Category: Finance

 Among food items, cereals, pulses, wheat saw easing in inflation in December. Representational file image. | Photo Credit: Sushil Kumar Verma Wholesale price inflation rose[more...]

Union Finance Minister Nirmala Sitharaman chairs the ninth Pre-Budget Consultation with the experts from the Infrastructure, Energy and Urban Sectors in connection with the forthcoming[more...]

Growth in India’s net direct tax collections slowed down marginally over the past month to touch 15.88% by January 12, from a 16.5% uptick as[more...]

Image for representative purposes | Photo Credit: Getty Images Growth in India’s net direct tax collections slowed marginally over the past month to touch 15.88%[more...]

CII Director General Chandrajit Banerjee | Photo Credit: The Hindu Ahead of the upcoming Budget, industry body Confederation of Indian Industry (CII) on Sunday (January[more...]

Union Finance Minister Nirmala Sitharaman | Photo Credit: ANI The Centre on Friday (January 10, 2025) released tax devolution of ₹1.73 lakh crore to the[more...]

International Monetary Fund (IMF) Managing Director Kristalina Georgieva. File | Photo Credit: Reuters The Indian economy is expected to be "a little weaker" in 2025 despite[more...]

 According to a statement issued by EPS-95 National Agitation Committee, the Finance Minister has conveyed to the delegation that their demands would be reviewed and[more...]

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India's forex reserves dropped by $5.693 billion to $634.585 billion in the week ended[more...]

The Indian economy is projected to expand by 6.6% in 2025, primarily supported by robust private consumption and investment, according to a United Nations report[more...]

Gold imports accounted for $11.7 billion of the $14.2 billion revision in the year’s import bill. | Photo Credit: Reuters In what may constitute the[more...]

Finance Secretary Tuhin Kanta Pandey. File | Photo Credit: The Hindu With a little over three weeks to go for the Union Budget on February[more...]

File picture of B.V.R. Subrahmanyam, Chief Executive Officer of NITI Aayog | Photo Credit: Shiv Kumar Pushpakar U.S. President-elect Donald Trump's pledge to impose high[more...]

Image used for representation purposes | Photo Credit: Getty Images Investors in small savings schemes should brace themselves for a year of interest rate cuts,[more...]

A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. | Photo Credit: Reuters The Finance Ministry on Thursday (December 26,[more...]

Photo used for representation purpose only. | Photo Credit: Sushil Kumar Verma The story so far:It has been what one may call, a bittersweet year[more...]

Photo used for illustration purpose only. | Photo Credit: Reuters The country's forex reserves dropped by a further $8.478 billion to $644.391 billion for the[more...]

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, according to Reserve Bank data released. File[more...]

RBI Governor Sanjay Malhotra. File | Photo Credit: PTI Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark, RBI[more...]

Finance Minister Manmohan Singh on his way to Parliament to present the Budget on July 24, 1991. | Photo Credit: The Hindu Archives Less than[more...]

Report says increase in expenditure is fuelled only by the rise in prices. | Photo Credit: NIHARIKA KULKARNI In November, 88.6% respondents in urban households[more...]

Prime Minister Narendra Modi chairs a meeting with eminent economists and sectoral experts, at NITI Aayog in New Delhi on Tuesday. Union Finance Minister Nirmala[more...]

Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February 1, 2025. File | Photo Credit: Nagara Gopal The[more...]

In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be[more...]

Union Finance Minister Nirmala Sitharaman speaks during the Winter session of Parliament, in New Delhi, on December 17, 2024. | Photo Credit: PTI Union Finance[more...]

Representative image | Photo Credit: Getty Images Since the COVID-19 pandemic, India is witnessing a surge in healthcare cost inflation, making assured and standardised healthcare[more...]

Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer, on December 21, 2024. | Photo Credit: PTI A much-anticipated[more...]

Image used for representative purpose only. | Photo Credit: BISWARANJAN ROUT Exhorting the Narendra Modi government to show the courage to overhaul the Goods and[more...]

The Union Minister (L) said that the State remains dedicated to supporting reforms that simplify the GST framework, ensure fairness, and cater to the unique[more...]

