Economic Times
The wheat processing industry is urging the removal of the 40% import duty on wheat to address the shortage in the local market. With government procu
Priya Guha, the new chair of FICCI UK Council, and Baroness Usha Prashar discuss the India-UK Free Trade Agreement, emphasizing research, innovation,
“A modest easing of headline inflation in the reading for April 2024 confirms the expectation that an uneven and lagged pace of alignment with the t
Household savings in India likely saw a recovery in FY24, rebounding from a low in FY23, driven by increased deposit growth, investments in markets an
The Reserve Bank of India, in its monthly bulletin, highlighted India's imminent economic upturn, noting international recognition and anticipation of
Private sector investment is set to increase in the latter half of the fiscal year, particularly in sectors like hotels and tourism, following extensi
India's government is revamping the built-operate-transfer (BOT) model to attract private capital, which is expected to surpass Rs 1 trillion by 2030.
India has urged state-run oil refiners and Reliance Industries Ltd. to negotiate a long-term supply deal with Russia to shield the economy from volati
India's federal government spending is expected to remain sluggish for several more months, leading to potential measures to inject liquidity into the
Economists predict India's economy to grow at a four-quarter low of 6.7% in Q4FY24. The growth in 3 FY24 was 8.4%. Agricultural GVA is likely to contr
The commerce ministry has developed a draft comprehensive strategy for future Free Trade Agreements (FTAs). The draft will reviewed by key departments
India's Russian oil imports surged to a nine-month peak in April as shipments resumed on non-sanctioned tankers, largely operated by Sovcomflot. India
The finance ministry is set to increase CPSE dividend estimates by Rs 5,000 crore to approximately Rs 53,000 crore for the current fiscal year in the
India has reinforced restrictions on specific electronics and IT goods imports, according to a recent Commerce Ministry notification dated May 20. The
The government, led by Vivek Joshi, addresses concerns around GST levy on co-lending arrangements with NBFCs, raising issues of distortion and increas
The regulator is firming up a proposal to enhance its strength to strictly enforce regulations under the amended competition law of 2023, which has si
The steps assume significance amid reports on the recall of two Indian spice brands' -- MDH and Everest -- products in Singapore and Hong Kong due to
RBI has kept its benchmark interest rate unchanged at 6.5% for more than a year, sticking to a relatively hawkish stance as inflation remains above it
Competition Commission of India (CCI) chief Ravneet Kaur highlighted the opacity of algorithms in assessing their impact on competition, emphasizing t
India needs to create 115 million jobs by 2030 to boost services and manufacturing for economic expansion. The country must generate 16.5 million jobs
