India's external debt of $620bn is sustainable: Finance Ministry report

India's external debt of $620bn...

​India's external debt of $620.7 billion, as at end of March 2022, is...

Niti Aayog in two minds on PMGKAY extension

​Though the government has not yet taken any decision on extending the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beyond its September 30 deadline,...

Moody's cuts India's 2022 GDP growth forecast

Moody's Investors Service expects India's GDP growth to slow from 8.3% in 2021 to 7.7% in 2022 and to decelerate further to 5.2% in 2023. In March, Moody's...

Mukesh Ambani outlines Next-Gen leadership roles at Reliance Industries

The 45th annual general meeting of Reliance Industries Limited (RIL) has set the stage for Next-Gen leadership. Mukesh Ambani, Chairman and Managing Director of RIL, laid emphasis on Next-Gen leadership roles while he will continue to provide...

JP Morgan India arm signs lease pact for 1.16 million sq ft office space in Mumbai

US financial services major JP Morgan has picked up over 1.16 million sq ft office space at Nirlon Knowledge Park in Goregaon suburb of Mumbai through a long-term lease of over 10 years with an option of extending the same by additional 10 yea

Credit growth outpaced deposit growth of banks in June: RBI

Credit growth outpaced deposit growth of banks in June: RBI

​Credit growth outpaced deposit growth for commercial banks in June,...

RBI lifts business curbs imposed on American Express Banking Corp

RBI lifts business curbs imposed on American Express...

The Reserve Bank of India (RBI) has lifted the business restrictions imposed...

TCS to introduce 100% variable pay for employees

TCS to introduce 100% variable pay for employees

​Days after reports surfaced that information technology (IT) firm...

Govt simplifies overseas investment rules to ensure ease of doing business

​The government has simplified the overseas investment rules with the aim of enhancing the 'ease of doing business' sentiment. It has simplified the existing framework for overseas investment by

FPIs turn net buyers in debt nearly after six months

Foreign Portfolio Investors (FPIs) turned net buyers of debt so far in August nearly after six months due to cooling of oil prices, easing of inflationary pressure, manageable deficits to buoyant tax collections.

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