Economy
Indian entertainment park operator Imagicaaworld Entertainment is planning a major expansion programme worth up to 10 billion rupees ($103.6 million) over the next five to six years, as the company seeks to capitalize on growing demand for leisure and experience-based activities across the country. The......
The International Monetary Fund (IMF) has identified rising oil prices and the risk of a weak monsoon season as the two biggest threats to India's economic growth in the 2026/27 fiscal year, highlighting growing external and climate-related challenges for the world's fastest-growing major economy. According......
ICICI Bank reported a robust increase in first-quarter profit, surpassing market expectations as strong loan demand and lower provisions for potential bad loans boosted earnings. The results reinforce the strength of India's banking sector, where healthy credit growth and improving asset quality......
JSW Steel, India’s largest steel producer, reported stronger-than-expected quarterly earnings on Friday, benefiting from improved domestic steel prices and stable production volumes despite rising raw material costs. The Mumbai-based company posted consolidated net profit of 46.51 billion Indian......
India’s Shapoorji Pallonji Group has raised $650 million through its first-ever dollar-denominated debt issuance, marking a significant step in the conglomerate’s efforts to access global capital markets, according to sources familiar with the transaction. The fundraising represents the......
India and the United Kingdom have officially implemented their Comprehensive Economic and Trade Agreement (CETA), introducing significant tariff reductions and broader market access for businesses, professionals and investors in both countries. The agreement, which took effect on Wednesday, is expected......
India has secured nearly $10 billion in foreign currency inflows through a special deposit programme launched by the Reserve Bank of India (RBI), as authorities seek to reinforce foreign exchange reserves and support the stability of the Indian rupee, according to sources familiar with the matter. The......
Tata Consultancy Services (TCS) is significantly expanding its artificial intelligence strategy by creating a specialized workforce of up to 8,900 forward-deployed engineers while actively exploring acquisitions in AI, cybersecurity and data security to strengthen its technology portfolio. The initiative......
India's financial authorities are signalling a tougher stance on cryptocurrencies, with the country's central bank once again advocating policies that would effectively prohibit crypto assets while tax officials warn that offshore trading platforms present growing compliance challenges. Government......
Foreign investors have made a strong return to India's banking sector, with financial stocks attracting their largest fortnightly inflows in 14 months during the second half of June, supported by policy initiatives, attractive valuations and improving earnings expectations. Data released by the......
The Indian rupee is expected to remain under pressure against the U.S. dollar over the coming months, despite recent policy measures by the Reserve Bank of India (RBI) aimed at attracting foreign capital and strengthening the country's external position. According to a Reuters survey of currency......
India’s industrial production expanded by 5.1% year-on-year in May, supported primarily by a sharp increase in electricity generation, according to official government data released on Monday. The latest figure from India indicates a modest acceleration compared with the previous month, although......
Indian beauty and fashion retailer Nykaa has set an ambitious long-term growth target, aiming to surpass $5 billion in gross merchandise value (GMV) by the fiscal year 2030 as it continues to expand its presence in the fast-growing personal care and lifestyle market. The company, which has built a strong......
