Economic Times
"Soyabean prices have been low as the crushing of our own crop was less due to higher imports of cooking oils. Low import duties and low prices in the
The Reserve Bank of India (RBI) kept policy interest rates unchanged for the eighth consecutive meeting due to concerns about rising food prices. The
RBI Governor Shaktikanta Das announced the central bank's commitment to maintaining money market rates and borrowing costs through flexible liquidity
RBI warns banks about high credit-deposit ratio, urges balance in assets and liabilities without specifying an ideal ratio. CD ratio at 80%, near deca
The Household Consumption Expenditure Survey (HCES) results revealed a decline in consumption inequality over the last decade in India. The share of t
The Centre is set to introduce the Central Excise Bill, 2024 to replace the outdated Central Excise Act, 1944 and align excise law with GST and custom
Vinayak Pai, CEO of Tata Projects, highlights the need for better detailed project report (DPR) preparation to minimize delays in infrastructure proje
Importers of pulses in India have urged the central government to impose an import duty on yellow peas due to the adverse impact of inexpensive import
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the r
Households in India expect inflation to decrease in the short term but anticipate a slight increase over the next three months to a year, according to
Retail inflation for industrial workers decreased to 3.87% in April from 4.2% in March. Ministry of Labour and Employment released the Consumer Price
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth fo
India's medium-term fiscal consolidation faces challenges with a new coalition government coming to power, potentially impacting a ratings upgrade, as
Moody's Analytics warned that reduced political stability due to a coalition government in India could slow decision-making and erode investor confide
Moody's Analytics highlighted that the upcoming Union Budget will set policy priorities for the coalition government, shaping the next five years' gro
Narendra Modi is set to begin his third term as PM with a full-strength NDA team, amidst optimism for India's economic future. RBI Governor Shantikant
India's foreign exchange reserves reached a record $651.5 billion as of May 31, 2024, bolstered by robust services exports and strong remittances. RBI
The new Indian government will focus on infrastructure, with higher outlays towards railways, roads, and water, according to Icra. Narendra Modi will
India Inc. applauds the RBI's decision to maintain the repo rate at 6.5% and its revised FY25 growth outlook of 7.2%. Businesses expect rate cuts if i
The Reserve Bank of India has transferred 100 metric tonnes of gold from the UK to India, citing sufficient domestic storage capacity. Governor Shakti
