India poised to be 3rd largest economy by 2030: S&P

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.

Bajaj Housing Finance shares surge 136% on debut

Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...

With growing smartphone exports, India is rapidly closing the gap with China and Vietnam. According to a report, mobile phone exports from China and Vietnam decreased by 2.78 per cent and 17.6 per cent respectively in FY24 compared to the previous...

UltraTech Cement, controlled by Kumar Mangalam Birla, has acquired a 23% stake in India Cements from veteran investor Radhakishan Damani for £188.5 mn. The move intensifies UltraTech’s rivalry with Gautam Adani’s Ambuja Cements and ACC as both...

GST collections grew 7.7% in June to £17.4 bn, first time in three years when monthly mop-up rose at single-digit rate.During the month, based on transactions in May, central GST collections are estimated to have increased 3.4% to £3.20 bn,...



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