The panel is expected to review the current system of price collection and suggest changes of its improvement, and decide on the computation methodology for
For many low-and middle-income countries, remittances act as a major source of income. In 2024, India received an estimated $129.1 billion worth of remittances, the
After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data
Reserve Bank of India’s (RBI) new Governor Sanjay Malhotra. | Photo Credit: PTI Facing criticism from the government over the central bank prioritising inflation over
On the economy, the report said during the first half of 2024-25, real GDP growth (y-o-y) moderated to 6 per cent from 8.2 per cent
Image used for representation purposes | Photo Credit: Getty Images Investors in small savings schemes should brace themselves for a year of interest rate cuts,
Photo used for representation purpose only. | Photo Credit: Sushil Kumar Verma The story so far: It has been what one may call, a bittersweet
India’s CAD moderated marginally to $11.2 billion or 1.2% of GDP year-on-year in the July-September quarter of 2024-25, according to Reserve Bank data released. File
Photo used for illustration purpose only. | Photo Credit: Reuters The country’s forex reserves dropped by a further $8.478 billion to $644.391 billion for the
RBI Governor Sanjay Malhotra. File | Photo Credit: PTI Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark, RBI
Finance Minister Manmohan Singh on his way to Parliament to present the Budget on July 24, 1991. | Photo Credit: The Hindu Archives Less than
A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. | Photo Credit: Reuters The Finance Ministry on Thursday (December 26,
Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February 1, 2025. File | Photo Credit: Nagara Gopal The
Prime Minister Narendra Modi chairs a meeting with eminent economists and sectoral experts, at NITI Aayog in New Delhi on Tuesday. Union Finance Minister Nirmala
In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be
Image used for representative purpose only. | Photo Credit: BISWARANJAN ROUT The Congress on Sunday (December 22, 2024) said the “absurdity” of three different tax
The Union Minister (L) said that the State remains dedicated to supporting reforms that simplify the GST framework, ensure fairness, and cater to the unique
Customers wait in line to check out at a Costco store on December 11, 2024 in Novato, California. According to a Bureau of Labor Statistics
Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer, on December 21, 2024. | Photo Credit: PTI Finance Minister
Representative image | Photo Credit: Getty Images Since the COVID-19 pandemic, India is witnessing a surge in health care cost inflation making assured and standardised
China’s external lending increased massively over the last two decades Over 25% of the world’s bilateral external debt was owed to China by the end
Indians traditionally prefer jewellery made in 22-carat gold, which contains 91.7% pure gold, while 18-carat gold contains 75% pure gold and 25% other metals. File.
The Federal Reserve cut its key interest rate by a quarter-point. File. | Photo Credit: AP The Federal Reserve cut its key interest rate on Wednesday
As inflation rates have fallen from multidecade highs, the central banks have started cutting interest rates. File (representational image) | Photo Credit: Reuters Inflation in
Congress leader and the Leader of Opposition in the Lok Sabha Rahul Gandhi. | Photo Credit: ANI Slamming the Modi government, Leader of Opposition in
“Growth is definitely stronger than we thought, and inflation is coming in a little higher,” U.S. Federal Reserve Chair Jerome Powell said recently. “So the good
The initiative is part of the implementation of the e-Verification Scheme, 2021. | Photo Credit: Getty Images The income tax department on Tuesday (December 17,
Union Finance Minister Nirmala Sitharaman speaks during the Winter session of Parliament, in New Delhi, on December 17, 2024. | Photo Credit: PTI Union Finance
“In FY 2023-24, the percentage of population that files Income Tax Return is 6.68 per cent. (In FY 2023-24, the total number of persons filling
India’s G20 Sherpa and former Niti Aayog CEO Amitabh Kant. | Photo Credit: PTI India’s circular economy could generate a market value of over $2
India’s merchandise exports fell 4.83% to $32.11 billion in November. File photo | Photo Credit: PTI India’s merchandise exports fell 4.83% to $32.11 billion in
Representational image of an aerial view of a footpath market in Bengaluru. Food price inflation decelerated to 8.9% in November 2024 from a 25-month high
Report says increase in expenditure is fuelled only by the rise in prices. | Photo Credit: NIHARIKA KULKARNI In November, 88.6% respondents in urban households
December 9 began as a routine day for North Block mandarins, with questions pertaining to the Finance Ministry to be answered in the Lok Sabha.
Image of Enforcement Directorate. File | Photo Credit: PTI The Enforcement Directorate (ED) has restituted assets worth ₹4,025 crore of the erstwhile Bhushan Steel and
Union Finance Minister Nirmala Sitharaman addresses a gathering during the CII Global Economic Policy Forum 2024, in New Delhi on December 11, 2024. | Photo
For representative purposes. | Photo Credit: iStockphoto Producer bias refers to the bias that economic policymakers have to frame policies that are in favour of
Image for representational purposes only | Photo Credit: Special arrangement The Centre has announced that it will bear the additional cost of ₹425.62 crore in
Manohar Lal Khattar. File | Photo Credit: PTI Union Minister Manohar Lal Khattar on Tuesday (December 10, 2024) said there has been a substantial increase
Sanjay Malhotra. File | Photo Credit: Reuters Revenue Secretary Sanjay Malhotra on Tuesday (December 10, 2024) said he will work to understand all perspectives and
With exports outpacing imports, China’s trade surplus rose to USD 97.4 billion. File (Representational image) | Photo Credit: Reuters China’s exports slowed in November and
Sanjay Malhotra will be the 26th RBI Governor. File | Photo Credit: PTI Sanjay Malhotra will replace Shaktikanta Das as the Governor of the Reserve
Revenue Secretary Sanjay Malhotra has been appointed as the new RBI Governor replacing Shaktikanta Das whose tenure ends on December 10, 2024. File | Photo
For representative purposes. | Photo Credit: iStockphoto Billionaire Warren Buffet, with a net worth of almost $121 billion by some estimates, has maintained his pledge
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as
The world is bullish on India, the country’s top economist, currently Executive Director of the International Monetary Fund (IMF) has said, noting that India’s public
Watch: Q3 GDP growth lower than expected: RBI Governor Shaktikanta Das Source link
Security Personnel passes by a logo of Reserve Bank of India outside RBI Headquarters in Mumbai on December 6, 2024. | Photo Credit: Emmanual Yogini
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, Dec. 6, 2024. | Photo Credit: PTI The Reserve Bank of
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, December 6, 2024. | Photo Credit: PTI The Reserve Bank of
