Economic Times
India's foreign exchange reserves covered 11.2 months of imports as of June 2024, down from 11.3 months in March. Short-term debt rose to 20.3% of res
The Reserve Bank of India increased its domestic gold holdings by over 100 metric tonnes by September 2024. It now holds 854.73 metric tonnes of gold,
Payments totaling ₹21,108 crore to MSMEs are pending across 90,000 applications on the MSME Samadhaan portal. State governments and central public s
The Indian government has initiated contract farming with farmers in Tamil Nadu, Bihar, Jharkhand, and Gujarat to grow pulses on 1,500 hectares to cur
The World Trade Organization’s dispute settlement body has agreed to another deferral on India's import duties ruling, pushed to April 25 next year.
The Centre announced that as of October 28, 2024, it has procured 60.63 lakh tonnes of paddy in Punjab, disbursing Rs 12,200 crore to farmers. With a
India is pushing to boost domestic manufacturing of IT hardware, military aircraft, and semiconductors through various incentive schemes and initiativ
Between April and September, the Reserve Bank of India enhanced domestic gold reserves by 102 metric tonnes, raising the total to 510.46 metric tonnes
The seven projects included Jharsuguda to Sason 3rd and 4th lines Rail Line, Odisha; Tirupati-Katpadi Double Line, Andhra; Pradesh and Tamil Nadu; Pra
Spanish President Pedro Sanchez emphasizes the significant potential for a stronger EU-India partnership, focusing on advancing the EU-India FTA negot
The income tax department has set the tolerance limits for variation between arm's length price and transfer pricing at one per cent for wholesale tra
Ethanol production increase in India for 2024/25 will reduce domestic sugar availability and halt exports, as 5 million metric tons of sucrose are div
A GST Council panel proposes expanding the definition of affordable housing from ₹45 lakh to ₹55 lakh, potentially boosting the sector. The panel
India's economic outlook stays positive, supported by stable external sector conditions, favorable agriculture prospects, and potential increased gove
The government considers utilizing the ₹76,000 crore corpus from construction workers' cess to ensure a minimum pension for workers over 60, needing
India's manufacturing sector is undergoing a transformation thanks to government initiatives like 'Make in India' and PLI schemes, reshaping global su
Potato prices are expected to stay high until December due to delayed sowing in Uttar Pradesh caused by untimely rains. In addition, Cyclone Dana has
The WTO's dispute settlement body granted a joint request from India and Chinese Taipei to delay the adoption of the panel ruling against India's impo
The Reserve Bank of India set a minimum networth of Rs 300 crore for entities seeking authorisation as Central Counterparties (CCP). The RBI updated i
Nomura reports that the Indian economy is experiencing a cyclical growth slowdown, with urban consumption indicators weakening. The brokerage believes
