India will allocate an additional 195 billion rupees ($2.62 billion) to boost investment in solar equipment manufacturing, Finance Minister Nirmala Sitharaman said on Tuesday.

India has forecast its economy will grow 8 per cent to 8.5 per cent for the fiscal year starting in April, down from 9.2 per cent projected in the current year, as it fights a spike in Covid-19 cases and rising inflationary pressure.

Oil prices rose to a more than seven-year peak on Friday and recorded their sixth straight weekly gain as geopolitical turmoil exacerbated concerns over tight energy supply.

The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who cautioned the risk to that outlook was skewed to the downside.

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in “quick commerce”, but heating up concerns about road safety as bike riders scramble to meet tight deadlines.

Indian engineering and construction company Larsen & Toubro will build eight multipurpose steel buildings containing IT infrastructure in eight districts for Tk 1,205 crore.

Asia's biggest billionaire, Mukesh Ambani, has bought more than 70 percent stake in the Mandarin Oriental hotel in America’s New York City for $98 million.

Amazon.com Inc has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told Reuters on Sunday.

India’s Reliance Industries Ltd said it plans to raise up to $5 billion in dollar-denominated debt and use proceeds primarily to refinance its existing borrowings.

Foreign automakers have indicated an interest to the government of India’s Tamil Nadu state in acquiring Ford Motor Co’s plant there, the state industries minister said on Thursday, after inconclusive talks with the Tata Group.

Apple said Wednesday it has put the Indian plant of its main supplier “on probation” after a mass food poisoning and protests over workers’ living conditions.

Indians are crowding markets and taking packed flights to holiday destinations again despite calls from authorities urging restraint and caution amid rising cases of the rapidly-spreading Omicron variant of the coronavirus.

Sony’s India unit finalised merger plans with local broadcasting giant Zee Entertainment on Wednesday in a deal that may yet be blocked by fierce opposition from a disgruntled US investor.

Apple Inc has asked India’s antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian country where Google is dominant, a filing seen by Reuters shows.

India has approved a $10 billion incentive plan to attract semiconductor and display manufacturers, its technology minister said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub.

India’s retail inflation accelerated in November, led by a rise in food prices, but remained within the medium-term target of the central bank, strengthening views that the bank could keep interest rates on hold at its next meeting in February.

Activity in India’s dominant services sector continued to grow at a robust pace last month supported by a strong recovery in domestic demand, a private survey showed, but elevated price pressures remained a major concern.

The United Nations Development Programme aims to almost triple its plastic waste management to 100 cities in India by 2024, A UNDP executive said, to combat the damaging effects of plastic pollution.

Logistical constraint is the biggest barrier to expanding trade between Bangladesh and India, said Vikram Kumar Doraiswami, the high commissioner of India to Bangladesh, recently.

India’s economy has recovered to its pre-pandemic size, official data showed Tuesday, boosted by a broad-based recovery in the July-September quarter after a deadly infection surge earlier this year.