Economic Times
In March 2024, India's services exports dipped by 1.3% to $30 billion, while imports decreased by 2.1% to $16.61 billion, according to Reserve Bank da
1714657980 Economy - 7 months ago
The Reserve Bank of India (RBI) reported that 97.76% of the Rs 2000 denomination banknotes have been returned to the banking system, leaving only Rs 7
1714657626 Economy - 7 months ago
India's imports of electronics, telecom, and electrical products surged to USD 89.8 billion in 2023-24, with over half of these imports coming from Ch
1714649458 Economy - 7 months ago
Trade tensions near Nagpur impact onion and cotton, affecting orange growers and cotton farmers in Vidarbha. Export policies and market fluctuations p
1714649371 Economy - 7 months ago
India's path to becoming a developed country hinges on boosting exports, as demonstrated by China's growth. Leveraging bilateral agreements and FTAs,
1714641537 Economy - 7 months ago
OECD revised India’s FY25 growth forecast to 6.6%, citing strong investment and business confidence. Public sector investment will be crucial, with
1714638227 Economy - 7 months ago
The Reserve Bank of India is expected to delay cutting interest rates until the final quarter of the year, according to a Bloomberg survey. The RBI ma
1714632727 Economy - 7 months ago
Buoyant domestic demand ensured a strong start for the fiscal, with the manufacturing activity easing slightly to 58.8 in April compared with 59.1 in
1714630948 Economy - 7 months ago
In his new book 'Just A Mercenary?: Notes from My Life and Career', Subbarao wrote at length on his role in the decision-making on the pricing of the
1714629809 Economy - 7 months ago
In April, India's manufacturing sector saw a slight slowdown, yet remained strong due to high demand, revealed by a private business survey. This surg
1714626338 Economy - 7 months ago
India's economy is estimated to have grown 7.6% in FY24. The IMF expects India's GDP to expand 6.8% in FY25, retaining its status as the world's faste
1714592587 Economy - 7 months ago
A mobile application of the digital crop survey and relevant web applications will be used by nodal officials of states to gather data on crop sowing.
1714588873 Economy - 7 months ago
The International Monetary Fund (IMF) last month raised India's FY25 growth forecast by 30 basis points to 6.8%. Although the pace of expansion could
1714588759 Economy - 7 months ago
Implemented on 1 May 2022, the UAE-India CEPA offers numerous trade benefits, including the elimination and reduction of tariffs, an open trade enviro
1714580763 Economy - 7 months ago
Tax experts hailed the record-breaking GST collection of Rs 2.10 lakh crore in April, attributing it to a robust economy and effective audit and scrut
1714572167 Economy - 7 months ago
GTRI highlighted concerns over $700 million India spice exports at risk due to regulatory actions in critical markets. Urgent actions are needed to pr
1714567829 Economy - 7 months ago
Controversy involving MDH and Everest spice companies threatens India's spice shipments. Urgent quality resolution highlighted by Global Trade Researc
1714563798 Economy - 7 months ago
Developing e-com hubs to boost exports may figure in ministry's 100-day agenda of new govt: Official
India aims to boost exports through e-commerce hubs. Collaboration with ministries and industry experts to enhance export opportunities. E-commerce ex
1714551555 Economy - 7 months ago
India and Nigeria have agreed to conclude a local currency settlement system agreement to strengthen economic ties. The agreement, signed during a joi
1714549963 Economy - 7 months ago
India's Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year,
1714545191 Economy - 7 months ago
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