While it has built up a healthy stock of currency reserves, its huge population of 1.4 billion means it still has the lowest prosperity level of any investment grade country when measured by GDP per capita of $2,164.
Welcoming the RBI's move to slash key interest rate by 0.25 per cent, India Inc today said it will improve the cost of credit, even as it pointed out that the time was opportune for the apex bank to go for a bolder 50 basis p
India Inc today said the country's economic recovery seems to be on right course with GDP projected to grow at a 5-year high of 7.6 per cent in 2015-16 and hoped the growth will further improve in coming days.
Even as revival in earnings for India Inc is being termed as the factor that will lead the turnaround of stock markets going forward, the quarter ended December 2015 seems to be another quarter lost on that account.
Experts are confident the buoyancy will continue and may even turn stronger in the new year when it comes to raising funds through issuance of bonds and stocks that the companies need for their business expansion and for part
There were 47 M&A transactions worth USD 2.97 billion in November this year, witnessing a massive plunge of 58 per cent over the corresponding period last year, when deals worth USD 7.11 billion were announced.
India Inc today pledged its support to the Nitish Kumar-led group, which swept the Bihar elections, saying it will work closely with the new government to ensure investments and execution of big-ticket projects.
Majority of India Inc feels optimistic about the state of the economy improving in the next two quarters at the industry and firm level, although the last six months have not witnessed much of a change at the ground level, sa
Mumbai based food delivery startup TinyOwl co-founders were reportedly held hostage by angry employees for about 24-36 hours in their Pune, Delhi, Hyderabad and Chennai offices. Check out top 5 points about how the shocking e
According to World Bank 'Doing Business' report, India now ranks 130 out of 189 countries in the ease of doing business, moving up 12 places from last year. Here are 10 key takeaways in terms of reactions from India Inc: