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...

After two successive years of decline, car sales in India registered a 5% growth in the last financial year (2014-15). But the revival may not be sustained in the current financial year due to an adverse impact on the rural economy after unseasonal...

India's central bank on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to alter its...



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