Economic Times
India's forex reserves increased by $3.66 billion to $641.59 billion as of May 3, up from a previous contraction of $2.41 billion. Foreign currency as
1715340810 Economy - 7 months ago
The Tata Sons chairman noted that companies are adjusting their supply chains to achieve a balance between resilience and efficiency. Additionally, Ch
1715333117 Economy - 7 months ago
Households' net financial savings decreased to the lowest level in five decades, amounting to 5.3% of GDP in FY23, down from 7.3% in the previous fisc
1715332436 Economy - 7 months ago
ISMA seeks sugar export despite surplus, impacting closing stock projections. Central government prioritizes ethanol over export, aiming to build rese
1715325767 Economy - 7 months ago
In April 2023-24, company registrations fell 3.7%, while LLPs surged 36%. The trend continued from the previous year, reflecting optimism and growth p
1715279947 Economy - 7 months ago
The central government's fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue r
1715279135 Economy - 7 months ago
Finance Minister Nirmala Sitharaman emphasized the potential of eastern India as a growth engine, urging Jharkhand to tackle corruption for industrial
1715278972 Economy - 7 months ago
India's fiscal deficit for the year ending March 2024 is anticipated to surpass the government's estimate of 17.35 trillion rupees, with increased tax
1715257309 Economy - 7 months ago
Tea industry in season 2024 faces challenges with production declines, weather issues, and financial stress. Darjeeling sector seeks relief package fo
1715256338 Economy - 7 months ago
The World Trade Organization (WTO) has predicted global goods trade to slowly recover in 2024 following a contraction last year. The volume of world m
1715250629 Economy - 7 months ago
Household savings saw a third consecutive decline in FY24, dropping by Rs 9 lakh crore to Rs 14.16 lakh crore by FY23, per MoSPI data. ICRA's Aditi Na
1715249988 Economy - 7 months ago
Despite global economic uncertainties, India's exports increased to 115 countries out of 238 destinations in 2023-24. The merchandise exports slightly
1715248931 Economy - 7 months ago
India's consumer price inflation is expected to ease to 4.80% in April, driven by persistent food inflation challenges. Economists foresee inflation r
1715222593 Economy - 7 months ago
India progresses negotiations for trade settlement in rupees post-elections, aiming to become a major manufacturing hub. Home Minister Shah criticizes
1715214600 Economy - 7 months ago
India's transition to digital payments is effectively curbing the traditional outflow of currency from its banking system, as evidenced by the sharpes
1715212800 Economy - 7 months ago
India extends duty-free yellow peas import until October 2024. In April-February FY24, the import of yellow peas was $235.92 million as against $0.14
1715192038 Economy - 7 months ago
Indian exporters seek priority shipment for MSMEs at Delhi Airport due to delays caused by Bangladesh transhipment, leading to quadrupled air freight
1715192031 Economy - 7 months ago
A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all sta
1715191853 Economy - 7 months ago
Google argued before the National Company Law Appellate Tribunal (NCLAT) that the Competition Commission of India (CCI) order, which imposed a penalty
1715191737 Economy - 7 months ago
The 16th Finance Commission requests input on terms of reference. Flexibility granted by the Centre. Recommendations on grants and consolidated fund a
1715191526 Economy - 7 months ago