Economic Times
Financial flows also increased leading to accretion in foreign exchange reserves during the fourth quarter amounting to USD 30.8 billion, it said. The
There are three types of budgets: balanced, surplus, and deficit, based on how accurate these projections are. The three distinct budget kinds are dis
In light of Bengaluru's growing demands, Karnataka Infrastructure Development Minister MB Patil has directed staff to draft a feasibility study for th
EY recommends significant tax reforms in the upcoming Budget, urging the government to double the standard deduction under the new concessional tax re
The National Council of Applied Economic Research (NCAER) forecasts India's FY25 GDP growth at about 7.5%, driven by strong economic activity. NCAER's
The government is preparing to revise the income criteria for middle-income groups (MIGs) to qualify for assistance under the Pradhan Mantri Awas Yoja
The upcoming budget aims to boost consumption, support farmers, create jobs, and reform tax systems. It focuses on tax cuts, lifting export restrictio
Ahead of the Union Budget for 2024-25, the Union Minister of Finance and Corporate Affairs held the eighth Pre-Budget Consultation in New Delhi, focus
"It is being reviewed to assess effectiveness," said an official, adding that there is a line of thinking that it should be made optional for taxpayer
The retail and wholesale inflation in rice has been in double digits since last year. India, the largest exporter of rice, banned export of broken ric
Banks were urged to improve customer experience in banking services by focusing on initiatives like CKYC, Jan Samarth portal, and Aadhar seeding. The
Bharatiya Mazdoor Sangh presses for extending MGNREGS, raising pensions, and improving worker benefits, including for beedi and National Health Missio
A note from Madhavi Arora, lead economist at Emkay Global Financial Services Ltd, said cumulative rainfall till June 21 was 17% below the long-term av
Key export-related demands included creating an Indian shipping line, duty cuts, and extending credit schemes. Nasscom pushed for favorable policies l
India’s goods exports in FY24 were $437.1 billion and imports were $675.4 billion. The ministry has been developing standard operating procedures to
Nicholas McCaffrey aims to enhance the scope and impact of the existing trade agreement between India and Australia, working towards formulating a com
RBI has to navigate its path towards the 4% inflation target with a "clear and unambiguous focus and (its) commitment to bring down the inflation to 4
In March 2024, India's external debt reached $663.8 billion, showing a $39.7 billion increase from the previous year. The valuation effect and a decli
According to the report, nearly 43 per cent of the surveyed farmers lost at least half of their standing crops. Rice, vegetables, and pulses were part
Speaking at the international workshop on GNSS-based electronic toll collection in India, union minister for road transport and highways Nitin Gadkari
