Economic Times

India's crude oil import bill decreased by 16% YoY to $132 billion in 2023-24 due to lower oil prices, according to the country's oil ministry data. D
Economy - 7 months ago
India is considering expanding its capital goods promotion scheme to include sectors like pharmaceuticals and textiles. The current scheme primarily s
Economy - 7 months ago
Delhi ITAT grants DLF Urban relief, rejecting ₹328 crore addition. Property valued via Cushman and Wakefield for Moti Nagar land development rights.
Economy - 7 months ago
IMF/World Bank Spring Meetings in DC focus on reforming MDBs to address 21st-century challenges. G20 crucial in pushing for comprehensive reforms. MDB
Economy - 7 months ago
New FDI limits for satellite activities, effective April 16, aim to attract foreign investors into the Indian space sector following a Cabinet decisio
Economy - 7 months ago
The Indian government has amended its foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing an
Economy - 7 months ago
PHDCCI predicts India's economy to grow at 8-8.3% this fiscal year, reaching a GDP of USD 34.7 trillion by 2047. Emphasis on key enablers like semicon
Economy - 7 months ago
India's crude oil imports declined by 16% in the fiscal year ending March 31 due to lower global rates, but import dependency hit a new high at 87.7%.
Economy - 7 months ago
CRISIL Ratings foresees improved operating margins for the cotton yarn spinning industry, driven by factors like revenue growth, stable cotton prices,
Economy - 7 months ago
The US Federal Reserve's potential delay in cutting rates may impact the Reserve Bank of India's decision on beginning its rate easing cycle. Factors
Economy - 7 months ago
India's oil meal exports in the 2023-24 fiscal year have reached a record high in both quantity and value, according to data from the Solvent Extracto
Economy - 7 months ago
A study by IREF reveals that Indians in COVID-19 vulnerable districts allocated more savings to gold than those in other regions. Gold share in househ
Economy - 7 months ago
Raghuram Rajan: Former Reserve Bank of India Governor highlights India's economic growth alongside concerning unemployment, emphasizing the shortage o
Economy - 7 months ago
NIIF is gearing up to secure approximately $1 billion for its second Private Markets Fund (PMF), according to people familiar with the matter. PMF-II
Economy - 7 months ago
India's reliance on pulses imports has increased, nearly doubling in the 2023-24 fiscal year to USD 3.74 billion. The surge in imports, estimated to b
Economy - 7 months ago
US Trade Representative Katherine Tai highlighted the benefits of India's decision to remove retaliatory tariffs on several US products, including chi
Economy - 7 months ago
Krishnamurthy V Subramaniam, Executive Director of the IMF, predicts India will remain a key driver of global growth, citing consistent 7%+ growth pos
Economy - 7 months ago
RBI advises creating a central fund for internal ombudsman salaries to ensure independence and customer rights protection. The Annual Report highlight
Economy - 7 months ago
India's pulse acreage is expected to increase in the kharif season due to record high prices and forecasted above-normal monsoon rains. Low domestic p
Economy - 7 months ago
CBDT mandated SROs to report high-value transactions by June 30. 6,000 entities failed to comply, lacking data. Form 61A enforcement in progress for I
Economy - 7 months ago

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