Customers wait in line to check out at a Costco store on December 11, 2024 in Novato, California. According to a Bureau of Labor Statistics[more...]

The initiative is part of the implementation of the e-Verification Scheme, 2021. | Photo Credit: Getty Images The income tax department on Tuesday (December 17,[more...]

Congress leader and the Leader of Opposition in the Lok Sabha Rahul Gandhi. | Photo Credit: ANI Slamming the Modi government, Leader of Opposition in[more...]

China’s external lending increased massively over the last two decades Over 25% of the world’s bilateral external debt was owed to China by the end[more...]

As inflation rates have fallen from multidecade highs, the central banks have started cutting interest rates. File (representational image) | Photo Credit: Reuters Inflation in[more...]

Indians traditionally prefer jewellery made in 22-carat gold, which contains 91.7% pure gold, while 18-carat gold contains 75% pure gold and 25% other metals. File.[more...]

The Federal Reserve cut its key interest rate by a quarter-point. File. | Photo Credit: AP The Federal Reserve cut its key interest rate on Wednesday[more...]

“Growth is definitely stronger than we thought, and inflation is coming in a little higher,” U.S. Federal Reserve Chair Jerome Powell said recently. “So the good[more...]

“In FY 2023-24, the percentage of population that files Income Tax Return is 6.68 per cent. (In FY 2023-24, the total number of persons filling[more...]

India’s merchandise exports fell 4.83% to $32.11 billion in November. File photo | Photo Credit: PTI India’s merchandise exports fell 4.83% in November to a[more...]

India’s G20 Sherpa and former Niti Aayog CEO Amitabh Kant. | Photo Credit: PTI India's circular economy could generate a market value of over $2[more...]

Representational image of an aerial view of a footpath market in Bengaluru. Food price inflation decelerated to 8.9% in November 2024 from a 25-month high[more...]

 The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on Friday (December 6, 2024) | Photo Credit:[more...]

December 9 began as a routine day for North Block mandarins, with questions pertaining to the Finance Ministry to be answered in the Lok Sabha.[more...]

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday (December 6, 2024) held steadfast in its battle against inflation amid[more...]

Image of Enforcement Directorate. File | Photo Credit: PTI The Enforcement Directorate (ED) has restituted assets worth ₹4,025 crore of the erstwhile Bhushan Steel and[more...]

‘While India’s relative decoupling is a step in the right direction, the path to absolute decoupling is still a long and complex journey’ | Photo[more...]

With exports outpacing imports, China’s trade surplus rose to USD 97.4 billion. File (Representational image) | Photo Credit: Reuters China's exports slowed in November and[more...]

Sanjay Malhotra. File | Photo Credit: Reuters Revenue Secretary Sanjay Malhotra on Tuesday (December 10, 2024) said he will work to understand all perspectives and[more...]

Manohar Lal Khattar. File | Photo Credit: PTI Union Minister Manohar Lal Khattar on Tuesday (December 10, 2024) said there has been a substantial increase[more...]

Union Finance Minister Nirmala Sitharaman addresses a gathering during the CII Global Economic Policy Forum 2024, in New Delhi on December 11, 2024. | Photo[more...]

For representative purposes. | Photo Credit: iStockphoto Producer bias refers to the bias that economic policymakers have to frame policies that are in favour of[more...]

Image for representational purposes only | Photo Credit: Special arrangement The Centre has announced that it will bear the additional cost of ₹425.62 crore in[more...]

Revenue Secretary Sanjay Malhotra has been appointed as the new RBI Governor replacing Shaktikanta Das whose tenure ends on December 10, 2024. File | Photo[more...]

Watch: Revenue Secretary Sanjay Malhotra will be the next RBI Governor Sanjay Malhotra will replace Shaktikanta Das as the Governor of the Reserve Bank of[more...]

For representative purposes. | Photo Credit: iStockphoto Billionaire Warren Buffet, with a net worth of almost $121 billion by some estimates, has maintained his pledge[more...]

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as[more...]

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, Dec. 6, 2024. | Photo Credit: PTI The Reserve Bank of[more...]

The world is bullish on India, the country's top economist, currently Executive Director of the International Monetary Fund (IMF) has said, noting that India’s public[more...]

Watch: Q3 GDP growth lower than expected: RBI Governor Shaktikanta Das

Security Personnel passes by a logo of Reserve Bank of India outside RBI Headquarters in Mumbai on December 6, 2024. | Photo Credit: Emmanual Yogini[more...]

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, December 6, 2024. | Photo Credit: PTI The Reserve Bank of[more...]

An Afghan woman tailor works with a sewing machine in the Afghan Women Business Hub in Kabul. File | Photo Credit: AP “Afghanistan’s economy is[more...]

India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic growth fell sharply to 5.4% for the[more...]

South Korean stocks sank Wednesday (December 4, 2024) while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight[more...]

India first imposed windfall profit taxes on July 1, 2022 joining a growing number of nations that tax super normal profits of energy companies. Representational[more...]

It is the GST Council chaired by the Union Finance Minister and including Ministers of all the States/UTs, which is empowered to recommend GST rates[more...]

Currency notes of ₹2,000 denomination remain legal tender even after it was removed from circulation. File photo. | Photo Credit: Ragu R The total value[more...]

File picture of former Reserve Bank Governor Duvvuri Subbarao | Photo Credit: K.V.S. Giri U.S. President-elect Donald Trump’s warning that BRICS countries will face 100%[more...]

Photo used for representation purpose only. Growth in Gross Goods and Services Tax (GST) revenues slowed to 8.5% in November from 8.9% in October, with[more...]

The move comes amid a recent World Bank report which said women faced a sharp drop in their labour force participation post-marriage in India. Image[more...]

Ground reality: Mr. Subramanian said unless GST rates are raised on some items, revenue growth will be a challenge. File picture | Photo Credit: M. Vedhan Former[more...]

Union Finance Minister Nirmala Sitharaman hands over a loan sanction letter to a beneficiary at the Credit Outreach Programme in Madhubani, Bihar, on November 30,[more...]

The government is considering changing the base year for computation of the GDP to 2022-23 in February 2026 to reflect an accurate picture of the[more...]

The Centre's fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5% of the full-year target, government data showed[more...]

Union Minister of State for Finance Pankaj Chaudhary. File | Photo Credit: ANI The Central government is awaiting the recommendation from the Group of Ministers[more...]

Congress general secretary (communication) Jairam Ramesh | Photo Credit: ANI The Congress on Thursday (November 28, 2024) alleged that Prime Minister Narendra Modi's entire focus[more...]

Union Commerce and Industry Minister Piyush Goyal with Sophie Primas, Minister Delegate for Foreign Trade and French Nationals Abroad during the Indo-French CEO’s Forum, in[more...]

Representational file image. | Photo Credit: SUSHIL KUMAR VERMA CNG price in Mumbai as well as several other cities in the country has been hiked[more...]

Image used for representation | Photo Credit: Getty Images The government on Monday (November 25, 2024) announced the ₹1,435 crore PAN 2.0 Project to make[more...]

Moody’s Ratings has affirmed the ratings of seven Adani Group companies from ‘stable’ to ‘negative’. Earlier, Fitch Ratings also put the firms on a negative rating[more...]

Representational file image. | Photo Credit: SUSHIL KUMAR VERMA CNG price in Mumbai as well as several other cities in the country has been hiked[more...]

Image used for representative purpose only | Photo Credit: Getty Images/iStockphoto S&P Global Ratings on Monday (November 25, 2024) revised down its estimate for India's[more...]

External Affairs Minister S. Jaishankar virtually participates in the India Foundation’s Ideas Conclave on ‘Building Brand Bharat’. | Photo Credit: PTI In the name of[more...]

Secretary of Department of Commerce in Ministry of Commerce & Industry Sunil Barthwal. File. | Photo Credit: PTI Commerce Secretary Sunil Barthwal has visited Norway[more...]

British Prime Minister Keir Starmer delivers his statement on COP29 and G20 Summits at the House of Commons in London on November 21, 2024. |[more...]

Representational image only. File | Photo Credit: Reuters Activity levels across India’s private sector are seeing a modest uptick this month, even as cost pressures[more...]

