India: News
13 Oct 2023
IsraelOperation Ajay brings back 212 Indians stranded in war-torn Israel
The first flight under Operation Ajay—a mission to repatriate Indian citizens stranded in Israel due to the ongoing conflict— carrying 212 passengers, including an infant, touched down in New Delhi on Friday morning.
12 Oct 2023
Consumer Price Index (CPI)Retail inflation in India drops to 5.02% in September
India's retail inflation, as measured by the Consumer Price Index (CPI), has dropped to 5.02% in September, according to data shared by the National Statistics Office (NSO).
12 Oct 2023
InfosysInfosys headcount declines for third consecutive quarter to 3.29 lakh
IT services giant Infosys, has seen its headcount drop for the third quarter (ending September 30) in a row, with a decrease of 7,530 employees in Q2.
12 Oct 2023
Reserve Bank Of India (RBI)RBI launches wholesale CBDC pilot in call money market
The Reserve Bank of India (RBI) has begun testing its central bank digital currency (CBDC) in the call money market, according to Moneycontrol.
12 Oct 2023
AccentureAccenture India to skip pay hikes and reduce promotions, bonuses
Accenture has made the tough call to hold off on pay raises for its employees in India and Sri Lanka in 2023, according to an email to employees from Managing Director Ajay Vij, as reported by Moneycontrol.
11 Oct 2023
BusinessIndia to impose restrictions on sugar exports: Here's why
India, the world's second-largest sugar producer, may soon impose restrictions on exports due to dry weather affecting cane crops.
11 Oct 2023
CanadaJaishankar holds secret meeting with Canadian FM amid diplomatic standoff
External Affairs Minister S Jaishankar held a secret meeting with Canadian Foreign Minister Melanie Joly in Washington days ago, the Financial Times reported.
11 Oct 2023
Adani GroupSEBI is investigating Adani Group's ties with Gulf Asia fund
India's market watchdog, the Securities and Exchange Board of India (SEBI), is looking into the connection between Adani Group and Gulf Asia Trade & Investment.
11 Oct 2023
NiftyCLSA makes a U-turn, upgrades India to 'overweight'
Global brokerage firm CLSA has given India an "overweight" status upgrade, bumping up its India portfolio allocation to 20% above the MSCI benchmark from a previous 40% "underweight" position.
11 Oct 2023
Walt DisneyBlackstone in talks for stake in Disney's Indian business
Blackstone, a private equity firm, is said to be in early talks with Walt Disney about acquiring a stake in the entertainment giant's Indian division.
11 Oct 2023
Central Board of Direct Taxes (CBDT)Direct tax collections in India surge 21.8% in FY24
India's direct tax collections have soared by 21.82% year-on-year, hitting Rs. 9.57 lakh crore in the current fiscal year (2023-24) up to October 9.
10 Oct 2023
VivoMoney laundering: ED arrests Vivo India executives, Lava International MD
The Enforcement Directorate (ED) on Tuesday arrested three executives of Chinese mobile maker Vivo Mobiles India, including a Chinese national, as part of its ongoing investigation into alleged money laundering and tax evasion.
10 Oct 2023
International Monetary FundIMF hikes India's growth forecast to 6.3%, lowers China's
The International Monetary Fund (IMF) has revised India's 2023-24 growth forecast from 6.1% to 6.3%, thanks to "stronger-than-expected" consumer spending in the April-June quarter.
10 Oct 2023
ChinaIndia needs to target 8% growth to outpace China: Barclays
India needs to achieve an annual growth rate of 8% to overtake China as the largest contributor to the global economy, says Barclays Plc.
10 Oct 2023
United Nations General AssemblyUNGA chief Dennis Francis hopeful about India's permanent UNSC seat
United Nations General Assembly (UNGA) President Dennis Francis has expressed confidence in India's ability to become a permanent member of the United Nations Security Council (UNSC), ANI reported on Tuesday.
09 Oct 2023
Reserve Bank Of India (RBI)Fintech industry to gain self-regulatory organization in 3-6 months
The fintech and digital lending companies are gearing up to create a self-regulatory organization (SRO) within the next 3-6 months, as per insiders involved in discussions with the Reserve Bank of India.
09 Oct 2023
Goldman SachsGoldman Sachs predicts Indian government will curb investments
Goldman Sachs forecasts a decrease in the Indian government's investment spending in the coming years as it works to reduce its budget deficit.
09 Oct 2023
VinFastVinFast explores acquisition of Ford's Chennai factory for India debut
Vietnamese electric vehicle (EV) maker VinFast is eyeing Ford's factory in Chennai, India, as part of its global expansion plans, Autocar has reported.
09 Oct 2023
Justin TrudeauNijjar row: Trudeau discusses India-Canada issue with UAE president
In an interesting development, Canadian Prime Minister Justin Trudeau has confirmed discussing the ongoing India-Canada diplomatic row with United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan on Sunday.
07 Oct 2023
United KingdomKhalistanis tortured me, UK police took no action: Sikh businessman
A Sikh restaurant owner based in London, United Kingdom, Harman Singh Kapoor, reportedly said that he had been dealing with threats and attacks from alleged Khalistani supporters for nearly nine months.
