Business Standard

Top biz headlines: RBI on economic slowdown, Essel Infra-Adani deal & more

From the findings of RBI's annual report to government's plan to fast-track Make in India plan, here are the top business headlines for Friday


BS Web Team New Delhi
Slowdown cyclical, but deep reforms needed, says RBI

The slowdown in the Indian economy could be cyclical, with deep structural problems requiring urgent reforms, according to the Annual Report of the Reserve Bank of India (RBI), released on Thursday.

The macroeconomic environment remains “unsettled and financial markets are experiencing considerable flux” as the financial year 2019-20 progresses, the report said. Read more

A first in 10 years: Aditya Birla group slips into red as Voda Idea bleeds

For the first time in at least a decade, Aditya Birla group companies reported losses at the group level in

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First Published: Aug 30 2019 | 7:29 AM IST

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