Economic Times
India's merchandise exports will grow to $107.5 billion in the third quarter of FY25. Non-oil exports will see a significant rise. The growth is drive
India's Finance Minister, Nirmala Sitharaman, hinted at the possibility of reducing import taxes, contingent upon the absence of harm to domestic indu
India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reaso
India's Index of Industrial Production (IIP) grew by 3.1% in September, a rebound from a 0.1% contraction in August. Economists had expected a growth
During his visit to India for the 25th session of the India-Russia Intergovernmental Commission, Russian First Deputy Prime Minister Denis Manturov hi
Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council meeting. Ke
To avoid missing its capital expenditure target for the fiscal year 2024/2025, India is considering easing quarterly spending restrictions. The move c
The GST Council is likely to consider lowering the tax rate on certain insurance plans, including potentially eliminating the 18% tax on term life ins
India's trade with the United States has shown remarkable growth despite losing its Generalized System of Preferences (GSP) status in 2019. A report b
India and Russia are aiming to achieve $100 billion in bilateral trade by 2030, according to Indian External Affairs Minister S Jaishankar. While opti
The current law says an FPI cannot hold more than 10% of the total paid-up equity capital as portfolio investment in an Indian company. The investment
Indian Finance Minister Nirmala Sitharaman urged the Asian Infrastructure Investment Bank (AIIB) to expand its investments in key areas like climate a
India's government spending for the current fiscal year is expected to stay around the budgeted amount, despite upcoming requests for additional funds
The Indian government is poised to approve employment-linked incentive schemes after assembly elections conclude in Jharkhand and Maharashtra. The la
Indian farmers are rapidly planting winter crops like wheat, chana, and mustard, encouraged by strong prices. Heavy rains in southern regions have sl
The Indian government is considering implementing new accounting standards for large limited liability partnerships (LLPs) to enhance transparency and
Finance Minister Nirmala Sitharaman met with the Asian Infrastructure Investment Bank (AIIB) delegation. She urged the AIIB to explore innovative fin
India has experienced significant growth in intellectual property filings, with patents and industrial design filings doubling and trademarks increasi
Five WTO members have accused India of exceeding market support for wheat and rice, potentially distorting global trade. They claim India's support fo
India's tea industry is facing an economic crisis due to rising production costs, stagnant tea prices, and unfavorable weather conditions. The situat
