Economy

CII urges govt to stick to fiscal deficit target of 4.9% of GDP for 2024-25

CII also highlighted the announcement in the Union Budget 2024-25 to keep the fiscal deficit at levels that help reduce the debt-to-GDP ratio

India set to become $30 trillion-economy by 2047: Dharmendra Pradhan

The Union education minister said that the New Education Policy was envisioned to create wealth and jobs

Farmers seek low taxes, doubling PM-KISAN amount in pre-budget meet with FM

The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief and market reforms

RBI policy: CRR cut to improve lenders' margins, may lift credit growth

Deposit rates may start easing

Forex reserves up $1.51 bn to $658.091 bn; end consecutive weeks of decline

For the week ended November 29, foreign currency assets, a major component of the reserves, increased by $2.061 billion to $568.852 billion, the data released on Friday showed

Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman

India's growth slowed to a seven-quarter low of 5.4 per cent in the July-September period of FY25

NSO may release monthly jobs data for rural, urban areas from March-end

Currently, the NSO releases the PLFS data for urban areas on a quarterly and yearly basis, while for rural areas it is released only annually

Union Budget 2025-26: Economists stress need for manufacturing policy

Call for reining in food inflation and raising investment in pre-Budget talks

India will continue to grow at 6-8% for next 5 years: Ashwini Vaishnaw

Vaishnaw said the world saw India as a ray of hope in times of global turmoil, two wars, disruption of supply chains and the hit taken by the world economy due to the Covid-19 pandemic

India not re-considering joining mega trade agreement RCEP, says Goyal

In a written reply to the Rajya Sabha, Goyal said that the structure of RCEP did not adequately address the ambitions and concerns of India's stakeholders

Cargo traffic at major ports drops 4.95% to 67.53 mn tonnes in November

JNPA and Deendayal ports reported positive growth, while cargo traffic at the remaining 10 major facilities saw a year-on-year drop

India's growth offers great opportunities to US investors: KV Subramanian

Americans have the opportunity to grow their money 15 to 20 times, I think that is something that is important, said Subramanian, who previously was India's Chief Economic Advisor

Political turmoil unlikely to impact Korea's trade with India for now

During the first six months of the current financial year, India exported goods worth $2.87 billion to South Korea, while imports stood at $10.62 billion

The Railways Amendment Bill 2024 seeks to simplify legal framework

Opposition fears privatisation

Low salaries can be self-destructive for India Inc, says CEA Nageswaran

Deregulation to be big theme of Eco Survey

Tractor sales may witness fertile H2; analysts expect 10-11% growth

The first half of the current financial has been flat in terms of wholesales - 472,079 units sold against 469,383 in H1FY24

Will fulfil promise of hiking 'Ladki Bahin' stipend to Rs 2,100: Fadnavis

Addressing his maiden press conference after taking over as CM in the evening, he said he will provide a stable government over the next five years

India and Israel on right side of the US' equation: Minister Nir Barkat

There is a new world order; India and Israel on the 'right side' of USA's equation: Nir Barkat

Beyond the missed deadlines, India-UK FTA talks at a tricky turning point

India and the UK are set to relaunch free trade agreement talks next month under Keir Starmer's Labour Party, facing critical challenges including unresolved issues and shifting political priorities

Potential shifts in US trade policy to affect trade in 2025: Unctad

Tariffs imposed on specific segments of global value chains often have a ripple effect, impacting not only the targeted industries and countries, but also the entire value chain