Economic Times
The India Meteorological Department (IMD) predicts "above normal" rain for the June-September monsoon, boosting the prospects of a bountiful agricultu
India’s oil purchases from Russia jumped after the war as New Delhi purchased discounted crude. The share of Russian oil in India’s total imports
The finance ministry has approved the release of funds for six more months through September 2024 under the Indian government's flagship housing schem
India has diversified its trade to protect against regional conflicts and the ongoing Israel-Iran conflict. Commerce Secretary Sunil Barthwal said the
The specter of escalating conflict in West Asia looms over discussions on the global economy. It has ignited concerns among economic policymakers abou
The Directorate General of Foreign Trade has imposed port restrictions on exporting essential commodities to the Maldives due to tensions between Indi
"In my view, that is possible (India becoming the third-largest economy), but it's not a celebration. Why? We are a large economy because we are 1.40
For the full year, the trade deficit, at $240 billion, was 9.3% lower than the previous year. Exports tumbled 3.1%, as geopolitical tensions continued
Economists expect that despite easing inflation, Reserve Bank of India is unlikely to cut rates sooner, as it would wait for monsoon and Fed’s actio
India will take a policy decision to mitigate trade impact from Iran-Israel conflict after understanding the consequences. India, a large oil importer
The Indian Meteorological Department predicts above-average monsoon rainfall in 2024, estimated at 106% of the long-term average. The weakening El Nin
India's merchandise trade deficit decreased to $15.60 billion annually in March, according to government data. The yearly deficit narrowed to $240.2 b
Sugar export: The government has rejected sugar export possibility for the current season despite industry demand. Indian Sugar Mills Association seek
The Sela Tunnel holds the title of the world's longest bi-lane tunnel at an elevation exceeding 13,000 feet (almost 4,000 meters).
The Reserve Bank of India (RBI) kept the repo rate steady at 6.50% for the seventh consecutive time. Crisil forecasts rate cuts starting from mid-2024
India's wholesale price index-based inflation surged to 0.53% in March from 0.20% in February, driven by a significant increase in onion and potato pr
Exporters anticipate 10-15% rise in air freight to Europe post Iran's attack. Red Sea crisis diverts cargo to air, inflating costs. Longer routes caus
Finance ministry stresses rigorous KYC and due diligence to prevent financial frauds, focusing on data security, safeguarding the financial ecosystem,
The pace of exports has more than doubled from the 6.18% growth in the same period of FY23, according to estimates by Pharmaceutical Export Promotion
RBI increases gold purchases to diversify forex reserves, with gold value contributing to record $648.5 billion. Gold acquisitions aim to hedge agains
