Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world by 2060, RBI Deputy Governor Michael Debabrata Patra has said. ....

The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of KYC norms. ....

A new global survey has ranked India among the top three most optimistic nations, along with Singapore and Indonesia, based on the economic outlook of the people interviewed across various countries. ....

Growth in India's services sector accelerated in June on the back of robust domestic demand and a record rise in export orders, according to an HSBC survey released on Wednesday. ....

Indian equity indices opened in the green on Monday following positive global cues. At 9:40 a.m., Sensex was at 79,197, up 165 points or 0.21 per cent and Nifty was at 24,069, up 58 points or 0.22 per cent. ....

5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday. ....

Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in the country in April alone. ....

Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at 23,499. ....

Gautam Adani, the Chairman of the Adani Group, on Wednesday, listed three key areas which will further help the national infrastructure grow in years to come, driving the country to realise its goal of becoming a $30 trillion economy by 2050. ....

Indian stock markets have seen a robust rally since the new government's formation, closing at an all-time high in the last week. According to top rating agencies, the indices are set to gain new highs in the next 12 months. ....