India is on track to surpass Japan and Germany to become the third-largest economy in the world by 2027 and to have the third-largest stock market by 2030,...
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4th Oct 2023 | Updated at 01:14pm 4th Oct 2023
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
Reliance Industries (RIL) has appointed senior banker K V Kamath as chairman of its prospective NBFC venture, Jio Financial Services. Kamath has also been appointed as an independent director to the board of RIL, the parent company of Jio Financial,...
According to the RBI's weekly statistical supplement published last week, India's foreign exchange reserves increased by $6. 6 billion to $531.1 billion in the week ending October 28.
The Indian IT services pecking order may undergo a shake-up with Infosys reclaiming its No. 2 rank in the coming year as it is swiftly catching up with Cognizant.
The AirAsia Aviation Group, based in Malaysia, has agreed to quit one of the largest civil aviation markets in the world by selling all of its shares in...
Goods and services tax (GST) collections rose 16. 6% to £15.17 billion in October, the second highest monthly mop-up since the indirect tax regime was...
Tata Steel’s second quarter profit plunged 90% to £129.7 million due to drop in metal prices and elevated input costs. Concerns over slowdown in key economies, geopolitical issues and seasonal factors have led to a “volatile operating environment”,...
Markets regulator Sebi has banned fugitive businessman Mehul Choksi, former promoter and chairman of Gitanjali Gems, from trading for 10 years for using front entities to trade in shares of the company to maintain its price from falling. Choksi...
The Adani Group will invest over $150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with $1-trillion valuations.
