India: News
India, officially known as the Republic of India is the 7th largest country in the world and the 2nd most populous with a population of 1.2 billion people, and is expected to take over China’s population by 2022. Located in South Asia, India is surrounded by Indian Ocean in the South, Bay of Bengal on the southeast, and the Arabian Sea on the southwest.
24 Jul 2024
MoonWatch: Saturn's 'lunar occultation' to grace Indian skies after 18-yrs
Indian skywatchers are in for a unique celestial spectacle tomorrow.
24 Jul 2024
OTT releasesOTT push: India's video market to touch $13B by 2028
India's video market is transforming, with online video-on-demand (VoD) content, expected to drive half of the new revenue growth.
23 Jul 2024
Nirmala SitharamanCentre will offer you ₹15,000 if you are a fresher
Finance Minister Nirmala Sitharaman has announced an interesting policy for first-time employees, in Union Budget 2024.
22 Jul 2024
United States of AmericaIndia's electronics exports to US hit $8.7B, led by smartphones
India's net electronics exports to the United States have soared, reaching a staggering $8.7 billion in FY24, according to the Economic Survey 2024.
22 Jul 2024
Reserve Bank Of India (RBI)How RBI works with other countries to make UPI global
The Reserve Bank of India (RBI) is partnering with multiple countries, to globalize the Unified Payments Interface (UPI), as revealed in the Economic Survey 2023-2024.
22 Jul 2024
ParliamentIndia's renewable energy sector eyeing ₹30.5L crore investment by 2030
India's renewable energy sector should draw a staggering ₹30.5 lakh crore in investments between 2024 and 2030, as per the Economic Survey 2023-24 presented in Parliament today.
21 Jul 2024
FinanceGodrej Consumer Products spent over ₹1,000cr on advertising in FY24
Godrej Consumer Products Ltd (GCPL) has ramped up its advertising investment by 47% to ₹1,011 crore in FY24.
21 Jul 2024
FinanceMother Dairy eyes ₹17,000cr turnover in FY25 amid rising demand
Mother Dairy, a prominent milk supplier, is targeting a 13% increase in its turnover to ₹17,000 crore this fiscal year.
21 Jul 2024
Foreign InvestmentForeign investment in Indian equities touches ₹30,772 crore this July
Foreign investors have infused a whopping ₹30,772 crore into Indian equities in July, according to Himanshu Srivastava, Associate Director -Manager Research at Morningstar Investment Research India.
19 Jul 2024
SmartphonesIndian smartphone market witnessed only slight uptick in Q2 2024
The Indian smartphone market saw a modest growth of 1% in the second quarter of 2024, with shipments totaling 36.4 million units, according to research by Canalys.
19 Jul 2024
NetflixIndia emerges as second-largest market for Netflix in Q2
India has emerged as the second-largest market for Netflix in terms of net paid subscriber growth, contributing to the addition of over eight million new global subscribers in the second quarter.
17 Jul 2024
SuzukiHow Suzuki's 10-year global tech strategy will impact industry, customers
Suzuki has disclosed a decade-long technology strategy aimed at developing lightweight vehicles with smaller batteries, including electric models.
17 Jul 2024
MG MotorJSW-MG Motor joint venture to launch 5 cars by 2025
JSW Group and MG Motor will launch their first car, a crossover utility vehicle (CUV) named the Cloud EV, this Diwali.
17 Jul 2024
ChinaAmid China concerns, Taiwanese firms redirect supply chains to India
Taiwanese firms are increasingly relocating their supply chains from China to India, a move driven by escalating global trade tensions, particularly between the US and China.
17 Jul 2024
National Education PolicyHow brain drain costed India a whopping $6 billion
India's current account balance has been hit by a $6 billion deficit, largely due to the increasing trend of Indian students seeking education at foreign universities.
14 Jul 2024
XiaomiXiaomi India's profit drops 77% to ₹239 crore in FY23
Chinese smart device manufacturer, Xiaomi, has experienced a significant drop in its profits for the fiscal year (FY) 2022-23 in India.
