Economic Times
In FY24, nominal GDP grew 9.6%, CPI inflation recorded 5.4%, and real GDP growth was estimated at 8.2%.
1717528792 Economy - 5 months ago
India has taken Australia to arbitration at the WTO over changes to services commitments, impacting trade. The new regulations aim to lower global tra
1717525519 Economy - 5 months ago
Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implemen
1717520003 Economy - 5 months ago
The total foodgrain production in India is estimated at 3,288.52 lakh tonne in 2023-24, which is lower than 3,296.87 lakh tonnes of foodgrain producti
1717504745 Economy - 5 months ago
India's record-breaking economic growth rate and strong tax revenues provide a foundation for future reforms aimed at transforming the country into a
1717499401 Economy - 5 months ago
India's import of refined products from Russia increased by 14% in May, with naphtha imports tripling. State-run refiners brought in 77% more Russian
1717439907 Economy - 5 months ago
State's industries minister MB Patil highlighted the decline in FDI in Karnataka and the entire country due to global factors and flawed policies of t
1717425667 Economy - 5 months ago
A German brokerage predicts a possible sovereign rating upgrade for India due to strong growth and improved fiscal deficit targets. S&P recently upgra
1717417952 Economy - 5 months ago
Approximately 2.2% or Rs 7,755 crore of Rs 2,000 banknotes are still in circulation, 8 months after the deadline to exchange them. 97.82% of the total
1717413217 Economy - 5 months ago
NHAI has hiked toll charges by 5% on national highways. The revised user fee has been implemented from Monday, affecting motorists across the country.
1717413002 Economy - 5 months ago
If exit polls are accurate and Prime Minister Narendra Modi returns to power with a strong majority, major economic reforms are expected. This might i
1717408147 Economy - 5 months ago
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained four points higher than the long-run average, with exports help
1717401088 Economy - 5 months ago
Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the serv
1717400021 Economy - 5 months ago
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
1717390963 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
1717382203 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
1717374600 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
1717353008 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
1717352142 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
1717351924 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
1717351842 Economy - 5 months ago
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