Economic Times
Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% i
1719409408 Economy - 5 months ago
A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mum
1719407389 Economy - 5 months ago
Financial flows also increased leading to accretion in foreign exchange reserves during the fourth quarter amounting to USD 30.8 billion, it said. The
1719401327 Economy - 5 months ago
There are three types of budgets: balanced, surplus, and deficit, based on how accurate these projections are. The three distinct budget kinds are dis
1719400529 Economy - 5 months ago
In light of Bengaluru's growing demands, Karnataka Infrastructure Development Minister MB Patil has directed staff to draft a feasibility study for th
1719399931 Economy - 5 months ago
EY recommends significant tax reforms in the upcoming Budget, urging the government to double the standard deduction under the new concessional tax re
1719396939 Economy - 5 months ago
The National Council of Applied Economic Research (NCAER) forecasts India's FY25 GDP growth at about 7.5%, driven by strong economic activity. NCAER's
1719396867 Economy - 5 months ago
The government is preparing to revise the income criteria for middle-income groups (MIGs) to qualify for assistance under the Pradhan Mantri Awas Yoja
1719396432 Economy - 5 months ago
The upcoming budget aims to boost consumption, support farmers, create jobs, and reform tax systems. It focuses on tax cuts, lifting export restrictio
1719382158 Economy - 5 months ago
Ahead of the Union Budget for 2024-25, the Union Minister of Finance and Corporate Affairs held the eighth Pre-Budget Consultation in New Delhi, focus
1719369151 Economy - 5 months ago
"It is being reviewed to assess effectiveness," said an official, adding that there is a line of thinking that it should be made optional for taxpayer
1719360060 Economy - 5 months ago
The retail and wholesale inflation in rice has been in double digits since last year. India, the largest exporter of rice, banned export of broken ric
1719343185 Economy - 5 months ago
Banks were urged to improve customer experience in banking services by focusing on initiatives like CKYC, Jan Samarth portal, and Aadhar seeding. The
1719342875 Economy - 5 months ago
Bharatiya Mazdoor Sangh presses for extending MGNREGS, raising pensions, and improving worker benefits, including for beedi and National Health Missio
1719342693 Economy - 5 months ago
A note from Madhavi Arora, lead economist at Emkay Global Financial Services Ltd, said cumulative rainfall till June 21 was 17% below the long-term av
1719342630 Economy - 5 months ago
Key export-related demands included creating an Indian shipping line, duty cuts, and extending credit schemes. Nasscom pushed for favorable policies l
1719342269 Economy - 5 months ago
India’s goods exports in FY24 were $437.1 billion and imports were $675.4 billion. The ministry has been developing standard operating procedures to
1719334355 Economy - 5 months ago
Nicholas McCaffrey aims to enhance the scope and impact of the existing trade agreement between India and Australia, working towards formulating a com
1719333169 Economy - 5 months ago
RBI has to navigate its path towards the 4% inflation target with a "clear and unambiguous focus and (its) commitment to bring down the inflation to 4
1719331916 Economy - 5 months ago
In March 2024, India's external debt reached $663.8 billion, showing a $39.7 billion increase from the previous year. The valuation effect and a decli
1719330842 Economy - 5 months ago
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