14 Jul 2024
Union BudgetFPIs inject ₹15,352 crore into Indian equities this July
Foreign portfolio investors (FPIs) have funneled ₹15,352 crore into Indian equities during the initial two weeks of July, as per depository data.
13 Jul 2024
Stock Market₹10,000-2.7L in 10 years: This stock can supercharge your portfolio
Caplin Point Laboratories, a company specializing in the development and marketing of generic formulations, has seen a remarkable 2,767% increase in its stock value over the past 10 years.
13 Jul 2024
OlympicsOlympics: A look at India's medal haul in athletics
The 33rd Summer Olympics edition will be underway on July 26 in Paris, the capital of France.
12 Jul 2024
Reserve Bank Of India (RBI)India's forex reserves up $5B in first week of July
India's foreign exchange reserves have seen a substantial surge of $5.158 billion, reaching a total of $657.155 billion for the week ending July 5, according to the Reserve Bank of India (RBI).
12 Jul 2024
InflationIndia's retail inflation touches 5-month high of 5.1% this June
India's retail inflation rose to 5.08% in June, marking the first increase in five months, according to government data. This exceeds the previous month's 12-month low of 4.75%.
09 Jul 2024
Narendra ModiMoscow: PM Modi conferred with Russia's top civilian honor
Prime Minister Narendra Modi on Tuesday formally received Russia's highest civilian honor, the Order of St. Andrew the Apostle the First-Called, in Moscow.
08 Jul 2024
Telecom Regulatory Authority of India (TRAI)TRAI update: More choice and control for TV viewers
The Telecom Regulatory Authority of India (TRAI) has announced amendments to the regulatory framework, for broadcasting and cable services.
08 Jul 2024
CitibankIndia's job growth rate doubles to 6% in FY24
India provisionally added 46.7 million jobs in the financial year ending March 2024, as per a report by the Reserve Bank of India (RBI) released on Monday.
08 Jul 2024
Indian OceanIndia's advanced underwater lab to catalog deep-sea flora and fauna
India plans to establish a technologically advanced underwater biodiversity research lab in the Indian Ocean.
06 Jul 2024
Initial Public Offering (IPO)IPO market booms: Q2 2024 raises record $4.2 billion
The second quarter of 2024 witnessed a significant surge in the size of initial public offerings (IPOs).
05 Jul 2024
Rishi SunakWhat Keir Starmer's poll win means for UK-India relations
Britain's Labour Party swept to power on Friday after over a decade in opposition—marking the party's return to government less than five years after its worst defeat in nearly a century.
03 Jul 2024
Reliance JioJio, Airtel raise prices today: Here's all about new plans
Reliance Jio and Bharti Airtel, two of India's leading telecom companies, have announced a significant price hike on their data packs.
30 Jun 2024
FinancePunjab & Sind Bank announces ₹2,000 crore fundraising plan
Punjab & Sind Bank is set to raise ₹2,000 crore in the second half of this fiscal year (FY) through a Qualified Institutional Placement (QIP).
30 Jun 2024
MonsoonPreparing for monsoon driving in India: 5 essential car accessories
As the monsoon season looms in India, motorists are gearing up their vehicles for the impending rains.
30 Jun 2024
ChinaUS-based Matrix rebrands India, China units for market clarity
Matrix, a US-based venture capital firm, has announced plans to rebrand its affiliates in India and China.
29 Jun 2024
CybercrimesIndia is top target for hackers, faces 2,900 attacks weekly
India is witnessing a significant surge in cybercrimes, with an average of 2,924 attacks on organizations reported weekly over the past six months.
28 Jun 2024
JP MorganIndia enters JP Morgan Bond Index: What is its significant
India has officially become a part of the J.P. Morgan GBI-EM Global Series of indices, a move that could potentially lead to an inflow of $25-30 billion into the country.
