Economic Times
The United States emerged as India's leading trading partner in early 2024, although the country experienced a record trade deficit of $41.6 billion w
The Directorate General of Goods and Services Tax Intelligence (DGGI) dropped a ₹3,000 crore tax demand for 2017-18 against 18 foreign shipping comp
India has released draft plans to create e-commerce export hubs, aiding small producers in selling via aggregators. The hubs will include packing, sto
India has invested approximately USD 13 billion in the space sector in the last decade, resulting in a significant contribution of USD 60 billion to t
Goldman Sachs lowered India's economic growth projection by 20 basis points for the next two years, highlighting a significant drop in government spen
Prices of two major food items, potato and rice, have decreased. Potato prices fell by 8% in 20 days due to an oversupply caused by West Bengal haltin
External members of India's rate-setting panel suggested keeping headline inflation as the target for monetary policy. They emphasized that headline i
The government invited proposals to set up e-commerce export hubs (ECEH) in India. The initiative aims to streamline export processes through e-commer
India's Forex reserves saw an increase of $4.54 billion to reach $674.66 billion as of August 16, according to the RBI. Foreign currency assets (FCAs)
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect Taxes and Customs (CBIC) to proactively address do
India might retract its $4 billion tax demand on Infosys following intense lobbying and industry backlash. The tax notice, targeting overseas offices
RBI MPC Members: India's government is set to appoint new external members to the Reserve Bank of India's monetary policy committee by October. The se
Commerce and industry minister Piyush Goyal says FDI is allowed in B2B but online players such as Amazon are selling to consumers, which raises questi
The reading on the index remained above the 50-mark, which separates expansion from contraction for the 37th consecutive month. Flash PMI records 75-8
The report said the FY25 budget has laid out a glide path of fiscal consolidation. Supported by strong revenue collection, discipline in revenue expen
The Department for Promotion of Industry and Internal Trade (DPIIT) has withdrawn a 2016 office memorandum that expanded copyright law to cover intern
Union Finance Minister Nirmala Sitharaman emphasized the crucial role of MSMEs in achieving India's vision of becoming a developed nation by 2047. Hig
At the CII India Africa Business Conclave, Commerce secretary Sunil Barthwal said that the African Continental Free Trade Area (AfCFTA) has identified
India is considering allowing certain foreign investors to raise capital in rupees for investments in select countries, aiming to boost the global use
The views in India's Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a 'highe
