business news

NEW DELHI: The timing couldn’t have been more symbolic. Seventy-five years after it attained freedom at midnight, India now has an economy larger than that of its erstwhile colonial master. India has overtaken the UK to emerge as the…

NEW DELHI: India's exports contracted by 1.15% to USD 33 billion and trade deficit more than doubled to USD 28.68 billion in August, a preliminary data released by the commerce ministryshowed on Saturday. Trade deficit in August 2021…

NEW DELHI: India is likely to get the tag of 3rd largest economy by 2029, the State Bank of India(SBI) said in a research report released on Saturday. India’s GDP growth in Q1 FY23 was 13.5% and at this rate, India is likely to be the…

MUMBAI: India has undergone a large structural shift since 2014 and is now the 5th largest economy overtaking the United Kingdom. India would surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth, State Bank…

MUMBAI: Former members of the Insurance Regulatory and Development Authority of India (Irdai) fear that the regulator's proposal to grant flexibility to insurers on commissions might result in them passing on related costs to …

Shell has shortlisted candidates to succeed CEO Ben van Beurden, who is preparing to step down in 2023 after 40 years at the company, Reuters reported on Friday, citing two unidentified people from the company. The 64-year-old has…

MUMBAI: Nudged by the Reserve Bank of India (RBI) and the government, banks are making an all-out effort to increase public awareness to check the rise of online fraudsters. With digital transactions becoming simpler and mainstream,…

NEW DELHI: Lambrettais all set to make a comeback to India. Long before it faded into oblivion in the mid-70s, the Italian brand, which had become popular along with Vespa and Bajaj, had made deep inroads into India. The brand was a…

MUMBAI: Mukesh Ambani-owned Reliance Life Scienceshas earmarked Rs 2,500 crore over the next two years for developing innovative gene therapies and vaccines, as well as capacity expansion. In one of its largest investments since its…

MUMBAI: RBI governor Shaktikanta Das said that the central bank will ensure that "the growth sacrifice" will be minimum in its battle against inflation. In an interview with Zee Businesson Friday, Das said that the RBI has stated that…