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.

Blackstone, the US-based private equity major, is reported to have acquired Alpha One mall at Vastrapur in Ahmedabad, which was owned by Guargaon-based real estate company, Alpha G: Corp

India is expected to grow by 7-7.5 per cent in 2015-16, slower than the previous estimate of 8.1-8.5 per cent as weak exports, sluggish farm sector and private investment weighed on faster expansion, as shown by the government's mid-year review.

India's market regulator Sebi said it has attached the assets of PACL, its promoters and directors for failing to refund about £6 billion that the company had been raising illegally from five crore investors since 1997



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