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Economy

ADB cuts India’s growth outlook for 2019 as global risks mount

India’s GDP will probably rise 7.2% this year, down from December forecast of 7.6%, according to ADB’s latest Asian Development Outlook report.

What’s next for Indian stocks after posting world’s biggest rally in March

Investors will have to watch out for Lok Sabha election results, corporate profits, US-China trade talks & big moves in oil prices.

SC ruling on bad loans is a bounty for 70 tycoons with $55 billion outstanding debt

SC order striking down RBI circular will give tycoons more room to negotiate loan repayments with lenders even after payments become overdue.

Modi looks to RBI to boost economy before elections

RBI’s new governor Shaktikanta Das is seen more amenable to Modi govt’s wish to keep policy loose and push growth.

India’s first real-estate investment trust makes an impressive trading debut

Blackstone Group LP-backed Embassy Office Parks, rose on its trading debut, in a vote of confidence for a potential new funding avenue for the nation’s cash-strapped developers.

Sensex soars to record high after concerns on growth abate

The RBI is expected to cut interest rates for a second time this year in a policy meeting scheduled for later this week.

Traders can’t boycott cheap Made in China products because very little is made in India

Gurugram shopkeepers are all for a boycott call issued by traders’ body after China's UN move on Masood Azhar, but say customers want Chinese goods because of low prices.

Former Tata executives launch fund to push change at smaller companies

Ex-Tata employees including Mukund Rajan & Govind Sankaranarayanan have partnered with Ajit Dayal to help improve corporate governance at smaller firms.

Airlines responsible for their own financial performance, govt can’t interfere: Suresh Prabhu

Prabhu said that airlines prepare their own business plan on the basis of their own market assessment and financial resources.

Resurgent India bulls look to RBI to keep market rally going

RBI will lower benchmark repurchase rate by 25 basis points to 6% on 4 April, according to median estimate in a Bloomberg survey.

On Camera

Mamata’s ‘outside support’ push has many meanings. Does she want INDIA to pick TMC over Left?

TMC should worry about minority voters and how they view her ‘outside support’. Minorities are with the TMC but they have also watched Rahul Gandhi march across the country.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

What’s common between Netflix Chamkila and Trudeau’s trouble-infested Canada? They don’t get Punjab

Even in the weeks leading up to Chamkila’s assassination there were massacres every other day. To airbrush all of this is sheer intellectual cowardice if not a crime.