New Delhi, Jan 29 (IANS) Marking a significant milestone in strengthening bilateral economic and strategic cooperation, India and the European Union (EU) have concluded negotiations on financial services in the Free Trade Agreement (FTA).Among the key achievements of Financial Services Annex, India and EU have committed to collaborate on enabling greater interoperability and interlinkages and development of electronic payment infrastructure and convenience of cross-border payments to promote rea…
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New Delhi, Jan 28 (IANS) India’s strategic mergers and acquisitions (M&A) deal value rose 42 per cent (year-on-year) to $113 billion in 2025, a new report showed on Wednesday.The growth was driven primarily by robust domestic dealmaking, which accounted for 60 per cent of total deal value, alongside a sharp increase in inbound activity, up more than 300 per cent year on year. Foreign investors continued to target financial services and technology assets, according to Bain & Company in …
New Delhi, Jan 26 (IANS) Veteran banker and industrialist Uday Kotak on Monday said he was “humbled and honoured” to be conferred the Padma Bhushan.The government on Sunday announced the Padma Awards on the eve of Republic Day, with Kotak being conferred the Padma Bhushan for his exceptional contribution to the financial sector.“The India of today is unrecognisable from the one I was born in. The journey has been exhilarating. On this Republic Day, we stand at the fork of many roads,” Ko…
New Delhi, Jan 21 (IANS) India’s deal ecosystem recorded 2,658 transactions worth $133 billion in 2025, marking a 21 per cent year‑on‑year rise in deal volumes and a 13 per cent increase in values, a report said on Wednesday.The report from Grant Thornton Bharat said India’s deal ecosystem reflected the market’s resilience and depth amid a volatile global environment.The country attracted sustained capital flows, supported by strong economic growth and improving investor confidence.The…
New Delhi, Jan 16 (IANS) US-based AI safety and research company Anthropic on Friday announced to hire Irina Ghose as Managing Director for India market, as it prepares to open its first office in the country.Ghose, who most recently served as Managing Director, Microsoft India, brings more than three decades of experience in scaling technology businesses.“India has a real opportunity to shape how AI is built and deployed at scale,” she said.Indian organisations are moving beyond experimenta…
Mumbai, Jan 1 (IANS) Indian equity markets ended the first trading session of the calendar year 2026 on a flat note, as investors stayed cautious in the absence of strong domestic or global triggers.At the close of trade, the Sensex slipped marginally by 32 points, or 0.04 per cent, to settle at 85,188.6.The Nifty, meanwhile, edged higher by 16.95 points, or 0.06 per cent, to close at 26,146.55.“For the Nifty, 26,000–26,050 continues to act as an immediate support zone; as long as this area …
Mumbai, Dec 31 (IANS) Indian equity markets ended the final trading session of the calendar year on a strong note, supported by broad-based buying across most sectors, even as information technology stocks remained under pressure.At the close of trade, the Sensex settled at 85,220.6, gaining 545.52 points or 0.64 per cent.The Nifty also finished higher at 26,129.6, up 190.75 points or 0.74 per cent. “Holding above the 26,000 mark remains crucial to sustain the ongoing uptrend and keep the poss…
New Delhi, Dec 25 (IANS) Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media. Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence.India accounts for over 64 per cent of Nepal’s total trade, underscoring i…
New Delhi, Dec 23 (IANS) India and New Zealand have concluded negotiations on the Financial Services Annex of the Free Trade Agreement (FTA), marking a significant milestone in strengthening bilateral economic and strategic cooperation, according to a Finance Ministry statement issued on Tuesday.The India-New Zealand Financial Services Annex marks a notable advancement over standard GATS (General Agreement on Trade in Services) commitments, involving a total of 18 articles, the statement explain…
In today’s fast-paced global economy, Non-Resident Indians (NRIs) are increasingly seeking ways to expand their financial horizons. One strategic move…