India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the clubVietnam recently signed a free trade agreement with the European Free Trade Association, expanding its trade network. This agreement comes ...
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...
Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
India is now biggest country exposure for Fairfax, we have zero bets on AI: Prem WatsaCanadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a ph...
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...
Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 20...
Behind big billions, the China hedge begins to take shape in IndiaHyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufa...
Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...
PM Modi's free trade push could lead to $140 billion GDP gain for IndiaA more protectionist US could unexpectedly benefit India as New Delhi expands its free-trade agreements (FTAs) to diversify export markets ...
The ET Startup Awards 2026 specialHappy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymake...
ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush GoyalIn a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how...
View: India-China thaw faces major economic testsIndia and China are working to improve their diplomatic relations following past military tensions over border disputes. Recent measures in...
'US deal could spur further liberalisation'India's economic growth remains strong, with foreign direct investment continuing to show promising figures. Arvind Panagariya emphasizes t...