Economic Times
India is setting near, medium, and long-term goals to become a developed economy by 2047, focusing on electric mobility, digitisation of payments infr
1712016000 Economy - 8 months ago
The Income Tax (I-T) department has deferred issuing final assessment orders on several foreign portfolio investors (FPIs) for the financial year 2021
1711997707 Economy - 8 months ago
India's goods and services tax (GST) collection in March reached ₹1.78 lakh crore, marking an 11.5% increase from the previous year and the second-h
1711997699 Economy - 8 months ago
Economists are optimistic about India's economy, forecasting a 7% growth in FY25 driven by improved manufacturing, farm activity, and robust urban dem
1711997239 Economy - 8 months ago
In the fiscal year 2023-24, the government's dividend collections from non-financial central public sector enterprises and entities with minority stak
1711996992 Economy - 8 months ago
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) saw an increase in work generation to 3.1 billion person-days in 2023-24 from
1711996522 Economy - 8 months ago
India's External Affairs Minister, S Jaishankar, has highlighted the government's concern over the ban on Russian-origin unpolished diamonds by the EU
1711992084 Economy - 8 months ago
India investigates 'Insoluble Sulphur' dumping from China and Japan, potentially leading to anti-dumping duties. The process aims for fair trade pract
1711990636 Economy - 8 months ago
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
1711989596 Economy - 8 months ago
Consultants and service providers are urging the government to avoid routing domestic deals involving foreign currencies, such as dollars, through the
1711987432 Economy - 8 months ago
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
1711980277 Economy - 8 months ago
In March, India's imports of Russian oil increased by over 7% compared to February, as refiners opted for cheaper options amidst geopolitical tensions
1711975085 Economy - 8 months ago
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
1711974270 Economy - 8 months ago
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
1711974203 Economy - 8 months ago
“This surge was driven by a significant rise in GST collections from domestic transactions at 17.6%,” the finance ministry said in a statement.
1711968629 Economy - 8 months ago
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
1711966969 Economy - 8 months ago
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
1711965037 Economy - 8 months ago
India's rural economy faces challenges amid the overall economic growth, with disparities persisting. However, signs of rural demand revival emerge th
1711963392 Economy - 8 months ago
Nirmala Sitharaman praised RBI for enhancing India's capacity to address financial challenges, including managing external imbalances, uncertainties,
1711957906 Economy - 8 months ago
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
1711955637 Economy - 8 months ago