Economic Times
In the fiscal year 2023-24, China has overtaken the US as India's largest trading partner, with a total two-way commerce of $118.4 billion, as per the
1715490974 Economy - 6 months ago
Although the usage of vanaspati has significantly reduced, it remains a significant factor in calculating the Wholesale Price Index (WPI). In India, v
1715446812 Economy - 6 months ago
As India faces summer heatwaves, chances of the Reserve Bank of India (RBI) reducing interest rates dwindle. The Bank of Baroda report links severe he
1715411594 Economy - 6 months ago
Amidst geopolitical tensions in West Asia causing a sharp decline in saffron supplies from Iran, Indian saffron prices have surged by over 20% at whol
1715383800 Economy - 6 months ago
The fact that India's exports between April and January of FY24 were $3.7 billion and its imports, primarily from Russia's crude oil imports, were $51
1715366473 Economy - 6 months ago
Among the three major industries, manufacturing and electricity recorded a faster pace of growth in March compared with the previous month, expanding
1715352712 Economy - 6 months ago
The government had approved the application of 27 companies, including HP, Dell, Flextronics, Lava International, Lenovo, Netweb Technologies, under a
1715351836 Economy - 6 months ago
The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.2 per cent in March 2024, from 5 per c
1715342699 Economy - 6 months ago
The Reserve Bank of India (RBI) is expected to transfer around Rs 1 lakh crore to the government in FY25, as per a report by Union Bank of India. This
1715341727 Economy - 6 months ago
India's forex reserves increased by $3.66 billion to $641.59 billion as of May 3, up from a previous contraction of $2.41 billion. Foreign currency as
1715340810 Economy - 6 months ago
The Tata Sons chairman noted that companies are adjusting their supply chains to achieve a balance between resilience and efficiency. Additionally, Ch
1715333117 Economy - 6 months ago
Households' net financial savings decreased to the lowest level in five decades, amounting to 5.3% of GDP in FY23, down from 7.3% in the previous fisc
1715332436 Economy - 6 months ago
ISMA seeks sugar export despite surplus, impacting closing stock projections. Central government prioritizes ethanol over export, aiming to build rese
1715325767 Economy - 6 months ago
In April 2023-24, company registrations fell 3.7%, while LLPs surged 36%. The trend continued from the previous year, reflecting optimism and growth p
1715279947 Economy - 6 months ago
The central government's fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue r
1715279135 Economy - 6 months ago
Finance Minister Nirmala Sitharaman emphasized the potential of eastern India as a growth engine, urging Jharkhand to tackle corruption for industrial
1715278972 Economy - 6 months ago
India's fiscal deficit for the year ending March 2024 is anticipated to surpass the government's estimate of 17.35 trillion rupees, with increased tax
1715257309 Economy - 6 months ago
Tea industry in season 2024 faces challenges with production declines, weather issues, and financial stress. Darjeeling sector seeks relief package fo
1715256338 Economy - 6 months ago
The World Trade Organization (WTO) has predicted global goods trade to slowly recover in 2024 following a contraction last year. The volume of world m
1715250629 Economy - 6 months ago
Household savings saw a third consecutive decline in FY24, dropping by Rs 9 lakh crore to Rs 14.16 lakh crore by FY23, per MoSPI data. ICRA's Aditi Na
1715249988 Economy - 6 months ago
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