India Infoline

Indian Stocks Hit Record, Break 10,000 Barrier

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India’s stock markets hit record highs on Tuesday with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000 point mark for the first time as traders take heart from economic reforms. The Nifty, which consists of 50 of India’s top companies across more than a dozen sectors, rose 0.45 percent, or 44.90 points, … Read more

India’s Annual Growth Slows To 7.1%

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India’s growth slowed to 7.1 percent last year, according to official data released Wednesday, weaker than analysts expected but still the fastest rate of any major economy. GDP growth for the 12 months ended March 31 was well below a revised figure of eight percent for the previous year, and follows the government’s shock move … Read more