06 Oct 2023
Reserve Bank Of India (RBI)RBI proposes card-on-file tokenization for enhanced security: What it means
The Reserve Bank of India (RBI) is looking to implement card-on-file tokenization (CoFT) at the issuer-bank level, aiming to boost security and convenience for customers.
06 Oct 2023
BusinessAmid global downsizing, Barclays turns to India for key hires
Barclays is making moves in India, hiring dealmakers despite cutting 300 jobs worldwide in its corporate and investment banking sectors, reported Bloomberg.
06 Oct 2023
5G TechnologyIndia's 5G roll-out among fastest in the world: Nokia CEO
India is making impressive progress in its 5G network roll-out, with Nokia President and CEO Pekka Lundmark, revealing that the country ranks among the top three nations with the largest 5G installed base.
05 Oct 2023
Reserve Bank Of India (RBI)RBI expands UDGAM portal to include 23 more banks
The Reserve Bank of India (RBI) has expanded its Unclaimed Deposits - Gateway to Access Information (UDGAM) portal by adding 23 more banks.
04 Oct 2023
Pollution Control BoardAir pollution report: India's cleanest and most polluted cities
Delhi is the most polluted city in India, followed by Patna and Muzaffarpur. These cities are part of the Indo-Gangetic plains, indicating that air quality over the plains is below average.
04 Oct 2023
Gaming BytesBGMI-maker Krafton announces incubator for Indian gaming start-ups
Krafton, the mastermind behind the hit game BGMI, has launched the Krafton India Gaming Incubator (KIGI). This will bolster and broaden India's gaming landscape.
04 Oct 2023
CanadaCanada requests 'private talks' with India to settle diplomatic row
Amid the growing diplomatic dispute between India and Canada over the killing of a Khalistani leader, Canadian Foreign Minister Melanie Joly on Tuesday (local time) stressed the need for a "strong diplomatic footprint" in India during these challenging times, per Reuters.
03 Oct 2023
BusinessGodrej family to split Rs. 1.76 lakh crore conglomerate
The Godrej family, known for controlling a massive Rs. 1.76 lakh crore business empire, is reportedly moving towards a friendly separation.
03 Oct 2023
LifestyleExploring India's ancient towns and their timeless charm
Ancient civilizations have left behind signs of their presence in the shape of towns and communities that have withstood the test of time, weaving their threads into India's rich tapestry of history.
03 Oct 2023
World BankWorld Bank keeps India's GDP growth unchanged at 6.3%
The World Bank has opted to retain the economic growth forecast for India at 6.3% in the fiscal year (FY) 2023-24, despite the nation grappling with significant external challenges, Economic Times reported.
03 Oct 2023
CanadaIndia asks Canada to downsize diplomatic presence: Report
India has asked Canada to withdraw over two dozen diplomats, citing Ottawa's lack of cooperation in Khalistani terror investigations as the main reason, News18 reported, quoting official sources.
02 Oct 2023
CanadaNot defending Nijjar, but Canada: Trudeau's aide
Canadian Prime Minister Justin Trudeau's close aide, Liberal Party MP Sukhminder Singh Dhaliwal, has said their government "won't tolerate any attack" on its citizens, News18 reported.
02 Oct 2023
BusinessSanjeev Sanyal calls for globally recognized ESG standards
Speaking at the Africa Partnership Conference in Mauritius, Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister, stressed the importance of clear Environmental, Social, and Governance (ESG) norms.
02 Oct 2023
5G TechnologyIndia climbs to 47th in 5G Speedtest Global Index
India has soared up the Speedtest Global Index, leaping 72 spots to land at 47th place in Q3 2023, thanks to the arrival of 5G technology.
01 Oct 2023
G20 SummitIndia's MICE tourism less than 1% of global convention business
Despite striving to improve its infrastructure for Meetings, Incentives, Conferences, and Exhibitions (MICE), India holds less than one percent of the world's share in this growing industry, IANS reported, citing a recent report by a high-level Parliamentary committee.
30 Sep 2023
ArgentinaIndia, Argentina sign 'Social Security Agreement' for workers
India and Argentina inked a "Social Security Agreement (SSA)" on Friday to safeguard the legal rights of professionals employed in each other's nations, The Hindu reported.
29 Sep 2023
BusinessIndia's April-August fiscal deficit increases to Rs. 6.43 lakh crore
In the first five months of this financial year through August, India's fiscal deficit has grown to Rs. 6.43 lakh crore, which is 36% of the annual target of Rs. 17.87 lakh crore.
29 Sep 2023
United States of AmericaJaishankar, US state secretary discuss strengthening ties amid India-Canada row
External Affairs Minister S Jaishankar met with United States (US) Secretary of State Antony Blinken in Washington on Thursday and discussed strengthening bilateral ties between India and the US.
28 Sep 2023
BengaluruBengaluru's tech corridor traffic congestion costs $15 billion annually
Traffic congestion in Bengaluru's tech corridor, which spans 17km between KR Puram and Central Silk Board, costs a whopping $15 billion per year.
11 Jul 2019
IndiaFamous Indian doctors who became entrepreneurs
Being a doctor doesn't only give one the blessing of saving lives but also an opportunity to cater to the masses at a time by being a healthcare entrepreneur.