Suvashree Choudhury And Manoj Kumar

Next RBI chief faces balancing act on bank clean-up

As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal

Raghuram Rajan was 'forced to quit'

Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.

India's trade deficit widens to three-month high in May

Imports dropped 13.16 per cent year-on-year

India's cash-rich firms may deepen govt bond market, but spur volatility

As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.

India to crack down on savings scams as Modi backs banking for all

India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.

India eyes oil-for-drugs deal with Venezuela to recoup pharma cash

Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency

India to take on defaulters as parliament approves bankruptcy bill

The insolvency and bankruptcy code will strengthen the hands of lenders to recover outstanding debts by setting a deadline of 180 days for companies to pay or face liquidation

RBI to get rates panel in policy shift

Three members will be representatives from the government, and three from the RBI.

Lok Sabha backs bankruptcy code, key to debt cleanup

March infrastructure output grows fastest in 16 months

Infrastructure accounts for nearly 38 per cent of India's industrial output

Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors

Retail inflation hits six-month low in March

Retail inflation has eased from double digits in 2013.

RBI's new mission: Getting lenders to pass on its rate cuts

After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.

India eyes loans from China-led Asian Investment Bank

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.

RBI pores over Budget, worries on fiscal math

Three policymakers aware of the central bank's deliberations on the Budget said they are combing through the numbers to test how Jaitley struck a balance, and question some of the assumptions.

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

A strong showing will be vital to Narendra Modi's chances of a second term.

Modi euphoria cools, now it's tough to retain foreign investors

Markets hope the Budget will steer spending towards infrastructure.

Here's how Prabhu plans to cut costs, generate revenue

'We need to look beyond the current approach'.

Railway Budget: More public cash eyed as turnaround remains elusive

A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.

Mission incomplete: Rajan's plan to transform RBI into a modern bank

RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.