27 Jun 2024
5G TechnologyIndia's 5G user base to hit 840 million by 2029
India is expected to witness a significant surge in its 5G user base, reaching approximately 840 million by the end of 2029, as per the latest report from Ericsson Mobility.
26 Jun 2024
StartupsAccel focusing on rural India in search for next unicorns
Accel, a prominent investor in Indian e-commerce and marketplace start-ups, is redirecting its investment focus toward smaller towns and villages in India.
25 Jun 2024
Reserve Bank Of India (RBI)India's external debt climbs to $663.8 billion in March 2024
India's external debt has seen a significant rise, reaching $663.8 billion at the end of March 2024, as per a statement released by the Reserve Bank of India (RBI) today.
25 Jun 2024
Artificial Intelligence and Machine LearningIndia plans $6 billion investment in GenAI by 2027
India is tipped to invest over $6 billion in generative AI (GenAI) by 2027, as per a report from the International Data Corporation (IDC).
25 Jun 2024
Department of Telecommunications (DoT)India gears up for spectrum auction worth over ₹96,300 crore
India is set to kick off its spectrum auction today, with airwaves valued at a whopping ₹96,317.65 crore up for grabs.
25 Jun 2024
XiaomiXiaomi plans to set up manufacturing units in India
Chinese smartphone giant, Xiaomi, is in talks with partners to set up manufacturing units in India, to boost local sourcing of handset components.
24 Jun 2024
Reserve Bank Of India (RBI)India's foreign gold reserves hit lowest level in 6 years
India's overseas gold reserves have hit a six-year low, with the Reserve Bank of India (RBI) transferring large quantities of the precious metal back to domestic vaults.
24 Jun 2024
Hero MotoCorpHero MotoCorp to implement price hike from July 1
Hero MotoCorp, the world's leading two-wheeler manufacturer, has announced a price increase across its entire range of bikes and scooters in India starting July 1, 2024.
24 Jun 2024
JP MorganJPMorgan India CEO Prabdev Singh resigns before term completion
Prabdev Singh, the Chief Executive Officer of JPMorgan Chase & Co.'s bank in India, has resigned before his term ended.
24 Jun 2024
Securities and Exchange Board of IndiaQuant Mutual Fund responds to SEBI's probe, assures full cooperation
Quant Mutual Fund, established by Sandeep Tandon, has clarified to its investors following allegations of front-running by the Securities and Exchange Board of India (SEBI).
24 Jun 2024
Mutual FundsGroww faces accusations of investment fraud, takes remedial steps
A customer has accused financial services platform, Groww, of fraudulent practices, alleging that her investment was incorrectly processed.
24 Jun 2024
MetaMeta AI now rolling out to all Indian users
Meta began testing its AI chatbot, Meta AI, in India during elections.
20 Jun 2024
SwitzerlandIndian funds in Swiss banks plummet ₹9,771 crore in 2023
Funds held by Indian individuals and companies in Swiss banks have significantly decreased by 70% in 2023.
20 Jun 2024
Employees Provident Fund Organization (EPFO)EPFO records highest-ever monthly addition of 18.92L members in April
The Employees Provident Fund Organisation (EPFO) has reported a record-breaking addition of 18.92 lakh members in April 2024.
20 Jun 2024
GoogleCERT-In issues high-risk vulnerability warning to Google Chrome users
The Indian Computer Emergency Response Team (CERT-In) has sounded an alarm over high-risk vulnerabilities in Google Chrome.
20 Jun 2024
Travel And TourismIndians spent $30 billion on overseas travel in 2 years
Wealthy Indians have spent a staggering $30 billion on overseas travel in the past two years, according to data from the Liberalised Remittance Scheme (LRS) analyzed by Moneycontrol.
20 Jun 2024
Mutual FundsIndia's first EV and new-age automotive ETF debuts next week
Mirae Asset Mutual Fund has declared the launch of India's first Exchange Traded Fund (ETF) dedicated to electric vehicles (EV) and the new-age automotive sector.
