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Manoj Kumar

Key Jet Airways lender SBI says bankruptcy 'last option', rescue almost ready

Mar 20 2019

NEW DELHI Bankruptcy is the "last option" for Jet Airways, State Bank of India's (SBI) chairman said on Wednesday, adding that it might still be possible to draft in a new investor to keep the airline flying.

Indian traders burn Chinese goods in protest over blacklisting veto, trade

Mar 19 2019

NEW DELHI Hundreds of Indian traders burned Chinese goods on Tuesday and urged the government to raise import taxes on them to protest against China's trade and foreign policies.

Congress party promises to spend more on health if voted back

Mar 15 2019

NEW DELHI India's main opposition Congress party said on Friday it would more than double healthcare spending in five years if voted back to power, adding to a growing list of promises to try to woo voters away from Prime Minister Narendra Modi's ruling party.

India's main opposition promises to spend more on health if voted back

Mar 15 2019

NEW DELHI, March 15 India's main opposition Congress party said on Friday it would more than double healthcare spending in five years if voted back to power, adding to a growing list of promises to try to woo voters away from Prime Minister Narendra Modi's ruling party.

Indian statistics undermined by political interference, academics say

Mar 15 2019

MUMBAI/NEW DELHI More than 100 economists and social scientists have alleged that the Indian government is interfering with the country's statistics-gathering agencies, putting their work "under a cloud".

India's February inflation picks up slightly, but April rate cut still seen

Mar 12 2019

NEW DELHI India's consumer prices rose at a faster pace than anticipated in February, and remained below the Reserve Bank of India's target for a seventh straight month, lending weight to expectations that the bank could again cut the key interest rate in April.

India's February jobless rate climbed to 7.2 percent: CMIE

Mar 05 2019

NEW DELHI The unemployment rate in India rose to 7.2 percent in February 2019, the highest since September 2016, and up from 5.9 percent in February 2018, according to data compiled by the Centre for Monitoring Indian Economy (CMIE) that was released on Tuesday.

India's February jobless rate climbed to 7.2 percent - CMIE

Mar 05 2019

NEW DELHI, March 5 The unemployment rate in India rose to 7.2 percent in February 2019, the highest since September 2016, and up from 5.9 percent in February 2018, according to data compiled by the Centre for Monitoring Indian Economy (CMIE) that was released on Tuesday.

Exclusive: India needs land, labor reform to aid manufacturing - chief economic adviser

Mar 04 2019

NEW DELHI India's next government will have to bring in land, labor and financial sector reforms to improve the productivity of the manufacturing sector and boost economic growth, India's chief economic adviser said.

India's growth may decelerate further despite election spending

Mar 01 2019

NEW DELHI/MUMBAI Billions of dollars of pre-election spending by the Indian government and political parties in the next two months is unlikely to stop the nation's economy from slowing further, economists said.

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