI Business confidence among Asian companies fell for the first time in three quarters in July-September as escalating geo-political tensions outweighed an improved performance by most economies in the region, a Thomson Reuters/INSEAD survey showed.

20 Sep 2017

Asia firms' sentiment slips on geo-political tensions: Thomson Reuters/INSEAD survey

MUMBAI Business confidence among Asian companies fell for the first time in three quarters in July-September as escalating geo-political tensions outweighed an improved performance by most economies in the region, a Thomson Reuters/INSEAD survey showed.

15 Sep 2017

June quarter current account deficit widens to four-year high as imports surge

MUMBAI India's April-June current account deficit widened to its highest in four years as imports surged, but strong capital inflows comfortably financed the gap, data from the Reserve Bank of India showed on Friday.

13 Sep 2017

As India Inc struggles to cut down debt, the economy suffers

MUMBAI India's cash crunch and confusion over the introduction of a national sales tax were initially blamed for pulling economic growth down to its weakest pace in more than three years. But that is masking a more debilitating factor affecting the economy - corporate debt.

30 Aug 2017

RBI recovers almost all banned currency notes: report

MUMBAI/NEW DELHI Indians returned almost all of the estimated 15.4 trillion rupees ($242 billion) in high-currency bills removed from circulation in a shock move late last year, the Reserve Bank of India (RBI) said in its annual report out on Wednesday.

20 Aug 2017

India investigates after fourth big train accident in past year kills 23

NEW DELHI India began investigating on Sunday a train crash in which 23 people were killed, the fourth major accident over the past year on the world's fourth biggest rail network which is grappling with chronic under-investment and over-crowding. | Video

19 Aug 2017

India's central bank governor says state banks need more capital

MUMBAI State-run banks will need more capital to resolve bad loan problems weighing on their balance sheets, Reserve Bank of India Governor Urjit Patel said on Saturday, adding his voice to calls for increased capital injections into lenders.

10 Aug 2017

RBI may need to drain up to $22 billion as inflows add to excess liquidity

MUMBAI The Reserve Bank of India (RBI) will likely have to drain up to $22 billion in excess liquidity from the financial system as surging foreign investments forces the central bank to absorb the dollar inflows and sell rupees to cap gains in the local currency.

03 Aug 2017

RBI becomes first central bank in Asia to cut rates this year

MUMBAI The Reserve Bank of India on Wednesday used the room provided by slumping inflation to cut its main policy rate - the first easing by an Asian central bank this year - but it kept the market guessing on whether there's more space for trimming.

02 Aug 2017

Rupee hits over 2-yr high, foreign lenders sell dollars

MUMBAI The Indian rupee strengthened to its highest in more than two years amid heavy selling of dollars by foreign banks, with the central bank decision to cut interest rates having only a limited impact, according to traders.

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