India's Finance Minister Arun Jaitley said the Indian economy needs multiple engines of growth while the government focuses on reviving private investments.
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.
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...
India's Finance Minister Arun Jaitley said the Indian economy needs multiple engines of growth while the government focuses on reviving private investments.
Indian billionaire Mukesh Ambani is planning to go for a rights issue to raise $2.2 billion to partly finance the forthcoming Reliance Jio wireless broadband venture
Finance Minister Arun Jaitley arrived in Britain for his 3 day visit on 17 January to woo British businesses keen on investing in India, highlighting the initiatives that are taken by the Indian government to make India an attractive destination...
Wipro chairman Azim Premji has been named the 'Most Generous Indian' for the third consecutive time, according to China's Hurun Research Institute, which recently released its Indian philanthropy list.
The Indian government is preparing a strategy to focus on infrastructure, agriculture and restore the health of the banking system as well as specific measures to ease stress in the rural economy when it unveils the 2016-17 budget in February-end
The World Bank in its report Global Economic Prospects projected that India would remain comfortably the fastest growing large economy in 2016, at a rate more than a percentage point higher than China's.
The annual bilateral summit between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin saw a strings of oil deals, potentially worth $2-3 billion
A top Indian government official has stated that the foreign direct investment in the country has grown by 35 per cent in the last 17 months, even as it has fallen by 16 per cent across the world.
Blackstone, the US-based private equity major, is reported to have acquired Alpha One mall at Vastrapur in Ahmedabad, which was owned by Guargaon-based real estate company, Alpha G: Corp
India is expected to grow by 7-7.5 per cent in 2015-16, slower than the previous estimate of 8.1-8.5 per cent as weak exports, sluggish farm sector and private investment weighed on faster expansion, as shown by the government's mid-year review.