Economic Times
A scorching heat wave sweeping through India raises concerns for policymakers amidst inflation worries, and may potentially delay interest rate cuts.
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed
India's manufacturing sector achieved a 16-year high in March, propelled by robust growth in new orders and production, marking a stellar close to FY2
India's manufacturing sector ended FY24 with remarkable performance, as reflected in the HSBC India Manufacturing PMI hitting a 16-year high of 59.1 i
India is setting near, medium, and long-term goals to become a developed economy by 2047, focusing on electric mobility, digitisation of payments infr
The Income Tax (I-T) department has deferred issuing final assessment orders on several foreign portfolio investors (FPIs) for the financial year 2021
India's goods and services tax (GST) collection in March reached ₹1.78 lakh crore, marking an 11.5% increase from the previous year and the second-h
Economists are optimistic about India's economy, forecasting a 7% growth in FY25 driven by improved manufacturing, farm activity, and robust urban dem
In the fiscal year 2023-24, the government's dividend collections from non-financial central public sector enterprises and entities with minority stak
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) saw an increase in work generation to 3.1 billion person-days in 2023-24 from
India's External Affairs Minister, S Jaishankar, has highlighted the government's concern over the ban on Russian-origin unpolished diamonds by the EU
India investigates 'Insoluble Sulphur' dumping from China and Japan, potentially leading to anti-dumping duties. The process aims for fair trade pract
India's imports from China saw a 3% decline in calendar year 2023 compared to 2022, according to the commerce and industry ministry. Meanwhile, export
Consultants and service providers are urging the government to avoid routing domestic deals involving foreign currencies, such as dollars, through the
The Reserve Bank of India (RBI) reported that nearly 97.69% of the Rs 2000 denomination banknotes have returned to the banking system, leaving only Rs
In March, India's imports of Russian oil increased by over 7% compared to February, as refiners opted for cheaper options amidst geopolitical tensions
The IMD assured that the increase in maximum temperatures will not affect the harvest-ready wheat crop. India is bracing for extreme heat from April t
Patit Paban De, senior member of the West Bengal Cold Storage Association, said there will be an estimated 10 per cent lower production of tubers, giv
“This surge was driven by a significant rise in GST collections from domestic transactions at 17.6%,” the finance ministry said in a statement.
In March 2024, Goods and Service Tax (GST) collection surged 11.5% year-on-year to Rs 1.78 lakh crore, marking the second-highest since GST's inceptio
