IDFC FIRST Bank has secured a crucial nod from the Reserve Bank of India. ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, can now acquire up to 9.95% of the bank’s paid-up share capital. This development…
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India is set to release inflation figures using a new index on Thursday, which analysts predict may indicate elevated price pressures. This revised Consumer Price Index, reflecting updated spending patterns and new categories, could influence the central bank’s decision to…
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India’s trade surplus with the United States is projected to exceed 90 billion US dollars annually. This surge is driven by a significant rise in Indian exports to the US, potentially crossing 100 billion US dollars. Simultaneously, imports from the…
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Flipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launch later. It is exploring a standalone platform or a buyer-side app on ONDC, after earlier plans did not…
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The handset brand which sells products ranging from washing machines to an electric vehicle in China, is planning to bring some of those products to India, targeting its 140 million strong user base in India to have at least five…
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Adani Power has established Adani Atomic Energy Limited, a wholly owned subsidiary, to generate, transmit, and distribute nuclear power. This move follows the recent passage of the SHANTI Bill, allowing private sector participation in India’s nuclear energy sector. The company…
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