Global India - Finance, Banking & Investing in India

Indian Finance Ministry reveals that India has signed two loan agreements totaling $850 million with the Asian Development Bank (ADB). The ADB will provide a $700-million loan, in three parts in as many years, to state-run India Infrastructure Finance...

Moscow, India and Russia Monday signed a $100 million credit line agreement and set a target of $20 billion by 2015 to strengthen bilateral trade. Visiting Indian Prime Minister Manmohan Singh and Russian President Dmitry Medvedev affirmed that the two...

New Delhi, Cornell University-educated economist Kaushik Basu Tuesday took charge as the chief economic advisor in the finance ministry, with the rank of a secretary to the government of India for a two-year term. The key advisory post was vacant after...

New Delhi, (IANS) India's healthcare sector is expected to grow at 23 percent annually to become a $77-billion industry by 2012, a report released Wednesday said. According to the report, jointly prepared by the Associated Chambers of Commerce and...

Gold will continue to shine during the present quarter despite high prices, with its sales likely to grow by 25 per cent for October-December period on account of festive and wedding season demand, expects Gem and Jewellery Export Promotion Council...

RBI Mid-Term Policy review for 2008-09 A stable & healthy financial sector* India's financial sector is stable and healthy. Indian banks do not have direct financial exposure to the US sub-prime assets. Foreign subsidiaries and foreign branches of...

Union Finance Minister Pranab Mukherjee said on Tuesday that the country's economy is responding well. Addressing the media here, Mukherjee said: "The economy, I would like to say is responding well, the policy statement which we have initiated, the...