The sustained contraction in investment inflows comes against the backdrop of uncertainties and challenges in the global economy

India accounted for more than half of all Asia deals with West Asia investors and 58% of the capital invested in Asia during the period, outpacing China and Southeast Asia

Economist Sanjeev Sanyal on Wednesday said India needs to sustain the current growth momentum to reach the "bottom echelons" of being considered a developed world by 2047. Sanyal, a full-time member of the Economic Advisory Council, suggested that developing fast is imperative because by 2047, India would have aged and be in the same place as China is right now. "We still remain a very poor country. So, we have to sustain this performance for 25 years. Only then are we going to get to the bottom echelons of being a developed country in 2047 when we will be 100 years of freedom," Sanyal said while addressing the India Global Forum here. He said this is a window of opportunity before the country, and we ought to make it work by remaining focused on economic growth and not getting distracted by other things. Sanyal said it is essential that we continue to undertake reforms to realise the growth potential and listed out some essential priorities. He said the judicial side requires a l

As of December 2023, IiAS reported the strongest Corporate Governance Score performance for BSE100 since assessments commenced in 2016

Overseas marine insurance covers amounts running into billions of dollars, which India's entity would not be able to undertake initially

Governor Das emphasised the RBI's commitment to achieving a sustainable 4 per cent inflation rate

On the inflation front, Crisil expects softening to continue in the next fiscal on the back of healthier agriculture output that tames food inflation, and benign oil and commodity prices

Das said rural demand had been improving and was much stronger than a year ago, while urban demand continued to be very strong

The highest salary hikes are expected to be seen in e-commerce (10.9%), financial services (10.1%), and professional services and real estate (10% each)

Competition Commission expected to soon publish guidelines on methodology for computing penalties

Crisil Ratings on Wednesday projected India's GDP growth at 6.8 per cent in the next fiscal and said the country will become an upper middle-income nation by 2031 with the economy doubling to USD 7 trillion. In its India Outlook report, Crisil said the Indian economy will take support from domestic structural reforms and cyclical levers and can retain -- perhaps even improve -- its growth prospects to become the third largest economy by 2031. "After a better-than-expected 7.6 per cent this fiscal, India's real GDP growth will likely moderate to 6.8 per cent in fiscal 2025," said the Crisil India Outlook report. It said that the next seven fiscals (2025-2031) will see the Indian economy crossing the USD 5 trillion-mark and inching closer to USD 7 trillion. "A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031," Crisil said. India, with a GDP size of

The three refiners had been in talks with Russia's Rosneft PJSC to secure about 500,000 barrels a day - equivalent to a third of India's daily imports

DoT working on grievance redress portal

Up to $3 bn inflows expected; they won't join Bloomberg Global Aggregate index

Flags governance concerns; Order special audit

VRRR auction gets weak response

The survey polled around 400 companies in transport, information, communication, finance, insurance, real estate, non-retail consumer and business services

India is the world's third-largest crude importer and is forecast to be the leading driver of global consumption growth this decade

US investment firm BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday

Despite having slipped, the headline index was comfortably above the neutral mark of 50.0 and signalled a sharp rate of expansion that was well above the series history