Economic Times
Net tax collections increased by over 18% year-on-year to Rs 11.25 lakh crore as of October 11. This includes Rs 4.94 lakh crore from corporate tax an
India's Index of Industrial Production (IIP) contracted by 0.1 per cent in August on an annual basis, following a 4.7 per cent growth in July. Mining,
India's foreign exchange reserves decreased by $3.7 billion to $701.18 billion as of October 4, according to the Reserve Bank of India. The RBI interv
Former US President Donald Trump, during a speech in Detroit, emphasized his commitment to imposing reciprocal taxes if re-elected. He cited India's h
The Reserve Bank of India instructed banks to review and modify their payment systems to ensure accessibility for persons with disabilities. Payment s
India's palm oil imports in September dropped over 33% from August, totaling 527,314 metric tons, according to the Solvent Extractors' Association of
Tamil Nadu Chief Minister M K Stalin announced bonuses and ex-gratia for 2.75 lakh workers of state PSUs for 2023-24, ahead of Diwali. Profit-making P
Rising food inflation over nearly two years in India has caused budgetary strain on government-funded school meal programs, forcing cutbacks in key nu
The RBI has shifted to a 'neutral' policy stance, increasing expectations of a rate cut in December. Most financial institutions anticipate a 25 basis
India's GDP growth forecast for FY25 remains at 7% due to higher agricultural production and robust employment growth. The World Bank predicts India w
The World Trade Organization adjusts its 2024 global trade growth forecast to 2.7%, citing gradual recovery despite risks from Middle East conflicts a
Tamil Nadu and Gujarat have both netted over Rs 22,000 crore in state GST collections from April 2024, with Karnataka showing a 9.7% growth. Maharasht
The Union Government announced on Thursday the release of Rs 1,78,173 crore as tax devolution to State Governments, which is double the usual monthly
The World Bank has raised India's economic growth forecast to 7% for the fiscal year ending in March 2025. This is up from April's 6.6% estimate. The
The Reserve Bank of India (RBI) holds the repo rate unchanged, shifting its policy stance to neutral, signaling ongoing inflation concerns. The UBI re
The Reserve Bank of India has projected a GDP growth of over 7 per cent for the financial year 2024-25. A report by State Bank of India notes that his
India's retail inflation in September exceeded the RBI's 4% target due to rising vegetable prices and a lower year-ago base. The inflation rate is pre
Foreign airlines in India gain GST exemption for head office services to branch offices per a government notification. Academic institutions also rece
The government is considering reducing its gold bond float target for 2024-25 to below ₹10,000 crore, citing unfavourable market conditions and high
The RBI projects CPI inflation to decrease to 4.1% in FY26 from 4.5% in the current fiscal. Economic growth is predicted to slightly decline to 7.1% i
