Economic Times
India's Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year,
Economists warn of heatwave's impact on farm output and inflation, raising prices. Perishable foods, like vegetables, key contributors to inflation. C
India's core sector growth slowed to 5.2% in March 2024, impacted by various industries. The Index of Industrial Production (IIP) is likely to see a m
The IMF recently revised India’s growth forecast upward to 6.8% from 6.5% projected in its January forecast. The fund also revised India’s FY24 gr
The Reserve Bank of India (RBI) updated its "guidance note" on operational risk management for the financial sector, extending it to include NBFCs and
CareEdge Ratings predicts a 7-10% slowdown in the pace of National Highways construction in India, estimating around 31 km/day for the current fiscal
India's eight core sectors saw an annual growth rate of 5.2% in March, with production in cement, coal, electricity, natural gas, steel, and crude oil
In April, India increased imports of Russian oil while decreasing imports from Iraq and Saudi Arabia, according to preliminary data from Kpler and LSE
Government exceeds wheat procurement target for welfare schemes, focusing on buffer stocks and open market intervention. Lower purchases in Madhya Pra
Road construction in India is expected to slow down by 7-10% in FY 2024-25, with daily construction dropping to 31 km from 34 km in FY 2023-24, due to
However, the heatwave has posed challenges for the production of rice-bran oil, with manufacturers facing a shortage of labor. Rice-bran oil is extrac
Kazakhstan, Turkmenistan, and Afghanistan aim to bolster transit infrastructure, connecting with India via Iran's Chabahar Port. Key officials met in
The report said that in China and India, public investment made a significant contribution supporting growth. "In emerging markets, growth was support
The government is evaluating ways to enhance export competitiveness by examining the export credit landscape. Seeking insights from exporters, it aims
Goldman Sachs predicts that India's services exports will rise to $800 billion by 2030, up from $340 billion in 2023. This growth is expected to make
The National Council of Applied Economic Research (NCAER) has suggested that India's economy could grow faster than 7% in the current financial year.
The government's efforts to eliminate fake beneficiaries from various schemes resulted in saving approximately ₹3.35 lakh crore between FY18 and FY2
A report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This growth highligh
Some lenders are resorting to certain unfair practices in charging interest rates such as charged interest on loans from the date of sanctioning or ex
The NCAER's April 2024 Monthly Economic Review (MER) highlights the Indian economy's robust performance, citing a 16-year high in the PMI for manufact
