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 exports dipped for the first time since February 2021 as some of the checks imposed by the government to increase domestic supply took a toll on shipments out of the country. This pushed up the trade deficit to a new record of $31 billion...

SpiceJet promoter Ajay Singh is now in talks with multiple players - including a Middle Eastern carrier and a big Indian conglomerate - for stake sale to raise funds for the struggling-to-survive budget airline, which urgently requires re-capitalisation...



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