Economy

India records $13.5 billion current account surplus in March quarter, says RBI

Economy
India recorded a current account surplus of USD 13.5 billion, or 1.3% of GDP, in the fourth quarter of FY25 (January–March), according to...

India’s economy to hold top spot for growth, but underlying weaknesses remain: Poll

Economy
The Indian economy will grow at a mostly steady pace this fiscal year and next after marking a four-year low in 2024-25, according...

Oman DTAA: Withholding tax rates lowered

Economy
India and Oman have amended their double taxation avoidance agreement (DTAA), expanding the definition of permanent establishment to cover digital and service-based operations.The...

India, U.S. trade talks face roadblocks ahead of tariff deadline, Indian sources say

Economy
Trade talks between India and the U.S. have hit a roadblock over disagreements on import duties for auto components, steel and farm goods,...

After magnets, China now plants agriculture barrier for India

Economy
New Delhi: China has halted shipments of specialty fertilisers used to increase the yields of fruits, vegetables and other remunerative crops to India...

Benign inflation should shield India from global headwinds: Report

Economy
Tariff-related uncertainties ahead of the July imposition deadlines could have a disproportionate impact on the world economy, although domestic growth underpinned by benign...

PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: Govt

Economy
The 14 production linked incentive (PLI) schemes have witnessed investments worth Rs 1.76 lakh crore, generated production of over Rs 16.5 lakh crore...

Why is India’s central bank stimulating a healthy economy?

Economy
The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy chugging along nicely....

CBIC extends NOC validity for imported alcoholic beverages

Economy
The Central Board of Indirect Taxes and Customs (CBIC) has extended the validity of no objection certificate (NOC) for imported alcoholic beverages bottled...

Iran-Israel ceasefire to stabilise global trade, aid India’s exports to Middle East: Experts

Economy
The ceasefire between Iran and Israel has offered major relief to India, which has over USD 100 billion worth of trade with the...

Panel moots slashing GST on Green H2 to 5%

Economy
A panel mandated to examine tax rates under the Goods and Services Council has recommended slashing tax on green hydrogen to 5% from...

ET Graphics: Risks to India amid the Middle East conflict

Economy
Rising tensions between Iran and Israel threaten India’s energy security, potentially driving up oil prices and fueling inflation. Experts warn that if oil...
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