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, offsetting losses from Vodafone Idea and BSNL. The broadband user base also grew, dominated by Jio and Airtel.
There is a shift in government policy and a fundamental change in the mindset of entrepreneurs too, says R. Nandini, former chairperson of the Confederation of Indian Industry (CII), Southern Region
India's external debt experienced a 10% surge, reaching $736.3 billion by March 2025, with the debt-to-GDP ratio slightly increasing to 19.1%. The non-financial corporate sector held the largest share of borrowing, while loans constitut ...more
India's foreign exchange reserves decreased by $1.01 billion, reaching $697.93 billion in the week ending June 20, according to RBI data. This decline reverses the previous week's increase. The drop was primarily due to decreases in for ...more
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Coal India will invest over Rupees 1,067 crore in Talcher Fertilizers Limited. This investment supports India's first coal gasification-based ammonia urea plant. The Talcher project aims to produce 12.7 lakh tonnes of urea annually. The ...more
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
The Audi A4 Signature Edition reaffirms the brand’s presence in the segment, but will it lure new buyers?
The MG Hector brings together muscular looks, SUV charm, and spacious interior in an overall easy-to-live-with package
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
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