Economic Times
PHDCCI predicts India's economy to grow at 8-8.3% this fiscal year, reaching a GDP of USD 34.7 trillion by 2047. Emphasis on key enablers like semicon
1713364564 Economy - 7 months ago
India's crude oil imports declined by 16% in the fiscal year ending March 31 due to lower global rates, but import dependency hit a new high at 87.7%.
1713352646 Economy - 7 months ago
CRISIL Ratings foresees improved operating margins for the cotton yarn spinning industry, driven by factors like revenue growth, stable cotton prices,
1713350305 Economy - 7 months ago
The US Federal Reserve's potential delay in cutting rates may impact the Reserve Bank of India's decision on beginning its rate easing cycle. Factors
1713348717 Economy - 7 months ago
India's oil meal exports in the 2023-24 fiscal year have reached a record high in both quantity and value, according to data from the Solvent Extracto
1713346360 Economy - 7 months ago
A study by IREF reveals that Indians in COVID-19 vulnerable districts allocated more savings to gold than those in other regions. Gold share in househ
1713337629 Economy - 7 months ago
Raghuram Rajan: Former Reserve Bank of India Governor highlights India's economic growth alongside concerning unemployment, emphasizing the shortage o
1713327803 Economy - 7 months ago
NIIF is gearing up to secure approximately $1 billion for its second Private Markets Fund (PMF), according to people familiar with the matter. PMF-II
1713326735 Economy - 7 months ago
India's reliance on pulses imports has increased, nearly doubling in the 2023-24 fiscal year to USD 3.74 billion. The surge in imports, estimated to b
1713321774 Economy - 7 months ago
US Trade Representative Katherine Tai highlighted the benefits of India's decision to remove retaliatory tariffs on several US products, including chi
1713317812 Economy - 7 months ago
Krishnamurthy V Subramaniam, Executive Director of the IMF, predicts India will remain a key driver of global growth, citing consistent 7%+ growth pos
1713315474 Economy - 7 months ago
RBI advises creating a central fund for internal ombudsman salaries to ensure independence and customer rights protection. The Annual Report highlight
1713292242 Economy - 7 months ago
India's pulse acreage is expected to increase in the kharif season due to record high prices and forecasted above-normal monsoon rains. Low domestic p
1713291827 Economy - 7 months ago
CBDT mandated SROs to report high-value transactions by June 30. 6,000 entities failed to comply, lacking data. Form 61A enforcement in progress for I
1713291709 Economy - 7 months ago
The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) with Indian taxpayers in 2023-24. This includ
1713287312 Economy - 7 months ago
The Reserve Bank of India (RBI) on Tuesday issued a significant directive, stating that from August 1, 2025, no entity involved in card transactions,
1713285081 Economy - 7 months ago
The International Monetary Fund (IMF) has revised its forecast for India's economy, predicting a 6.8% growth in FY25 and 6.5% in 2025. This follows up
1713272871 Economy - 7 months ago
UNCTAD released a report revising India's economic growth forecast for 2024 to 6.5%, a slight decrease from the previous year's 6.7%. The factors cont
1713269764 Economy - 7 months ago
Union Finance Minister Nirmala Sitharaman highlighted India's status as the fastest growing economy for three consecutive financial years, projecting
1713265093 Economy - 7 months ago
India is a major sugar producing country in the world. Sugar season runs from October to September. Currently, there are curbs on sugar exports for an
1713264420 Economy - 7 months ago
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