Economic Times
India's current account balance (CAB) is projected to reach a surplus of approximately USD 6 billion in Q4 2024, marking the first surplus since Q1 20
Moody's rating agency has pointed out that India's fiscal consolidation following the Covid-19 pandemic has lagged behind when compared to its peers.
Indian PM Modi's narrower election victory limits aggressive fiscal reforms, per Moody's analyst Christian de Guzman. BJP secured 240 seats, with NDA
India's services growth slowed to a five-month low in May due to weaker domestic demand, despite record export growth and a 21-month high in job creat
The recent election results in India saw the ruling BJP-led NDA secure a majority, though narrower than expected. A Bernstein report predicts increase
"Our assessment is that India's economic fundamentals remain robust. Reforms in India have generally survived the test of politics and we expect the g
Food inflation challenges RBI, impacting rate cuts. Elections, populist spending, and fiscal landscape influence rate cut decisions.
With the Lok Sabha election results hinting at a coalition government, economists anticipate a populist Budget focusing on welfare schemes for the upc
India's growth story may thrive under a coalition rule despite no party having an absolute majority. Past data suggests coalition governments have eff
In the new coalition government era, India's reform agenda may prioritize job creation and factors market reforms. Balancing political sensitivities a
In FY24, nominal GDP grew 9.6%, CPI inflation recorded 5.4%, and real GDP growth was estimated at 8.2%.
India has taken Australia to arbitration at the WTO over changes to services commitments, impacting trade. The new regulations aim to lower global tra
Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implemen
The total foodgrain production in India is estimated at 3,288.52 lakh tonne in 2023-24, which is lower than 3,296.87 lakh tonnes of foodgrain producti
India's record-breaking economic growth rate and strong tax revenues provide a foundation for future reforms aimed at transforming the country into a
India's import of refined products from Russia increased by 14% in May, with naphtha imports tripling. State-run refiners brought in 77% more Russian
State's industries minister MB Patil highlighted the decline in FDI in Karnataka and the entire country due to global factors and flawed policies of t
A German brokerage predicts a possible sovereign rating upgrade for India due to strong growth and improved fiscal deficit targets. S&P recently upgra
Approximately 2.2% or Rs 7,755 crore of Rs 2,000 banknotes are still in circulation, 8 months after the deadline to exchange them. 97.82% of the total
NHAI has hiked toll charges by 5% on national highways. The revised user fee has been implemented from Monday, affecting motorists across the country.
