India's economic growth is estimated to slow down to 5 per cent during 2019-20 and the government expects the GDP to rebound to over 6 per cent in the next financial year

India, Germany and Japan would continue to battle for the position of third-largest economy over the next 15 years, the CEBR report stated

Fitch said growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year

Moody's slashes India GDP forecast to 4.9% for FY20 citing weak consumptionGlobal ratings agency Moody's Investors Service on Monday lowered India's gross domestic product growth projection for the fiscal year 2019-20 to 4.9 per cent from 5.8 per cent, citing weak household consumption. Moody's said that India's weak household consumption will curb economic growth and weigh on the credit quality of Indian issuers in a range of sectors.Reliance Industries ends IOC's 10-year rei...

Share Market Update: Sensex rose to its lifetime high of 41,401 in Tuesday's trade, NSE Nifty cliamed a all-time high of 12,182 today

Lt Gen Manoj Mukund Naravane will succeed Army Chief General Bipin Rawat, who is due to retire on December 31 after a three-year stint

In the first of this current financial year, consumption of refined copper grew 8.8 per cent against a fall of 2.7 per cent in the corresponding period last fiscal. The domestic copper demand was thus met through imports

At a board meeting on Tuesday, YES Bank is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising

India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter

The poor performance is largely on the back of the steep decline in vehicle industry where production was down by over 13 per cent in the April-September period this financial year

Moody's cited stressed assets and low loss-absorbing buffers against those assets for the downgrade, which may add pressure to its funding and liquidity

Amid market-wide selloff, shares of YES Bank resumed selling streak on Thursday with shares falling as much as 3.56 per cent to touch an intraday low of Rs 60.80 as investors remained unconvinced over the bank's fund raising plans

In line with benchmark indices, SBI share price declined as much as 2.84 per cent to touch an intraday low of Rs 309.25 apiece on the BSE after opening tad lower at Rs 317.45 against previous close level of Rs 318.30

The negative forecast came at a time when the international rating agency Moody's has revised down the outlook on the sovereign rating to negative from positive citing the many gathering storms around the economy

The SBI report has also cut GDP forecast for FY20 to 5 per cent from 6.1 per cent earlier, but expects growth rate to pick up pace in FY21 to 6.2 per cent

Moody's, which has already slapped downgrade warnings on Britain, South Africa, India, Mexico, Turkey and Hong Kong, said there were three main drivers behind the move

NTPC Q2 results: For the quarter under review, tax expenses were down 17.4 per cent YoY at Rs 1,130 crore, aided by cut in corporate tax rate by the government

A quarter of SBI's home loan customers in terms of the total home loan portfolio of Rs 3.72 lakh crore has clung to the old 'base rate' regime that charges higher interest rate

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Moody's said if India's sovereign rating is downgraded to Baa3 from Baa2, the agency will downgrade the ratings of these companies accordingly