Economic Times
In FY24, nominal GDP grew 9.6%, CPI inflation recorded 5.4%, and real GDP growth was estimated at 8.2%.
India has taken Australia to arbitration at the WTO over changes to services commitments, impacting trade. The new regulations aim to lower global tra
Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implemen
The total foodgrain production in India is estimated at 3,288.52 lakh tonne in 2023-24, which is lower than 3,296.87 lakh tonnes of foodgrain producti
India's record-breaking economic growth rate and strong tax revenues provide a foundation for future reforms aimed at transforming the country into a
India's import of refined products from Russia increased by 14% in May, with naphtha imports tripling. State-run refiners brought in 77% more Russian
State's industries minister MB Patil highlighted the decline in FDI in Karnataka and the entire country due to global factors and flawed policies of t
A German brokerage predicts a possible sovereign rating upgrade for India due to strong growth and improved fiscal deficit targets. S&P recently upgra
Approximately 2.2% or Rs 7,755 crore of Rs 2,000 banknotes are still in circulation, 8 months after the deadline to exchange them. 97.82% of the total
NHAI has hiked toll charges by 5% on national highways. The revised user fee has been implemented from Monday, affecting motorists across the country.
If exit polls are accurate and Prime Minister Narendra Modi returns to power with a strong majority, major economic reforms are expected. This might i
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained four points higher than the long-run average, with exports help
Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the serv
Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. Th
Indian Prime Minister Narendra Modi is planning business-friendly measures if he secures a third term, aiming to boost domestic manufacturing by easin
In the interim budget in February, the government had set the FY25 fiscal deficit goal at 5.1% of GDP and revised the FY24 target to 5.8%. However, th
The Indian economy grew 8.2% in FY24, more than a percentage point higher than the previous year’s growth of 7%, according to data released last wee
Soaring temperatures and elections impacted loan collections in May, with lenders experiencing a drop in efficiency. They expect a rebound with the on
"By increasing the provisioning from 0.4% to 5%, project viability will be the biggest impediment as interest cost will increase which is turn will in
The letter was written after the board noted that many tax officers were abusing the exceptional case clause, initiating recovery proceedings before t
