ADB raises India's FY22 GDP forecast to 11%

The Asian Development Bank (ADB) said that India’s GDP will rebound strongly by 11% in 2021-22 due to continued economic recovery boosted by increased public investment, vaccine rollout, and a surge in domestic demand. But it also cautioned...

Tatas get CCI nod for $1.2bn Bigbasket buy

The Competition Commission of India (CCI) cleared Tata Digital’s acquisition of a majority stake in Bigbasket without conditions. Tata Digital’s interest in Bigbasket first became public last October. The acquisition of a 64.3% stake in Bigbasket...

Union minister Nitin Gadkari has suggested Tesla to start its manufacturing facility in India so that it “doesn’t miss a golden opportunity”. Sources said the minister has told the company not to “undermine” the capability of Indian manufacturers...



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