Economy

Foodgrain output set to scale new peak in 2025 as farm sector eyes 4 pc growth

New Delhi: India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in...

Spree of nuptials unties some knots in demand

Weddings have been a blessing this year, not just for the couples but also for the inflation-weary economy. Sales of gold, jewellery, apparel,...

All 36 states and UTs to frame rules on Labour Codes by end of this fiscal year: Labour Ministry

The ministry of labour and employment is confident of bringing in all 36 state and union territories (UTs) in India on board by...

Major polices and regulation changes effective from January 1, 2025

The year 2024 comes to end and preprations for 2025 are underway. Several significant rule changes are stet to kick in from 2025....

Over 20 states’ consumption spend higher than national avg: Report

Sikkim reported the highest monthly per capita consumption expenditure (MPCE) among Indian states across both rural and urban households while Chhattisgarh reported the...

CAD surprises with a moderate deficit

India's current account deficit moderated marginally in the September quarter despite a wider trade deficit on the the back of higher services income,...

Manmohan Singh’s 1991 economic reforms: The masterstroke in Budget that reshaped India’s economic destiny forever

Manmohan Singh was the leader behind India's transformation. As finance minister in the early 1990s and then as the prime minister from 2004...

Rupee depreciation may push import bill by USD 15 bn: GTRI

The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about USD 15 billion, think...

India-US critical mineral partnership step forward, China nods to some fish imports: Govt

India’s MoU with the US on critical minerals will be “a step forward” for their engagement as the scaling up of this will...

Budget 2025: Money for country roads may take economy to a better place

India Budget: As preparations for Budget 2025 gain momentum, Finance Minister Nirmala Sitharaman along with her team is poised to present measures aimed...

Farmers borrowing more from banks and are creditworthy, too

Bad loans from agricultural lending have decreased by 2-4 percentage points across bank groups between FY20 and FY24. This is despite farmers increasingly...

Depreciation of rupees helps exports more than an appreciating currency helping in imports: RBI study

A cost-benefit analysis of exchange rate movements shows that the benefits of depreciation of the Rupee, adjusted for inflation, is more in the...

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