India's finance minister Nirmala Sitharaman is set to go for a fresh push for capital expenditure, especially for sectors such as railways and roads, in her fifth Budget, as she seeks to ensure that global headwinds don’t take a toll on the...
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23rd Dec 2024 | Updated at 01:36am 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 electric vehicle sector is gearing up from a standing start.
The government will allow a consortium of foreign funds and investment firms to own more than 51% in IDBI Bank, according to an official clarification issued.
The Tata Motors may be considering a resurrection of the people’s car Nano in an electric version with substantial revamp of its original platform, including changes to its suspension and tyres, sources in the automotive industry said.
Leading Chinese firms like Vivo, Oppo and Xiaomi have agreed to export devices made in India to countries all over the world, giving away a portion of crucial manufacturing output from their Chinese factories.
The Reserve Bank of India raised the benchmark interest rate by 35 basis points, bringing the total increase since May to 225 basis points.
The World Bank increased its estimate of India's GDP growth to 6.9% for FY23, citing the country's economy's increased resilience to global shocks.
India’s gross domestic product (GDP) growth slowed in the July-September quarter due to a number of factors, including high inflation and rising interest rates, impact of the geopolitical situation and contraction in manufacturing and mining...
The Adani Group has emerged as the highest bidder for the 259- hectare Dharavi Redevelopment Project, official sources said. The group has put in a £506.9...
India's Goods and Services Tax (GST) collection rose by 10. 9% to £14.56 billion in November, making it the slowest pace of expansion since June 2021, but experts were upbeat on the prospects.