20 Jun 2024
Government of IndiaIndian banks face ATM shortage, seek RBI and government intervention
Indian banks are facing a significant shortage of automated teller machines (ATMs), prompting appeals to the Centre and the Reserve Bank of India (RBI), according to The Economic Times.
20 Jun 2024
FinanceGeneral Catalyst merges with Venture Highway to expand in India
Silicon Valley-based venture capital group, General Catalyst, is merging with Indian venture firm, Venture Highway.
20 Jun 2024
SUV CarsSUV demand fuels 19% growth in Indian auto industry valuation
The Indian automobile industry has seen a significant 19% increase in value during the financial year 2023-24, reaching ₹10.22 lakh crore.
19 Jun 2024
Foreign InvestmentIndia anticipates decade-high $2 billion bond inflows this month
India is preparing for a significant surge in foreign inflows into its bonds, expected to reach a decade-high of $2 billion around June 28.
19 Jun 2024
MetaMeta AI lifts restrictions on election-related queries in India
Meta has removed restrictions on election-related queries through its Meta AI chatbot in India, following the conclusion of the election process and the start of the new government's tenure.
19 Jun 2024
BusinessProxy firm advises against Gautam Singhania's reappointment at Raymond
Institutional Investor Advisory Services (IiAS), a prominent proxy advisory firm, has publicly opposed the reappointment of Gautam Singhania, as Chairman and Managing Director of Raymond.
19 Jun 2024
StartupsDelta Corp shares soar on reports of potential GST waiver
Shares of online gaming company Delta Corp, hit a five-month high on Wednesday, following reports that the GST Council may consider an amendment to the CGST Act.
19 Jun 2024
Air IndiaAir India's domestic flights getting premium economy class this July
Air India has announced the introduction of a premium economy class on certain domestic routes, starting in July.
19 Jun 2024
GSTGST Council may propose amendment to nullify retrospective tax demands
The Goods and Services Tax (GST) Council is contemplating an amendment to the Central Goods and Services Tax (CGST) Act, 2017.
19 Jun 2024
WeWorkWeWork gets CCI approval to exit Indian co-working market
The Competition Commission of India (CCI) has given its approval to WeWork, a US-based co-working space firm, to sell its entire 27.5% ownership in its Indian division.
18 Jun 2024
Electric VehicleseBikeGo eyes EV two-wheeler fleet expansion to 1 lakh
eBikeGo, an electric vehicle rental service, has announced plans to expand its electric two-wheeler fleet to one lakh units by FY26.
18 Jun 2024
SwiggySwiggy Instamart joins hands with Hamleys for 10-minute toy deliveries
Swiggy Instamart, the well-known quick commerce delivery platform, has announced a strategic partnership with Hamleys, the globally recognized toy retailer.
18 Jun 2024
JeepJeep to launch Citroen C3-based SUV in India by 2027
Stellantis, the parent company of Jeep, has announced the development of a new-generation Jeep Renegade. The model is set to hit the market by 2027.
18 Jun 2024
GoogleGoogle's AI-backed Gemini app now supports 9 Indian languages
Google has announced the expansion of its AI-backed mobile app, Gemini, to India.
17 Jun 2024
Indian GovernmentNew fuel efficiency norms may hike car prices in India
The Bureau of Energy Efficiency (BEE) in India has proposed new Corporate Average Fuel Efficiency (CAFE) rules, which could lead to a rise in car prices.
17 Jun 2024
NissanNissan's upcoming SUV to outshine Renault Duster in India
Nissan and Renault are joining forces to develop midsize SUVs, with plans to launch them in India by 2025.
17 Jun 2024
JeepStellantis cancels next-generation Jeep Compass for India: Here's why
Stellantis, the fourth-largest automaker globally, has announced the cancellation of its next-generation Jeep Compass project, codenamed J4U, in India.
