Anil Agarwal-led Sesa Sterlite, which was renamed as Vedanta recently, has been hit hard by falling crude prices as it booked nearly Rs 200 billion ($3 billion) as “goodwill impairment charges” related to its oil and gas business.
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2nd Feb 2026 | Updated at 07:47pm 2nd 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.
To make it easy to do business in India, the central government has rationalised certain documentation procedures required for companies
India's inflation is likely to average 3.7 per cent in the current fiscal, which is higher than the 2 per cent recorded in the last fiscal, a Dun & Bradstreet research report said
India’s steel consumption growth is likely to be the highest both in current year and the next at 6.2% and 7.3%, respectively, while all other major consuming...
The government of India provided some relief to overseas investors on the contentious issue of minimum alternate tax (MAT).
The income tax department in India has shot off notices in 68 FIIs for payment of Minimum Alternate Tax (MAT) dues worth Rs 6.02 billion, minister of state for finance Jayant Sinha said
India is likely to get the vice president's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted...
Indian Prime Minister Narendra Modi called to revamp archaic rules to enable the services sector to expand globally, while urging local players not to...
Promising a business friendly environment to woo foreign investments, India's Finance Minister Arun Jaitley made it clear that retrospective tax will not...
Chinese smartphone major Xiaomi said that Ratan Tata, chairman emeritus of the Tata group, has acquired a stake in Xiaomi Technology in a deal expected...
