Economic Times
India's core sector growth slowed to 5.2% in March 2024, impacted by various industries. The Index of Industrial Production (IIP) is likely to see a m
1714485376 Economy - 6 months ago
The IMF recently revised India’s growth forecast upward to 6.8% from 6.5% projected in its January forecast. The fund also revised India’s FY24 gr
1714484049 Economy - 6 months ago
The Reserve Bank of India (RBI) updated its "guidance note" on operational risk management for the financial sector, extending it to include NBFCs and
1714483675 Economy - 6 months ago
CareEdge Ratings predicts a 7-10% slowdown in the pace of National Highways construction in India, estimating around 31 km/day for the current fiscal
1714480163 Economy - 6 months ago
India's eight core sectors saw an annual growth rate of 5.2% in March, with production in cement, coal, electricity, natural gas, steel, and crude oil
1714476868 Economy - 6 months ago
In April, India increased imports of Russian oil while decreasing imports from Iraq and Saudi Arabia, according to preliminary data from Kpler and LSE
1714474648 Economy - 6 months ago
Govt buys 196 lakh tonne wheat so far, higher than annual demand of 186 lakh ton for welfare schemes
Government exceeds wheat procurement target for welfare schemes, focusing on buffer stocks and open market intervention. Lower purchases in Madhya Pra
1714474492 Economy - 6 months ago
Road construction in India is expected to slow down by 7-10% in FY 2024-25, with daily construction dropping to 31 km from 34 km in FY 2023-24, due to
1714466705 Economy - 6 months ago
However, the heatwave has posed challenges for the production of rice-bran oil, with manufacturers facing a shortage of labor. Rice-bran oil is extrac
1714452234 Economy - 6 months ago
Kazakhstan, Turkmenistan, and Afghanistan aim to bolster transit infrastructure, connecting with India via Iran's Chabahar Port. Key officials met in
1714452189 Economy - 6 months ago
The report said that in China and India, public investment made a significant contribution supporting growth. "In emerging markets, growth was support
1714451529 Economy - 6 months ago
The government is evaluating ways to enhance export competitiveness by examining the export credit landscape. Seeking insights from exporters, it aims
1714415405 Economy - 6 months ago
Goldman Sachs predicts that India's services exports will rise to $800 billion by 2030, up from $340 billion in 2023. This growth is expected to make
1714415070 Economy - 6 months ago
The National Council of Applied Economic Research (NCAER) has suggested that India's economy could grow faster than 7% in the current financial year.
1714414834 Economy - 6 months ago
The government's efforts to eliminate fake beneficiaries from various schemes resulted in saving approximately ₹3.35 lakh crore between FY18 and FY2
1714414301 Economy - 6 months ago
A report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This growth highligh
1714406400 Economy - 6 months ago
Some lenders are resorting to certain unfair practices in charging interest rates such as charged interest on loans from the date of sanctioning or ex
1714400704 Economy - 6 months ago
The NCAER's April 2024 Monthly Economic Review (MER) highlights the Indian economy's robust performance, citing a 16-year high in the PMI for manufact
1714399389 Economy - 6 months ago
The RBI has launched two new surveys, the 'Inflation Expectations Survey of Households' and the 'Consumer Confidence Survey,' ahead of its June moneta
1714397878 Economy - 6 months ago
In a bid to revolutionise project planning in the construction industry, Mytek Innovations has introduced a groundbreaking digital platform utilizing
1714388322 Economy - 6 months ago