Economic Times
New Delhi is receiving USD 70-80 billion in foreign direct investments annually and aims to reach USD 100 billion per year. The government is easing n
The country's foodgrain production for 2023-24 is estimated at a record 332.298 MT, surpassing the previous year's 329.687 MT. Despite drought-like co
The Bangladesh government has ordered the export of 2,420 tonnes of Hilsa fish to India ahead of the festive season. This move is expected to lower pr
India's foodgrain production hit a record 332.22 million tonnes in the 2023-24 crop year, driven by bumper wheat and rice output. Wheat production rea
Industry body Ficci has urged for strict punishment and enhanced surveillance to combat illicit trade, which is estimated at Rs 7.97 lakh crore annual
Coordination between the RBI and the government has helped balance inflation control and economic growth, says RBI Governor Shaktikanta Das. During th
India's manufacturing growth is driven by its own strengths, not a China Plus One strategy, Commerce Minister Piyush Goyal said. The Make in India ini
The number of Indian households with an annual income of more than Rs 30 lakhs per annum will increase by 11.3 crores by the financial year 2031, acco
The Indian government is expected to announce its market borrowing plan for October through March, with a focus on longer-dated bonds. Of the planned
The government has established a special team to address grievances related to the MCA21 portal, used for company and LLP filings. The corporate affai
The recent drop in oil prices could allow the Indian government to increase excise duty while offering moderate fuel price cuts to consumers. This str
Commerce and Industry Minister Piyush Goyal stated that India's dairy sector will not receive duty concessions under any Free Trade Agreements due to
The Asian Development Bank has maintained India's growth forecast at 7% for the current fiscal year, citing improved farm output and higher government
The Group of Ministers meeting in Goa decided against further GST exemptions on long-term land leases by private entities and sector-specific exemptio
The Indian government has identified 300 legal points for potential decriminalisation to reduce compliance burdens, aiming to boost the manufacturing
Despite a slow start, rainfall picked up pace helping farmers with sowing. Overall farm productivity is expected to be higher, which should help tame
The government is considering recommendations to promote transition finance for high carbon-emitting industries. A proposed fund by state-run financia
The weighted average call rate, reflecting banks' overnight borrowing costs, rose to 6.69%, surpassing the Reserve Bank of India's repo rate of 6.50%.
Industry experts at the Indo-US Economic Summit called for lower tariffs and harmonisation of local norms to boost India-US agricultural trade. Key co
RBI Governor Shaktikanta Das highlighted the challenges posed by geopolitical disturbances and economic fragmentations, emphasizing the need for centr
