India: News

23 Dec 2023

Stock Market

FPIs pump over Rs. 57,000cr into Indian equities in December 

In December, foreign portfolio investors (FPIs) made a significant turnaround, becoming net buyers in India's stock market after a selling streak in November.

23 Dec 2023

Bharat Stage 6

India's BS6 and BS6 Phase 2 emission norms, explained

India made a significant stride toward cleaner air by adopting the BS6 emissions standards, bypassing the BS5 regulations.

23 Dec 2023

France

France grounds plane carrying 303 Indians over 'human trafficking' suspicions

France grounded a Nicaragua-bound charter flight carrying as many as 303 Indian passengers on Friday over suspected human trafficking.

India's forex reserves jump $9bn to nearly $616bn 

India's foreign reserves jumped by $9.11 billion, hitting $615.97 billion for the week ending December 15, according to the Reserve Bank of India (RBI).

22 Dec 2023

Technology

India's data centers to cross 1 GW capacity by 2024-end

A study by Cushman and Wakefield forecasts that India's total data center capacity will surpass 1 GW in 2024.

22 Dec 2023

Canada

Space given to terrorists: India after Trudeau's 'tonal shift' remark

Amid the ongoing diplomatic row, India has voiced its apprehension over Canada's alleged tolerance of terrorists and extremists.

22 Dec 2023

Academy Awards

Individuals who made India proud with outstanding achievements in 2023 

The canvas of 2023 is painted with brilliance as India witnessed exceptional achievements by its citizens on the global stage.

21 Dec 2023

Climate Change

India's climate action: Efforts toward sustainability & climate change mitigation

In the era of rising mercury and frequent natural disasters, India is actively engaged in climate action, demonstrating a strong commitment to sustainability and mitigating climate change.

21 Dec 2023

Startups

India's start-up ecosystem: Tracing its growth and challenges in 2023

India's start-up ecosystem has undergone a transformative journey over the past decade.

21 Dec 2023

Papua New Guinea

India sends Papua New Guinea relief supplies after volcanic eruption

India is sending Humanitarian Assistance and Disaster Relief (HADR) supplies to the people of Papua New Guinea in the wake of the recent volcanic eruption.

Decoding India's economic growth: Key contributing sectors and future outlook

India's economic performance has been impressive lately, marked by a solid 7.8% growth in the first quarter and sustained momentum with a strong 7.6% growth in the second quarter of the current fiscal year.

20 Dec 2023

SpiceJet

Mumbai-based couple acquires 19% stake in SpiceJet for Rs. 1,100cr

Mumbai-based entrepreneur Harihara Mahapatra and his wife Preeti will acquire a 19% stake in budget airline SpiceJet, investing Rs. 1,100 crore.

UPI transactions reach Rs. 17.4 lakh crore this December

Reserve Bank of India (RBI) has disclosed in its monthly bulletin that transactions via Unified Payments Interface (UPI) reached Rs. 17.4 lakh crore in December 2023.

20 Dec 2023

Red Carpet

Astonishing red carpet fashion moments of 2023 celebrated in India

The year 2023 unfolded a mesmerizing fashion tapestry on the Indian red carpet, where global stars and Bollywood icons showcased their style prowess.

20 Dec 2023

Startups

ShareChat lays off 200 employees in a cost-cutting move

ShareChat, a prominent social media platform, has announced the layoff of nearly 200 employees, which accounts for 15% of its workforce.

20 Dec 2023

Finance

Indian companies' dollar bond fundraising hits 14-year low: Here's why

In 2023, Indian companies experienced their lowest dollar bond fundraising since 2009, raising a mere $4.1 billion through six bond issues.

Top IPOs to look out for in India right now

The stock market in India has touched new highs today and is showing a great response to initial public offerings (IPOs).

Unclaimed deposits with banks rise to Rs. 42,270cr in FY23

Unclaimed bank deposits in India have seen a 28% yearly increase, reaching Rs. 42,270 crore as of March 2023, according to data shared with Parliament on Tuesday.

19 Dec 2023

Google Maps

Google Maps introduces India-first feature called Address Descriptor

Google Maps is introducing a variety of updates in India, such as Lens in Maps, Live View walking navigation, and fuel-efficient routing.

19 Dec 2023

Uber

Uber introduces 'Round Trip' for Intercity: How to book

Uber has rolled out a new feature called "Round Trip" for its long-distance service, Intercity, in India.

