Economic Times
The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP wa
1715503030 Economy - 6 months ago
A study by the Asian Development Bank is underway to assess infrastructure needs and identify industry clusters to achieve India's USD 1 trillion merc
1715500378 Economy - 6 months ago
Large public sector companies in India spent over Rs 50,200 crore on capital expenditure in April FY25, 6.46% of the annual target of Rs 7.77 lakh cro
1715498357 Economy - 6 months ago
India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY2
1715492725 Economy - 6 months ago
The total original cost of these projects was Rs 26,87,535.69 crore, but their anticipated completion cost is expected to be Rs 31,88,859.02 crore, re
1715492356 Economy - 6 months ago
In the fiscal year 2023-24, China has overtaken the US as India's largest trading partner, with a total two-way commerce of $118.4 billion, as per the
1715490974 Economy - 6 months ago
Although the usage of vanaspati has significantly reduced, it remains a significant factor in calculating the Wholesale Price Index (WPI). In India, v
1715446812 Economy - 6 months ago
As India faces summer heatwaves, chances of the Reserve Bank of India (RBI) reducing interest rates dwindle. The Bank of Baroda report links severe he
1715411594 Economy - 6 months ago
Amidst geopolitical tensions in West Asia causing a sharp decline in saffron supplies from Iran, Indian saffron prices have surged by over 20% at whol
1715383800 Economy - 6 months ago
The fact that India's exports between April and January of FY24 were $3.7 billion and its imports, primarily from Russia's crude oil imports, were $51
1715366473 Economy - 6 months ago
Among the three major industries, manufacturing and electricity recorded a faster pace of growth in March compared with the previous month, expanding
1715352712 Economy - 6 months ago
The government had approved the application of 27 companies, including HP, Dell, Flextronics, Lava International, Lenovo, Netweb Technologies, under a
1715351836 Economy - 6 months ago
The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.2 per cent in March 2024, from 5 per c
1715342699 Economy - 6 months ago
The Reserve Bank of India (RBI) is expected to transfer around Rs 1 lakh crore to the government in FY25, as per a report by Union Bank of India. This
1715341727 Economy - 6 months ago
India's forex reserves increased by $3.66 billion to $641.59 billion as of May 3, up from a previous contraction of $2.41 billion. Foreign currency as
1715340810 Economy - 6 months ago
The Tata Sons chairman noted that companies are adjusting their supply chains to achieve a balance between resilience and efficiency. Additionally, Ch
1715333117 Economy - 6 months ago
Households' net financial savings decreased to the lowest level in five decades, amounting to 5.3% of GDP in FY23, down from 7.3% in the previous fisc
1715332436 Economy - 6 months ago
ISMA seeks sugar export despite surplus, impacting closing stock projections. Central government prioritizes ethanol over export, aiming to build rese
1715325767 Economy - 6 months ago
In April 2023-24, company registrations fell 3.7%, while LLPs surged 36%. The trend continued from the previous year, reflecting optimism and growth p
1715279947 Economy - 6 months ago
The central government's fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue r
1715279135 Economy - 6 months ago