India

India's car sales to accelerate by 9.1% by end 2019

The results of the elections and consequent economic reforms are helping the market recover.

India's car sales to accelerate by 9.1% by end 2019

The results of the elections and consequent economic reforms are helping the market recover.

India's construction industry growth to slow to 6.7% in 2019

Project delays result in cost overruns, with multi-state projects being hit the hardest.

India's budget allocation for healthcare rises 13.6% to US$8.9b in 2019

The government has been laying out schemes to support lower classes’ healthcare spending.

India's booming e-commerce market to be worth US$200b by 2026: report

Electronics & Accessories purchases occupies nearly half of the country’s e-commerce sales.

India's fintech investment fall 30.1% YTD at US$1.59b

Telco One97 Communications bagged the largest deal at US$365m.

India to close a third of overseas public sector bank branches

Around 70 foreign branches may be shuttered by end 2018.

Indian banks hammered by rising credit costs amidst portfolio cleanup

Credit costs rose from 2.5% to 4.3% of loans on average at state banks.

India's massive bailout fails to buoy banks out of earnings rut

Little will be left for lending from the government’s $32b capital injection.

Bad loans bog down Indian state banks with $1.4b loss in Q4

The banking sector is saddled with a massive $210b in problematic loans.

India's private banks profit from demonetisation drive

The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.

India services PMI surges to 50.7 in September

Thanks to stronger demand and marketing campaigns.

India's provisional inflation rate up 1.9% in July

Index growths among all commodity groups turned positive.

India's industrial production growth slips 0.1% in June

It’s the fourth consecutive month of slowdown.

India's incentives for digital payment to benefit banks

Reduction in cost to income ratio over time is expected.

India's fuel demand to benefit refiners: Fitch

E&P, however, is expected to stay weak.