Suvashree Dey Choudhury, Douglas Busvine, Rajesh Kumar Singh, Devidutta Tripathy And Rafael Nam

India seen pressing ahead with bank clean-up despite Rajan's exit

Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans, but the general direction will remain the same

Decision on new RBI governor soon: FinMin

Finance Minister Arun Jaitley said in a Twitter post that the government appreciated all of Rajan's good work and respected his decision

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

Imports dropped 13.16 per cent year-on-year

Scope to cut rates if inflation heads to 5%: Rajan

Rajan said the central bank has used up all its "space available" to cut interest rates

If Rajan does go, it would not be the end of the world

A two-year extension at the helm of the RBI still looks a real possibility

Media report on Rajan's 2nd term gives rupee the jitters

Anandabazar Patrika reported that Rajan would prefer to go back to the United States after his three-year term expires in early September

RBI chief Rajan wins over Modi despite broad mistrust

The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.

India looking at 'significant' stressed-assets fund: Jayant Sinha

Lenders have reported a surge in their bad loans in the six months to March after an asset quality review ordered by the central bank.

Westinghouse to get new site for Indian nuclear plant

The six AP-1000 reactors would be built in Andhra Pradesh.

India set to retain fastest growing economy tag

India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter

After benefits of cheap oil, India counts cost of reduced Gulf remittances

The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows

Why it's time India's state banks opt for mega mergers

Mergers to create at most six state banks

Some foreign investors target NSE in rare shareholder backlash

The funds, some of which have invested in the NSE for almost a decade, want the exchange to list as soon as possible so that they can exit and pay back investors in their funds

Faster fiscal consolidation key for India ratings upgrade: Moody's

The ratings agency currently rates India at Baa3

RBI plans to tighten rules for large corporate borrowers

Indian banks would have to make higher provisions for lending to large corporate borrowers above a certain level from next financial year, according to proposals published by the Reserve Bank of India (RBI) on Thursday.

India's bad loans could be more than New Zealand's $170 bn economy

State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts

India's retail inflation snaps easing trend, interest rates seen on hold

Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.

India's new Mauritius treaty signals end of shopping for tax havens

Mauritius and Singapore account for the bulk of the $278 billion in foreign equity investments since 2000

India seen to crack down on tax havens like Mauritius: Analysts

Now, funds from Mauritius interested in India will have to weigh paying capital gains taxes that could range from zero to as much as 20 per cent

India to gradually move to gas-based economy: Pradhan