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India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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2 mins read

RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6

Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…

ANI   


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4 mins read

FDI inflows likely to rise in 2024 as India remains 'preferred investment destination

​​​Foreign direct investments into India is likely to gather momentum in 2024 as healthy macroecono…

PTI   


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2 mins read

Govt eases FDI norms in space sector; 100% in making components for satellites

The government on Wednesday eased Foreign Direct Investment (FDI) norms in the space sector by all…

PTI   


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4 mins read

Global investors eyeing India, don't miss this 'golden chance': PM to India Inc.

Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's th…

PTI   


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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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2 mins read

Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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5 mins read

Base case for Nifty50 by Dec 2024 is 23,000, says Pranav Haridasan of Axis Securities

Markets like consistency and predictability, which is why companies like HDFC Bank, TCS and Infosys…

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1 min read

RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI   


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2 mins read

Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…

PTI   


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4 mins read

OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!

In addition to the government and companies, there is increased interest from banks, NBFCs, venture…

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3 mins read

IMF lowers India's GDP growth projections to 5.9% for FY24

The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India w…

ANI   


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2 mins read

India emerging as a top manufacturing hub, driven by supply chain diversification: JLL

India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chai…

ANI   


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Indian real estate rebounds as institutional investment touches a three-year high of $2.5 billion in three months

Real estate investments in India surged in Q2 2024, led by foreign investors. Bengaluru and Delhi N…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Risk to India's sovereign rating from external pressures is limited: Fitch

The risk to India's sovereign rating from external pressures is limited, said Fitch Ratings on Wedn…

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1 min read

Indian real estate saw 3x rise in foreign institutional investments during 2017-22: Colliers

India received foreign institutional inflows worth USD 26.6 billion into real estate during the six…

ANI   


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4 mins read

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …

PTI   


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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed