The government of India said it has decided to strike off the names of 1,20,000 more companies from the official records for various non-compliances as part of its continuing fight against the black money menace
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 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 government of India said it has decided to strike off the names of 1,20,000 more companies from the official records for various non-compliances as part of its continuing fight against the black money menace

The World Bank has projected that the Indian economy would grow to 7.3% in 2018-19 and 7.5% in the medium term on the back of revival of private investment...
For the sixth time, Kingfisher Airlines' erstwhile headquarters has been put on the block by the Debt Recovery Tribunal Bangalore
In a significant development, Bengaluru-based mobile ads firm InMobi said it would be acquiring California-based startup AerServ for $90 million.

The direct tax collection by the government of India has jumped by 18.2 per cent during the first nine months of current fiscal at £65.6 billion.
Tata Consultancy Services (TCS), India’s largest software services exporter by revenue, said it signed a multi-year deal worth more than $2 billion with Transamerica to transform the life insurer’s US insurance and annuity business lines.
Indian Minister for Commerce and Industry, Shri Suresh Prabhu, met met on January 11th with the International Trade Secretary, Dr Liam Fox, to discuss greater cooperation between the two countries and identify barriers to trade and investment...

Global hedge funds and asset management companies are making a cautious return to India's resurgent start up ecosystem, 18 months after they pulled back...
A monthly survey said that activity of the services sector in India expanded for the first time in three months in September as it rebounded from GST-related contractions, driven by a surge in new business orders that supported job creation
The Reserve Bank of India kept key rates on hold, while reducing its growth forecast for the fiscal year ending March 2018 to 6.7% from 7.3%.