Indian economy

Looking at creating a fund for agritech startups, says Piyush Goyal

Technology and innovation will be the key driving force for India and its economy, he said.

Mar 13, 2022, 19:00 PM IST

Ukraine war to strain multiple sectors of Indian economy

The price of Brent crude has skyrocketed above $125 per barrel from $97 before the Russian invasion began.

Mar 07, 2022, 15:21 PM IST

Govt worried about impact of Russia-Ukraine conflict on India's exports, says FM Nirmala Sitharaman

Sitharaman said the government is closely monitoring the evolving situation in the Russia-Ukraine region and assessing the impact of the conflict on the country`s trade.

Feb 28, 2022, 15:25 PM IST

Crude oil at $100 per barrel, Govt may release Strategic Petroleum Reserves

India is the world's third-biggest oil importer of crude oil and imports over 80% of its oil needs. 

Feb 26, 2022, 18:40 PM IST

India, US in dialogue to boost economic ties

Talking about India's trade, the minister said the country's merchandise exports would cross the USD 400 billion mark in this fiscal.

Feb 20, 2022, 23:20 PM IST

Duty-free access for jewellery sector to get huge export boost under India-UAE trade pact: Comm secy

India has agreed to concessional import duties on gold imports of up to 200 tonnes per year. India imported about 70 tonnes of gold from the UAE in 2020-21.

Feb 19, 2022, 17:50 PM IST

India, UAE eye $100 billion in annual trade after signing trade pact

The deal also covers services, investments, intellectual property, and a commitment by the UAE to grant 140,000 employment visas to highly skilled workers from India by 2030.

Feb 18, 2022, 21:27 PM IST

Here’s how Baban Ghosh helped people during pandemic

Not only this, making arrangements to bring the trapped laborers home in other states and cities, for which 20 to 30 buses were arranged and the workers were called back to their cities with security.

Feb 14, 2022, 19:54 PM IST

Latest wave had muted impact on growth, biz activity back to pre-third wave level

The labour participation rate inched lower to 40.3 per cent from 40.5 per cent in the previous week.

Feb 14, 2022, 18:09 PM IST

Corporate Compliance: Here’s how it will become a pathway to economic development

The Indian economy is the sixth-largest economy in the world, however, its employment rate had further declined to 6.57% in January 2022. 

Feb 13, 2022, 17:51 PM IST

India-US goods trade up 45% to USD 113 bn in 2021

Both the countries have made a commitment to facilitate actions necessary for increasing the bilateral trade to USD 500 billion.

Feb 12, 2022, 19:56 PM IST

India will be fastest growing economy among large economies: FM Sitharaman

Our economy has to grow in a multimodal approach via the Gati Shakti Project which will create 21st Century infrastructure in India," said FM.

Feb 07, 2022, 23:48 PM IST

Sri Lanka signs $500 million credit line for fuel with India

Sri Lanka is struggling with its worst financial crisis in years with reserves hitting $3.1 billion in December. 

Feb 02, 2022, 18:21 PM IST

Exports rise by 23.69 pc to USD 34 bn in Jan; trade deficit widens to USD 17.94 bn

Trade deficit widened to USD 17.94 billion during the month as against USD 14.49 billion in the same month last year.

Feb 01, 2022, 20:55 PM IST

Indian economy contracts by 6.6% in 2020-21

As per the provisional estimates released in May 2021, the GDP had contracted by 7.3 per cent in 2020-21.

Jan 31, 2022, 17:52 PM IST

IMF projects India's growth rate at 9%, highest among major economies

India and Japan are the only major economies to have their growth projections raised from that made in October last.

Jan 25, 2022, 20:23 PM IST

India’s economic recovery yet to attain durability: Icra Report

ICRA Chief Economist Aditi Nayar said economic activity rebounded in December 2021, even as many sectors continued to trail the performance recorded in October 2021.

Jan 20, 2022, 11:28 AM IST

FPIs invest Rs 3,117 crore in Indian markets in January so far

Depositories data showed that they pumped Rs 1,857 crore into equities and Rs 1,743 crore into hybrid instruments during January 1-14.

Jan 17, 2022, 13:44 PM IST

Economy on durable path of recovery, says RBI

Notwithstanding the global headwinds, the article said mobility is rapidly improving, the job market is recouping, and overall economic activity is on the cusp of a strengthening revival.

Jan 15, 2022, 18:31 PM IST

India's economy recovery on 'solid path', says United Nations' report

United Nations said that India is forecast to grow at 6.5 per cent in fiscal year 2022, a decline from the 8.4 per cent GDP estimate in previous financial year.

Jan 13, 2022, 22:06 PM IST