Economic Times
India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter. This is the first time in ten quarters that t
1719670809 Economy - 5 months ago
Exporters have raised concerns over the short two-month extension of the Interest Equalisation Scheme (IES), exclusively for MSMEs, impacting labor-in
1719658688 Economy - 5 months ago
India's steel and trade ministries are discussing the increasing imports of steel, especially the influx of cheap Chinese goods, according to a govern
1719650654 Economy - 5 months ago
A deadly roof collapse at India’s busiest airport adds to a series of recent infrastructure disasters, raising safety concerns as PM Narendra Modi i
1719635380 Economy - 5 months ago
The extension of the interest equalisation scheme for MSMEs till August 31 with a total outlay of ₹750 crore disappoints non-MSME exporters and may
1719602675 Economy - 5 months ago
The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more supp
1719601769 Economy - 5 months ago
Under the green channel process, introduced in 2019, an M&A deal is deemed to have been approved upon filing the application with the regulator, subje
1719601717 Economy - 5 months ago
Interest rates for small savings schemes, including PPF and Sukanya Samriddhi accounts, remain steady for the September quarter. The government utiliz
1719601693 Economy - 5 months ago
The official data revealed the fiscal deficit reduced significantly between April and May, indicating financial improvement. Analysts foresee a faster
1719601069 Economy - 5 months ago
Core infrastructure industries maintained growth above 6% for the fourth consecutive month in May, with notable increases in power generation and coal
1719600716 Economy - 5 months ago
"This year, La Nina will develop in July. It is expected in a La Nina year to get more rainfall in the second half of the monsoon season," said M Raje
1719600572 Economy - 5 months ago
The annual growth rate of India's coal imports declined to 2.49% in the past decade, down from 21.48% in the previous decade, reflecting progress towa
1719593829 Economy - 5 months ago
The scheme helps exporters from identified sectors and all MSME manufacturer exporters to avail of rupee export credit at competitive rates at a time
1719592302 Economy - 5 months ago
The limits for financial accommodation extended by the RBI to state governments/ union territories (UTs) through Special Drawing Facility (SDF), WMA,
1719589787 Economy - 5 months ago
Indian conglomerate ITC predicts the Indian economy will sustain its high growth trajectory in FY2024-25 due to strong momentum in fixed investments a
1719589102 Economy - 5 months ago
Officials said while this would take care of the taxation issue for the first quarter, a final guideline for the second quarter onwards will be given
1719582835 Economy - 5 months ago
The Competition Commission of India (CCI) is set to announce changes to competition rules, including those related to green channel approvals for merg
1719578592 Economy - 5 months ago
In May, India's eight core sectors grew at a rate of 6.3% annually, slightly down from 6.7% in April but higher than 5.2% in May 2023. The sectors sho
1719574943 Economy - 5 months ago
India's forex reserves increased by $816 million to $653.7 billion as of June 21, compared to a previous contraction of $2.92 billion to $652.9 billio
1719574692 Economy - 5 months ago
Government's total gross liabilities rose to Rs 171.78 lakh crore by March 2024 from Rs 166.14 lakh crore in December. Public debt, at 90.2% of total,
1719574464 Economy - 5 months ago
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