Economy and Finance

India's current account recorded a surplus of USD 13.5 billion (or 1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (or 0.5 per cent of GDP) in the same quarter of 2023-24, RBI data showed Friday.

Deposits of Indian customers in Swiss banks have declined by around 18 per cent over the past decade, according to the latest figures released by the Swiss National Bank (SNB)

Vijay Mallya is busy polishing his image, but that may work for a web series, not in real life. At this point, it’s no longer just about recovery—it’s a matter of criminal conspiracy, fraud, and money laundering.

The credit appraisal for small ticket loans up to 2.5 lakh Rupees where gold is given as collateral will not be needed, said Sanjay Malhotra, Governor of the Reserve bank of India (RBI).

IndiGo on Sunday announced it has placed orders for another 30 Airbus A350, on top of the 30 orders already in place with the French aircraft manufacturer.

The Employees' Provident Fund Organisation (EPFO) is likely to introduce the EPFO 3.0 system from 1st June.

NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said that India has overtaken Japan to become the world's fourth-largest economy, citing data by the International Monetary Fund.

The Rising Northeast Investors Summit 2025 concluded with attracting investment commitments of Rs 4.3 lakh crore, according to an official statement.

The significant gross FDI inflow is a sign of investor confidence, which is coupled with the fact that India's foreign reserves stand at a whopping $686.1 billion (enough to cover more than 11 months of import).

US president Donald Trump has threatened to impose 25% tariff on iPhones imported from India to the USA.