September quarter GDP growth may sink to 4.7% on weak demand: Poll
India's economy probably expanded at its weakest pace in more than six years in the quarter to September, a Reuters poll showed, as consumer demand and private investment weakened further and a global slowdown hit exports. Read more
Govt wants RBI to take over stressed assets of shadow banks: Report
Finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country's top 25 shadow lenders, a government source told reporters. Read more