Banking & Finance

Swiggy, an online food-delivery platform in India, is expanding services supported by the hefty US$1 billion investment from South African media group, Naspers.

Japan and India have signed and exchanged Notes and Loan Agreements as part of the Japanese’s funding aid for the three projects.

The government seeks Parliament approval for its proposal to enhanced bank recapitalization with Rs.65,000 crore to Rs.106,000 crore in the current financial year to propel economic growth, cementing India’s position as the fastest growing economy of the world.

India’s fast expanding civil aviation sector and the ongoing airport development programme has created a demand for 2,300 aero-planes over the next 20 years.India’s fast expanding civil aviation sector and the ongoing airport development programme has created a demand for...

Turkey’s Minister for Trade Ruhsar Pekcan hopes a Free Trade Agreement (FTA) between her country and India could be finalised soon to ensure sustainability in trade relations.

S&P Global Ratings has issued a cautious note on the Indian government’s increasing involvement in affairs of the central bank, saying it could undermine the hard-fought improvements in the banking system over the past few years.

Crisis created by the Non-Banking Financial Institution or Company (NBFC) is going to hold India’s real estate sector at gun-point in 2019, as it did in 2018, a year of veritable roller-coaster ride.

The Government has infused Rs.88,139 crore in Public Sector Banks (PSBs) during financial year (FY) 2017-18 as part of recapitalisation of Rs.2.11 lakh crore announced in October 2017.

There is a temporary reprieve from global risk-off catalysts (oil and dollar), but developments are still fluid as we head into 2019, writes Radhika Rao, DBS’ Economist for India, Thailand & Eurozone.

Finance Minister Arun Jaitley is confident that if the current growth rate is maintained and if India’s global position is retained, the economy will be able to get out of the range of 7-8% growth.