India’s growth momentum holds as finance ministry sees 7.3% Q2 expansion (representative image) India’s economy is estimated to have grown 7.3% in the September quarter of the current financial year, slowing from the 7.8% expansion recorded in the April-June period, according to the finance ministry’s latest Monthly Economic Review released on Thursday.The ministry said the…

India’s eased FDI rules for investors with under 10% stakes in Chinese entities attract over $500 million in foreign investment since May NEW DELHI: Govt’s decision to allow companies and funds with under 10% holding of Chinese entities has helped generate over $500 million (Rs 4,895 crore) foreign direct investment since the rules were eased…

British Prime Minister Andy Burnham (AP) India-UK partnership will remain on a strong footing under incoming British Prime Minister Andy Burnham, who was elected Labour Party leader in the same week that the Comprehensive Economic and Trade Agreement (CETA) between both the countries came into force, as per the strategic experts forecast.Burnham, 56, was elected…

Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company’s market valuation stood at…