The current account deficit in India narrowed to $10.5 billion, or 1.2% of the country’s gross domestic product, in Q3 FY24 from $11.4 billion (1.3% of GDP) in Q2 FY24. The deficit was sharply lower than the $16.8 billion - 2% of GDP - recorded...
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2nd Feb 2026 | Updated at 11:14pm 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.
Global ratings agency S&P estimates India’s GDP growth to moderate to 6.8% in 2024-25 after a better than expected 7.6% growth in 2023-24.
Billionaire brothers Sudhir and Samir Mehta pledged to donate £500 mn to a slew of social causes on their father and Torrent Group founder’s birth centenary on Sunday. The Mehtas join the ranks of other billionaires who have committed large...
Growth in India's core sector rose to a three-month high in Feb, led by double-digit expansion in three of eight segments but the fertiliser sector contracted for second consecutive month.
Adani Ports will buy Shapoorji Pallonji Group’s Gopalpur Port in Odisha for an enterprise value of £308 million, adding to its pan-India network and enhancing its cargo volume.
In a ‘power’ deal, Mukesh Ambani's Reliance Industries will purchase 26% stake in Mahan Energen, a wholly owned subsidiary of Gautam Adani's Adani Power for £5 million and will source 500 megawatt of electricity from the Madhya Pradesh plant...
GST revenue for March saw the second highest collection ever at £17.8 billion, seeing a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic transactions at 17.6%.
The Indian government has opted to lease out approximately 1 million tonnes of empty strategic crude oil storage capacity to both Indian and international firms instead of using public funds to fill the available space in the caverns.
A report by real estate consultancy Knight Frank revealed that Mumbai and Bengaluru were among the top 10 cities in the Asia-Pacific region with the highest increase in residential prices in the second half of 2023. Additionally, the National...
Adani Total Gas Ltd (ATGL), India's leading city gas distribution company, and INOX India Ltd (INOXCVA), a global leader in cryogenic liquid storage and distribution, have entered into a mutual support agreement to bolster the country's Liquefied...