IMF forecasts 6.3% growth for India's economy this fiscal year

The International Monetary Fund (IMF) predicts India's economy will grow by 6.3% this fiscal year and next, thanks to digital public infrastructure and a robust government infrastructure program.

18 Dec 2023

China

China launches new spy satellite: What are secret mission's objectives

China reportedly launched a classified "spy satellite," Yaogan-41, on Friday using a modified Long March 5 launcher, the country's largest launch vehicle.

18 Dec 2023

Stock Market

FPIs made purchases worth $15bn in Indian equities this fortnight

In the first half of December, foreign portfolio investors (FPI) made purchases in Indian equities worth Rs. 42,733 crore, National Securities Depository data showed.

18 Dec 2023

Apple

Smaller cities account for 60% of Apple's sales in India

Over 60% of Apple's sales in India—particularly iPhones—now come from smaller tier-2 and tier-3 cities, per The Economic Times.

18 Dec 2023

Business

Hospitals to be top growth sector for FY24-26, says Jefferies

India's healthcare industry is poised for significant growth, with hospitals expected to see a considerable increase in capacity and net income, according to a recent Jefferies report.

18 Dec 2023

Goldman Sachs

Goldman Sachs expands credit business in India: Here's why

Goldman Sachs is gearing up to broaden its credit business in India, reported Bloomberg.

16 Dec 2023

Bharat NCAP

Bharat NCAP crash test results to be disclosed soon: Report

The first round of crash testing under India's Bharat New Car Assessment Programme (BNCAP) has reportedly been wrapped up.

India's forex reserves reach 4-month high of $607 billion

India's forex reserves have experienced a boost, rising by $2.816 billion to reach a four-month high of $606.859 billion during the week ending December 8.

15 Dec 2023

Business

Trade in November: Exports dip by 2.83%, imports down 4.33%

India saw a decrease in its merchandise trade deficit to $20.58 billion in November.

15 Dec 2023

Zee

No stay on Zee-Sony merger, case hearing on January 8

The National Company Law Appellate Tribunal (NCLAT) has decided not to halt the merger between Sony and Zee Entertainment Enterprises Limited (ZEEL).

15 Dec 2023

Hardeep Singh Puri

India will buy Venezuelan oil, confirms Oil Minister Hardeep Puri

India is set to purchase Venezuelan oil, as announced by Minister of Petroleum and Natural Gas Hardeep Singh Puri on Friday.

Coal consumption peaks in 2023; decline likely next year onward

The International Energy Agency (IEA) predicts that global coal consumption will start to decrease in 2024 after reaching its peak this year.

15 Dec 2023

Bharat NCAP

Bharat NCAP: India's first crash assessment program begins testing today

India's indigenous car crash assessment program, Bharat NCAP, will start testing cars today.

14 Dec 2023

Russia

India's Russian oil imports hit 4-month peak in November

India saw a significant increase in oil imports from Russia in November, reaching a four-month high of 16 lakh barrels per day (bpd).

14 Dec 2023

Inflation

Wholesale price inflation at 8-month high, touches 0.26% this November

India's wholesale price inflation climbed to 0.26% in November.

14 Dec 2023

GST

Foreign airlines to pay GST demands on cross charges

Foreign airlines including British Airways, Etihad, and Emirates have received Goods and Services Tax (GST) demand notices related to cross charges.

14 Dec 2023

Christmas Day

Christmas 2023: Visit these Indian destinations for unforgettable celebrations

As the festive season approaches, the merry spirit of Christmas permeates the air throughout India.

Ill-informed: India rejects OIC's statement on Article 370 verdict

India on Wednesday dismissed a statement from the Organisation of Islamic Cooperation (OIC) expressing concern over the Supreme Court's ruling upholding the abrogation of Article 370, which gave special status to Jammu and Kashmir (J&K).

13 Dec 2023

Mercedes-Benz

Mercedes-Benz India announces 2% price hike starting January 1

Mercedes-Benz has announced that starting January 1, 2024, it will raise the prices of select cars in India by up to 2%.

13 Dec 2023

Food

India claims the 11th spot in global cuisine rankings

Food guide TasteAtlas has released the list of the best cuisines in the world. And guess what? Indian cuisine is ranked 11th on the list, surpassing big names like American, Thai, and even Korean cuisine.