India added 12.1-gigawatt (GW) power generation capacity in 2020-21, of which 7.7 GW was from renewable energy sources, according to a report. India's total power generation also increased by 1.3 per cent in FY21 despite pandemic restrictions,...

On Monday, the Reserve Bank of India (RBI) has amended its master direction on know-your-customer (KYC) norms to further leverage the video-based customer identification process (V-CIP) and simplified the process of periodic updation of KYC for...

India’s fast moving consumer goods (FMCG) segment reported 9.4% year-on-year growth in the March quarter aided by price increases by large companies across edible oils, packaged foods and tea, and demand for packaged foods such as biscuits,...

Passenger vehicle (PV) and two-wheeler sales fell in double digits in the month of April as a sharp rise in Covid-19 cases and lockdowns in several states hit production and delivery of vehicles to dealerships. Sales of cars, SUVs and minivans...

The United Nations predicted that India's economy would rise at 10.1 percent in 2022, making it the world's fastest growing major economy, but warned that the growth outlook for 2021 was 'highly fragile' because the country...

As the year 2020 has been more troublesome for people all over the world, low-income and underserved people struggle much to cope up with the economy in India. The challenge of creating a financially inclusive system has never been more...

The Indian rupee  drops by 18 paise to 73.53 against the US dollar in opening trade on Tuesday tracking weak domestic equities and strong American currency. Forex traders stated agitation over rising Covid-19 cases also influenced...

The Securities and Exchange Board of India (Sebi) has suggested that the concept of promoters be phased out in favor of the concept of "individual in charge". In a consultation paper published Tuesday, it also proposed lowering the...

The relief measures announced by the RBI to offer some relief to financial institutions in the next 12-24 months, but at the charge of deferring the recognition and resolution of underlying asset quality problems. Risks to India’s...

Continuing a positive growth, India’s exports grew by 80 percent to reach $7.04 billion during the first week of this month, according to preliminary data of the commerce ministry. Exports during May 1-7 last year stood at $3.91 billion...