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1 min read

AI spending in India may triple to USD 5 bn by 2027: Report

He said that in 2023, major spending of USD 209 million was driven by AI infrastructure provi…

PTI   


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2 mins read

India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn

India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…

ANI   


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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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1 min read

India's forex reserves jump $2.56 bn to $644.15 bn

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion follow…

PTI   


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India's forex reserves jump by USD 3.66 bn to USD 641.59 bn: RBI

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion, follow…

PTI   


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2 mins read

In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn

In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…

PTI   


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3 mins read

Bharti to acquire about 24.5% stake in BT Group from Altice UK; deal estimated at $4 bn

The shares will be purchased through Bharti Televentures UK, which is wholly-owned by Bharti Gl…

PTI   


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1 min read

India's forex reserves jump USD 5.08 bn to USD 595.40 bn

India's forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended …

PTI   


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1 min read

Forex reserves jump $4.84 bn to new all-time high of $651.5 bn

The previous high for the kitty a crucial guard against any disturbances in the external sect…

PTI   


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3 mins read

India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn

Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…

PTI   


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2 mins read

Amazon posts USD 3.2-bn profit as it goes through multiple layoffs

The e-commerce giant on Thursday reported a profit of USD 3.2 billion for the first quarter, far ex…

ANI   


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1 min read

India's pharma exports rise 10% to $27.9 bn in FY24

In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sect…

PTI   


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2 mins read

Blackstone to invest $2 bn every year in India; wants quicker M&A clearances

Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…

PTI   


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3 mins read

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…

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2 mins read

Agri exports fall 9% to $43.7 bn during Apr-Feb 2024 due to global, domestic factors

India's agricultural GDP also witnessed a significant deceleration, growing by only 0.7 per cen…

PTI   


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2 mins read

India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data

India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…

PTI   


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2 mins read

Mobile exports to grow to $50-60 bn, electronics manufacturers to employ 25 lakh people: Vaishnaw

Mobile phone exports from India will grow more than five-fold to USD 50-60 billion in the coming ti…

PTI   


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2 mins read

Emerging-market capital inflows soar to a decade high, expected to reach $200 bn in 2024

The anticipated increase is attributed to several factors including higher growth prospects in emer…

ANI   


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1 min read

Mega tower deal: Brookfield to acquire ATC's India biz for $2 bn enterprise value

Canada-based Brookfield will acquire the Indian business of American Tower Corporation (ATC) for an…

PTI   


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3 mins read

India saved over USD 4 bn in fuel costs through solar power from Jan to June: Report

India saved USD 4.2 billion in fuel costs through solar generation in the first half of 2022 and 19…

PTI