Economic Times
India's road transport and highways ministry planned to create integrated public transport and terminal infrastructure. The initiative aimed at centra
The Reserve Bank of India (RBI) has praised the Union Budget 2024-25 for striking the right balance between fiscal prudence and macroeconomic stabilit
Rural saving is also on the rise as evident in rising number and outstanding amounts of savings bank accounts, the study said The study noted that the
The Reserve Bank of India might continue its disinflationary monetary policy because high food prices are affecting overall inflation and consumer per
The Reserve Bank of India indicated that persistent high food prices could require a more cautious monetary policy. Although retail inflation fell in
RBI Deputy Governor M Rajeshwar Rao indicated the need for periodic increases in the deposit insurance coverage limit due to factors such as inflation
Finance Minister Nirmala Sitharaman chaired a meeting in Delhi to review Public Sector Banks' performance. Discussions included areas like Deposit Mob
India's market regulator, SEBI, planned to broaden its sustainable finance framework by including social and sustainability-linked bonds. With India's
The Comptroller and Auditor General (CAG) has recommended that the Finance Ministry periodically identify high-risk taxpayers within the GST compositi
India's Economic Survey 2023-24 warned that increasing obesity rates could hinder the country's economic potential. Experts urged the government to pr
India faces challenges in updating its economic policies, especially in food pricing and monetary policy, to match its growing economy. Outdated frame
India, Gita Gopinath pointed out, also stands to benefit from initiatives on reducing friction in services trade at the World Trade Organization. She
It marks a shift from the current practice of the NHAI focusing solely on the development of new highways and expressways under the Bharatmala Pariyoj
The ministry has moved a note for the approval of the Expenditure Finance Committee (EFC) to extend to the Interest Equalisation scheme by five years,
India and Australia have begun a new round of negotiations in Sydney to advance their comprehensive free trade agreement. These talks aim to finalize
Indian exporters are worried about the Monkeypox outbreak in Africa, a key trading partner. Although the situation is currently under control, they fe
In June, India's holding of US government securities rose to USD 241.9 billion, continuing an upward trend for the third consecutive month. Japan and
IMF's Gita Gopinath pointed out that India must create 60 to 148 million jobs by 2030 due to population growth. She stressed the need for labour codes
"Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, that 30% food inflation is hitting them sig
India raised objections to the EU's carbon tax, claiming it undermines fair global trade principles. Commerce Secretary Sunil Barthwal stressed that t
