Economic Times
In a recent interview, Larry Summers, Harvard professor and former U.S. Treasury Secretary, expressed optimism about the Indian economy while acknowle
From April 1, 2025, new anti-profiteering investigations under GST will cease, allowing businesses to set prices independently. Ongoing cases will con
India's manufacturing growth decreased to an eight-month low in September due to weakening demand and reduced output. New orders and export growth slo
As the global inflation shock wanes, lower borrowing costs are expected, with the US Federal Reserve and other major economies likely to continue rate
PM Kisan Yojana: Prime Minister Narendra Modi will release the 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana on October
India's factory employment rose by 7.4% in 2022-23, with 18.5 million workers, while emoluments per person increased by 6.3%. The gross value added (G
The Centre's fiscal deficit for the first five months of 2024-25 reached 27% of the annual target, an improvement from 36% the previous year. This per
The output of eight core infrastructure industries in August saw a decline of 1.8% after 42 months of growth, mainly due to heavy seasonal showers. Th
India has launched an anti-dumping probe into the import of Cold-Rolled Non-oriented Electrical Steel (CRNO) from China. This action follows complaint
Amitabh Kant, India's G20 Sherpa, highlights the country's impending urbanization with 500 million people moving to cities in the next four to five de
The government has extended the interest equalisation scheme for pre- and post-shipment rupee export credit till December 31, 2024. This move aims to
India's external debt increased to $682.3 billion by June 2024, marking a 2% rise from March 2024. The external debt to GDP ratio slightly decreased t
India's industrial sector is expanding swiftly, aiming for 9% GDP growth. NITI Aayog CEO B V R Subrahmanyam emphasized manufacturing job growth and su
The Union government has approved Rs 11,000 crore to enhance road connectivity in Chhattisgarh. Key projects include the development of four national
Several states advocate for better employment data and a targeted strategy for quality job creation at the fifth regional labour meeting. Discussions
The government extends the RoDTEP scheme benefits for exports from DTA units until September 30, 2025, and for AA/EOU/SEZ units until December 31, 202
India's current account deficit widened slightly to 1.1% of GDP in the June quarter, driven by a rising trade deficit. While net services receipts and
In 2022-23, the manufacturing sector saw a 7.5% increase in employment, reaching 1.85 crore workers, surpassing pre-pandemic levels. Key segments like
India experienced its highest monsoon rainfall since 2020, with above-average precipitation for three consecutive months, aiding recovery from last ye
India should accept the end of benefits under the US GSP scheme and not seek their return in future talks. Think tank GTRI suggests this, arguing the
