Indian Economy News

India to Overtake China to Become Global IPO Leader

Chinese indexes saw double digit falls in the number of IPOs, compared to last year, amid geopolitical tensions with the…

4 months ago

India Rolls Back Plan to Restrict Laptop Imports

The Narendra Modi-government is now holding consultations with the electronics industry and a new order on laptop imports will be…

6 months ago

India Emissions See Big Fall; Jakarta World’s Most Polluted City

The progress made on reducing emissions intensity could help India avert pressure by developed nations to stop using coal, officials…

8 months ago

AMD to Build Massive $400 Million Chip Design Centre in India

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in…

8 months ago

India, UAE Agree to Ditch the Dollar, Settle Trade in Rupees

India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to…

8 months ago

Xiaomi to Switch India Strategy in Bid to Rival Samsung

The Chinese telecom giant has fallen behind South Korea's Samsung in the country, where brick-and-mortar remain the bigger players in…

9 months ago

BYD Proposes $1-Billion Plan to Build EVs, Batteries in India

The investment proposal also includes a plan by BYD to set up charging stations in India and build research and…

9 months ago

Foxconn Says ‘Committed To India’ After Quitting Vedanta JV

Explaining its breakup with Vedanta, Foxconn said "there was recognition from both sides that the project was not moving fast…

9 months ago

Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon

Musk says it's "quite likely there will be a significant investment in our relationship with India in the future,” adding…

9 months ago

India Outsourcing Giants Cut Hiring in Blow For IT, Economy

It’s feared the hiring slowdown could affect consumption amid warnings of economic ‘headwinds' and with the IT sector accounting for…

10 months ago

Global Economy Showing Signs of De-Dollarisation, Says JPMorgan

"De-dollarisation is evident in FX reserves where [the dollar's] share has declined to a record as share in exports declined…

10 months ago

Indian Rupee Weakens as RBI Pulls Highest Value Currency Note

In contrast to the rupee, other Asian currencies were mostly higher after US Federal Reserve chairman Jerome Powell struck a…

10 months ago