Economy

World Bank ups India’s growth forecast for FY25 to 7% due to rising private consumption

Economy
The World Bank on Thursday uped India's economic growth forecast for the current fiscal year, ending in March 2025, to 7% year-on-year, up...

GST relief for foreign airlines, academic institutions

Economy
New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...

Over 34.84 lakh IT audit reports filed on e-filing portal up to Oct 7: Finmin

Economy
The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed...

RBI says inflation, growth to ease in fiscal 2026

Economy
Reserve Bank of India (RBI) forecasts consumer price inflation (CPI) to reduce to 4.1% in the next fiscal year ending March 2026 from...

Gross enrolments under Atal Pension Yojana cross 7 crore mark

Economy
The gross enrolments under the Atal Pension Yojana have crossed the 7 crore mark, the Pension Fund Regulatory and Development Authority said on...

Indian regulators have done world-class job; made system more transparent: Finance Minister Nirmala Sitharaman

Economy
Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system....

RBI MPC: Home loan EMIs pinching hard? Let’s see what RBI is about say

Economy
The Reserve Bank of India-led Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, is set to announce its interest rate decision on...

United Arab Emirates: Pacts with UAE may yield $100 billion investments: Piyush Goyal

Economy
India and United Arab Emirates (UAE) agreements to promote investment could potentially lead to a total of about $100 billion investment from UAE...

Currency Swap Agreement: RBI, Maldives Monetary Authority ink $400 mn Currency Swap Agreement; India to provide Rs 30 bn under INR swap window

Economy
The Reserve Bank of India on Monday entered into a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency...

Central banks may scale back gold purchases in 2024, reports World Gold Council

Economy
Central banks may buy less gold in 2024 compared to 2023, when they had bought 1,037 tonnes of gold, according to a World...

manufacturing sector: Stable policies, ease of doing business to boost manufacturing: Experts

Economy
Stable policies and further improvement in the ease of doing business in states will help significantly boost the country's manufacturing sector's growth, according...

India’s easing of rice exports welcomed in S Africa

Economy
South African importers have welcomed India's decision to ease restrictions on rice exports. Last month, the Indian government withdrew a blanket ban on...
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