Adani Logistics, the wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd. has signed a definitive agreement to acquire ICD Tumb (Vapi) from Navkar Corporation for £83.5 million. The deal comprises the acquisition of the operational...
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3rd Feb 2026 | Updated at 04:09am 3rd 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.
Japanese lender, MUFG Bank has announced that it has begun operations from Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, the capital city of Gujarat state. In May this year, the bank received final approval from the International...
Four months after the Bombay Stock Market Index (sensex) recorded its highest level for the current fiscal, it reclaimed the psychologically important...
Akasa Air, the startup budget airline launched in India on August 7 with late Rakesh Jhunjhunwala as its biggest investor, has said it remains “well-capitalised” and will induct the ordered 72 aircraft over the next five years. It will also...
Profit of Tata Sons more than doubled in fiscal 2022, boosted by gains made from participating in the share buyback of TCS as well as by dividends received...
Indian telecom service provider Bharti Airtel has said that it will start rolling out 5G services from this month and cover all towns and key rural areas...
Retail inflation in India moderated to a five-month low in July on the back of easing of food prices, bringing relief for policymakers, who are battling price pressures. However, the overall number still remains above Reserve Bank of India's...
India's Life Insurance Corporation (LIC) has reported a net profit of £68.3 million for the quarter ended June 2022 compared to £260,000 in the corresponding quarter of the previous year. However, it is to be noted that the numbers are not comparable...
Morgan Stanley economists have predicted that India could emerge as Asia's strongest economy in 2022-2023 as it is best-positioned to generate robust domestic demand, helped by economic policy reforms, a young workforce and business investments.
