Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman
admin Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Budget session of Parliament, in New…
Finance
Lok Sabha selection committee constituted to examine Income Tax Bill
Baijayant Jay Panda. File | Photo Credit: The Hindu The select committee of the Lok Sabha, which will…
Modi-Trump meeting: Reciprocal tariffs by U.S. may not hurt India much says GTRI
Prime Minister Narendra Modi and U.S. President Donald Trump shake hands as they deliver a joint press statement…
Wholesale price inflation eases to 2.31% in January 2025
File picture of activity at an open-air evening market in Ahmedabad. Image for representation | Photo Credit: Reuters…
Industrial output growth skids to four-month low of 3.2%
Image for representative purpose | Photo Credit: PTI India’s industrial output growth dropped to a four-month low of…
What is contributing to the downturn in Indian markets? | Explained
For representative purposes. | Photo Credit: iStockphoto The story so far: For the sixth consecutive day, BSE Sensex…
Government, RBI, FC should work together to enforce fiscal discipline in states: NCAER
The Union Government, RBI and Finance Commission should work together to enforce fiscal discipline in states, a research…
Economy on speedy rebound, India to remain fastest growing nation: Sitharaman
Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on February 11, 2025. Photo: Sansad TV via PTI…
Net direct tax kitty swells 15% to ₹17.78 lakh crore till Feb 10
Net collections from securities transaction tax is pegged at ₹55,000 crore in this fiscal in the Revised Estimates,…
Labour Ministry inks pact with FoundIt, to bring 10 lakh more jobs on National Career Service portal annually
An MoU was signed in the presence of Union Minister of Labour & Employment Mansukh Mandaviya and aims…
India may offer lower duties on pecan nuts to cool Trump’s tariff barbs
U.S. President Donald Trump with Prime Minister Narendra Modi. Mr. Modi’s bilateral meetings with Mr. Trump may include…
RBI’s rate cut sets stage for further easing of interest rates in near term: India Inc
The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis…
Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman, Reserve Bank of India Governor Sanjay Malhotra and Directors during the 613th Meeting…
Is private investment expected to rise? | Explained
Image used for representation only. | Photo Credit: Getty Images The story so far: With the government providing…
RBI in sync with government on growth focus, says Sitharaman
Union Finance Minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra and Directors at a meeting in New Delhi on…
India’s forex reserves rise $1.05 bln to $630.607 bln
Image used for representation purpose only. | Photo Credit: The Hindu India’s forex reserves rose $1.05 billion to…
Cabinet clears new income tax bill
Finance Minister Nirmala Sitharaman had announced in Budget 2025 that the new tax bill will be introduced in…
RBI Monetary Policy 2025 key highlights: Repo rate cut to 6.25%, GDP likely to be 6.4%
Reserve Bank of India. File | Photo Credit: Reuters In a bid to add to the momentum of…
A tough call: On the RBI MPC’s first policy review of 2025
The Reserve Bank of India’s Monetary Policy Committee (MPC) will conclude its first policy review of 2025 on…
A Budget that is mostly good but with one wrong move
‘The overarching aim of the Budget was to accelerate growth and push India towards a developed country status’…
Gold demand in India sees 5% rise at 802.8 tonnes in 2024, 2025 projection at 700-800 tonnes: WGC
Gold demand in India witnessed a 5% on-year rise at 802.8 tonnes in 2024 supported by reduction in…
Why the tax cuts are a one way gamble
A worker cleans the floor of a showroom during a presentation of the Union Budget 2025-26, in Mumbai,…
Moody’s Ratings: Increase in FDI limit in insurance sector to woo more foreign players
Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Increasing foreign investment limit in the insurance…
Delhi’s gender budget: its decline and impact
Students celebrating their success after the announcement of the CBSE class 10th exam results, on May 12, 2023.…
India reviewing crypto position due to global changes, senior official says
Representations of cryptocurrencies | Photo Credit: Reuters India is reviewing its stance on cryptocurrencies due to shifting attitudes…
Making health system push economic growth: a case of missed opportunity
To make our economy grow, we need to push private consumption. To increase private consumption, people need more…
Union Budget 2025: Tax cut meant to address ‘angst’ and to kickstart a slowing economy, says Finance Secretary
Union Finance Secretary Tuhin Kanta Pandey. | Photo Credit: The Hindu The Centre’s decision to significantly slash the…
Union Budget 2025: A responsive Budget that banks on India
P.B. Balaji, Group CFO, Tata Motors The Union Finance Minister has delivered a growth-oriented budget that reaffirms the…
Union Budget 2025: Railways allocation remains unchanged at ₹2.65 lakh crore, budget for customer amenities, investment in PSUs slashed
The Budget allocation for Indian Railways for FY 2025-26 stands at ₹2.65 lakh crore. File | Photo Credit:…
What are the benefits of hiring a tax planning CPA near me?
