Post-Brexit trade deal with India 'worth extra £2 billion to British economy'
Britain will be able to increase its exports to India by more than £2 billion per year after Brexit by cutting EU red tape, a new analysis has found.

Microsoft, eBay and Tencent invest $1.4 billion in India’s e-commerce giant Flipkart
Flipkart, India's leading e-commerce marketplace, announced Monday that it has received investments totaling $1.4 billion from Microsoft, eBay and Tencent, taking the company's value to $11.6 billion.

Gold import shrinks 24% to $23 billion in Apr-Feb FY17
NEW DELHI: India's gold import witnessed a fall of about 24 per cent to $23.22 billion in April-February period of the last fiscal, which is expected to keep a lid on the current account deficit.

WTO sets up panel to resolve steel dispute with India, Japan
The WTO’s dispute settlement today set up a panel to resolve the dispute between Japan and India over imposition of safeguard import duty on iron and steel products.

India stocks close at 2-year high as investors bullish on Modi
MUMBAI — Indian stocks reached a new high Monday, powered by foreign funds optimistic the country’s prime minister, Narendra Modi, will use his growing popularity to accelerate the pace of change and keep Asia’s third-largest economy expanding as much of the world struggles with slowdowns and uncertainty about how President Donald Trump’s policies will affect trade.

Xiaomi sets up second manufacturing unit in Andhra Pradesh
Reaffirming its commitment to 'Make in India' after logging $1 billion in revenue in the country last year, Chinese smartphone-maker Xiaomi on Monday announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh.

India becomes net exporter of power
NEW DELHI: India became net exporter of electricity in the current financial year, reinforcing the turnaround story in the country's power sector but also underlining the demand slack in the changing narrative.

Foreign investors may take a refreshed stance on India investments after election results
MUMBAI: Many foreign investors that were sitting on the fences may soon take a relook at their India investment strategy following the recent election results where the ruling BJP government dominated the outcome, say industry trackers.

Government to plan selling 51 per cent stake in Air India
Government is planning to sell a majority stake in Air India, the country’s national carrier, to a strategic partner in a bid to turn around the loss-making airline, people with knowledge of the matter said.

India growing fastest in e-commerce, says study
With $681 billion in online retail sales in 2016, China is the largest market for e-commerce globally, followed by the US, and the fastest growing one is India.