Economy

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

Economy
In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it...

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Economy
Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September,...

India, Taiwan get time till Apr’25 to resolve ICT dispute at WTO

Economy
New Delhi: In a breather for manufacturers of mobiles and components in India, the World Trade Organization’s dispute settlement body (DSB) has accepted...

Ethanol production to prevent Indian sugar exports, says trader Wilmar

Economy
The increase in ethanol production in India due to higher blending rates will reduce local sugar availability and prevent the country from exporting...

Budget home threshold may be hiked to Rs 55 lakh

Economy
New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real...

Rice prices: Potato and rice to remain costly till December

Economy
Prices of potato and rice are set to remain high till December, traders and farmers said. Potato sowing in UP, the largest producer,...

Geopolitical conflicts’ spillover on India could cause negative wealth effects, Eco Survey says

Economy
India’s economic outlook remains optimistic for the fiscal year, with projected growth rates between 6.5 per cent and 7.0 per cent, according to...

Indian economy: RBI’s rosy growth forecast baffles economists

Economy
The Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists.The central...

Development banks must drive sustainable goals: FM Nirmala Sitharaman

Economy
New Delhi: Finance minister Nirmala Sitharaman called for enhanced support by multilateral development banks to poor and developing nations, especially from Africa, to...

Govt floats draft bill to amend arbitration law; Adds proviso for emergency arbitration

Economy
New Delhi: Seeking to provide "further boost" to institutional arbitration and reduce court intervention in such cases, the government has come out with...

FM: Rating agencies need to upgrade methodology

Economy
Finance minister Nirmala Sitharaman has rooted for “improvements in methodology” of global credit rating agencies to ensure they capture the fundamentals that reflect...

CBDT extends ITR filing deadline for corporates to November 15

Economy
The deadline for corporate income tax returns filing for assessment year 2024-25 has been extended by 15 days to November 15.The Central Board...
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