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Economy
JPMorgan to keep growing its operations in India amid robust growth
New Delhi: Bullish on India amid robust growth and positive investment sentiment, American financial services major JPMorgan Chase & Co intends to keep growing its operations in the country.
According to JPMorgan CEO Jamie Dimon,!-->…
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US court backs Byju’s lenders over $1.2 bn loan default, edtech firm responds
New Delhi: A US court has upheld an earlier ruling that found embattled edtech firm Byju's in default on its $1.2-billion Term Loan B.
The Delaware Supreme Court upheld the ruling in favour of Byju's lenders represented by Glas Trust!-->…
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500 mn smartphone owners to use digital identity wallet by 2026
New Delhi: At least 500 million smartphone users globally will regularly make verifiable claims using a digital identity wallet (DIW) by 2026, a report said on Tuesday.
Identity verification establishes confidence in the identity of a!-->…
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India-UAE bilateral trade set to surpass $100 billion target before 2030
New Delhi: The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a report on!-->…
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India’s organised retail apparel sector to clock 8-10 pc growth this fiscal
New Delhi: The organised retail apparel sector in India is projected to see 8-10 per cent revenue growth this fiscal, riding on higher demand stemming from a normal monsoon, easing inflation, festive and wedding season and increasing!-->…
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S&P Global Ratings retains India’s GDP growth at 6.8 pc for FY25, cuts China’s…
New Delhi: S&P Global Ratings on Tuesday retained India's growth forecast at 6.8 per cent for the fiscal 2024-25, while reducing China's economic growth by 0.2 per cent to 4.6 per cent in the calendar year 2024.
In its quarterly!-->…
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Laos to host ASEAN business, investment summit to boost regional economic integration
Vientiane: Laos will host the annual ASEAN Business and Investment Summit (ABIS) 2024 while chairing the Association of Southeast Asian Nations (ASEAN) in order to boost regional business and investment integration and networking with!-->…
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Finland beating recession but deficit will persist: Finance Ministry
Helsinki: Finland is emerging from recession, but the public economy is expected to remain in persistent deficit, according to the latest forecast of the Finnish Ministry of Finance.
Nevertheless, the analysis report said the country!-->…
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Indian banks to issue bonds worth Rs 1.3 lakh crore in FY25, PSBs to dominate: Report
Mumbai: Led by public sector banks (PSBs), Indian banks are set to issue all-time high bonds worth Rs 1.2 lakh crore- Rs 1.3 lakh crore in the current fiscal (FY25), surpassing the earlier peak of Rs 1.1 lakh crore in FY23, a report!-->…
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India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman’s visit
New Delhi: Finance Minister Nirmala Sitharaman is set to embark on an official visit to Uzbekistan from September 24-28, to attend the ninth annual meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB).
FM!-->…
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