People walk past the Reserve Bank of India (RBI) building in New Delhi, India. Picture taken March 2, 2016. REUTERS/Anindito Mukherjee A proposal by India’s central bank to set up new private or state companies that would buy up bad debt from lenders was met w... More »
The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bimonthly monetary policy review in Mumbai, India December 7, 2016. REUTERS/Danish Siddiqui/File Photo Denny Jose, a small-town caterer in the southern Indian state ... More »
By Douglas Busvine and Nidhi Verma | NEW DELHI NEW DELHI Indian Prime Minister Narendra Modi took aim at supporters of “terrorism” in his Independence Day speech on Monday, ratcheting up criticism of Pakistan while avoiding direct mention of month-long protest... More »
MUMBAI India’s central bank cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest. The Reserve ... More »
