The power sector in India will undergo big reforms that will change the face of domestic electricity market, make it more responsive and reduce cost for distribution utilities as well as consumers through intense competition
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.
The power sector in India will undergo big reforms that will change the face of domestic electricity market, make it more responsive and reduce cost for distribution utilities as well as consumers through intense competition

In a move to revive economic activity, the government has relaxed several rules in the areas such as single-brand retail, contract manufacturing, coal...

In a mega merger, 10 public sector banks have been merged to form four large entities, capable of meeting the higher funding requirements of the economy...

The Enforcement Directorate (ED) filed an application in the special court seeking permission to sell valuable articles recovered during raids from the...
The 2,000 rupee note is seeing a sharp drop in print orders by the RBI
India's finance minister Nirmala Sitharaman urged tax officials to build trust with taxpayers and called for a makeover of the department by cutting down on litigation and using technology for faceless interaction
The Enforcement Directorate (ED) searched over a dozen premises linked to the defunct Jet Airways and its erstwhile promoters Naresh Goyal and Hasmukh Gardi in Mumbai and in Delhi in a case of foreign exchange violation
The Department of Telecom (DoT) has asked the Registrar of Companies (RoC) to “withhold any further action” with regard to the merger between Bharti Airtel and Tata Tele as the department has “not given written approval yet” to the transaction,...

Debt-ridden Air India has sought immediate emergency funding of about £250 million from the government as debt

In a bid to counter the growing negativity about Indian economy and revive growth, finance minister Niramala Sitharaman announced a slew of measures, including...