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.

India’s low-cost carrier SpiceJet will continue to operate only 50% of its scheduled departures for another month till October 29, according to a Directorate General of Civil Aviation (DGCA) order issued recently.

Global food & beverage conglomerate Nestle SA plans to invest £500 million in India by 2025, its CEO Mark Schneider announced recently. The move will help the company to accelerate its core business in the country and leverage new opportunities...

The jump in retail inflation in August to 7% has triggered apprehensions that India’s Reserve Bank (RBI) may unveil a sharper than expected interest rate increase to tame price pressures. This has dashed hopes that the central bank was shifting...

India’s wholesale price inflation (WPI) moderated to an 11-month low in August on the back of easing prices of fuel and power, manufactured food and non-food items but remained in double digits for 17th month in a row.



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