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Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

Economy

18 June, 2024

Fitch Ratings raises India's 2024-25 GDP forecast to 7.2%

India is expected to grow by 7.2% in the current fiscal year, stronger than earlier expected, with its central bank ......

SEBI plans tweaks to address derivative trading risks

Markets

18 June, 2024

SEBI plans tweaks to address derivative trading risks

India's markets regulator is considering a series of tweaks to its derivative trading rules, according to two sources, as it ......

Indian consumer demand could be under pressure as early monsoon below normal

Consumer

17 June, 2024

Indian consumer demand could be under pressure as early monsoon below normal

India's monsoon has delivered a fifth less rain than normal so far this season, the weather department said on Monday, ......

Govt considering personal tax rate cuts to boost consumption

Economy

17 June, 2024

Govt considering personal tax rate cuts to boost consumption

The Indian government is considering lowering personal tax rates for certain categories of individuals, which could help boost consumption in ......

Hyundai Motor India files for IPO, could be country's biggest

Manufacturing

17 June, 2024

Hyundai Motor India files for IPO, could be country's biggest

Hyundai Motor's India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the ......

ADIA teams up with Advent International to buy into US money manager

Finance

17 June, 2024

ADIA teams up with Advent International to buy into US money manager

Fisher Investments on Sunday said U.S.-based private equity firm Advent International and a unit of the Abu Dhabi Investment Authority ......

PSU, energy stocks drive Sensex, Nifty to record high for second session

Finance

14 June, 2024

PSU, energy stocks drive Sensex, Nifty to record high for second session

Indian shares logged record closing highs for a second straight session on Friday, driven by state-run companies and energy stocks ......

Hyundai may sell up to 17.5% stake in India unit via IPO

Manufacturing

14 June, 2024

Hyundai may sell up to 17.5% stake in India unit via IPO

South Korea's Hyundai Motor is looking to sell a stake of up to 17.5% in the planned initial public offering ......

Vodafone Group looking to sell stake in Indus Towers

TMT

14 June, 2024

Vodafone Group looking to sell stake in Indus Towers

Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals ......

Edmond de Rothschild to open Saudi office, launch debt platform

Finance

14 June, 2024

Edmond de Rothschild to open Saudi office, launch debt platform

Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi ......