Economic Times
The surge in food and beverage prices has emerged as a key factor driving India's inflation in the fiscal year 2024, according to the Reserve Bank of
1717050369 Economy - 6 months ago
The Reserve Bank of India's annual report projects a 7% growth for the Indian economy in the current fiscal year. It highlights the economy's resilien
1717049470 Economy - 6 months ago
The Reserve Bank of India's balance sheet grew by 11.08% to Rs 70.48 lakh crore as of March 31, 2024. The RBI's income rose by 17.04%, while expenditu
1717047838 Economy - 6 months ago
Citi anticipates S&P Global Ratings will upgrade India's sovereign rating by late 2026, following S&P's recent outlook improvement to 'positive' from
1717044638 Economy - 6 months ago
India's strong growth, driven by consumer and business spending, is expected to become more broad-based, according to Morgan Stanley. The global inves
1717042110 Economy - 6 months ago
S&P Global Ratings has upgraded India's sovereign outlook to 'positive' after 10 years, citing improved public spending quality and expectations of co
1717027200 Economy - 6 months ago
The Indian government's fiscal deficit could be slightly lower than revised estimates of 5.8% of GDP due to robust revenues and lower subsidy outgo. T
1717011784 Economy - 6 months ago
Creditors in India have been able to recover nearly half of their claims under the Insolvency and Bankruptcy Code (IBC) when the resolution is complet
1717011582 Economy - 6 months ago
The Asian Development Bank (ADB) has pledged $2.6 billion in sovereign lending to India in 2023 for projects aimed at urban development, industrial co
1717010898 Economy - 6 months ago
Finance Minister Nirmala Sitharaman praised S&P's upgrade of India's rating outlook to positive, citing solid growth and a promising future. She highl
1716998896 Economy - 6 months ago
The Reserve Bank of India (RBI) has criticized asset reconstruction companies (ARCs) for their use of distressed assets and innovative structures to c
1716994303 Economy - 6 months ago
Asian Development Bank (ADB) committed USD 2.6 billion (about Rs 21,500 crore) in sovereign lending to India in 2023 for various projects. The fund is
1716991809 Economy - 6 months ago
The International Labour Organization (ILO) predicts a slight decrease in global unemployment in 2024, contrary to its earlier forecast of a rise, cit
1716984907 Economy - 6 months ago
At the FICCI-Cold Chain and Logistics Summit on Wednesday, Ahirwar said that the gaps in physical infrastructure such as bad roads and inefficient por
1716984164 Economy - 6 months ago
The Reserve Bank of India (RBI) banned Edelweiss Asset Reconstruction Company Limited (EARCL) from acquiring financial assets due to concerns observed
1716981937 Economy - 6 months ago
India's silver imports in the first four months of 2024 have surpassed the total for all of 2023, driven by rising solar panel demand and investor int
1716979640 Economy - 6 months ago
India is set to resume wheat imports after a six-year hiatus to replenish dwindling reserves and stabilize soaring prices caused by poor harvests. The
1716974626 Economy - 6 months ago
GDP Q4: As the country buzzes with election excitement, India is set to release its GDP growth numbers for the fourth quarter of FY24 this Friday, alo
1716970302 Economy - 6 months ago
S&P upgraded India's economic outlook to 'positive' from 'stable', affirming its 'BBB-' rating, the lowest investment grade. Despite elevated fiscal d
1716969689 Economy - 6 months ago
Lok Sabha Elections: As Modi gears up for a potential third term, global firms highlight challenges facing India's economy: policy inconsistencies, bu
1716962652 Economy - 6 months ago