Economic Times
India's imports from the UAE surged by 70.37% to USD 7.2 billion in October, resulting in a trade deficit of USD 3.5 billion. This surge in imports, p
India's economy is experiencing robust growth, projected to hit 7.2% in 2024, driven by strong consumer spending and investment. Despite recent infla
Bank of Baroda predicts India's current account deficit will remain manageable in FY25 and FY26 due to stable oil prices. However, a widening trade de
RBI Moetary Policy: The contract of Reserve Bank of India Governor Shaktikanta Das ends on December 10. The government has not announced whether Das w
India is grappling with soaring food prices, particularly a 161% surge in tomato costs, impacting consumer spending and making a December rate cut unl
The Income Tax Department is investigating landowners in India who may have avoided paying capital gains tax. These landowners had partnered with bui
India's merchandise exports experienced significant growth in October. Exports reached $39.2 billion, marking a 17.3% increase. This surge was driven
India's chief economic adviser, V Anantha Nageswaran, emphasized the need for deregulation and scale-building to attract global supply chains shifting
According to report, inflation based on the consumer price index (CPI) is expected to ease to 4.5% on average in FY25 from 5.4% last year, driven by l
Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts su
India's top import source was China, reaching USD 65.89 billion between April and October. The US became India's primary export destination with USD 4
Commerce and Industry Minister Piyush Goyal suggested the ITPO hold two annual editions of the flagship trade fair. He inaugurated the 43rd IITF at Bh
India's Commerce Minister, Piyush Goyal, has called for interest rate cuts to stimulate economic growth, sparking a debate about the central bank's fo
India's trade relationship with the US is expected to remain strong despite the recent change in US leadership. Bilateral trade between the two natio
Five states continue to dominate Gross Value Added share while others have shown faster output growth between 2018-19 and 2022-23 as the country’s m
A new report by the World Economic Forum and India's civil aviation ministry suggests that Advanced Air Mobility (AAM) solutions like air taxis and ai
The Bihar government has announced a 3% increase in dearness allowance for its employees and pensioners, effective from July 1, 2024. The cabinet als
India's spice industry is eyeing significant growth, aiming for $10 billion in exports by 2030. To achieve this, the industry is exploring new markets
16th Finance Commission Chairman Arvind Panagariya urged rural and urban local bodies to generate their own revenue, emphasizing that citizen contribu
Singapore Senior Minister of State for Foreign Affairs Sim Ann emphasized the importance of continued engagement with China and India for regional gro
