India's commerce and industry minister Piyush Goyal appealed to the Indian diaspora of the US to help promote the country as a preferred investment destination, highlighting the vast opportunities available in various sectors.
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.
India's commerce and industry minister Piyush Goyal appealed to the Indian diaspora of the US to help promote the country as a preferred investment destination, highlighting the vast opportunities available in various sectors.
Governor Shaktikanta Das said the Reserve Bank does not have any plan to allow business houses to promote banks at present. Allowing corporate houses to promote banks exposes one to conflict of interest risks and related-party transactions,...
India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK.
IMF revised the growth projection for India to 7% during the current financial year, compared to the earlier estimate of 6.8%, citing upward revisions to growth last year and improved prospects for private consumption, especially in rural areas....
India's retail inflation rose to a four-month high in June, led by a spurt in prices of food and beverages, delaying any prospects of interest rate cuts for now, while industrial output growth surged to a seven-month high in May on the back...
TCS’s year-on-year revenue grew by 4.4% in constant currency in the June quarter compared to the year-ago period. Quarter-on-quarter, it grew 2.2% in constant currency.
Billionaire Gautam Adani is charting new waters, with plans to build a state-of-the-art port in Vietnam as part of his ambitious global expansion. This venture by Adani Ports and Special Economic Zone Ltd. has reportedly received “in-principle...
Ahead of the Union Budget, Prime Minister Narendra Modi interacted with economists to discuss the state of the economy and ideas to push growth.
Indian companies raised a record $29.5 billion (nearly £25 bn) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest ever in...
Direct tax collections in India increased over 23% to £64,52 bn during this financial year up to July 11, driven by a faster rise in personal income tax, the Central Board of Direct Taxes (CBDT) said.