Economic Times
India's retail inflation surged to a 14-month high of 6.21% in October, fueled by soaring food prices, particularly a 42.18% jump in vegetable costs.
India's middle class is tightening its belt as high inflation eats into their spending power. This slowdown in urban consumption, evident in declining
Morgan Stanley is bullish on India. The firm sees strong US-India relations and continued investment opportunities. Recent market fluctuations are te
The Reserve Bank of India may not reduce interest rates in February. Inflation is a concern. SBI Research predicts inflation will ease slightly from
India's retail inflation unexpectedly jumped to a 14-month high of 6.2% in October, driven by soaring vegetable, fruit, and edible oil prices. This su
Excluding August performance, the September output growth was at a nine-month low. It had increased by 6.4% in September 2023. For the quarter ended S
Claiming that India appears to be providing "significant" market price support (MPS) for rice and wheat, both in terms of absolute value and as a perc
India is poised to undertake a massive infrastructure development program, demanding significant capital investment. A global survey of infrastructure
India has implemented anti-dumping duties on Epichlorohydrin imports from China, Korea, and Thailand for the next five years. This decision, reached a
The Indian government is increasing onion supplies from its buffer stock to stabilize rising prices caused by temporary shortages. Along with releasi
India anticipates agricultural exports to exceed USD 50 billion in 2024-25, fueled by strong global demand and the recent lifting of export restrictio
India's merchandise exports will grow to $107.5 billion in the third quarter of FY25. Non-oil exports will see a significant rise. The growth is drive
India's Finance Minister, Nirmala Sitharaman, hinted at the possibility of reducing import taxes, contingent upon the absence of harm to domestic indu
India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reaso
India's Index of Industrial Production (IIP) grew by 3.1% in September, a rebound from a 0.1% contraction in August. Economists had expected a growth
During his visit to India for the 25th session of the India-Russia Intergovernmental Commission, Russian First Deputy Prime Minister Denis Manturov hi
Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council meeting. Ke
To avoid missing its capital expenditure target for the fiscal year 2024/2025, India is considering easing quarterly spending restrictions. The move c
The GST Council is likely to consider lowering the tax rate on certain insurance plans, including potentially eliminating the 18% tax on term life ins
India's trade with the United States has shown remarkable growth despite losing its Generalized System of Preferences (GSP) status in 2019. A report b
