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.

Adani Enterprises has set up a company in Kenya to acquire and operate an airport in the African country as part of its expansion plans. The company, Airports Infrastructure, is looking to take over the management of Nairobi’s Jomo Kenyatta...

GST collections rose 10% to almost £17.5 bn on a gross basis, but higher refunds slowed down the net expansion of the kitty, latest data showed. While central GST collections were estimated to be 8.9% higher at £3.08 bn in Aug (based on transactions...

Reliance Industries will consider a 1:1 bonus share at its Sept 5 board meeting, its chairman Mukesh Ambani told shareholders. This will be RIL’s sixth bonus share issuance since it got listed in 1977. The last time it issued bonus shares (also...

Vistara will merge into Air India on Nov 12, 2024 and Tata Group patriarch Ratan Tata’s nearly three-decade-old dream of making Air India a world class airline in partnership with (SIA) could soon come true. Govt has approved SIA’s FDI into...

The Competition Commission of India has approved the merger between Reliance Industries and Walt Disney India’s media assets, with certain voluntary modifications. The CCI approval takes the two players a step closer in creating a $8.5-billion...



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