India

India in talks to allow Alipay+ to link with instant payment system: sources

The move will ease payments for its tourists, enabling them to use its UPI with merchants in countries that have signed up with the platform

NSE’s board is likely to form a committee comprising its top executives and the representatives of major shareholders including LIC and SBI in a few days to oversee the IPO process.

Temasek, LIC plan share sales in NSE’s India IPO: source

All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO

Climate activists in India face a more pressing disappointment. Finance Minister Nirmala Sitharaman (above) cut the allocation for pollution control. 
COMMENTARY

India spooks investors instead of calming them

The Modi government intends to borrow a record 17.2 trillion rupees by selling bonds

Foreign ownership in State Bank of India (SBI) – the country’s largest lender – and 11 other state-owned banks is capped at 20 per cent, a legacy restriction rooted in the government’s desire to retain strategic control of the financial system.

India considering 49% foreign ownership in state-run banks

India is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to bolster capital at these lenders to fund growth, without entirely giving up ...

The PMI has stayed above the 50 threshold, which separates growth from contraction, since July 2021.

India’s factory growth improves slightly in January: PMI

Manufacturers have reported receiving orders from clients across Asia, Australia, Canada, Europe, and the Middle East

The nation faces the second-highest burden of diabetes globally, after China, according to Lancet.

India to spend 100 billion rupees to make biopharma production hub

The funding will be directed towards the research and production of biologics and biosimilar medicines

Nirmala Sitharaman, India's finance minister, says the budget will prioritise scaling up manufacturing across seven sectors.

India budget makes bet on manufacturing; transaction tax hike spooks markets

India aims to accelerate growth amid a volatile global environment

The beginning of the year is typically bad for Indian stocks as companies report earnings and the annual budget is about to be released.

Market swings in India surge from historic low as budget nears

With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performers

The data released by the Reserve Bank of India on Friday (Jan 30) showed that India's foreign exchange reserves rose by about US$8.1 billion to US$709.4 billion in the week ended Jan 23.

Record reserves boost India central bank’s firepower to shield rupee

The currency is the worst performer in emerging markets in 2026, and is weighed down by outflows from equities and others

There is no evidence yet of increased human-to-human transmission, the World Health Organization says.

Risk of Nipah virus spreading beyond India is low: WHO

The country has the capacity to contain such outbreaks, it adds