India’s official digital currency is likely to debut by early 2023, which will mirror any of the currently available private company-operated electronic wallets, but with a change that it will be a sovereign-backed facility, a top government...
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26th Dec 2024 | Updated at 09:04am 26th 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...
The Centre will soon decide on the size of initial public offer of state-run insurance giant LIC, a top official said, asserting that the government will provide a fresh push to the privatisation of oil marketing firm BPCL, Shipping Corporation...
Pushing ownership over the litigation-mired assets of Future Retail (FRL) owned by the beleaguered Kishore Biyani-led group, a consortium of 27 banks told the Supreme Court that the best way out of the present mess is to ask both Reliance Retail...
Reiterating his vision to help India join the digital bandwagon, Alphabet and Google CEO Sundar Pichai has said the ongoing investments are a reflection...
Billionaire Gautam Adani has become Asia’s richest person. According to the Bloomberg Billionaires Index, the coal magnet’s net worth reached $88.5 billion...
India’s economy is estimated to grow by 9% in the current fiscal year, a tad slower than the International Monetary Fund’s (IMF) earlier forecast of 9. 5% due to the impact of the third Covid wave.
The Supreme Court has agreed to hear a fresh petition from Future Retail (FRL) seeking quashing of lenders’ letters threatening initiation of insolvency proceedings. The plea cited its live deal with Reliance Retail for sale of assets for nearly...
The Modi government has appointed Venkatraman Anantha Nageswaran as its chief economic advisor (CEA) days before the tabling of the 2021-22 Economic Survey (on January 31) and the presentation of the 2022-23 Union Budget (on February 1).
Tata Consultancy Services (TCS) is now the second most valuable information technology company globally ahead of US giant IBM, according to Brand Finance,...
Tech giant Google will invest up to $1 billion in Bharti Airtel through a mix of equity and commercial partnerships in areas like affordable smartphones,...
