Nirmala Sitharaman, Finance Minister According to exporters,...
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India may emerge as second-largest economy by 2038 with USD 34.2 trn GDP in PPP terms Report
India is emerging as one of the most dynamic among the world’s five...
India and Fiji join hands for climate action, resilience building and sustainable development
Prime Minister Narendra Modi and Sitiveni Rabuka,Prime Minister,...
Google ad tech class action gets go ahead from London court
Should the claimants prove that the Alphabet Inc. unit preferred its online advertising services over competitors between January 2014 and November 2022 they estimate damages as high as £13.6 billion ($17.4 billion) The UK’s Competition Appeal Tribunal unanimously...
Investors gain Rs12 lakh crore as stock markets shrug off poll jitters
To be sure, investors say the election outcome - with Modi's alliance winning 293 of 543 lower-house seats - is unlikely to derail this trajectory, nor is India's broadly stable currency and attractive debt market likely to be unduly ruffled. "We're still seeing...
Modi retaining power under changed circumstances to make reforms challenging: Economists
Among key bills that may face delays include amendments to the Insurance Act, 1938, and the IRDAI Act to allow composite licensing for insurers and labour law implementation New Delhi: Prime Minister Narendra Modi retaining power in the general elections under...
Japan auto safety scandal widens, Toyota halts some shipments
The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...
Strong growth, lower fiscal deficit may lead to India rating
"A faster-than-anticipated pace of fiscal consolidation could pave the way for a sooner-rather-than-later sovereign rating upgrade for India," the analysts said New Delhi: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a...
HC takes note of 52.3 deg C temperature in Delhi says city could become ‘barren desert’
"Judicial notice is taken of the fact that as recent as on May 30, the official temperature recorded in Delhi was 52.3 degrees Celsius. It is not far to see the day when this city may be only a barren desert, in case the present generation continues an apathetic view...
Markets may reach new heights on Monday, but investors should invest for long term in quality stocks
Porinju Veliyath, Founder - Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai: Stock...
India’s GDP expands 7.8 pc in Q4, 8.2 pc in FY24
The growth propelled the Indian economy to USD 3.5 trillion and set the stage for achieving the USD 5-trillion target in the next few years Financial, real estate and professional services grew 7.6 per cent in the March 2023 quarter compared to 9.2 per cent in the...
India’s key monsoon rains arrive early, promising respite from heat, boost crop and rural demand
Nearly half of India's farmland, without irrigation, depends on the annual June-September rains. Regular rains during the monsoon season will also bring relief from the searing heat wave that has seen maximum temperatures cross 50 degrees Celsius (122°F) in some parts...
S&P Global to observe India’s fiscal glidepath for possible rating upgrade
''Within the next 2 years we will be closely observing whether the government's depiction of fiscal consolidation path will carry on… We will be observing for the next 1-2 years to see how this fiscal numbers will come to pass and if so, this will lead to a rating...