What are the benefits of hiring a tax planning CPA near me? Hiring a tax planning CPA near…
Union Budget 2025 LIVE updates: Finance Minister Nirmala Sitharaman to present 8th consecutive budget
Finance Minister Nirmala Sitharaman today will present a record eighth consecutive Union Budget that is expected to contain…
Economic survey sees robust growth in agriculture, allied sectors
Photo used for representation purpose only. | Photo Credit: The Hindu Issues such as climate change and water…
37 old and new schemes to look out for on Budget day
New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the eighth pre-budget consultation in New…
Former RBI governor calls for greater Centre-State cooperation in fiscal federalism
Former RBI Governor Duvvuri Subbarao delivering the third BPR Vithal Memorial Lecture on ‘India’s Fiscal Federalism – Quo…
U.K. Chancellor backs third Heathrow runway, cuts regulation in a bid for growth
Britain’s Chancellor of the Exchequer Rachel Reeves speaks in Eynsham, England on January 29, 2025. | Photo Credit:…
India, Oman agree to amend tax treaty to promote greater cooperation
Union Minister of Commerce and Industry Piyush Goyal meets Oman’s Minister of Commerce, Industry and Investment Promotion Qais…
Tech stocks tumble as DeepSeek threatens to upend the AI industry; Nvidia down 17%
Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve…
ECB’s Lagarde warns over cost of losing independence
Central bank independence is being challenged in parts of the world and greater political influence could undermine banks’…
RBI Governor asks banks to have robust systems to curb digital frauds
Reserve Bank of India (RBI) Governor Sanjay Malhotra. | Photo Credit: Reuters Flagging the rising digital frauds, RBI…
Is Trump justified in asking EU to buy more oil and gas from the U.S.?
In July 2024, the EU sourced close to 15% of its crude oil from the U.S | Photo…
World Economic Forum 2025 Day 3 LIVE: Focus on trade, tariffs, AI and U.N. chief Guterres’ speech in Davos
India’s global capability centres transform from cost-arbitrage to innovation hubs: Indian leaders at Davos The global capability centres…
Where is the Indian Rupee headed?
By some accounts, four Indian rupees could have got you one US dollar in 1947. Now, you need…
Private sector activity slides to a 14-month low in January: PMI
Representative image | Photo Credit: Reuters In a sobering first indicator about India’s economy in 2025, private sector…
India’s forex reserves decline by $1.88 billionn to $623.983 billion
Image used for representative purpose only. | Photo Credit: Reuters India’s forex reserves dropped by $1.88 billion to…
Odisha, Chhattisgarh, Goa among top-performing States in NITI Aayog’s fiscal health index
The report titled ‘Fiscal Health Index 2025’ ranked States for 2022-23, covering 18 major States that drive the…
Supreme Court refuses to entertain PIL seeking scrapping of TDS system under IT law
Representative image | Photo Credit: Getty Images The Supreme Court on Friday (January 24, 2025) refused to entertain…
Centre hikes MSP on jute by ₹315 per quintal
Farmers harvesting their jute crops in flood waters in Gagolmari village of Morigaon district of Assam. | Photo…
World Economic Forum 2025 Day 4 LIVE updates: NATO chief Rutte reaffirms need to step up support for Ukraine
Of 29 MoUs signed in Davos, only one company from outside India: Aaditya targets state govt Shiv Sena…
Union Minister Vaishnaw takes part in series of meetings at WEF 2025
Union Minister Ashwini Vaishnaw during a meeting with Swiss Federal Railways (SBB) delegation, in Switzerland on January 22,…
Disappointing Q2 GDP numbers aren’t a blip but clear slowdown in economy: Jairam Ramesh
Congress leader Jairam Ramesh. File | Photo Credit: PTI The Congress on Wednesday (January 22, 2025) claimed that…
WEF 2025: Indian talent proves mettle everywhere, here to share India’s skill success story, says Jayant Chaudhary
Union Ministers Chirag Paswan, Jayant Chaudhary and others at the inauguration of Indian pavilion at the World Economic…
Trump tariff threat: India should reciprocate if U.S. imposes additional duties on domestic goods
India should respond with equal measures if the newly elected U.S. President Donald Trump imposes higher tariffs on…
Central Bank of India Q3 profit jumps 33% to ₹959 crore
Central Bank of India. File State-owned Central Bank of India posted a 33₹ increase in its profit at…
World Economic Forum 2025 Day 1 LIVE: World leaders congregate in Davos for 5-day meet; India sends its largest contingent
Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released last week showed,…
