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Nirmala Sitharaman's prediction for India's economy as IMF cuts global growth
However, despite the slowdown, India would remain the fastest-growing major economy
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IMF lowers India's growth forecast to 6.8% for 2022-23
However, the IMF cautioned that the monetary policy could miscalculate the right stance to reduce inflation
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Adani Group in talks to buy Jaiprakash Power's cement unit for ₹5,000 crore
Billionaire Gautam Adani-controlled Adani Group is in advanced talks with debt-laden Jaiprakash Power Ventures Ltd. to buy its cement unit
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IT sector dials down on contract staffing
Recruitment firms heavily dependent on contract staffing will take a hit on their revenues if the trend continues
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India in talks with Angola, Algeria for LNG supplies
The talks come even as New Delhi looks at spot purchases of LNG to meet domestic demand
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Billionaire Mukesh Ambani to open family office in Singapore
The city-state has become an attractive hub for family offices thanks to its low taxes and relative security
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RBI hikes repo rate by 50 bps to combat inflation
This is the fourth straight increase in the last five months, which saw the rates increase by 190 basis points
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