India’s economy is expected to contract by 7.7% in 2020-21 ravaged by the impact of the Covid-19 induced lockdown, with the crucial services and manufacturing...
-
4th Feb 2026 | Updated at 04:47am 4th 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.
China last week expressed its “deep concern” over the recent foreign direct investment (FDI) policy changes initiated by Modi government, alleging that it curbs takeovers and acquisitions of Indian companies.
The government will look to bridge the yawning fiscal deficit through sale of spectrum that begins from March1. The sale of airwaves, a total of 2,251MHz, is being seen as crucial for the exchequer even though struggling telecom companies such...
The Indian government may not be able to close the BPCL and Air India disinvestment transactions by March 31, although it is pushing the sale of five large...
Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion
Markets regulator Sebi fined Reliance Industries, its main promoter Mukesh Ambani and two other entities a total of £7 million for alleged manipulative...
The AirAsia Group Berhad on December 29 sold 32.67% of its stake in the Indian subsidiary to their joint venture partner Tata Sons for $37.66 million
Malaysian carrier AirAsia will be reduced to a financial investor in its India unit as larger strategic partner Tata Sons initiates consolidation moves...
The Supreme Court recently stayed all criminal proceedings before a trial court against IT mogul and philanthropist Azim Premji and his wife Yaseem, who had sought quashing of summons issued to them by a Bengaluru court in “frivolous criminal...
India, which appears to have been pushed back to being the world’s sixth biggest economy in 2020, will again overtake the UK to become the fifth largest...