Poor demand hits investments by private sector in Q3
With domestic demand seen waning amid a spike in inflation and input costs, investment plans by India’s private…
Decoding India’s growth slowdown – The Hindu
The first advance estimate of India’s Gross Domestic Product (GDP) in 2024-25, released by the National Statistics Office…
The impacts of rupee weakening
The Indian rupee recently registered a sharp devaluation with respect to the dollar after remaining stable for over…
Government may introduce new Income Tax bill in Budget session
The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill…
India’s real growth rate and the forecast
‘In the light of a potential growth rate of 6.5%, the achievement of 6.4% in 2024-25 should not…
World Economic Forum 2025: Andhra Pradesh Minister Nara Lokesh to showcase investment opportunities
Nara Lokesh. File | Photo Credit: Special arrangement Andhra Pradesh Information Technology (IT) and Electronics and HRD Minister…
RBI announces steps to encourage cross-border transactions in Indian rupee
Image used for representational purpose | Photo Credit: Reuters The Reserve Bank of India (RBI) on Thursday (January…
China, India seek new supplies as U.S. sanctions tighten grip on Russian oil
FILE PHOTO: An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near…
Exports dipped 1% in December, trade gap eased from November’s record high
Overall goods exports are now estimated to be 1.6% higher through the April to December 2024 period at…
India’s exports contract 1% to $38.01 billion in December
Image used for representative purpose only. | Photo Credit: Reuters India’s merchandise exports dipped by about one per…
Insurers eye tax benefits, incentives in Union Budget
Union Finance Minister Nirmala Sitharaman chairs the ninth Pre-Budget Consultation with the experts from the Infrastructure, Energy and…
Wholesale price inflation rises to 2.37% in December
Among food items, cereals, pulses, wheat saw easing in inflation in December. Representational file image. | Photo Credit:…
Net direct tax collections slow down marginally to touch 15.88% in January
Growth in India’s net direct tax collections slowed down marginally over the past month to touch 15.88% by…
Retail inflation eases to four-month low of 5.22% in December 2024
Potato is one of the top five items which showed highest year-on-year inflation at All India level in…
CII suggests 10-point agenda on ease of business reforms ahead of Budget
CII Director General Chandrajit Banerjee | Photo Credit: The Hindu Ahead of the upcoming Budget, industry body Confederation…
Centre releases ₹1.73 lakh crore towards tax devolution to states
Union Finance Minister Nirmala Sitharaman | Photo Credit: ANI The Centre on Friday (January 10, 2025) released tax…
Indian economy likely to be ‘a little weaker’ in 2025: IMF MD
International Monetary Fund (IMF) Managing Director Kristalina Georgieva. File | Photo Credit: Reuters The Indian economy is expected…
Pensioners’ delegation calls upon Finance Minister; demands ₹7,500 minimum monthly pension under EPS-95
According to a statement issued by EPS-95 National Agitation Committee, the Finance Minister has conveyed to the delegation…
India’s forex kitty drops $5.69 billion to $634.58 billion
Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $5.693 billion…
India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN
The Indian economy is projected to expand by 6.6% in 2025, primarily supported by robust private consumption and…
Gold googly bamboozles import data
Gold imports accounted for $11.7 billion of the $14.2 billion revision in the year’s import bill. | Photo…
Ahead of Union Budget, Finance Secretary Tuhin Kanta Pandey entrusted with Revenue department
Finance Secretary Tuhin Kanta Pandey. File | Photo Credit: The Hindu With a little over three weeks to…
India’s real GDP expected to rise 6.4% in FY25
The NSO’s first advanced estimates of GDP growth for the year suggest that the economy’s engines will slow…
India’s fuel demand in December rose 2.1% y/y
Image used for representational purposes. File Photo S.S. Kumar India’s fuel demand rose 2.1% in December compared with…
GST collection 2024: Congress alleges slowdown in GST collections; asks government to focus on complexities of economy
Congress leader Jairam Ramesh. File | Photo Credit: PTI The Congress on Friday claimed that the last quarter…
Nirmala Sitharaman holds pre-Budget consultation with representatives of trade unions
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the eighth Pre-Budget Consultation with the stakeholders and…
