The Hamleys acquisition is the latest in a string of purchases in Ambani’s push into consumer business & will add heft in battle with Amazon & Walmart.
Indian decision comes amid pressure from the Trump administration, which had called on India and 7 other countries to stop the import of Iranian crude.
Former National Statistical Commission chief P.C. Mohanan says the body should be given statutory powers so that people listen to it.
Tax shortfall reflects a higher-than-anticipated slowdown, say economists. ThePrint takes a look at its impact on the Indian economy.
Coal provides roughly 70% of India’s power needs, even as 1.24 million citizens die annually as a result of choking smog, according to The Lancet.
Mutual fund investments in commercial paper & bonds that mature within 90 days dropped to Rs 3.24 trillion at end of March, the lowest in 6 quarters.
The remarks were made during a meeting between the members of the 15th Finance Commission and the RBI.
ONGC’s cash balance fell to Rs 167 crore in Sept 2018 from Rs 9,511 crore in March 2017, but it says it has enough to finance current and future projects.
In 2015, billionaire Dilip Shanghvi bought 23% stake for Rs 18 billion, but Suzlon still hasn’t exited India’s debt-restructuring program, missing deadlines since 2017.
In 2015, Modi govt had revised the base year for GDP calculations, which led to a significant drop in the growth estimate for the preceding UPA administration.