Economic Times
Economists anticipate the Reserve Bank of India (RBI) to maintain its policy rate at 6.5% for the fiscal year 2024-25 due to factors like higher-than-
1713255195 Economy - 7 months ago
India has permitted limited onion exports to the United Arab Emirates (UAE) and Sri Lanka, despite ongoing restrictions on outward shipments of the ve
1713250052 Economy - 7 months ago
Middle East conflict may influence India's inflation and oil prices. Recent data shows decreasing consumer inflation. Monsoon forecasted to help contr
1713225600 Economy - 7 months ago
The India Meteorological Department (IMD) predicts "above normal" rain for the June-September monsoon, boosting the prospects of a bountiful agricultu
1713210288 Economy - 7 months ago
India’s oil purchases from Russia jumped after the war as New Delhi purchased discounted crude. The share of Russian oil in India’s total imports
1713209587 Economy - 7 months ago
The finance ministry has approved the release of funds for six more months through September 2024 under the Indian government's flagship housing schem
1713206886 Economy - 7 months ago
India has diversified its trade to protect against regional conflicts and the ongoing Israel-Iran conflict. Commerce Secretary Sunil Barthwal said the
1713205365 Economy - 7 months ago
The specter of escalating conflict in West Asia looms over discussions on the global economy. It has ignited concerns among economic policymakers abou
1713197247 Economy - 7 months ago
The Directorate General of Foreign Trade has imposed port restrictions on exporting essential commodities to the Maldives due to tensions between Indi
1713195121 Economy - 7 months ago
"In my view, that is possible (India becoming the third-largest economy), but it's not a celebration. Why? We are a large economy because we are 1.40
1713193395 Economy - 7 months ago
For the full year, the trade deficit, at $240 billion, was 9.3% lower than the previous year. Exports tumbled 3.1%, as geopolitical tensions continued
1713189402 Economy - 7 months ago
Economists expect that despite easing inflation, Reserve Bank of India is unlikely to cut rates sooner, as it would wait for monsoon and Fed’s actio
1713189121 Economy - 7 months ago
India will take a policy decision to mitigate trade impact from Iran-Israel conflict after understanding the consequences. India, a large oil importer
1713176593 Economy - 7 months ago
The Indian Meteorological Department predicts above-average monsoon rainfall in 2024, estimated at 106% of the long-term average. The weakening El Nin
1713172086 Economy - 7 months ago
India's merchandise trade deficit decreased to $15.60 billion annually in March, according to government data. The yearly deficit narrowed to $240.2 b
1713171535 Economy - 7 months ago
Sugar export: The government has rejected sugar export possibility for the current season despite industry demand. Indian Sugar Mills Association seek
1713170616 Economy - 7 months ago
The Sela Tunnel holds the title of the world's longest bi-lane tunnel at an elevation exceeding 13,000 feet (almost 4,000 meters).
1713168638 Economy - 7 months ago
The Reserve Bank of India (RBI) kept the repo rate steady at 6.50% for the seventh consecutive time. Crisil forecasts rate cuts starting from mid-2024
1713163695 Economy - 7 months ago
India's wholesale price index-based inflation surged to 0.53% in March from 0.20% in February, driven by a significant increase in onion and potato pr
1713162927 Economy - 7 months ago
Exporters anticipate 10-15% rise in air freight to Europe post Iran's attack. Red Sea crisis diverts cargo to air, inflating costs. Longer routes caus
1713125111 Economy - 7 months ago
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