Economic Times
The Union Government announced on Thursday the release of Rs 1,78,173 crore as tax devolution to State Governments, which is double the usual monthly
The World Bank has raised India's economic growth forecast to 7% for the fiscal year ending in March 2025. This is up from April's 6.6% estimate. The
The Reserve Bank of India (RBI) holds the repo rate unchanged, shifting its policy stance to neutral, signaling ongoing inflation concerns. The UBI re
The Reserve Bank of India has projected a GDP growth of over 7 per cent for the financial year 2024-25. A report by State Bank of India notes that his
India's retail inflation in September exceeded the RBI's 4% target due to rising vegetable prices and a lower year-ago base. The inflation rate is pre
Foreign airlines in India gain GST exemption for head office services to branch offices per a government notification. Academic institutions also rece
The government is considering reducing its gold bond float target for 2024-25 to below ₹10,000 crore, citing unfavourable market conditions and high
The RBI projects CPI inflation to decrease to 4.1% in FY26 from 4.5% in the current fiscal. Economic growth is predicted to slightly decline to 7.1% i
Officials from Commerce, Industry, and Finance ministries, along with shipping and industry stakeholders, are to meet on Friday to discuss critical ta
The Union Cabinet has sanctioned a ₹4,406 crore initiative to build 2,280 km of roads in Punjab and Rajasthan border areas to enhance village connec
Indian households expect inflation to ease, as indicated by an RBI survey. Median perception of current inflation dips to 8.1%. Three-month and one-ye
The finance ministry reported over 34.84 lakh audit reports, including approximately 34.09 lakh Tax Audit Reports (TARs), were filed for AY 2024-25 by
Finance Minister Nirmala Sitharaman criticizes the EU's Carbon Border Adjustment Mechanism (CBAM), calling it unilateral and arbitrary. CBAM, set to s
India's ultra-short-term rates have dipped below the central bank's benchmark interest rate due to an easing monetary policy stance and added liquidit
Newly appointed external members of the monetary policy committee showed dissent in their first vote on policy rates. Nagesh Kumar voted for a cut, wh
The Reserve Bank of India has increased transaction caps for UPI123Pay and UPI Lite to boost UPI use. The UPI123Pay cap is raised from Rs 5000 to Rs 1
Experts urge the government to enhance the Geographical Indications (GI) law for better quality control and post-registration monitoring. Recommendati
The Reserve Bank of India has kept its key interest rate unchanged at 6.5% and shifted its policy stance to 'neutral'. This indicates a possible rate
The Union Cabinet, led by Prime Minister Narendra Modi, approved a scheme worth ₹17,082 crore for fortified rice to combat anemia and micronutrient
India's pharmaceutical and meditech exports continue to grow despite global economic slowdown, with robust double-digit growth. Government-backed drug
