Real estate investment, a major growth driver for the world's second-largest economy, quickened in June. It rose 10.1% from a year earlier, accelerating from a 9.5% gain in May but still slower than in April

In 2019-20, CMIE projects the paper output to drop further by 4.8 per cent to touch a new record-low level of 6.6 million tonnes

With no sign Sino-U.S. trade tensions will let up and fears of an Italy-European Union confrontation growing again, the global bond rally accelerated on Wednesday, as investors dumped shares and scurried for the safety of German and U.S. government debt.

The BJP will need to tackle a host of issues ranging from unemployment to weak economic growth

According to CARE Ratings, if the Venezuela situation is not resolved by the time the Iran oil sanction waivers are lifted, it could push up oil prices to $70 bbl by May 2019. That's bad news for India, the world's third largest oil importer.

The focus should be on reform as the biggest stress remains in agriculture, power and banking.

The dip in crude oil prices will ease the pressure on inflation and current account deficit.

Due to the structural oversupply that has emerged in the market from record production by many countries, Morgan Stanley said that OPEC cuts are inherently temporary.

In an unexpected move, the Monetary Policy Committee of Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 6.5 per cent. The MPC changed the stance from 'neutral' to 'calibrated tightening'

India had the second highest debt, after Brazil, in the Emerging Market and Middle-Income Economies category. But the figure is projected to steadily go down here on, from 68.9 per cent this year to 61.4 per cent by 2023.

Metal stocks too contributed to the rally with BSE metal index rising 420 points  to 15,578 level on BSE. The BSE consumer durables and capital goods index rose 578 points and 408 points, respectively.

The 30-share BSE Sensex rallied 387.14 points or 1.17 percent to 33,600.27 and the 50-share NSE Nifty rose 105.20 points or 1.02 percent to 10,440.50, after hitting an intraday record highs of 33,651.52 and 10,451.65, respectively. Market breadth was positive with 1,516 stocks closing higher against 1,274 stocks ending lower on the BSE.

The Reserve Bank of India (RBI) on Wednesday reduced the policy repo rate by 25 basis points in its third bi-monthly monetary policy review of 2017-18. The current repo rate now stands at 6 per cent.

Now, the repo rate stands at 6 per cent, the lowest since November 2010. The reverse repo rate has been lowered to 5.75 percent.

The six-member Monetary Policy Committee (MPC) led by governor Urjit Patel began a two-day meet on Tuesday to deliberate on the bank's stance on key rates.

The slowdown in wholesale inflation comes against the backdrop of retail inflation easing to a record low of 1.54 per cent in June.