Union finance minister Nirmala Sitharaman expressed confidence that the disinvestment target set in the union budget 2021-22 is realistic and achievable. The government has set a disinvestment target of £17.5 billion for 2021-22. Accepting that...
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 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.
Union finance minister Nirmala Sitharaman expressed confidence that the disinvestment target set in the union budget 2021-22 is realistic and achievable. The government has set a disinvestment target of £17.5 billion for 2021-22. Accepting that...

Growth returned to the Indian economy in the October-December quarter of 2020-21 helping it to move out of the recession that had gripped following one...

Telecom operators on Monday placed bids worth £7.71 billion in India’s first 4G spectrum auction in more than four years against the government’s expectation...
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.

Tata Group has sought Competition Commission of India’s approval on its deal to buy a majority stake in Bigbasket, indicating that the two enterprises...

India's Commerce and Industry Minister Piyush Goyal has invited US companies for setting up manufacturing base in India. Delivering the inaugural virtual...

The Indian government is likely to file an appeal against the Cairn arbitration award contesting its sovereign rights to tax, sources said. An international...
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...

Indian Prime Minister Narendra Modi made a strong pitch for a bigger role for the private sector in the economy, saying that slandering private enterprise...