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.

Big bull Rakesh Jhunjhunwala-backed Akasa Air, that will shortly take to the skies will not be an ultra low-cost carrier (ULCC). It is looking at a launch by early June and will have a fleet of 20 aircraft by next summer, when it will “immediately”...



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