Economic Times
India's economy is estimated to have grown 7.6% in FY24. The IMF expects India's GDP to expand 6.8% in FY25, retaining its status as the world's faste
1714592587 Economy - 6 months ago
A mobile application of the digital crop survey and relevant web applications will be used by nodal officials of states to gather data on crop sowing.
1714588873 Economy - 6 months ago
The International Monetary Fund (IMF) last month raised India's FY25 growth forecast by 30 basis points to 6.8%. Although the pace of expansion could
1714588759 Economy - 6 months ago
Implemented on 1 May 2022, the UAE-India CEPA offers numerous trade benefits, including the elimination and reduction of tariffs, an open trade enviro
1714580763 Economy - 6 months ago
Tax experts hailed the record-breaking GST collection of Rs 2.10 lakh crore in April, attributing it to a robust economy and effective audit and scrut
1714572167 Economy - 6 months ago
GTRI highlighted concerns over $700 million India spice exports at risk due to regulatory actions in critical markets. Urgent actions are needed to pr
1714567829 Economy - 6 months ago
Controversy involving MDH and Everest spice companies threatens India's spice shipments. Urgent quality resolution highlighted by Global Trade Researc
1714563798 Economy - 6 months ago
Developing e-com hubs to boost exports may figure in ministry's 100-day agenda of new govt: Official
India aims to boost exports through e-commerce hubs. Collaboration with ministries and industry experts to enhance export opportunities. E-commerce ex
1714551555 Economy - 6 months ago
India and Nigeria have agreed to conclude a local currency settlement system agreement to strengthen economic ties. The agreement, signed during a joi
1714549963 Economy - 6 months ago
India's Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year,
1714545191 Economy - 6 months ago
Economists warn of heatwave's impact on farm output and inflation, raising prices. Perishable foods, like vegetables, key contributors to inflation. C
1714505438 Economy - 7 months ago
India's core sector growth slowed to 5.2% in March 2024, impacted by various industries. The Index of Industrial Production (IIP) is likely to see a m
1714485376 Economy - 7 months ago
The IMF recently revised India’s growth forecast upward to 6.8% from 6.5% projected in its January forecast. The fund also revised India’s FY24 gr
1714484049 Economy - 7 months ago
The Reserve Bank of India (RBI) updated its "guidance note" on operational risk management for the financial sector, extending it to include NBFCs and
1714483675 Economy - 7 months ago
CareEdge Ratings predicts a 7-10% slowdown in the pace of National Highways construction in India, estimating around 31 km/day for the current fiscal
1714480163 Economy - 7 months ago
India's eight core sectors saw an annual growth rate of 5.2% in March, with production in cement, coal, electricity, natural gas, steel, and crude oil
1714476868 Economy - 7 months ago
In April, India increased imports of Russian oil while decreasing imports from Iraq and Saudi Arabia, according to preliminary data from Kpler and LSE
1714474648 Economy - 7 months ago
Govt buys 196 lakh tonne wheat so far, higher than annual demand of 186 lakh ton for welfare schemes
Government exceeds wheat procurement target for welfare schemes, focusing on buffer stocks and open market intervention. Lower purchases in Madhya Pra
1714474492 Economy - 7 months ago
Road construction in India is expected to slow down by 7-10% in FY 2024-25, with daily construction dropping to 31 km from 34 km in FY 2023-24, due to
1714466705 Economy - 7 months ago
However, the heatwave has posed challenges for the production of rice-bran oil, with manufacturers facing a shortage of labor. Rice-bran oil is extrac
1714452234 Economy - 7 months ago