Economic Times
India sets ambitious goal to attract $100 billion annually in foreign direct investment, aiming to diversify away from China. Rajesh Kumar Singh, secr
1712374028 Economy - 8 months ago
India is probably a positive outlier in the world hobbled with economic challenges, offering Mint Road the opportunity to further consolidate its war
1712361600 Economy - 8 months ago
Overnight indexed swap (OIS) rates in India have shown that derivatives markets have generally relinquished expectations of rate cuts in 2024 as the c
1712343595 Economy - 8 months ago
Labour ministry drives integration of unorganised worker data into e-Shram portal, aiming to enhance social security coverage for millions, prevent fr
1712341230 Economy - 8 months ago
Banks and insurance firms will launch campaigns and leverage digital banking units (DBUs) to enhance outreach, officials said, adding that a roadmap w
1712340334 Economy - 8 months ago
The Wholesale Price Index inflation in pulses was 18.48% in February, up from 16.06% in January. With the general election scheduled for April-May, th
1712339874 Economy - 8 months ago
Households’ inflation expectations for both three months and one year ahead moderated by 20 basis points (bps, one bps is 0.01 percent) each to 9 pe
1712334754 Economy - 8 months ago
India has lifted export restrictions on nine products, including potatoes, onions, rice, wheat flour, and sugar, to the Maldives for the current fisca
1712332311 Economy - 8 months ago
RBI's forex reserves surged to a record $645.58 billion, boosted by a $2.9 billion increase, with foreign currency assets rising to $570.61 billion. G
1712328736 Economy - 8 months ago
Central bank continues to build reserves to counter volatility, with India's reserves at $645.6 billion. Governor Das emphasizes the need to create a
1712327397 Economy - 8 months ago
A recent RBI survey shows that consumer confidence in India has surged to its highest level since mid-2019. Respondents expressed optimism about the c
1712324895 Economy - 8 months ago
The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party appli
1712321710 Economy - 8 months ago
Sanyal explained that the RBI's decision was supported by the trajectory of the Consumer Price Index (CPI), which remained below 4 per cent for the fi
1712319332 Economy - 8 months ago
India has permitted limited exports of essential commodities like sugar, wheat, rice, and onions to the Maldives, despite strained relations between M
1712316334 Economy - 8 months ago
The Central Bank Digital Currency (CBDC) transaction volumes have gone down after crossing 10 lakh in late-December 2023, Reserve Bank of India Govern
1712315910 Economy - 8 months ago
India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherlands, Portu
1712314157 Economy - 8 months ago
As the central bank held key policy rates steady, the EMIs on home and auto loans are likely to remain stable for some more time. The RBI has kept int
1712311747 Economy - 8 months ago
The central bank will issue a draft circular in this regard for comments of all stakeholders. Under the liquidity coverage ratio (LCR) introduced post
1712308780 Economy - 8 months ago
RBI Governor Shaktikanta Das addressed concerns over potential heatwave impacts on agricultural prices, stating that while wheat prices are unlikely t
1712304364 Economy - 8 months ago
The Reserve Bank of India (RBI) kept the policy interest rate and monetary stance unchanged for the seventh consecutive review meeting, citing uncerta
1712303537 Economy - 8 months ago
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