The annual rate of inflation based on the all-India Wholesale Price Index (WPI) number edged up to 3.36 per cent in June this year compared to the same month of the previous year, figures released by the Commerce Ministry on Monday showed. ....

India’s defence exports have recorded a 30-fold quantum leap over the last 10 years from a mere Rs 686 crore in the financial year 2013-14 to a record Rs 21,083 crore in FY 2023-24, reflecting the global acceptability of Indian defence products and technologies. ....

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. ....