Economic Times
India's net direct tax collections surged 182.02% to Rs 19.60 lakh crore in FY24, driven by a 294.3% increase in personal income tax collections, outp
India is set to become the third largest global economy by 2030, driven by rapid growth as the fastest-growing major economy. With its 2024 entry into
India is rapidly building its renewable energy capacity, yet its growing economy and population will increase demand for carbon-intensive products. Mo
India's imported inflation reached a 13-month high in September 2024, increasing by 2%. Key contributors include rising prices of gold, oils, and chem
Indian conglomerates plan to invest $800 billion in the next decade. Most funding will go to existing businesses, but 40% will target new sectors like
The ministry of road transport and highways will directly award halted projects under Bharatmala Pariyojana. Projects under `1,000 crore will be award
India's net oil and gas import bill rose by 20% to $69 billion in the first half of the fiscal year due to rising consumption and stagnant domestic pr
The worsening diplomatic ties between India and Canada, the previous year's largest pulse supplier, are unlikely to increase pulse prices for Indian c
A group of ministers decided not to extend the GST compensation cess to new items until determining its future post-March 2026. The panel, led by Unio
Increasing the minimum support price for rabi crops will have a minimal effect on retail inflation. Economists estimate a slight rise in Wholesale Pri
The government raises MSP by up to 5% for seven rabi crops for the 2025-26 season. Mustard and rapeseed see the highest increase, followed by lentils
Leading economist Jagdish Bhagwati asserts that this is the Indian century under Prime Minister Modi’s leadership, urging for cautious optimism. He
India's merchandise exports grew marginally in September after two months of decline, driven by engineering, chemical, and electronic goods. Despite g
Indian executives believe their IT infrastructure is top-notch, but only half are confident it can tackle future challenges, according to the 2024 Kyn
China is now India's top import source with USD 56.29 billion in shipments from April to September this fiscal. The US is the leading export destinati
India is expediting FTA talks with Australia, aiming for a comprehensive economic cooperation agreement before Australia's 2024 elections. Current bil
State government's capital expenditure (capex) is expected to grow by 13 percent in FY’25, slowing down from 19 percent in FY'23-24 due to a slower
Prime Minister Narendra Modi's Union Cabinet has approved the Varanasi-Pt Deen Dayal Upadhyaya (DDU) multi-tracking project costing Rs 2,642 crore. Ke
The central government has instructed its departments to address pensioners' grievances within 21 days or provide interim replies if more time is need
In a major step to ensure fair prices for farmers and stabilize market rates for consumers, the government has approved ₹35,000 crore for the PM Ann
