The rupee breached for the first time the 79 level in post-market trade on 29th June. The fall came even as the Reserve Bank of India (RBI) managed to defend the domestic unit from breaching the milestone level earlier in the day for most of...
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3rd Feb 2026 | Updated at 07:19am 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.
India’s industrial sector had been hit hard by the impact of the pandemic and the war in Ukraine but has held up against several risks. The broader economy has also scripted a robust recovery against the backdrop of several risks, such as inflationary...
Gujarat registered an impressive rise in the ease of doing business (EoDB) rankings for 2020. In the last rankings announced in September 2020, Gujarat was placed 10th in India.
The first outlet of British coffee and sandwich chain Pret A Manger is expected to open early next year in Mumbai. Pret A Manger, which means "ready to eat" in French, was founded in London in 1983, with the first shop opening the following...
India’s GST collections rose 56%, at their fastest pace in over a year, to nearly £14.5 billion in June, marking the 12th consecutive month of over £10...
One more private airline in India will soon be launched. Billionaire investor Rakesh Jhunjhunwala backed airline Akasa will take to the skies from July-end...
Unabated foreign funds selling in the domestic market and the strength of the dollar against some major currencies took a heavy toll on Indian rupee.
Air India has recently sent job offer letters to around 55 pilots who retired in the past four years as the airline plans to re-hire them as commanders to fly for another five years or till they reach the age of 65, whichever happens first.
Gautam Adani and his family has pledged to donate £6 billion to social causes to mark his 60th birthday on 24 June and to pay tribute to the 100th birth...
Globally, inflation has emerged as a major risk after the war in Ukraine and the breakdown in supply chains due to the geopolitical conflict and the strict lockdown in China. Central banks across the world have raised interest rates to stamp...
