Economic Times
The GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from 12 to 5 pe
India aims to integrate scalable food security measures into existing government programmes while promoting local crop varieties. Agriculture Secretar
A ministerial panel will meet on October 19 to discuss reducing GST on health and life insurance premiums, currently at 18 per cent. The 13-member gro
India is leading growth among G20 countries, with the OECD raising its growth forecast to 6.7% for FY25 and 6.8% for FY26. Chief economist Álvaro Per
India's external debt-to-GDP ratio is at 18.7%, with a debt service ratio of 6.7% and foreign exchange reserves-to-external debt ratio at 97.4%. Finan
India's core consumer inflation hit a decadal low of 3.14% in June, suggesting excess capacity in the economy. Jahangir Aziz from JP Morgan Chase advo
India marked 10 years of Prime Minister Narendra Modi's 'Make in India' initiative, which has revitalized the industrial sector, attracted investments
The government's inconsistent policies on laptop import restrictions have led to increased business uncertainty and costs, according to think tank GTR
India's external debt-to-GDP ratio stands at 18.7%, with a debt service ratio of 6.7% and foreign exchange reserves-to-external debt ratio at 97.4%. F
Jahangir Aziz from JP Morgan discusses the impact of the US Fed's rate cut on India's economy, suggesting that the Reserve Bank of India should consid
India's production-linked incentive scheme has attracted over $17 bn in investments since its 2020 launch, boosting domestic manufacturing across 14 s
The finance ministry will begin pre-budget meetings on October 10, starting with the ministry of new and renewable energy. These meetings, continuing
India's policy on Chinese investments remains unchanged, requiring government approval for FDI from countries sharing land borders. Despite tensions a
Chief economists express cautious optimism about the global economy, highlighting India's strong performance in South Asia. The World Economic Forum's
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
