Japanese lender, MUFG Bank has announced that it has begun operations from Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, the capital city of Gujarat state. In May this year, the bank received final approval from the International...
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23rd Dec 2024 | Updated at 01:44pm 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...
Four months after the Bombay Stock Market Index (sensex) recorded its highest level for the current fiscal, it reclaimed the psychologically important...
Akasa Air, the startup budget airline launched in India on August 7 with late Rakesh Jhunjhunwala as its biggest investor, has said it remains “well-capitalised” and will induct the ordered 72 aircraft over the next five years. It will also...
Profit of Tata Sons more than doubled in fiscal 2022, boosted by gains made from participating in the share buyback of TCS as well as by dividends received...
Indian telecom service provider Bharti Airtel has said that it will start rolling out 5G services from this month and cover all towns and key rural areas...
Retail inflation in India moderated to a five-month low in July on the back of easing of food prices, bringing relief for policymakers, who are battling price pressures. However, the overall number still remains above Reserve Bank of India's...
India's Life Insurance Corporation (LIC) has reported a net profit of £68.3 million for the quarter ended June 2022 compared to £260,000 in the corresponding quarter of the previous year. However, it is to be noted that the numbers are not comparable...
Morgan Stanley economists have predicted that India could emerge as Asia's strongest economy in 2022-2023 as it is best-positioned to generate robust domestic demand, helped by economic policy reforms, a young workforce and business investments.
Indian flyers may brace for airfares to get dearer in the coming holiday season and cheaper during lean periods or to certain destinations as the government...
India’s exports dipped for the first time since February 2021 as some of the checks imposed by the government to increase domestic supply took a toll on shipments out of the country. This pushed up the trade deficit to a new record of $31 billion...
