Saudi Arabia’s Public Investment Fund (PIF) will put £1.14 billion in Jio Platforms, marking its largest investment in India

Global ratings agency Fitch revised the outlook on India’s sovereign rating to negative from stable but retained the rating at BBB (minus), saying the coronavirus pandemic has significantly weakened India’s growth outlook for this year and exposed...

The finance ministry has asked banks to cut non-core business expenses by 20% and asked lenders to avoid incurring non-essential expenditure like staff cars, refurbishing guests houses or spending on interior decoration items

The government admitted for the first time that India could see an economic contraction during the current financial year, although chief economic adviser (CEA) Krishnamurthy Subramanian built in a caveat that activity in the second half of...

After steep double-digit declines for three months, India’s exports are estimated to have declined by just 0.8% during the first week of June due to a spike in the value of shipments to several Asian countries, led by China, amid indications...