India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing...
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21st Dec 2024 | Updated at 08:05am 21st Dec 2024
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.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
The ministerial panel on GST rationalisation has discussed proposals to rework the rates on over 100 items, apart from merger of the 12% and 18% slabs, but has opted to analyse it in detail, before finalising its recommendations.
Former SpiceJet executive Arun Kashyap has launched Sirius India Airlines, a private charter carrier aimed at catering to the upscale travel market.
The IPO for Manba Finance, a Mumbai-based NBFC that finances two and three wheelers, has been subscribed 224 times. The company that aimed to mobilise £15.1 mn now has a demand for its shares worth nearly £2.4 bn. This is excluding the £4.5...
India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of the global market.
The Reserve Bank of India (RBI) called September the busiest IPO month in 14 years. The month is near its end, but the primary market buzz is unlikely to fade as more than half a dozen companies want to raise around £6 bn in the next 60 days....
Tata Power said it has inked an initial pact with the Rajasthan government for investment of Rs 1.2 trillion, including £7.5 bn in green energy, in the state's power sector. The 10-year plan aims to support Rajasthan's transformation into a...
The Centre announced a £1.09 bn electric vehicle subsidy scheme, the PM E-Drive, marking the third phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) policy which has subsidized the purchase of over 1.6 million...
After facing a hammering in the stock markets, following an adverse judgment by the Supreme Court on the AGR issue, embattled telco Vodafone Idea (VIL) sought to assuage investor sentiments.
Implementing the FY25 Budget announcement, finance minister Nirmala Sitharaman launched the NPS Vatsalya, a pension scheme for minors. The scheme was launched simultaneously at 75 locations throughout the country, and over 250 PRANs (permanent...
