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Richard Borsuk

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  • Business

Indian factory activity expands at slower clip in August

Indian factory growth eased in August from July's 17-month record pace as new orders came in at a slower clip, a business survey showed on Monday. The HSBC Manufacturing Purchasing Managers' Index,......

RBI to lower ceiling on bank loans to a single corporate group

The Reserve Bank of India (RBI) plans to impose stricter limits on how much a bank can lend to a single corporate group, a move aimed at curbing risk in the banking sector at a time when bad loans......

Officials offer tough options to cut spending, deficit

The finance ministry is working on a proposal for the new government to cut welfare spending and rein in the deficit in its first budget, to allay fears of fiscal slippage that would increase the......

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