Need to think big to achieve $5 trillion economy, says PM Modi

Prime Minister Narendra Modi said the aim of a $5 trillion economy was ambitious but the country would have to think big and move ahead to realise the goal

Six bank chiefs facing CBI, ED probe, says govt

The government told parliament that half-a dozen managing directors and CEOs of commercial banks have been facing probe by Central Bureau of Investigation (CBI) and Enforcing Directorate (ED), although no arrests have been made so far

The Union cabinet approved strategic stake sale in five state-run companies, including fuel retailer BPCL, Shipping Corporation of India, power companies THDCIL and NEEPCO and logistics firm Concor, a move which will help the government raise...

India’s oil demand will increase double folds to more than 9 million barrels per day, marking the largest absolute consumption growth for any country, and its dependence on imports will rise to 90% by 2040, according to the International Energy...

Global ratings agency Moody's Investors Service lowered India’s sovereign credit rating outlook to negative from stable, citing rising risks to economic growth and increased probability of a more entrenched slowdown due to prolonged financial...



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