Economy

Awaiting the approval of a USD 7 billion bailout from the IMF’s executive board, the Shahbaz Sharif government faced a weak start by securing just USD 436.4 million in foreign …

After a decade of its commencement, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved a milestone of a total of 53.13 crores PMJDY accounts out of which 55.6 per …

Noting the success of Digital Public Infrastructure (DPI), the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that India’s experience has provided an effective digitisation strategy for …

RBI Governor Shaktikanta Das highlighted the delicate balancing act faced by the central bank in the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting held from August 6 …

India’s manufacturing sector has shown resilience and growth in the first four months of FY25, with several key indicators highlighting its robust performance says the monthly economic review for July …

Dabur a consumer goods company is set to make a Rs 400 cr investment in Tamil Nadu, marking its first manufacturing venture in South India. The company on Thursday signed …

Union Minister of Commerce and Industry, Piyush Goyal, emphasized the importance of strengthening trade cooperation between India and Malaysia during the ‘Meeting of India-Malaysia CEOs Forum’ held in New Delhi. …

India’s electronic goods exports experienced a significant increase of 37.31 per cent in July year-on-year, rising to USD 2.8 billion from USD 2.04 billion in July 2023, according to data …

India’s overall exports, merchandise and services combined, in July were to the tune of USD 62.42 billion, a 2.81 rise on a yearly basis, Commerce Ministry data showed on Wednesday. …

The wheel has come full circle, said Union Commerce Minister Piyush Goyal hours after Bharti Global took a 24.5 per cent stake in Britain’s BT Group from Altice UK. In …

Breaching 5 per cent in June, the retail inflation rate in India softened drastically in July. According to data released by the Ministry of Statistics and Programme Implementation on Monday, …

RBI Governor Shaktikanta Das, says inflation will moderate from July onwards as the monsoon has improved and global food prices have shown signs of easing in July. Das said, “Global …

In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 per cent. This …

The composite Purchasing Managers’ Index (PMI) stood at 60.7, in July, reflecting buoyant economic activity, though the pace of acceleration had eased compared to the previous month which was at …

The taxpayers and tax professionals made their compliances in time, leading to a surge in filing of Income-tax Returns (ITRs), which resulted in a new record of ITRs filed till …

China’s manufacturing sector has experienced a decline for the third consecutive month as of July, with demand remaining weak despite recent government efforts to stimulate the world’s second-largest economy. The …

India’s Digital Public Infrastructure (DPI), known as the India Stack, has emerged as a transformative force in the country’s economic landscape says Reserve Bank of India (RBI) report on Currency …

As of June end, a cumulative investment of Rs 8282 crore by 32 companies is done under the Production-linked incentive (PLI) scheme for large-scale electronics manufacturing in the country. The …

Finance Minister Nirmala Sitharaman has announced a significant set of income-tax reforms for the fiscal year 2024-25, aimed at simplifying tax laws, promoting compliance, and fostering economic growth. The finance …

Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duties on gold and silver to six per cent and on platinum to 6.4 per cent to enhance value addition …

Finance Minister Nirmala Sitharaman announced a reduction of 15 per cent in the Basic Customs Duty (BCD) on mobile phones while presenting the Union Budget for the fiscal year 2024-25 …