FDI in India growing rapidly: Goyal
Union Minister of Commerce and Industry Piyush Goyal. File. | Photo Credit: PTI FDI inflows into the country…
India Q2 GDP growth 2024 slumps to a multi-quarter low of 5.4%
In what economists termed as a sign of trouble, India’s real GDP growth slumped to a seven-quarter low…
Watch: Indian economy: what to expect in 2025?
Indian economy: what to expect in 2025? | Video Credit: The Hindu At the start of 2024, there…
Udupi Cochin Shipyard puts coastal Karnataka on global maritime map
Ship building activity has gathered momentum in coastal Karnataka with Udupi Cochin Shipyard Limited (UCSL), a wholly owned…
A Sale with a social focus
Sustainability exercises can scream their heads off. A typical case: massive bio-mining machinery massed up at a landfill…
Centre forms panel to rejig Wholesale Price Index
The panel is expected to review the current system of price collection and suggest changes of its improvement,…
Festival rush missing but net GST revenues up 11.1% in November amid sharp drop in refunds
Photo used for representation purpose only. Growth in Gross Goods and Services Tax (GST) revenues slowed to 8.5%…
Economy exhibiting resilience, GDP to grow at 6.6 pc in FY25: RBI report
On the economy, the report said during the first half of 2024-25, real GDP growth (y-o-y) moderated to…
Prospects of economy expected to improve in 2025: RBI Governor
Reserve Bank of India’s (RBI) new Governor Sanjay Malhotra. | Photo Credit: PTI Facing criticism from the government…
India got 14.3% of global remittances in 2024, its highest ever
For many low-and middle-income countries, remittances act as a major source of income. In 2024, India received an…
Trump’s first actions and job data to test market in January
After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into…
Trump’s high tariff pledge will provide huge export opportunities for India: NITI Aayog’s Subrahmanyam
File picture of B.V.R. Subrahmanyam, Chief Executive Officer of NITI Aayog | Photo Credit: Shiv Kumar Pushpakar U.S.…
2025 may ring in small savings rate cuts
Image used for representation purposes | Photo Credit: Getty Images Investors in small savings schemes should brace themselves…
RBI’s monetary policy may have slowed demand: Finance Ministry
A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. | Photo Credit: Reuters…
Why inflation will matter more in 2025: Explained
Photo used for representation purpose only. | Photo Credit: Sushil Kumar Verma The story so far: It has…
Forex reserves drop by $8.478 billion to $644.391 billion
Photo used for illustration purpose only. | Photo Credit: Reuters The country’s forex reserves dropped by a further…
CAD moderates marginally to 1.2% of GDP in Q2: RBI data
India’s CAD moderated marginally to $11.2 billion or 1.2% of GDP year-on-year in the July-September quarter of 2024-25,…
Dr. Manmohan Singh’s contributions as architect of India’s economic reforms have left indelible mark, says RBI Governor
RBI Governor Sanjay Malhotra. File | Photo Credit: PTI Manmohan Singh’s contributions as the architect of India’s economic…
Manmohan Singh: A forthright Finance Minister
Finance Minister Manmohan Singh on his way to Parliament to present the Budget on July 24, 1991. |…
Share who spent more rose amid dip in share who earned more
Report says increase in expenditure is fuelled only by the rise in prices. | Photo Credit: NIHARIKA KULKARNI…
Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet
Prime Minister Narendra Modi chairs a meeting with eminent economists and sectoral experts, at NITI Aayog in New…
Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report
Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February 1, 2025.…
Vocal on growth, silent on inflation
In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI)…
Lower Q2 GDP growth a temporary blip; economy to improve in coming quarters, says Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman speaks during the Winter session of Parliament, in New Delhi, on December 17,…
Soaring inflation pushes up health insurance premiums; makes standardised care costlier
Representative image | Photo Credit: Getty Images Since the COVID-19 pandemic, India is witnessing a surge in healthcare…
55th GST council meeting in Jaisalmer on December 21, 2024: Finance Minister Nirmala Sitharaman media briefing
Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer, on December 21,…
Congress slams govt over different tax slabs for popcorn, asks if PM will show courage for GST overhaul
