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.

The Indian government has virtually ruled out a reduction in personal income tax, including in the forthcoming Budget, with well-placed sources citing examples of higher rates in several countries such as China, the US and the UK, apart from...

Weeks after it relaxed the foreign direct investment (FDI) regime, the government has begun a fresh review for further liberalisation of sectoral caps as well as segments that are not on the automatic list, as it courts more overseas investors...



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