Thu, May 26, 2016
Terming a sharp slowdown in China as a "significant risk" for the global economy and the SAARC region, in particular, Governor Raghuram Rajan on Thursday said RBI has been moderating any extreme currency volatility through its intervention.
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Thu, May 12, 2016
India`s bad-loans problem looks much worse than lenders have been willing to acknowledge, heaping pressure on banks` profits and further tightening the screws on distressed debt that could be bigger than New Zealand`s $170 billion economy.
Shares also recovered from falls on Wednesday as investors concluded that India`s amendment of a tax treaty with Mauritius would be manageable for markets given capital gains would be taxed only for future investments.
Tue, May 10, 2016
The bill is a watershed reform that will structurally strengthen the identification and resolution of insolvencies in India, Crisil said.
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