Image used for representative purpose only. | Photo Credit: BISWARANJAN ROUT Exhorting the Narendra Modi government to show…
Arunachal committed to support GST reforms for economic growth: Deputy CM
The Union Minister (L) said that the State remains dedicated to supporting reforms that simplify the GST framework,…
U.S. consumer spending rises in November; monthly inflation subsides
Customers wait in line to check out at a Costco store on December 11, 2024 in Novato, California.…
Only 6.68 pc of population filed income tax return in 2023-24 fiscal
“In FY 2023-24, the percentage of population that files Income Tax Return is 6.68 per cent. (In FY…
Rahul slams government over trade deficit touching all-time high
Congress leader and the Leader of Opposition in the Lok Sabha Rahul Gandhi. | Photo Credit: ANI Slamming…
China is the world’s largest debt collector
China’s external lending increased massively over the last two decades Over 25% of the world’s bilateral external debt…
U.S. Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
“Growth is definitely stronger than we thought, and inflation is coming in a little higher,” U.S. Federal Reserve…
US Federal Reserve cuts key interest rates by 0.25%
The Federal Reserve cut its key interest rate by a quarter-point. File. | Photo Credit: AP The Federal…
Indians opt for lighter, lower carat jewellery as gold prices soar
Indians traditionally prefer jewellery made in 22-carat gold, which contains 91.7% pure gold, while 18-carat gold contains 75%…
U.K. Inflation rises further above Bank of England’s target in November
As inflation rates have fallen from multidecade highs, the central banks have started cutting interest rates. File (representational…
CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS
The initiative is part of the implementation of the e-Verification Scheme, 2021. | Photo Credit: Getty Images The…
Merchandise exports touch 25-month low; trade deficit at new high of $37.84 billion amid gold rush
India’s merchandise exports fell 4.83% to $32.11 billion in November. File photo | Photo Credit: PTI India’s merchandise…
Circular economy may generate over $2 trillion in market value, create 10 million jobs by 2050: Amitabh Kant
India’s G20 Sherpa and former Niti Aayog CEO Amitabh Kant. | Photo Credit: PTI India’s circular economy could…
Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Representational image of an aerial view of a footpath market in Bengaluru. Food price inflation decelerated to 8.9%…
Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy
The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on…
Amid high inflation, RBI keeps repo rate unchanged at 6.5%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday (December 6, 2024) held…
Sanjay Malhotra | The new boss at Mint Street
December 9 began as a routine day for North Block mandarins, with questions pertaining to the Finance Ministry…
ED restitutes assets worth Rs 4,025 crore in Bhushan Steel bank ‘fraud’ case
Image of Enforcement Directorate. File | Photo Credit: PTI The Enforcement Directorate (ED) has restituted assets worth ₹4,025…
FDI inflows into India cross $1 trillion, establishes country as key investment destination
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024…
Sanjay Malhotra appointed as new RBI Governor
Revenue Secretary Sanjay Malhotra has been appointed as the new RBI Governor replacing Shaktikanta Das whose tenure ends…
China’s exports slow, imports decline, in November falling below forecasts
With exports outpacing imports, China’s trade surplus rose to USD 97.4 billion. File (Representational image) | Photo Credit:…
Manohar Lal Khattar says sixteen-fold rise in urban sector investments since 2014
Manohar Lal Khattar. File | Photo Credit: PTI Union Minister Manohar Lal Khattar on Tuesday (December 10, 2024)…
Need to blend commercial considerations with economic priorities, strategic needs: Sitharaman
Union Finance Minister Nirmala Sitharaman addresses a gathering during the CII Global Economic Policy Forum 2024, in New…
How producer bias affects consumers
For representative purposes. | Photo Credit: iStockphoto Producer bias refers to the bias that economic policymakers have to…
PM POSHAN scheme: Centre to bear additional cost of ₹425.62 cr in FY2024-25 due to inflation
Image for representational purposes only | Photo Credit: Special arrangement The Centre has announced that it will bear…
Will work to understand all perspectives, do what’s best for economy: RBI Guv-designate
Sanjay Malhotra. File | Photo Credit: Reuters Revenue Secretary Sanjay Malhotra on Tuesday (December 10, 2024) said he…
Who is Sanjay Malhotra, the next RBI chief?
