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August 28, 2023 in Indian Business News

Ambani succession plan picks up pace, children appointed to RIL board

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MUMBAI: Reliance Industries, India’s largest company in terms of market value, has appointed chairman and managing director Mukesh Ambani’s three children — Isha, Akash and Anant — to the board, an in ...

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August 27, 2023 in Indian Business News

India’s real estate sector to grow multifold to about $6 trillion by 2047: Report

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NEW DELHI: India’s real estate sector is expected to expand to $5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according to a report. The current real estate is estim ...

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August 26, 2023 in Indian Business News

India expands curbs on rice exports with 20% duty on parboiled grade

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MUMBAI: India has imposed a 20% duty on exports of parboiled rice with immediate effect, a move that could further reduce shipments from the world's largest exporter and lift global rice prices, which ...

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August 25, 2023 in Indian Business News

$1.4 billion valuation: India gets its 1st unicorn of 2023

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Zepto, an instant grocery startup founded by a duo of Stanford University dropouts, both 20, raised fresh funds at a $1.4 billion valuation, creating a rare Indian unicorn amid a gloomy venture fundin ...

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August 23, 2023 in Indian Business News

India eyes bigger share of lab-grown diamond mkt

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JAIPUR: India is taking a shot at the global diamond trade with its lab-grown variety, whose exports were estimated at around $1.5 billion in 2022-23. Fuelling its expectations is US Federal Trade Com ...

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August 23, 2023 in Indian Business News

GDP growth: Indian economy likely grew 7.8% in Q1 FY24, say economists

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The Indian economy is likely to have grown at 7.8% in the April-June 2023 quarter, a recent survey of economists conducted by ET says. The GDP growth is largely expected to have been driven by strong ...

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