India ranked 10th on a list of over 60 countries assessed for efforts to fight climate change despite dropping two spots compared to last ago,[more...]

According to a latest data, potato prices rose 78.7%, up from 78.1% in September, while onion inflation halved from 78.8% to 39.25% in October. File[more...]

For representative purposes. | Photo Credit: iStockphoto The story so far: Donald Trump, the President-elect of the U.S., has promised to impose tariffs of up[more...]

Shaktikanta Das | Photo Credit: Thulasi Kakkat RBI Governor Shaktikanta Das on Monday (November 18, 2024) asked banks to proactively monitor their portfolios, identify areas[more...]

Donald Trump has emerged an unlikely victor in the recently concluded U.S. election, with the Republicans delivering a comprehensive victory over the embattled Democrats. Not[more...]

Union Finance Minister Nirmala Sitharaman addresses the 11th SBI Banking & Economics Conclave 2024 in Mumbai on November 18, 2024. | Photo Credit: ANI Seeking[more...]

“While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,” Shaktikanta[more...]

Image used for representation | Photo Credit: Getty Images The Income-Tax Department on Sunday (November 17, 2024) cautioned taxpayers that failure to disclose assets held[more...]

Congress leader Jairam Ramesh. File | Photo Credit: PTI Accusing the Narendra Modi Government of ignoring the fine print of the women’s Labour Force Participation[more...]

It is around 10 a.m. in the morning and Manoj Mandal, 38, and about 50 other people are still waiting for the day’s job at[more...]

An official said that initiatives such as transportation through rail to various consuming centres from Maharashtra and the arrival of kharif onions in the market[more...]

Between April and October, India’s non-petroleum exports surged to the highest ever tally of $211.3 billion, Commerce Secretary Sunil Barthwal said. File | Photo Credit:[more...]

Union Minister Dharmendra Pradhan. File | Photo Credit: PTI “Though several developed economies suffered badly owing to the COVID crisis, India continued to grow at[more...]

Whatever may be the Presidency, we are integrating our value chains and we are integrating the two economies through various agreements, says Commerce Secretary Sunil[more...]

 India’s total exports, including services, is expected to cross the $800 billion mark this year. | Photo Credit: VIPIN CHANDRAN India’s goods exports jumped 17.25%[more...]

India's city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country's brisk[more...]

Net direct tax collection grew 15.41% to ₹12.11 lakh crore between April 1 and November 10. This include net corporate tax of ₹5.10 lakh crore[more...]

The Chancay port near Peru’s capital Lima which is being built by China’s state-owned Cosco Shipping. | Photo Credit: Reuters In South American copper giant[more...]

Photo used for representation purpose only. | Photo Credit: Sushil Kumar Verma India’s retail inflation surged further from the nine-month high of 5.5% in September[more...]

The rupee may depreciate 8-10% against the U.S.. dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit[more...]

Women walk out from a fashion boutique near a display promoting the upcoming China popular e-commerce sales, the “Singles’ Day” global online shopping festival, at[more...]

The Department of Commerce building in Washington D.C. File | Photo Credit: Reuters The story so far: The government is still gauging the impact of[more...]

Tough ties: U.S. had imposed tariffs on more than $360 billion of Chinese products during Trump’s previous term in office. File picture of U.S. President Donald[more...]

The latest data also highlighted a recovery in growth of new export sales across India’s service economy. File (Representational image) | Photo Credit: Reuters India’s[more...]

Photo for representational purpose. | Photo Credit: B. Jothi Ramalingam Manufacturing activity in India’s private sector recovered in October, breaking a three-month streak of deceleration[more...]

A Reserve Bank of India (RBI) logo | Photo Credit: Reuters The Finance Ministry has invited applications for the post of RBI Deputy Governor in[more...]

File image used for representative purpose only | Photo Credit: R. Ragu The Reserve Bank of India (RBI) on Monday (November 4, 2024) said 98.04%[more...]

A Reserve Bank of India (RBI) logo | Photo Credit: Reuters The Finance Ministry has invited applications for the post of RBI Deputy Governor in[more...]

HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption. Representational file image. |[more...]

The elevated valuations of Indian equities have triggered a shift in investments towards China, where valuations are currently more attractive. File | Photo Credit: The[more...]

Finance Minister Nirmala Sitharaman with economist Bibek Debroy. File | Photo Credit: X/@nsitharaman Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council, died on[more...]

Rate of commercial LPG used in hotels and restaurants increased by ₹62 per 19-kg cylinder. | Photo Credit: PTI Jet fuel, or ATF, price on[more...]

India’s Gross Goods and Services Tax (GST) collections surpassed ₹1.87 lakh crore in October, marking the second highest monthly collections on record, with growth rebounding[more...]

File picture of Bibek Debroy, chairman, Economic Advisory Council to the Prime Minster | Photo Credit: PTI Noted author and economist Bibek Debroy, who has[more...]

India’s economy has likely entered a cyclical growth slowdown and growth may slip below 6.7% in the face of emerging risks, Nomura economists reckoned, noting[more...]

Output levels in India’s eight core sectors, which account for about 40% of the country’s industrial production, continued to drag in September. | Photo Credit:[more...]

Image used for representational purposes. File The rupee opened on a flat note and depreciated 1 paisa to 84.08 against the U.S. dollar in initial[more...]

Finance Ministry acknowledged emerging concerns of softening consumer sentiments and faltering demand, particularly in urban India, as well as a moderation in industrial momentum in[more...]

State administrations ramped up new outlays by 67% to nearly ₹1.62 lakh crore, outnumbering Central government capex plans which, however, recorded a sharper spike of[more...]

Image used for representative purpose only. | Photo Credit: S.R. Raghunathan Foreign investors have continued selling in the Indian market, pulling out a massive ₹85,790[more...]

The View from Washington: Who are Trump and Harris appealing to? | Video Credit: The Hindu In the third episode of The View from Washington,[more...]

The global economic environment may present challenges but India is well positioned to capitalise on new growth opportunities, Finance Minister Nirmala Sitharaman has said, underlining[more...]

Representational image of rice grains being winnowed at a paddy field in Kerala. India has revoked the export duty on parboiled rice | Photo Credit:[more...]

Aspirants wait to board a train to go home after completing the Uttar Pradesh constable civil police direct recruitment examination in Lucknow. File | Photo[more...]

Image used for representational purpose. | Photo Credit: PTI As the price of chana dal (gram dal) continued to increase ahead of the upcoming festivities,[more...]

Representational image of workers weighing and packing rice bags | Photo Credit: Reuters The Directorate General of Foreign Trade (DGFT) has removed the minimum export[more...]

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman stated that India wouldn't have been the fastest-growing economy if the[more...]

A view of the International Monetary Fund headquarters building in Washington, DC ahead of the 2024 IMF/World Bank Annual Meetings. | Photo Credit: AFP The[more...]

The Reserve Bank of India (RBI) seal. | Photo Credit: REUTERS The story so far: The Reserve Bank of India (RBI), as part of its[more...]

Income Tax Department extends audit report filing deadline to October 7, 2024 due to technical difficulties faced by taxpayers. File | Photo Credit: S. Siva[more...]

A man stands next to a logo of the Reserve Bank of India (RBI) in Mumbai. | Photo Credit: Reuters India’s current account deficit (CAD)[more...]

Image used for representative purpose only. | Photo Credit: Reuters Four of the top-10 most-valued firms together added ₹81,151.31 crore in market valuation last week,[more...]

World Bank President Ajay Banga. File | Photo Credit: Reuters India’s growth rate is among the shiniest parts of the world economy, World Bank president[more...]

Image used for representative purpose only. | Photo Credit: Reuters Output levels in India’s core sectors slipped to a nine-month low in August, even as[more...]

The Kerala GST department have estimated the tax evasion by Malayalam actors as around ₹8 crore. | Photo Credit: Special Arrangement “On Saturday (October 19,[more...]

Workers monitor the production line of drip tape fittings at a factory of DAYU Water Group Co, in Jiuquan, during an organised media tour in[more...]

