Economic Times
India Ratings and Research forecasts a decline in inflation for FY25 but does not expect immediate rate cuts from the Reserve Bank of India. Persisten
Indian policymakers are deliberating on permitting strategic foreign investors to buy stakes in local companies through mezzanine instruments, mixing
India's external assets have increased by USD 108.4 billion from June 2023 to June 2024, while liabilities grew by USD 97.7 billion, according to the
Reserve Bank of India Gold Buys: The RBI recently moved 102 tonnes of gold from the UK to India, increasing domestic reserves amid geopolitical uncert
India's central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a slim major
India's foreign exchange reserves covered 11.2 months of imports as of June 2024, down from 11.3 months in March. Short-term debt rose to 20.3% of res
The Reserve Bank of India increased its domestic gold holdings by over 100 metric tonnes by September 2024. It now holds 854.73 metric tonnes of gold,
Payments totaling ₹21,108 crore to MSMEs are pending across 90,000 applications on the MSME Samadhaan portal. State governments and central public s
The Indian government has initiated contract farming with farmers in Tamil Nadu, Bihar, Jharkhand, and Gujarat to grow pulses on 1,500 hectares to cur
The World Trade Organization’s dispute settlement body has agreed to another deferral on India's import duties ruling, pushed to April 25 next year.
The Centre announced that as of October 28, 2024, it has procured 60.63 lakh tonnes of paddy in Punjab, disbursing Rs 12,200 crore to farmers. With a
India is pushing to boost domestic manufacturing of IT hardware, military aircraft, and semiconductors through various incentive schemes and initiativ
Between April and September, the Reserve Bank of India enhanced domestic gold reserves by 102 metric tonnes, raising the total to 510.46 metric tonnes
The seven projects included Jharsuguda to Sason 3rd and 4th lines Rail Line, Odisha; Tirupati-Katpadi Double Line, Andhra; Pradesh and Tamil Nadu; Pra
Spanish President Pedro Sanchez emphasizes the significant potential for a stronger EU-India partnership, focusing on advancing the EU-India FTA negot
The income tax department has set the tolerance limits for variation between arm's length price and transfer pricing at one per cent for wholesale tra
Ethanol production increase in India for 2024/25 will reduce domestic sugar availability and halt exports, as 5 million metric tons of sucrose are div
A GST Council panel proposes expanding the definition of affordable housing from ₹45 lakh to ₹55 lakh, potentially boosting the sector. The panel
India's economic outlook stays positive, supported by stable external sector conditions, favorable agriculture prospects, and potential increased gove
The government considers utilizing the ₹76,000 crore corpus from construction workers' cess to ensure a minimum pension for workers over 60, needing
