Economic Times

GST Collection August 2024: Goods and Services Tax (GST) collections in August saw a significant increase, totaling Rs 1,74,962 crore, which marks a
Economy - 2 months ago
India's domestic air passenger traffic grew by 7 per cent year-on-year in July 2024 to 1.30 crore passengers. The period saw disruption due to adverse
Economy - 2 months ago
India achieved a trade surplus with 151 countries, such as the US and Netherlands, while experiencing a trade deficit with 75 nations, including China
Economy - 2 months ago
India's economy has grown significantly, reaching USD 130 billion in 2024 from USD 10 billion in 2014, with predictions to hit USD 300 billion by 2030
Economy - 2 months ago
India's GDP growth slowed to 6.7% in the April-June quarter, down from 8.2% a year ago, primarily due to decreased government spending amid the Lok Sa
Economy - 2 months ago
RBI Governor Shaktikanta Das stated that India's growth story remains strong despite a slight dip in GDP due to reduced government spending during the
Economy - 2 months ago
India's External Affairs Minister, S. Jaishankar, highlighted India's distinct challenges with China, beyond global concerns, focusing on border tensi
Economy - 2 months ago
India's trade ministry has advised imposing an anti-dumping duty on aluminium foil imports from China. This recommendation follows a surge in Chinese
Economy - 2 months ago
Noted economist Nouriel Roubini spoke at length on the world's current geopolitical and economic challenges, including deglobalisation, protectionism,
Economy - 2 months ago
India's GDP growth in the first quarter of FY25 has slowed to 6.7%, still above the decade average of 6.4%. The report by SBI highlights weak performa
Economy - 2 months ago
India's growth rate dropped to a five-quarter low of 6.7% in the April-June period. This slowdown was influenced by a decrease in agriculture and trad
Economy - 2 months ago
The Indian central government's fiscal deficit in the first four months of the financial year reached 17.2% of the annual target, significantly lower
Economy - 2 months ago
The Indian economy can sustain a 7% growth rate over the medium term if it continues structural reforms, according to chief economic advisor V Anantha
Economy - 2 months ago
India's core sector, including eight major industries, recorded a 6.1% growth in July, up from 5.2% the previous month, according to official data. De
Economy - 2 months ago
India has greenlit 12 industrial nodes under the National Industrial Corridor Development Programme with an investment of ₹28,602 crore. Spread acro
Economy - 2 months ago
The Reserve Bank of India reported that the all-India House Price Index (HPI) moderated to 3.3% in the June quarter of 2024-25, down from 5.1% in the
Economy - 2 months ago
Aadhaar will streamline the KYC process for financial products by addressing document redundancies, according to a senior RBI executive. The National
Economy - 2 months ago
Due to the seven-phase Lok Sabha elections, Chief Economic Advisor V. Anantha Nageswaran noted that GDP growth momentum stayed robust, explaining that
Economy - 2 months ago
India's fiscal deficit in the first four months of FY25 reached 17.2% of the annual target, a decrease from 33.9% a year earlier. The government recor
Economy - 2 months ago
As of July 2024, the Union Government has received a total of ₹10,23,406 crore, accounting for 31.9% of the Budget Estimates (BE) for 2024-25. This
Economy - 2 months ago

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