India (93886)

The Indian shipping ministry has significantly jacked up its fund demand for the production-linked incentive (PLI) scheme that it plans to float for encouraging shipping container manufacturing in India to compete with China as a source…

India’s central bank, the Reserve Bank of India, on Friday said that it is withdrawing the currency note if Rs 2000 denomination from circulation. The Rs 2000 currency note had been introduced in November 2016 after Prime Minister Narendra…

The global e-commerce giant Amazon In. has laid off 500 employees across verticals in India, local media reported.The layoffs will impact its cloud division AWS as well as People Experience and Technology Solutions (PXT) or HR and support…

Adani Power Limited (APL) said that it has started supplying electricity to Bangladesh as it announced the commissioning of its first of the two 800 MW thermal power generation units in the eastern Jharkhand district of India. The unit at…

International Monetary Fund (IMF) managing director Kristalina Georgieva has warned that a sharp slowdown will continue in 2023, with India and China remaining to be the only bright spots.She said that while the world will grow at less than…

India and Malaysia have agreed to settle trade related payments in Indian rupees, the New Delhi government has announced.The Indian foreign ministry made the announcement on Saturday and follows the directive of the country’s central…

With business travel across domestic and international markets showing a rebound post-Covid pandemic, the majority of Indian businesses (67 per cent) expect a rise in business travel in 2023, while 77 per cent of companies are expected to…

India's foreign exchange reserves fell significantly to a one-month low of $566.94 billion in the week ending February 10, marking its biggest weekly decline in 11 months.The country's import cover in the week prior had dropped by $1.49…

India's foreign inward remittance jumped to $80.127 billion in 2020-21, the highest ever in a single year, according to Union Minister of State for Finance Pankaj Chaudhary. Remittances are transfers sent from one individual to another or…