The World Bank in its latest global economic prospects report, expects Indian economy to grow 8. 3% in the fiscal year ending March 2022, unchanged from the June 2021 outlook. The forecast for FY23 and FY24 for India has been upgraded to 8....
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 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.
The World Bank in its latest global economic prospects report, expects Indian economy to grow 8. 3% in the fiscal year ending March 2022, unchanged from the June 2021 outlook. The forecast for FY23 and FY24 for India has been upgraded to 8....

The National Company Law Appellate Tribunal (NCLAT) refrained from granting interim relief to US e-tailer Amazon in its plea challenging a Competition...
Boston-based startup Thrasio, a global leader in acquiring and scaling up third-party sellers on online marketplaces such as Amazon, will shift a significant chunk of its manufacturing to India from China as it steps into the country’s booming...

The government of India is set to receive ownership in two private telecom companies – the debt-laden Vodafone Idea and Tata group’s Tata Teleservices...
Indians are creating unicorns not just in India, but in the US too. A study finds that 90 out of 1,078 founders across 500 US unicorns (valued at over $1 billion each) were born in India. The data covers US unicorns between 1997 and 2019. According...

Sanjiv Mehta, chairman and managing director, Hindustan Unilever Limited (HUL) will be appointed as the President of Federation of Indian Chambers of Commerce...
The Mumbai bench of National Company Law Tribunal (NLCT) admitted the petition moved by the Reserve Bank of India (RBI) to initiate insolvency proceedings against Reliance Capital under Section 227 of the Insolvency and Bankruptcy Code (IBC).
SpiceJet said it is hopeful of a favourable outcome in its proposed appeal against a winding up petition ordered by the Madras High Court. The High Court on Monday ordered winding up of the airline on a petition filed by Credit Suisse over unpaid...

Jet Airways, which is preparing to relaunch operations next year, said it is in “advanced discussions” with Boeing and Airbus for buying and leasing planes....

The Reserve Bank of India superseded the board of directors of Reliance Capital and announced plans for insolvency proceedings citing payment defaults...