Economic Times
India's imports from China saw a 3% decline in calendar year 2023 compared to 2022, according to the commerce and industry ministry. Meanwhile, export
Consultants and service providers are urging the government to avoid routing domestic deals involving foreign currencies, such as dollars, through the
The Reserve Bank of India (RBI) reported that nearly 97.69% of the Rs 2000 denomination banknotes have returned to the banking system, leaving only Rs
In March, India's imports of Russian oil increased by over 7% compared to February, as refiners opted for cheaper options amidst geopolitical tensions
The IMD assured that the increase in maximum temperatures will not affect the harvest-ready wheat crop. India is bracing for extreme heat from April t
Patit Paban De, senior member of the West Bengal Cold Storage Association, said there will be an estimated 10 per cent lower production of tubers, giv
“This surge was driven by a significant rise in GST collections from domestic transactions at 17.6%,” the finance ministry said in a statement.
In March 2024, Goods and Service Tax (GST) collection surged 11.5% year-on-year to Rs 1.78 lakh crore, marking the second-highest since GST's inceptio
The budget had pegged disinvestment proceeds for 2023-24 fiscal at Rs 51,000 crore. However, the revised estimates (RE) on February 1, 2024, did away
India's rural economy faces challenges amid the overall economic growth, with disparities persisting. However, signs of rural demand revival emerge th
Nirmala Sitharaman praised RBI for enhancing India's capacity to address financial challenges, including managing external imbalances, uncertainties,
Crisil Ratings forecasts a positive credit quality outlook for Indian corporates in the first half of fiscal year 2024-25, with upgrades expected to e
Prime Minister Modi praised the Reserve Bank of India's pivotal role in transforming the banking sector and the economy over the past decade at the ce
BJP stalwart Narendra Modi's potential third term as India's Prime Minister is backed by significant financial support and a narrative of economic gro
Ministry of Finance posted, "Ministry of Finance posted on X, "It has come to notice that misleading information related to new tax regime is being sp
India-Uzbekistan strategic partnership thrives on mutual respect and shared values. The countries collaborate across various sectors like trade, inves
MGNREGS received additional ₹3,400 crore, raising total allocation to ₹89,400 crore. Person-days exceeded targets. 10% wage hike during 8.4% growt
In 2022-23, processed food exports from India amounted to $10.6 billion, increasing at 22.4% compound annual growth rate in five years while the overa
This would mark the seventh consecutive time the repo rate, currently at 6.50%, remains steady. Economists suggest that the RBI may wait until August
Government's maize procurement for ethanol impacts prices, leading to concerns over reduced state procurement. Farmers may opt for private traders due
