A strengthening US dollar, along with the central bank's attempts to stop the volatility in the rupee's value, depleted India's foreign exchange reserves by $750.2 million
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23rd Dec 2024 | Updated at 12:18am 23rd 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...
India's finance minister Arun Jaitley has urged Indian exporters to produce quality products at competitive prices in the face of slowing demand in international markets and in the context of the continuous decline in the country's exports.
In an overwhelming response to the government's gold bond scheme, the first tranche has received 63,000 applications for 917 kg of the metal, worth £24.6...
The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017.
Marking the exit of yet another foreign bank, from the cut-throat wealth management business in Asia's third-largest economy, HSBC is shutting its private banking unit in India
India is expected to displace Britain as the third-largest air transport market by 2026, an International Air Transport Association's updated passenger...
India’s economy grew by 7.4 per cent in the second quarter, official figures showed, outperforming China and slightly ahead of analysts’ expectations.
India has unveiled details of its plan to phase out some tax exemptions for companies as the government looks to simplify tax laws and make them transparent before it lowers the tax rate
The Central Bureau of Investigation and Enforcement Directorate, is probing one of the biggest trade based money laundering, also referred to as 'banking-hawala scandal'.
India's Finance Minister Arun Jaitley said that the government had made significant headway on the Goods and Services Tax (GST) and hoped to soon implement the most ambitious indirect tax reform since independence.
