Economic Times
India's forex reserves reached a record high of $651.5 billion as of May 31, according to RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI
1717736522 Economy - 5 months ago
RBI MPC Meet 2024 LIVE: The Reserve Bank of India maintained its inflation forecast at 4.5% for this fiscal year amid concerns over rising food prices
1717735492 Economy - 5 months ago
The Reserve Bank of India (RBI) raised the FY25 real GDP growth forecast to 7.2% from 7% due to improved rural and urban demand, bolstered by monsoon
1717735346 Economy - 5 months ago
RBI MPC Meet 2024: The Reserve Bank of India, under the guidance of the Monetary Policy Committee (MPC), maintained the repo rate at 6.5 per cent for
1717734826 Economy - 5 months ago
In May, China's exports surged by 7.6% year-on-year to $302.35 billion, surpassing expectations, despite ongoing trade tensions. Imports, however, gre
1717733996 Economy - 5 months ago
Budget 2024: A weaker majority for Prime Minister Narendra Modi's alliance may lead to increased welfare spending without the need for additional borr
1717733777 Economy - 5 months ago
Fitch Ratings anticipates minimal policy shifts in India post-election losses. The upcoming July budget will detail economic reform plans and fiscal g
1717731781 Economy - 5 months ago
The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to maintain the current interest rate at 6.5%, following a 4:2 majority decisi
1717730270 Economy - 5 months ago
Demand for work under India's rural job guarantee scheme, MGNREGS, dropped for a seventh consecutive month in May, signaling improved economic conditi
1717699826 Economy - 5 months ago
In May, the prices of potatoes, onions, and tomatoes led to a rise in the cost of home-cooked meals for the second consecutive month, according to a C
1717698791 Economy - 5 months ago
Deal activity in May dropped by 3% to $5.023 billion. Mergers and acquisitions fell by 58%, but private equity deals rose by 49%. Largest deals includ
1717690828 Economy - 5 months ago
The average cost of a vegetarian thali increased by 9% in May due to rising onion, tomato, and potato prices, as per a report on Thursday.
1717673898 Economy - 5 months ago
RBI Policy Meeting: The Reserve Bank of India (RBI) is expected to maintain the repo rate at 6.5% with a focus on withdrawing accommodation, marking t
1717672093 Economy - 5 months ago
Over the past decade, Narendra Modi has propelled India's economy to become one of the fastest-growing globally, positioning it to soon rank as the wo
1717667377 Economy - 5 months ago
Post-election, certain Indian businesses face uncertainty after years of stability under Modi's single-party majority. Concerns arise about decision-m
1717659552 Economy - 5 months ago
The 2024 Lok Sabha elections deliver a fractured mandate, influencing economic reform outlook. Experts recommend focusing on public capex and high-tec
1717657988 Economy - 5 months ago
Fitch Ratings predicts that the new government in India, led by Narendra Modi, will face challenges in passing legislation on ambitious reforms due to
1717657898 Economy - 5 months ago
The number of penalties imposed by the Reserve Bank of India on financial institutions grew 88% in the past three years with Know Your Customer (KYC)
1717614588 Economy - 5 months ago
Economists emphasize the new Indian government's need to focus on growth, job creation, fiscal stability, tax reforms, and risk management. Reforms in
1717612929 Economy - 5 months ago
India's services sector output growth moderated in May, reaching its lowest level in five months, according to the HSBC India Services Business Activi
1717612535 Economy - 5 months ago
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