Reliance Industries (RIL) reported a 13.5% rise in profit in the third quarter of fiscal 2020 to £1.16 billion, benefiting from higher price realisations in its refining, retail, media and digital services businesses
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.
Reliance Industries (RIL) reported a 13.5% rise in profit in the third quarter of fiscal 2020 to £1.16 billion, benefiting from higher price realisations in its refining, retail, media and digital services businesses

The Enforcement Directorate has attached properties worth over £7.8 million of former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, accusing...

India’s industrial production expanded at a modest pace in November, reversing three consecutive months of contraction, but many sectors remained in the...
Arguing that recoveries made from the sale of properties belonging to diamantaire Nirav Modi will be ‘a necessary boost to the economic health of the country in the long run’, the Punjab National Bank (PNB) sought permission from a special court...

The Supreme Court last week stayed the National Company Law Appellate Tribunal’s order reinstating Cyrus Pallonji Mistry as executive chairman of Tata...
Nobel laureate Abhijit Banerjee advised Finance Minister Nirmala Sitharaman to not announce any more corporate tax cuts in the upcoming Budget 2020. Banerjee and fellow Nobel laureate Esther Duflo attended an event and were part of 'The Juggernaut...
Air India chief Ashwani Lohani said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless", weeks after he told the Civil Aviation Ministry that the carrier's financial situation was "grossly untenable" for sustaining...

Prime Minister Narendra Modi, on January 6, met 11 leading corporate chiefs and exhorted them to give candid feedback on what has contributed to the slowdown,...

Following the move by Tata Sons, Tata Group patriarch Ratan Tata, Tata Trusts trustee Venu Srinivasan, and Tata Teleservices also went to the top court,...

Mega-etailers Amazon and Walmart-owned Flipkart will soon have to defend their turf against India’s newest online marketplace. Spearheaded by the wealthiest...