India has “every reason” to attract foreign funds, Finance Minister Nirmala Sitharaman said, even as overseas inflows remain modest and lag behind regional peers following months of volatility.
India expects revenue collections to be buoyant in the year beginning April, potentially allowing it to scale back its borrowing program, according to a senior finance ministry official.
Buildings in Mumbai. Photographer: Abeer Khan/Bloomberg
India expects revenue collections to be buoyant in the year beginning April, potentially allowing it to scale back its borrowing program, according to a senior finance ministry official.
Buildings in Mumbai. Photographer: Abeer Khan/Bloomberg
India is seeking to merge two of its biggest power utility lenders to help unlock investments worth hundreds of billions in the nation’s energy sector.
Men work on power transmission lines in Tezpur, India. Photographer: Adeel Halim/
India is considering allowing foreigners to own up to 49% stake in its state-run banks as policymakers seek to bolster capital at these lenders to fund growth, without fully giving up control.
Signage at a State Bank of India (SBI) branch in Mumbai. Photographer: Abeer Khan/Bloomberg
India’s government predicted the economy could expand more than 7% in the coming financial year, offering an optimistic outlook at a time of heightened uncertainty for global trade.
India’s government predicted the economy could expand more than 7% in the coming financial year, offering an optimistic outlook at a time of heightened uncertainty for global trade.
The Indian economy is resilient and expected to be the world’s fastest-growing, buoyed by low inflation and underpinned by financial stability, according to a key adviser to Prime Minister Narendra Modi.
Shoppers in front of clothing store in the suburb of Bandra in Mumbai, India, on Friday, Jan. 3, 2025. India’s new central bank governor said the economy will probably rebound next year on the back of strong consumer and business confidence, his first public comments about the growth outlook since he took office earlier this month. Photographer: Abeer Khan/Bloomberg
The Indian economy is resilient and expected to be the world’s fastest-growing, buoyed by low inflation and underpinned by financial stability, according to a key adviser to Prime Minister Narendra Modi.
Shoppers in front of clothing store in the suburb of Bandra in Mumbai, India, on Friday, Jan. 3, 2025. India’s new central bank governor said the economy will probably rebound next year on the back of strong consumer and business confidence, his first public comments about the growth outlook since he took office earlier this month. Photographer: Abeer Khan/Bloomberg
India is likely to retain the existing inflation target for the central bank, with the setup seen as effective in managing prices, according to people familiar with the matter.
India is likely to retain the existing inflation target for the central bank, with the setup seen as effective in managing prices, according to people familiar with the matter.
India’s cabinet approved a proposal to allow 100% foreign direct investment in the insurance sector, a government official said, in a move aimed at accelerating capital inflows and expanding coverage in one of the world’s fastest-growing insurance markets.
The Parliament House in New Delhi, India, on Monday, July 21, 2025. India's opposition is preparing to confront Prime Minister Narendra Modi’s government over the controversial revision of electoral rolls in the eastern state of Bihar, months before a crucial election in the region. Photographer: Prakash Singh/Bloomberg
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