File photo of RBI Governor Shaktikanta Das. | Photo Credit: PTI Reserve Bank Governor Shaktikanta Das on Friday (October 18, 2024) said that the central[more...]

The EDLI scheme, launched in 1976, was to provide insurance benefits to members of the EPFO and to ensure that the families of members get[more...]

Nitin Gadkari said the Ministry is constructing several highways and expressways, which will help reduce India’s logistics cost. File | Photo Credit: PTI Union Road[more...]

Potato and Onion prices were up 78.1% and 78.8%, respectively, in September, accelerating from the previous month, while fruits and pulses inflation eased marginally from[more...]

Image for representation only | Photo Credit: Reuters The Union Cabinet has cleared a 3% hike in Dearness Allowance (DA) for Central Government employees on[more...]

S&P Global Ratings in a report said the business groups such as Birla, Mahindra, Hinduja, Hero, ITC, Bajaj and the Murugappa groups have a record[more...]

Economics Nobel winners Daron Acemoglu, Simon Johnson and James A Robinson being announced at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October[more...]

Why some countries are rich while others are poor is a question that has been debated by economists for a long time now. Representational file[more...]

Photo used for representation purpose only. File | Photo Credit: Sushil Kumar Verma India’s retail inflation shot back to a nine-month high of 5.5% in[more...]

Photo used for representation purpose only. | Photo Credit: Getty Images/iStock The Centre on Monday (September 30, 2024) decided to maintain the same rate of[more...]

Reserve Bank of India. File | Photo Credit: Reuters On Friday (October 11, 2024), the Reserve Bank of India (RBI) asked banks to review their[more...]

Image used for representation purpose only. | Photo Credit: The Hindu India's forex reserves dropped by $3.709 billion to $701.176 billion for the week ended[more...]

Chinese Finance Minister Lan Fo’an. File | Photo Credit: AP “The Chinese government is looking at additional ways to boost the economy,” Finance Minister Lan[more...]

Photo used for representation purpose only. Net direct tax collection grew 18.3% to about ₹11.25 lakh crore as of October 10 this fiscal, government data[more...]

Image used for representative purpose only | Photo Credit: istock.com/Getty Images The Centre's fiscal deficit at the end of the first five months of the[more...]

The World Development Report 2024 — authored by the World Bank — calls attention to the phenomenon of the “middle-income” trap, or the slowing down[more...]

U.S. India Strategic and Partnership Forum president Mukesh Aghi during an interview with PTI, in Washington, in the U.S. File | Photo Credit: PTI “India[more...]

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Wednesday, October 9, 2024. | Photo Credit: PTI  The Reserve Bank of[more...]

The RBI cited the favourable agricultural crop outlook which could ease food inflation pressures, subject to weather risks. File photo | Photo Credit: REUTERS The Reserve[more...]

Tractors and Farm Equipment Limited (TAFE) on Monday said it has filed a contempt petition against US-based AGCO Corporation alleging disobedience of orders of a[more...]

Photo used for representation purpose only. Growth in India’s Gross Goods and Services Tax (GST) collections slumped to a 40-month low of 6.5% in September,[more...]

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto As part of the comprehensive review of the Income Tax Act announced by Finance[more...]

Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid[more...]

Image used for representative purpose only | Photo Credit: Reuters Capital markets regulator SEBI is expected to take measures regarding the Futures and Options (F&O)[more...]

Of the three new external members appointed by the government on Tuesday to the Reserve Bank of India’s Monetary Policy Committee (MPC), at least one[more...]

RBI Deputy Governor M. Rajeshwar Rao. File. The government has extended the term of RBI Deputy Governor M. Rajeshwar Rao for a period of one[more...]

Union Minister for Commerce & Industry Piyush Goyal. File | Photo Credit: PTI Commerce and Industry Minister Piyush Goyal while speaking at a session on[more...]

The Organization of Petroleum Exporting Countries (OPEC) has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out[more...]

Union Finance Minister Nirmala Sitharaman addresses the third edition of Kautilya Economic Conclave. October 4, 2024 | Photo Credit: PTI Finance Minister Nirmala Sitharaman on[more...]

Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: PTI With China dominating the critical minerals’ trade, India and the United States[more...]

Registrations with the Other Building and Construction Workers’ Welfare Board (OBCWWB) have significantly increased, with almost every daily wager in Odisha now identifying himself/herself as[more...]

Gold eased on Wednesday, taking a breather after rallying in the last session on an escalation in the conflict in West Asia, but oil prices[more...]

 The PM Internship Scheme aims to provide internship opportunities to one crore youth in 500 top CSR spend companies in the next five years. Representational[more...]

A worker walks past the logo of Reserve Bank of India inside its office in New Delhi. File | Photo Credit: Reuters The Central government,[more...]

The logo of Securities and Exchange Board of India (SEBI). File | Photo Credit: Reuters In a bid to tighten the noose on insider trading,[more...]

Federal Reserve Board Chairman Jerome Powell. File | Photo Credit: AP Federal Reserve Chair Jerome Powell signalled Monday that more interest rate cuts are in[more...]

The Congress on Monday (September 30, 2024) dismissed as "half-truths" the government's assertions of creating eight crore employment opportunities between 2021 and 2024 and 6.2[more...]

Foreign investors have poured ₹57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut[more...]

Image used for representative purpose only. | Photo Credit: Reuters The combined market valuation of eight of the top-10 most valued firms surged ₹1,21,270.83 crore[more...]

Even before the U.S. Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets had begun making credit cheaper for households and[more...]

Image used for representative purpose only. | Photo Credit: The Hindu The government has exempted export of non-basmati white rice from customs duty.In a notification[more...]

Union Minister of State for Finance Pankaj Chaudhary. File. | Photo Credit: PTI The Goods and Services Tax (GST) Council has set up a 10-member[more...]

Output in Europe’s largest economy will decline by 0.1% this year, five think tanks said. It shrank by 0.3% in 2023. | Photo Credit: FABIAN[more...]

Union Finance Minister Nirmala Sitharaman in the interim Budget had proposed to borrow ₹14.13 lakh crore by issuing dated securities to meet revenue shortfall in the[more...]

The rupee trimmed its initial gains against the U.S. currency but was still quoted higher by 120 paise to 67.60 per dollar on Thursday. |[more...]

Trade ministers of India and Australia held parleys on Wednesday to assess the progress on negotiations towards a full-fledged free trade deal, about 20 months[more...]

Image for representational purposes only. The ADB on Wednesday (September 25, 2024) said that the economy is expected to accelerate in the coming quarters on[more...]

Photo used for representation purpose only. | Photo Credit: Getty Image/iStockphoto The Periodic Labour Force Survey (PLFS) for the period between July 2023 and June[more...]

Racial bias: Black joblessness is above the national average. It was 23.3% among South Africans of mixed race. | Photo Credit: Reuters Thirty years after the[more...]

EPFO building. File photo | Photo Credit: Niranjan R. Varma Retirement fund body Employees Provident Fund Organisation (EPFO) recorded a net addition of 19.94 lakh[more...]

For representative purposes. | Photo Credit: Getty Images Gross Domestic Product, or GDP, is the most significant measure of a country’s economic size. It is[more...]

Pulses put on display for sale at wholesale grocery market in New Delhi. File photo | Photo Credit: The Hindu Inflation in India’s wholesale prices[more...]

While exports have shrank in the past two months, imports have not — they grew 7.5% over last July and 3.3% in August.  | Photo[more...]

Photo used for illustration purpose only. | Photo Credit: The Hindu India’s goods exports shrank 9.32% to $34.71 billion in August, while the import bill[more...]

Federal Reserve Board Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in[more...]

Republican presidential nominee and former U.S. President Donald Trump has labelled India the ‘tariff king’ | Photo Credit: Getty Images via AFP Former U.S. President[more...]

Passengers ride a train in Mumbai, India. | Photo Credit: ABEER KHAN Post-liberalisation in 1991, the per capita income of the southern States surged significantly[more...]

India’s logistics cost will reduce to single-digit in five years, Union Road Transport and Highways Minister Nitin Gadkari said on Thursday. Addressing the ‘Deloitte Government[more...]