Reforms@35: India grew nine-fold, but its Asian peers grew faster
In 1991, five years into the Doi Moi reforms, Vietnam’s per capita income was $141, less than half of India’s. Today it is $4,829, nearly twice that of India
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Reliance, Rolls-Royce to develop indigenous combat engine for AMCA together
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India’s largest private-sector company and Britain’s storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country. The two companies, in a joint statement, said they…
India’s forex reserves climb past $700 billion on robust inflows
India’s foreign exchange reserves rose to a four-month high of $707 billion as of August 7, bolstered by robust inflows under policy measures to strengthen India’s balance of payments
Century Extrusions standalone net profit rises 59.75% in the June 2026 quarter
Sales rise 32.85% to Rs 138.36 crore
Ashram Online.com reports standalone net loss of Rs 0.02 crore in the June 2026 quarter
Sales rise 30.00% to Rs 0.13 crore
Sebi allows online bond platforms to offer GIFT-IFSC-regulated bonds
Sebi has allowed online bond platforms to offer GIFT-IFSC-regulated securities, expanding their product range while mandating clear overseas labelling and regulatory compliance
RBI to prematurely end FCNR(B) swap facility, deposits allowed till Aug 31
According to data by the RBI, forex inflows under the facility stood at $56.85 billion as on August 13, 2026