Watch: Revenue Secretary Sanjay Malhotra will be the next RBI Governor Sanjay Malhotra will replace Shaktikanta Das as…
The place of charity in an unequal society
For representative purposes. | Photo Credit: iStockphoto Billionaire Warren Buffet, with a net worth of almost $121 billion…
The issue of India’s economic growth versus emissions
‘While India’s relative decoupling is a step in the right direction, the path to absolute decoupling is still…
RBI MPC: Reserve Bank of India projects real GDP growth in 2024 at 6.6%
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, December 6, 2024. |…
India’s inclusive growth applauded by International community: IMF Executive Director Subramanian
The world is bullish on India, the country’s top economist, currently Executive Director of the International Monetary Fund…
RBI raises inflation outlook to 4.8% for FY25
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, Dec. 6, 2024. |…
RBI to allow small finance banks to extend credit lines through UPI
Security Personnel passes by a logo of Reserve Bank of India outside RBI Headquarters in Mumbai on December…
Watch: Q3 GDP growth lower than expected: RBI Governor Shaktikanta Das
Watch: Q3 GDP growth lower than expected: RBI Governor Shaktikanta Das
Watch: India’s July-September GDP growth slides: what options does RBI have? | Business Matters
India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic…
‘Afghanistan economy shows modest signs of growth but recovery remains fragile,’ says World Bank
An Afghan woman tailor works with a sewing machine in the Afghan Women Business Hub in Kabul. File…
Seoul stocks sink amid South Korea drama as Asian markets mixed
South Korean stocks sank Wednesday (December 4, 2024) while the won rebounded from earlier losses after President Yoon…
Govt scraps windfall profit tax on domestic crude oil, export of fuels
India first imposed windfall profit taxes on July 1, 2022 joining a growing number of nations that tax…
Reports about GST rate changes on various goods are premature and speculative, says CBIT
It is the GST Council chaired by the Union Finance Minister and including Ministers of all the States/UTs,…
98.08% of ₹2000 notes returned, banknotes worth ₹6,839 crore still in market: RBI
Currency notes of ₹2,000 denomination remain legal tender even after it was removed from circulation. File photo. |…
Trump’s 100% tariff threat on BRICS depends on whether U.S. laws would permit it, says ex-RBI governor
File picture of former Reserve Bank Governor Duvvuri Subbarao | Photo Credit: K.V.S. Giri U.S. President-elect Donald Trump’s…
Manufacturing growth slipped in November to joint 11-month low
Image used for representative purpose only | Photo Credit: N. Bashkaran Factory activity expansion in India’s private sector…
Centre working on national policy paper on female labour force participation
The move comes amid a recent World Bank report which said women faced a sharp drop in their…
India GDP calculation: Govt mulls change in base year to 2022-23 from 2011-12 for computation of GDP
The government is considering changing the base year for computation of the GDP to 2022-23 in February 2026…
Join Central schemes and be self-reliant, Nirmala Sitharaman urges women
Union Finance Minister Nirmala Sitharaman hands over a loan sanction letter to a beneficiary at the Credit Outreach…
‘GST spurring fresh tax terrorism,’ says former CEA Arvind Subramanian
