Economic Times
India's reliance on pulses imports has increased, nearly doubling in the 2023-24 fiscal year to USD 3.74 billion. The surge in imports, estimated to b
1713321774 Economy - 7 months ago
US Trade Representative Katherine Tai highlighted the benefits of India's decision to remove retaliatory tariffs on several US products, including chi
1713317812 Economy - 7 months ago
Krishnamurthy V Subramaniam, Executive Director of the IMF, predicts India will remain a key driver of global growth, citing consistent 7%+ growth pos
1713315474 Economy - 7 months ago
RBI advises creating a central fund for internal ombudsman salaries to ensure independence and customer rights protection. The Annual Report highlight
1713292242 Economy - 7 months ago
India's pulse acreage is expected to increase in the kharif season due to record high prices and forecasted above-normal monsoon rains. Low domestic p
1713291827 Economy - 7 months ago
CBDT mandated SROs to report high-value transactions by June 30. 6,000 entities failed to comply, lacking data. Form 61A enforcement in progress for I
1713291709 Economy - 7 months ago
The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) with Indian taxpayers in 2023-24. This includ
1713287312 Economy - 7 months ago
The Reserve Bank of India (RBI) on Tuesday issued a significant directive, stating that from August 1, 2025, no entity involved in card transactions,
1713285081 Economy - 7 months ago
The International Monetary Fund (IMF) has revised its forecast for India's economy, predicting a 6.8% growth in FY25 and 6.5% in 2025. This follows up
1713272871 Economy - 7 months ago
UNCTAD released a report revising India's economic growth forecast for 2024 to 6.5%, a slight decrease from the previous year's 6.7%. The factors cont
1713269764 Economy - 7 months ago
Union Finance Minister Nirmala Sitharaman highlighted India's status as the fastest growing economy for three consecutive financial years, projecting
1713265093 Economy - 7 months ago
India is a major sugar producing country in the world. Sugar season runs from October to September. Currently, there are curbs on sugar exports for an
1713264420 Economy - 7 months ago
Recent rains have not impacted wheat and other rabi crops, with harvesting progressing smoothly. The IMD predicts continued rain and hailstorms due to
1713260753 Economy - 7 months ago
India's road construction is expected to grow 5-8% this year to 12,500-13,000 km, driven by government investment and project completions, rating agen
1713258081 Economy - 7 months ago
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