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.

Almost two years after India’s oldest private airline was grounded, Jet Airways may be able to fly again by July or August of this year, the potential new owner of the airline said. Murari Lal Jalan, the lead member of the Jalan-Kalrock consortium,...

The government of India made some headway in its latest attempt to divest in helicopter PSU Pawan Hans, while the RailTel IPO was subscribed over 42 times. “Multiple expressions of interest have been received for privatisation of Pawan Hans.

Amazon India said it will start local manufacturing of its devices in Chennai, reducing its dependence on China. This would give a leg up to the government’s Make-in-India push. The e-commerce major will work with Foxconn’s subsidiary Cloud...



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