Clara Ferreira Marques In Moscow

As Rajan tightens screws, banks can still disguise bad debts

ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.

India eyes bankruptcy reform to ease decades of gridlock

The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.

Despite setbacks, India's reforms story is not over

Local businesses are fretting over reform setbacks.

It's a tug of war in Parliament as India Inc pleads to push GST

Opposition politicians on Wednesday stalled a last minute attempt by Prime Minister Narendra Modi's government to pass the Goods and Service Tax bill.

India's tech start-ups embrace 'fail fast' culture

India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.

India's state banks ready for a big transformation

India's state banks are under pressure to improve profitability.

Some staff say Sahara has not paid salaries for months

Sahara told the top court this week it was considering other proposals to raise funds, including selling a luxury development outside Pune.

'Surprise rate cut by RBI is just a start but we need more'

Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.

Chechnya truck bomb kills at least 40 people