Economic Times
India's factory employment rose by 7.4% in 2022-23, with 18.5 million workers, while emoluments per person increased by 6.3%. The gross value added (G
The Centre's fiscal deficit for the first five months of 2024-25 reached 27% of the annual target, an improvement from 36% the previous year. This per
The output of eight core infrastructure industries in August saw a decline of 1.8% after 42 months of growth, mainly due to heavy seasonal showers. Th
India has launched an anti-dumping probe into the import of Cold-Rolled Non-oriented Electrical Steel (CRNO) from China. This action follows complaint
Amitabh Kant, India's G20 Sherpa, highlights the country's impending urbanization with 500 million people moving to cities in the next four to five de
The government has extended the interest equalisation scheme for pre- and post-shipment rupee export credit till December 31, 2024. This move aims to
India's external debt increased to $682.3 billion by June 2024, marking a 2% rise from March 2024. The external debt to GDP ratio slightly decreased t
India's industrial sector is expanding swiftly, aiming for 9% GDP growth. NITI Aayog CEO B V R Subrahmanyam emphasized manufacturing job growth and su
The Union government has approved Rs 11,000 crore to enhance road connectivity in Chhattisgarh. Key projects include the development of four national
Several states advocate for better employment data and a targeted strategy for quality job creation at the fifth regional labour meeting. Discussions
The government extends the RoDTEP scheme benefits for exports from DTA units until September 30, 2025, and for AA/EOU/SEZ units until December 31, 202
India's current account deficit widened slightly to 1.1% of GDP in the June quarter, driven by a rising trade deficit. While net services receipts and
In 2022-23, the manufacturing sector saw a 7.5% increase in employment, reaching 1.85 crore workers, surpassing pre-pandemic levels. Key segments like
India experienced its highest monsoon rainfall since 2020, with above-average precipitation for three consecutive months, aiding recovery from last ye
India should accept the end of benefits under the US GSP scheme and not seek their return in future talks. Think tank GTRI suggests this, arguing the
Credit growth remained at 15% in August 2024 compared to last year. Lending to industry and agriculture accelerated, with industry credit growing 9.8%
India's core sector output growth plummeted to 1.8% in August 2024 from 13.4% in August 2023, with significant declines in natural gas and coal produc
India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of GD
India's fiscal deficit for April to August, or the first five months of this fiscal year, was at 4.35 lakh crore rupees, equivalent to 27% of annual e
India's clean oil-product exports surged to their highest since March 2022, driven by increased demand from Europe and Africa due to refinery shutdown