Ground reality: Mr. Subramanian said unless GST rates are raised on some items, revenue growth will be a…
Fiscal deficit at 46.5% of full-year target at October-end: Govt data
The Centre’s fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5%…
Recommendation from Group of Ministers awaited for GST exemption on health, life insurance
Union Minister of State for Finance Pankaj Chaudhary. File | Photo Credit: ANI The Central government is awaiting…
PM’s entire focus not on reducing inflation but on data manipulation, propaganda: Congress
Congress general secretary (communication) Jairam Ramesh | Photo Credit: ANI The Congress on Thursday (November 28, 2024) alleged…
Time to upgrade Indo-French trade relations: Commerce Minister Goyal
Union Commerce and Industry Minister Piyush Goyal with Sophie Primas, Minister Delegate for Foreign Trade and French Nationals…
CNG price hiked by ₹2 in Mumbai, other cities; election bound-Delhi spared
Representational file image. | Photo Credit: SUSHIL KUMAR VERMA CNG price in Mumbai as well as several other…
After Fitch, Moody’s also switches outlook on Adani group firms to ‘negative’
Moody’s Ratings has affirmed the ratings of seven Adani Group companies from ‘stable’ to ‘negative’. Earlier, Fitch Ratings…
PAN 2.0 Project: All you need to know
Image used for representation | Photo Credit: Getty Images The government on Monday (November 25, 2024) announced the…
CNG price hiked by ₹2 in Mumbai, other cities; election bond-Delhi spared
Representational file image. | Photo Credit: SUSHIL KUMAR VERMA CNG price in Mumbai as well as several other…
S&P cuts India’s GDP growth forecast for FY26, FY27
Image used for representative purpose only | Photo Credit: Getty Images/iStockphoto S&P Global Ratings on Monday (November 25,…
In the name of open economy, we gave unfair advantages to others: EAM Jaishankar
External Affairs Minister S. Jaishankar virtually participates in the India Foundation’s Ideas Conclave on ‘Building Brand Bharat’. |…
Commerce Secretary visits Norway to discuss early implementation of trade pact with EFTA bloc
Secretary of Department of Commerce in Ministry of Commerce & Industry Sunil Barthwal. File. | Photo Credit: PTI…
FTA talks with India to relaunch early in 2025: U.K. PM tells Parliament
British Prime Minister Keir Starmer delivers his statement on COP29 and G20 Summits at the House of Commons…
Flash PMI signals India’s private sector activity at three-month high in November
Representational image only. File | Photo Credit: Reuters Activity levels across India’s private sector are seeing a modest…
India drops two places but remains among top 10 climate performers: Report
India ranked 10th on a list of over 60 countries assessed for efforts to fight climate change despite…
RBI Governor Shaktikanta Das to bank boards: Strengthen framework to curb unethical practices
“While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational…
Is imposing tariffs on Chinese imports a good idea? | Explained
For representative purposes. | Photo Credit: iStockphoto The story so far: Donald Trump, the President-elect of the U.S.,…
Proactively monitor portfolios, address potential risks: RBI Governor to bank boards
Shaktikanta Das | Photo Credit: Thulasi Kakkat RBI Governor Shaktikanta Das on Monday (November 18, 2024) asked banks…
Did inflation play a role in Trump win?
