The government is expected to close 2018-19 with a £6 billion shortfall in direct tax collections with mop-up till last week estimated at £113.8 billion, compared to the revised target of £120 billion
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3rd Feb 2026 | Updated at 04:46pm 3rd Feb 2026
India’s economic rise signals global power shift
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
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.
The £150 million emergency funding expected by Jet Airways has been shot down to £20 million in the best case scenario, as lenders led by SBI await RBI's fresh norms for debt restructuring after Supreme Court last week struck down the central...
The Supreme Court has ruled that the Reserve Bank of India's February 12, 2018 circular by which the central bank promulgated a revised framework for resolution...
The government of India sold over £110 million worth of Wipro shares
Currently operating 35 aircraft, Jet Airways may take the number to 75 by the end of this month in case it convinces lessors, who have grounded planes over unpaid dues
Bankruptcy Code was introduced in India for the early realisation of non-performing assets (NPAs), recovery of bank loans worth £18 billion and resolution...
Bank of Baroda has become the second largest public sector lender after SBI following the merger of Dena and Vijaya banks with it from April 1
Stoking in a fresh bout of controversy, former Reserve Bank of India (RBI) governor, Raghuram Rajan has raised doubts about the country's economy clocking seven per cent at a time when not enough jobs are being created, and called for an impartial...
Fitch Ratings cut India's GDP growth rate projection for the next financial year to 6.8 per cent, from its previous estimate of 7 per cent, on account of weaker-than-expected growth momentum
As many as 12,000 cases have been filed since the implementation of the insolvency law and setting of National Company Law Tribunal (NCLT), a senior government official said
