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On annual basis, India had a current account deficit at $23.3 billion (0.6% of GDP) during 2024-25, lower than $26 billion (0.7% of GDP) during 2023-24, primarily due to higher net invisibles receipts.
Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first international acquisition. This strategic move aims to expand India's maritime inf ...more
To tour 30 industrial cities to showcase its 10 future-ready solutions
In May, India's telecom sector saw a slight increase, reaching 120.7 crore subscribers, with Reliance Jio and Bharti Airtel capturing almost all new additions. Jio led with 27 lakh new mobile users, while Airtel added 2.75 lakh, offsett ...more
The MG Hector brings together muscular looks, SUV charm, and spacious interior in an overall easy-to-live-with package
The Audi A4 Signature Edition reaffirms the brand’s presence in the segment, but will it lure new buyers?
The bank has acquired 24.91% equity stake in Future Generali India Insurance Company and 25.18% equity stake in Future Generali India Life Insurance Company Ltd
No major imbalances in macro aggregates, subdued inflation and growth-supportive monetary policy stance place India’s macroeconomic health in a relative Goldilocks situation, a report by the Economic Affairs Department said
In an affidavit filed in the Pune court on Friday, Hiremath claimed Gaurishankar used his goodwill with their father Dr Neelkanth Kalyani to obtain a power of attorney to manage his assets in Karad
With a near 10% share, JSW Paints narrows the gap with Kansai Nerolac
India has restricted imports of specific jute and woven fabric products from Bangladesh to the Nhava Sheva seaport, escalating trade tensions. This decision, effective immediately, follows concerns over controversial remarks by Banglade ...more
Simultaneously, the external debt to GDP ratio increased to 19.1 per cent at end-March 2025 from 18.5 per cent at end-March 2024. In FY24, India’s external debt had increased by $39.7 billion.
The central bank accepted the funds from banks at the cut-off rate of 5.49 per cent, with the weighted average rate working out to 5.45 per cent
Finance Minister Nirmala Sitharaman asks banks to go for more deposit mobilisation
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