Bank strike may hit trading volumes on Nov 12

Dealers are bracing for low volumes across all markets in India on Wednesday as unions at most banks have called for a nationwide strike that is expected to leave trading rooms with minimal......

No looking back: India all set for growth amid shrinking deficit

India's economy will grow at a rate of more than 8 percent in the 2015/16 fiscal year, while consumer inflation will drop to between 5 and 5.5 percent, a government economic report said on......

Rupee rallies as BJP leads in exit polls

The rupee rose to a five-week high against the dollar and stocks jumped to near record highs on Thursday as exit polls predicted a strong showing for the key opposition party in recent state......

Budget DISAPPOINTS, confuses foreign investors

India's budget disappointed foreign investors on Thursday by failing to deliver a much anticipated cut in withholding taxes for debt investments and creating confusion with a proposal that appeared......