New Adani, IHC to Invest £8.5 billion in Odisha

Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH) signed a Memorandum of Understanding (MoU) with the Odisha government to develop a greenfield aluminium project worth $11.5 billion (Rs 1.08 lakh crore) (£8.5 billion).The...

India’s AI Summit marks global tech turning point

Over the past week, Bharat Mandapam in New Delhi has emerged as a central hub for the global tech community, hosting the India AI Impact Summit 2026, which attracted over 250,000 participants from more than 60 countries.Addressing world leaders,...

SpiceJet, which is facing net loss to £78.9 million in the June quarter as high fuel prices and rupee depreciation adversely impacted the budget carrier. Amid the financial turmoil, the airline plans to raise $200 million and expects to complete...

The £5.12 billion net buying of Indian stocks by foreign funds in August, a 20-month high figure, has convincingly reversed a nine month continuous selling by these institutions. But flow-related volatility could continue for a while, brokers...

India's Goods and services tax (GST) collection remained above £14 billion for the fifth month in a row, increasing 28 per cent year-on-year (YoY) to nearly £14.9 billion in July. This was the second-highest mop-up since the rollout of the regime.

Apple has planned to begin manufacturing its latest model iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated

Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, said he expects the GDP to grow up to 15.7 per cent in the first quarter of 2022-23 with more chances of the final numbers printing in higher, while Aditi Nayar, the...



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