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International

Chris Thomas

India's largest stock exchange reopens after telecoms glitch

Feb 24 2021

MUMBAI A telecoms outage shut all trading on India's National Stock Exchange for nearly four hours on Wednesday before coming back up, leaving investors in the dark ahead of a monthly derivative contract expiry and forcing bourses to extend trading hours.

Indian retail investors dabble in stocks directly, ditching mutual funds

Feb 24 2021

India's retail investors are ditching mutual funds to put money directly into stock markets, lured by soaring share prices and lacklustre returns at mutual funds in recent years.

Indian shares perched at record highs, Reliance gains

Feb 09 2021

BENGALURU, Feb 9 Indian shares edged up to record highs on Tuesday, led by gains in IT stocks and conglomerate Reliance Industries, with strong corporate earnings carrying a post-budget rally into a seventh straight session.

India's largest lender cuts credit growth outlook on weak corporate lending

Feb 04 2021

MUMBAI India's largest lender, State Bank of India, cut its annual loan growth expectations on Thursday as corporate lending remained subdued, while a return to pre-pandemic levels of retail growth drove third-quarter profit well past estimates.

Over half in New Delhi may have had COVID, government survey suggests

Feb 02 2021

NEW DELHI More than half of New Delhi's 20 million inhabitants may have been infected with the coronavirus, according to a government serological survey whose findings echoed earlier private-sector research.

RPT-India shares surge as budget focuses on growth; bond yields rise

Feb 01 2021

BENGALURU, Feb 1 India's blue-chip Nifty 50 index on Monday recorded its best performance on a federal budget day in over two decades after the finance minister announced a slew of measures to revive the pandemic-hit economy, while bond yields jumped sharply on the government's plans to raise more funds from the market.

India shares surge as budget focuses on growth; bond yields rise

Feb 01 2021

BENGALURU India's blue-chip Nifty 50 index on Monday recorded its best performance on a budget day in over two decades after the finance minister announced a slew of measures to revive the pandemic-hit economy, while bond yields jumped sharply on the government's plans to raise more funds from the market.

India bond yields surge on additional borrowing, shares rise post budget

Feb 01 2021

BENGALURU, Feb 1 Indian bond yields jumped sharply on Monday after the government, in its annual budget presentation, announced plans to raise additional funds from the market over the next two months to bridge a deficit, even as shares rose on promises of reviving economic growth.

Indian shares surge, bond yields rise as budget targets growth

Feb 01 2021

BENGALURU, Feb 1 Indian shares jumped more than 3% on Monday as Finance Minister Nirmala Sitharaman announced a slew of measures to revive the pandemic-hit economy, while bond yields rose after the government warned that fiscal deficit for 2020/2021 will be wider than expected.

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