In a forecast made by the World Bank, India's economy is projected to grow at 7.5 per cent in the next three years owing to robust investment and private...
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26th Dec 2024 | Updated at 10:10am 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...
Indiabulls Housing Finance has denied charges of misappropriation of around £9.8 billion by its chairman Sameer Gehlaut and other directors and said that the allegation is "bizzare" and is meant to malign the reputation of the company.
In a move that should make mortgages, auto loans and other borrowings cheaper, Reserve Bank of India cut interest rates by 25 basis points for the third time this year and hinted at more cuts by changing its policy stance from “neutral” to “accommodative”
The Indian banking sector is back in the red in the fourth quarter with a £2.08 billion loss, thanks to provisioning for bad loans
The Gujarat Co-operative Milk Marketing Federation (GCMMF) which markets dairy products under brand 'Amul' aims to establish itself as the largest dairy organisation in the world in the long term
Punjab National Bank’s (PNB’s) woes don’t seem to be ending with the state-run lender reporting a loss of £475 million in the March quarter
The Reserve Bank of India said that 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount...
Singapore has toppled Mauritius and became the top Foreign Direct Investment (FDI) source in India
The Narendra Modi government is likely to invest nearly £300 billion in transport sector in the next five years, which is nearly a third of the £1,000 billion investment push for the infrastructure sector to elevate economic growth and job creation
Former Jet Airways chief promoter Naresh Goyal and his wife Anita were offloaded from Emirates flight and were barred from leaving India
