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.

The Indian capital market is set to witness one of the busiest fortnights in its history as six companies have lined up to raise about £3.14 billion by November 10. The six issues include the one from tech-enabled payments major One 97 Communications,...

Indians paid nearly £970 million in the form of fees hidden in inflated exchange rates while making remittances in 2020. This is more than a third (36%) of the total fees of £2.63 billion that Indians paid for sending money across their country’s...

The government reappointed Shaktikanta Das as the governor of the Reserve Bank of India (RBI) for a period of three years from December 20, 2021, or until further orders. Completion of the term would make Das the longest serving governor in...

The government signed the share purchase agreement (SPA) with Tata Group for Air India’s divestment, sticking to the timelines that aim at transferring the airline to its new owner by the end of this fiscal. The £1.8 billion deal, which will...



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