Economic Times
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.
If exit polls are accurate and Prime Minister Narendra Modi returns to power with a strong majority, major economic reforms are expected. This might i
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained four points higher than the long-run average, with exports help
Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the serv
Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. Th
Indian Prime Minister Narendra Modi is planning business-friendly measures if he secures a third term, aiming to boost domestic manufacturing by easin
In the interim budget in February, the government had set the FY25 fiscal deficit goal at 5.1% of GDP and revised the FY24 target to 5.8%. However, th
The Indian economy grew 8.2% in FY24, more than a percentage point higher than the previous year’s growth of 7%, according to data released last wee
Soaring temperatures and elections impacted loan collections in May, with lenders experiencing a drop in efficiency. They expect a rebound with the on
"By increasing the provisioning from 0.4% to 5%, project viability will be the biggest impediment as interest cost will increase which is turn will in
The letter was written after the board noted that many tax officers were abusing the exceptional case clause, initiating recovery proceedings before t
India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to th
The commerce and industry ministry may propose a dedicated policy for deep tech startups in the forthcoming Budget, to be announced by the new governm
India will continue to be the world’s fastest-growing economy and the Indian-corporate world has its hopes up as it expects the next government to c
The Reserve Bank of India is unlikely to cut the benchmark interest rate in its upcoming monetary policy review amid inflation challenges and improvin
India's chances of soverign rating upgrade is likely high. Exit polls predict Narendra Modi's BJP-led NDA will secure a third term with a significant
The CBIC has authorized Principal Commissioners or Commissioners to demand GST dues within three months of a demand order if necessary for revenue. Ge
The Unified Payments Interface (UPI) network, operated by the National Payments Corporation of India (NPCI), has achieved a significant milestone by p
In May, the Centre collected Rs 1.73 lakh crore in GST, a 10% annual increase. This is down from April's record Rs 2.1 lakh crore. The growth stemmed
