Indian Economy News

Indian Stocks Miss Out On Traditional Pre-Election Rally

The country's parliamentary elections are set to begin this month and the incumbent Narendra Modi-government is hoping to gain a…

3 weeks ago

India in $100 billion Investment Deal With Europe Trade Group

The push is part of Prime Minister Narendra Modi’s aim to notch up annual exports to $1 trillion by 2030

2 months ago

India’s Push For Tariffs on Data Transfers Alarms Chip Giants

Tariffs on an innumerable number of transfers of chip design data across countries, would raise chipmaking costs and worsen chip…

2 months ago

Taiwan to Bring in Indian Migrant Workers Amid Labour Shortage

"The quality of Indian labour is stable, they are hard working and well considered," Taiwan's Ministry of Labour said

2 months ago

India’s Paytm Bleeds Amid Financial Crime Probe in Banking Arm

The fintech giant's share price has slumped more than 84% since it filed for a blockbuster IPO — India’s largest…

2 months ago

India’s High Taxes Will Crush Export Goals, Tech Ministry Warns

Writing to the finance ministry, deputy IT Minister Rajeev Chandrasekhar said India's high production costs were pushing smartphone companies to…

2 months ago

Indian Carmakers Block EV Import Tax Cut to Prevent Tesla Entry

One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a…

3 months ago

Red Sea Attacks Pose Billions Worth of Risks for China, India

Attacks by Iran-backed Houthis have doubled the cost of exports from India and cast a shadow over China's commercial interests…

3 months ago

India’s Tamil Nadu State to Rake in $4.4b From Global Investors

India has emerged as one of the biggest destinations for global investments as firms across the globe rush to diversify…

4 months ago

India Digital Currency Transactions Top 1m a Day in December

Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead…

4 months ago

Russia Says Sanctions Helped Cement China, India Energy Ties

Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5%…

4 months ago

India Shares See Longest Weekly Winning Streak Since 2018

The surge in Indian equities follows US Fed Chair Jerome Powell's acknowledgment of the risks of delaying rate cuts

4 months ago