Economic Times

Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. Th
Economy - 5 months ago
Indian Prime Minister Narendra Modi is planning business-friendly measures if he secures a third term, aiming to boost domestic manufacturing by easin
Economy - 5 months ago
In the interim budget in February, the government had set the FY25 fiscal deficit goal at 5.1% of GDP and revised the FY24 target to 5.8%. However, th
Economy - 5 months ago
The Indian economy grew 8.2% in FY24, more than a percentage point higher than the previous year’s growth of 7%, according to data released last wee
Economy - 5 months ago
Soaring temperatures and elections impacted loan collections in May, with lenders experiencing a drop in efficiency. They expect a rebound with the on
Economy - 5 months ago
"By increasing the provisioning from 0.4% to 5%, project viability will be the biggest impediment as interest cost will increase which is turn will in
Economy - 5 months ago
The letter was written after the board noted that many tax officers were abusing the exceptional case clause, initiating recovery proceedings before t
Economy - 5 months ago
India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to th
Economy - 5 months ago
The commerce and industry ministry may propose a dedicated policy for deep tech startups in the forthcoming Budget, to be announced by the new governm
Economy - 5 months ago
India will continue to be the world’s fastest-growing economy and the Indian-corporate world has its hopes up as it expects the next government to c
Economy - 5 months ago
The Reserve Bank of India is unlikely to cut the benchmark interest rate in its upcoming monetary policy review amid inflation challenges and improvin
Economy - 5 months ago
India's chances of soverign rating upgrade is likely high. Exit polls predict Narendra Modi's BJP-led NDA will secure a third term with a significant
Economy - 5 months ago
The CBIC has authorized Principal Commissioners or Commissioners to demand GST dues within three months of a demand order if necessary for revenue. Ge
Economy - 5 months ago
The Unified Payments Interface (UPI) network, operated by the National Payments Corporation of India (NPCI), has achieved a significant milestone by p
Economy - 5 months ago
In May, the Centre collected Rs 1.73 lakh crore in GST, a 10% annual increase. This is down from April's record Rs 2.1 lakh crore. The growth stemmed
Economy - 5 months ago
India's agricultural markets are under scrutiny as a new government prepares to take office, potentially impacting global food prices. Prime Minister
Economy - 5 months ago
India's agricultural markets are under scrutiny as a new government prepares to take office, potentially impacting global food prices. Prime Minister
Economy - 5 months ago
In absolute terms, the FY24 fiscal deficit stood at ?16.54 lakh crore, down from the revised estimate of ?17.35 lakh crore and FY23 level of ?17.38 la
Economy - 5 months ago
This is the highest annual growth since FY17, excluding the 9.7% post-Covid rebound in gross domestic product (GDP) in FY22 after the 5.8% contraction
Economy - 5 months ago
"India's very fast growth rate is an extremely important factor in the ratings and supports our economic assessment. It's also giving us more confiden
Economy - 5 months ago

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