Economic Times
The budget-making process begins in August or September at the finance ministry, specifically the Budget Division in the Department of Economic Affair
The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy.
India's transformation through technology, specifically in tax administration, serves as a global example. The government is leading this change, enab
Interim Budget 2024: India's economic growth relies heavily on the retail sector, which contributes over 10% to the country's GDP. However, the govern
The plan is to come up with a comprehensive action plan to bridge India’s trade deficit with China and align India’s trading strategies with emerg
Apple growers in Jammu & Kashmir and Himachal Pradesh, India's prime apple-growing regions, are facing a significant drop in production this year due
In the last budget, the capex outlay was raise by 37.4% to Rs 10 lakh crore. Latest GDP data also showed encouraging trends on capital formation. Whil
The government plans to reduce gross borrowing to Rs 15.3 lakh crore in FY25, targeting a fiscal deficit of 5.5% of GDP. SBI researchers believe that
“Consumption already forms a bigger part of the Indian economy (58%) than in most large consumer-led economies. This, coupled with an expected surge
Interim Budget: The upcoming interim budget is crucial in terms of fiscal prudence and setting the path for achieving the fiscal consolidation target.
Indian private sector activity likely reached a four-month high in January due to a faster rate of expansion in new orders. The HSBC flash India PMI O
French President Emmanuel Macron's visit to India for Republic Day celebrations is expected to boost ongoing talks for a comprehensive trade agreement
Amid Brent Crude's drop below $80 per barrel, India's Modi government may consider a fuel price reduction before upcoming general elections, aiming to
India's business activity expanded at the fastest pace in four months in January, according to HSBC's flash India Composite Purchasing Managers' Index
There has been a dramatic transformation in India-Australia relations, in less than a decade, from persistent suspicions and distrust, occasional anim
The number of income-tax payers in India rose to 93.7 million in FY23 from 52.6 million in FY14. The tax deducted at source (TDS) emerged as the large
However, industry executives said there is little scope for an immediate reduction in prices. Industry executives said a reduction in retail prices ma
The ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated completion c
India's top priorities for the MC13 include securing a permanent solution for its public stockholding (PSH) programme. This programme seeks flexibilit
The government is planning to increase the number of projects under the Parvatmala Pariyojana, which is the national ropeways development programme, t