Donald Trump has emerged an unlikely victor in the recently concluded U.S. election, with the Republicans delivering a…
Nirmala Sitharaman allays growth dip worries, moots rate cut
Union Finance Minister Nirmala Sitharaman addresses the 11th SBI Banking & Economics Conclave 2024 in Mumbai on November…
Ground reality of unemployment in Delhi different from picture government data paints
It is around 10 a.m. in the morning and Manoj Mandal, 38, and about 50 other people are…
No reason to celebrate increased women participation in workforce: Jairam Ramesh
Congress leader Jairam Ramesh. File | Photo Credit: PTI Accusing the Narendra Modi Government of ignoring the fine…
Failure to disclose foreign assets, income to invite ₹10 lakh penalty: I-T dept
Image used for representation | Photo Credit: Getty Images The Income-Tax Department on Sunday (November 17, 2024) cautioned…
India’s goods exports jumps to 17.25% in October
India’s total exports, including services, is expected to cross the $800 billion mark this year. | Photo Credit:…
Price variations in tomato, onion, potato were higher during UPA regime: Centre
An official said that initiatives such as transportation through rail to various consuming centres from Maharashtra and the…
Strong rebound in exports, but import bill hits all-time high in October
Between April and October, India’s non-petroleum exports surged to the highest ever tally of $211.3 billion, Commerce Secretary…
Despite COVID crisis, India growing at 7 to 8%: Union Minister Dharmendra Pradhan
Union Minister Dharmendra Pradhan. File | Photo Credit: PTI “Though several developed economies suffered badly owing to the…
Trump 2.0: No need to worry yet, says Commerce Ministry
Whatever may be the Presidency, we are integrating our value chains and we are integrating the two economies…
Wholesale price inflation hardens to 2.4% in October
According to a latest data, potato prices rose 78.7%, up from 78.1% in September, while onion inflation halved…
India’s middle class tightens its belt, squeezed by food inflation
India’s city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes…
Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10
Net direct tax collection grew 15.41% to ₹12.11 lakh crore between April 1 and November 10. This include…
India’s retail inflation surges to 6.2% in October
A 10.9% spike in food prices lifted India’s retail inflation to a 14-month high of 6.2% in October,…
In South America, Trump already losing a trade battle with China
The Chancay port near Peru’s capital Lima which is being built by China’s state-owned Cosco Shipping. | Photo…
Rupee may depreciate 8-10% during Trump 2.0, says SBI report
The rupee may depreciate 8-10% against the U.S.. dollar during the Trump 2.0 regime, said a SBI research…
Singles’ Day shopping festival loses its shine under China’s lagging economy
Women walk out from a fashion boutique near a display promoting the upcoming China popular e-commerce sales, the…
What happens to Indian firms on U.S. blacklist?
The Department of Commerce building in Washington D.C. File | Photo Credit: Reuters The story so far: The…
China braces for tensions after Trump victory in U.S.
Tough ties: U.S. had imposed tariffs on more than $360 billion of Chinese products during Trump’s previous term…
Indian service providers signal robust growth in October on strong demand conditions
The latest data also highlighted a recovery in growth of new export sales across India’s service economy. File…
India’s manufacturing growth accelerates in October: PMI
Photo for representational purpose. | Photo Credit: B. Jothi Ramalingam Manufacturing activity in India’s private sector recovered in…
Government invites applications for RBI Deputy Governor
A Reserve Bank of India (RBI) logo | Photo Credit: Reuters The Finance Ministry has invited applications for…
Nearly 98% ₹2000 banknotes returned; ₹6,970 crore worth notes still with public
File image used for representative purpose only | Photo Credit: R. Ragu The Reserve Bank of India (RBI)…
Government invites applications for RBI Deputy Governor
A Reserve Bank of India (RBI) logo | Photo Credit: Reuters The Finance Ministry has invited applications for…
FMCG firms worry over high inflation, squeezing urban market; hint price hike
HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over…
FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations
The elevated valuations of Indian equities have triggered a shift in investments towards China, where valuations are currently…
Bibek Debroy: Tributes pour in after death of noted economist
Finance Minister Nirmala Sitharaman with economist Bibek Debroy. File | Photo Credit: X/@nsitharaman Bibek Debroy, chairman of the…
Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62
Rate of commercial LPG used in hotels and restaurants increased by ₹62 per 19-kg cylinder. | Photo Credit:…
GST receipts’ growth rebounds in October, but still off target
India’s Gross Goods and Services Tax (GST) collections surpassed ₹1.87 lakh crore in October, marking the second highest…
Bibek Debroy, chairman of PM’s Economic Advisory Council, no more
File picture of Bibek Debroy, chairman, Economic Advisory Council to the Prime Minster | Photo Credit: PTI Noted…
Cyclical slowdown? Nomura thinks so
India’s economy has likely entered a cyclical growth slowdown and growth may slip below 6.7% in the face…