Pakistan's government is expediting PIA privatisation, dividing assets and liabilities between a holding company and a new airline. The PIA's assets are valued at Rs 171.43 billion, while it owes...

India's GDP is projected to grow at 6.5-7% in 2024-25, according to the Economic Survey 2023-24. The forecast takes into account global challenges and domestic growth drivers.

India's garment export growth is hindered by complex procedures, import restrictions, and domestic monopolies, according to GTRI. The think tank calls for a revamp of DGFT and Customs processes.

Kotak Mahindra Bank reported a 79% jump in Q1 profit, driven by a stake sale in its insurance arm and strong subsidiary performance. RBI restrictions impacted standalone growth.

HDFC Bank reported a 6.51% decline in Q1 profit due to lower other income and higher tax outgo. Non-interest income dipped 41.3%, while deposits rose 4.6%.

BigBloc Construction's board has approved a 1:1 bonus share issue for shareholders, boosting share price and aiming to reward investors. The bonus issue is subject to shareholder approval at the...

Stallion India Fluorochemicals, a supplier of refrigerants, has received Sebi's approval to float an IPO. The IPO includes a fresh issue of shares and an offer-for-sale component.

SBI MD Ashwini Tewari advocates for a CRR cut to help banks facing low deposit growth, citing the need for resources to fund economic activity. He highlights the pressure on banks due to the gap...

India's Economic Survey highlights GST's role in reducing logistics costs, improving truck travel time, and boosting manufacturing. Learn about the impact on logistics performance and India's...

India's Economic Survey suggests removing food from the inflation-targeting framework, arguing that higher food prices are often supply-induced. It proposes using coupons or direct cash transfers...

India's Economic Survey highlights the challenges of balancing growth and climate goals, emphasizing the need for a diversified energy portfolio and financial support from developed countries.

India's Economic Survey highlights climate change's impact on food prices, citing extreme weather, crop damage, and lower reservoir levels as key drivers of inflation over the past two years.

BigBloc Construction's board has approved a 1:1 bonus share issue for shareholders, boosting share price and aiming to reward investors. The bonus issue is subject to shareholder approval at the...

Stallion India Fluorochemicals, a supplier of refrigerants, has received Sebi's approval to float an IPO. The IPO includes a fresh issue of shares and an offer-for-sale component.

India's R&D investment as a percentage of GDP remains low compared to China and the US, with private sector contribution also lagging, according to the Economic Survey 2023-24.