Economic Times
India has achieved a major economic milestone by becoming the world's fourth-largest holder of foreign exchange reserves, surpassing USD 700 billion f
The Centrum Group aims to finalize the sale of its housing finance subsidiary by the end of this fiscal year. They are engaging with multiple investor
Climate change may cause substantial GDP losses in Asia and the Pacific by 2070. India is likely to experience a 24.7 per cent GDP reduction. Rising s
India's central bank is prepared to handle potential foreign fund outflows and a steep fall in the rupee if Donald Trump wins the U.S. presidential el
The Indian rupee stayed stable due to central bank interventions despite pressure from rising odds of Trump winning the U.S. elections. Asian currenci
India and China are reshaping the global economy, shifting focus from G7 nations to the BRICS alliance. The BRICS+ group's share in global exports has
The central government's fiscal deficit for the first half of 2024-25 stands at 29.4% of the annual target, aided by restrained spending and lower fis
The central board of trustees of EPFO will meet on November 23 to approve the central pension payment system and Annual Report 2023-24. The approval f
India's core sector output grew by 2% in September, up from the 1.6% recorded in August. Five of the eight sectors, including cement and refinery prod
India and Saudi Arabia explored enhancing cooperation in fertilizers, petrochemicals, and mining to boost trade and investments during meetings betwee
Haryana and Punjab are progressing well towards their paddy procurement targets for the 2024-25 kharif marketing season, with 112 lakh tonnes already
India's Commerce Minister Piyush Goyal stated that the country does not view US-China tensions as beneficial. He emphasised India's self-reliance, dem
India is leveraging its democratic institutions, rule of law, and youth talent rather than seeking advantage from US-China trade tensions, Commerce an
The government reported that 840 tonnes of buffer onions have arrived in Delhi via rail to counter high prices. The onions will primarily be sold thro
In September 2024, India's eight core sectors' output growth increased by 2%, with significant positive growth in Cement, Refinery Products, Coal, Fer
India's fiscal deficit for April to September, or the first half of this fiscal year, was at 4.75 lakh crore rupees, equivalent to 29.4% of annual est
India's gold imports increased by 21.78% to USD 27 billion in April-September 2023-24 due to strong domestic demand, influencing the current account d
The Reserve Bank of India has significantly increased its gold holdings, reflecting a preference for safe haven assets amid global economic volatility
BRICS+ group, which includes countries like Brazil, Russia, India, China, South Africa and newly joined members, is rapidly increasing its share in gl
India Ratings and Research forecasts a decline in inflation for FY25 but does not expect immediate rate cuts from the Reserve Bank of India. Persisten
