Posts Tagged ‘Narendra Modi’

India’s reform story intact despite election headwinds

By TAN WEI YINE / Pic By BLOOMBERG
India’s third-quarter (3Q) GDP growth for financial year 2018-2019 (FY18/19) came in at 6.6%. The Ministry of ...

Sell-off roils India stocks on growth concerns

MUMBAI • A global stocks sell-off that started in the US last Friday has extended to Indian equities. US futures signalled further declines after a range ...

Bank with worst India bad debt to sell RM6b of loans

MUMBAI • IDBI Bank Ltd, the lender with India’s worst bad-loan ratio, is seeking to curtail its soured debt by selling 100 billion rupees (RM5.71 billion) ...

India announces poll dates as Modi fights to remain

Counting will take place on May 23 and results are likely to be announced that day
By BLOOMBERG NEW DELHI • India will hold elections ...

Modi and Imran bask after ‘good’ Kashmir crisis

NEW DELHI • As tempers cool after an alarming confrontation between India and Pakistan, analysts said their leaders have emerged stronger — with Narendra ...

Sensex extends losing streak to 9 days

MUMBAI • Indian equities declined over concerns that India may escalate its response to a deadly attack on its armed forces last week, while uncertainty ...

Modi gets RM16.3b cash from RBI before polls

MUMBAI • India’s central bank will consider an early transfer of a part of its profit to the government, which is desperate for cash to fund populist ...

Modi’s record debt sales before polls to pressure Indian bonds

MUMBAI • After posting the best quarter in four years, Indian bonds are pitted against a familiar foe: Likely record debt sales by the government to ...

Tata Power sees retail growth

By BLOOMBERG
NEW DELHI • India’s plan to provide round-the-clock electricity is likely to open the door for more private investment in the mostly state ...

India mulls RM40b spending to pay farmers

To ease their burden, Modi’s govt plans to combine all farm subsidies, and instead pay farmers cash
NEW DELHI • India is considering a plan to transfer ...

India surprises by reversing debt revamp stance

By BLOOMBERG
MUMBAI • India’s central bank will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy ...

Modi misses power goal as 1m Indian homes still in the dark

By BLOOMBERG
NEW DELHI • Indian Prime Minister Narendra Modi’s government missed a self-imposed target to electrify every home, delaying the ...