Edition:
India

Swati Bhat

India orders telcos to pay dues now, after top court threatens contempt

15 Feb 2020

NEW DELHI/MUMBAI The Indian government ordered mobile carriers on Friday to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling.

Economists eye silver lining in India's rising rural inflation numbers

13 Feb 2020

MUMBAI India's rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs - a revival in demand in the rural economy.

RBI holds rates steady, seeks to balance growth and inflation risks

06 Feb 2020

MUMBAI The Reserve Bank of India (RBI) kept rates steady and left the door open for more monetary easing on Thursday, as it sought to support faltering economic growth and avoid stoking already heightened inflation levels.

Exclusive: India may issue $5 billion of bonds with no foreign investment cap, sources say

04 Feb 2020

NEW DELHI/MUMBAI India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and attract more foreign funds, according to two finance ministry sources.

Exclusive: India may issue $5 billion of bonds next year with no foreign investment cap, sources say

04 Feb 2020

NEW DELHI/MUMBAI India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and attract more foreign funds, according to two finance ministry sources.

RBI seen holding rates, retaining dovish stance

03 Feb 2020

MUMBAI The Reserve Bank of India is likely to keep monetary policy accommodative without cutting interest rates at a policy meeting on Thursday, economists said, as inflation is above target and the economy has shown possible signs of recovery from its worst slowdown in more than a decade.

India bonds poised to rally as government skips further borrowing plans

02 Feb 2020

NEW DELHI Indian bonds look set to rally when markets open on Monday after the new budget projected fiscal deficits in line with expectations, without any further market borrowing during the current fiscal year.

UPDATE 2-Sri Lanka cenbank unexpectedly cuts key interest rates to support growth

30 Jan 2020

* Inflation seen below 5% in 2020 (Updates with analyst comment, details)

RBI may put rate cuts on extended pause after spike in inflation

14 Jan 2020

MUMBAI A spike in India's retail inflation in December has raised the chances the Reserve Bank of India (RBI) will put rate cuts on hold for some time despite economic growth languishing at more than six-year lows.

Indian bond yields surge on higher inflation, shares largely flat

14 Jan 2020

BENGALURU/MUMBAI, Jan 14 Indian bond yields rose sharply on Tuesday, while shares were little changed as hopes of a rate cut in February dimmed after data showed a higher-than-expected surge in inflation.

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