India's forex reserves crossed the $600-billion mark for the first time on the back of continued foreign investment flow into the capital markets. According...
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3rd Feb 2026 | Updated at 10:45pm 3rd Feb 2026
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 Reserve Bank of India (RBI) expects the now ebbing second wave of the coronavirus disease pandemic in India to have only a small (1 percentage point) impact on the economy, and, in fact, has projected that GDP growth will be faster than...
India’s foreign exchange reserves is likely to have crossed a new record of $600 billion in the first week of June, RBI governor Shaktikanta Das said....
Although airlines in India is recovering faster than in places like Singapore and Hong Kong, the impact of the pandemic is still being felt. No-frills...
The Indian government may sell its stake in Central Bank of India and Indian Overseas Bank (IOB) as part of its mega privatisation initiative unveiled in the Union Budget in February. While the two banks have been recommended for disinvestment...
Tata Group has acquired a majority stake in online grocery seller BigBasket for an undisclosed sum of money, pitting it against the likes of billionaire...
Companies owned by billionaires Mukesh Ambani and Sunil Bharti Mittal may raise as much as 365 billion rupees selling bonds as the telecom titans build...
The government said consultations were underway with the states and industry to assess the impact of the second wave and the lockdown imposed by several states but it was yet to decide on a stimulus package. “The process of consulting states...
SBI has reported its highest ever net profit of £645.1 million for the quarter ended March 2021 - an increase of 80% over £358.1 million in the corresponding period last year. The bank also reported its highest ever full year net profit of £2.04...
