India

The country has a disinvestment target of 1.75 trillion rupees (about $24 billion) for the next fiscal year which starts on April 1.

After two consecutive quarters of contraction, India’s gross domestic product (GDP) grew a modest 0.4% in the October-December quarter from last year.

India’s micro, small and medium businesses contribute about 30% to the nominal GDP and the sector is the second-largest employer, according to the RBI.

Frequent clashes and cross-border shelling along the Line of Control in recent months reportedly killed multiple civilians.

The billionaire investor said he is a large shareholder in Tata Motors and is betting the firm will be a big winner in India’s electric vehicle market.

Climate change could lead to a significant rerating in some financial markets the moment that investors take its risks seriously, experts have told CNBC.

The investor, sometimes referred to as India’s Warren Buffett, also told CNBC he “will never buy bitcoin.”

CEO Adar Poonawalla made the announcement over Twitter but did not explain who gave the direction.

Last year, India slipped into a technical recession due to the economic fallout from a lengthy lockdown to slow the spread of the coronavirus outbreak.

Financial services firm Motilal Oswal likes these stocks in the EV space: Motherson Sumi, Exide Industries and Maruti Suzuki.

Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service, helping to offset losses in other segments affected by the pandemic.

Ajay Sawhney, secretary for India’s Ministry of Electronics and Information Technology, virtually met with top Twitter executives on Wednesday.

Hundreds of rescue workers and families are scouring muck-filled ravines and valleys in northern India for survivors after part of a Himalayan glacier broke off, sending a devastating flood downriver that left at least 32 people dead and 165 missing

Rescuers in northern India are working to rescue more than three dozen power plant workers trapped in a tunnel after part of a Himalayan glacier broke off and sent a wall of water and debris rushing down a mountain

Dramatic video showed the moment floodwaters hit and destroyed part of a hydroelectric project under construction in the Indian Himalayas.

At least nine people are dead and 140 are missing in India after part of a glacier in the Himalayas broke off, releasing a torrent of water and debris that slammed into two hydroelectric plants

It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party

Finance Minister Nirmala Sitharaman said in her budget speech the government will have a disinvestment target of 1.75 trillion rupees (about $24 billion).

Last year, India slipped into a technical recession due to the economic fallout from a lengthy lockdown to slow the spread of the coronavirus outbreak.

Indian low-cost carrier IndiGo’s international operations are struggling, but could make a full recovery by the end of the year, said CEO Ronojoy Dutta.