Economic Times
India might reach developed country status by 2047 if it achieves rapid economic growth for the next decade, Patra said. The goal requires achieving a
Union Minister Nitin Gadkari criticized the makers of Detailed Project Reports (DPRs) for not following proper procedures in highway and tunnel constr
RBI Deputy Governor Michael Debabrata Patra said domestic saving will continue to largely finance India's investment needs. While household financial
The World Bank has increased India's growth forecast for FY25 to 7%, previously set at 6.6%. Despite a slowdown in Q1FY25 caused by reduced government
Rich Lesser, global chair of Boston Consulting Group, expresses confidence in the economic prospects of India and the US. BCG has seen significant gro
Chief economic adviser V Anantha Nageswaran warned against letting financial market expectations overly influence India's policy and macroeconomic dec
In August, demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) fell for the tenth consecutive month, with 19
The Reserve Bank of India (RBI) announced that 97.96% of the Rs 2000 notes have returned to the banking system, with only Rs 7,261 crore still with th
The Union Cabinet led by Prime Minister Narendra Modi has approved the Manmad-Indore 309 km railway line at a cost of Rs 18,036 crore. This project wi
The Union Cabinet, led by PM Narendra Modi, has launched the Digital Agriculture Mission with an outlay of Rs 2,817 crore to improve farmers' lives th
The Union Cabinet has cleared seven initiatives to boost agricultural activities in India, focusing on digital agriculture, food security, and horticu
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs 1.41
Chief Economic Advisor V Anantha Nageswaran cautioned India against financialization while praising its strong economic growth prospects. He emphasise
Nomura has revised India's FY25 economic growth forecast to 6.7%, down from 6.9%, after April-June quarter GDP data showed slower-than-expected growth
In August, India's manufacturing growth slowed to a three-month low due to a significant softening in demand. The HSBC India Manufacturing PMI dropped
India's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overall growth in
The Reserve Bank of India is scrutinizing large write-offs of overseas investments by several companies, suspecting these might not be genuine busines
India's GST collections rose to ₹1.75 lakh crore in August, a 10% increase from last year, with experts anticipating a further spike during the fest
The GTRI data analysis stated that China supplies 95.8 per cent of India's umbrellas and sun umbrellas (USD 31 million) and 91.9 per cent of artificia
GST Collection August 2024: Goods and Services Tax (GST) collections in August saw a significant increase, totaling Rs 1,74,962 crore, which marks a
