Economic Times
India's palm oil imports saw a significant 59% increase in October, reaching a three-month high. This surge was driven by refiners restocking after lo
RBI Governor Shaktikanta Das cautioned against interpreting the recent shift to a neutral monetary policy stance as a signal for imminent rate cuts. D
RBI Governor Shaktikanta Das affirmed India's economic activity remains robust, particularly in agriculture and services. Despite mixed data and conce
India's sugar production is projected to decrease to 33.3 million tonnes in 2024-25, according to the Indian Sugar and Bioenergy Manufacturers' Associ
India's service industry saw renewed growth in October, driven by strong demand and job creation, according to a recent business survey. This positive
Starting April 1, 2025, businesses with an annual turnover exceeding ₹10 crore will face a 30-day limit for reporting e-invoices on the GST system.
India-US relations are expected to remain strong. Trade and investment between the two countries have been increasing. The US is a major source of tou
The changes under consideration include extending the enrolment age to beyond the current limit of 40 years, enhancing the wage ceiling to more than R
India anticipates a bumper kharif harvest in 2024-25, with rice, pulses, and maize production projected to exceed last year's figures. This positive o
LLP incorporations-which had surged consistently in each month since last fiscal, barring May, defying the high base-dipped 12.4% in October from a ye
The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new rule that would give operational creditors of stressed companies the option to
The Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate with the repo
India's Ministry of Statistics and Programme Implementation (MoSPI) has shifted the release time for the Consumer Price Index (CPI) and Index of Indus
India's Ministry of Statistics and Programme Implementation is changing the release time for key economic data. The Consumer Price Index and Index of
Nomura reports that festive consumption growth in India has halved to 15% this year, attributing the slowdown to weak demand in major cities and indus
Tax authorities have uncovered approximately 18,000 fraudulent companies registered under GST, resulting in an estimated tax evasion of Rs 25,000 cror
The Central Board of Indirect Taxes and Customs (CBIC) has issued new guidelines for investigating export/import fraud cases. To ensure transparency
India's Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duties on PVC resin imports from seven countries, including China an
The Indian government launched the second phase of its subsidized food grain program, offering wheat flour at Rs 30/kg and rice at Rs 34/kg through va
India's stakes in the US elections are high, particularly in trade, technology, energy, and defence. If Donald Trump wins, US-India relations could sh
