Economy - general

IMF, ADB project 7% GDP growth for India

19 Jul 2024

The International Monetary Fund (IMF) has raised its growth outlook for India for the current year to 7 per cent from its earlier projection of 6.8 per cent

Industrial production in India grows 5.9% in May

15 Jul 2024

Industrial production in India grew at 5.9 per cent year-on-year in May 2024 compared to a growth  of 5.7 per cent in the corresponding period of the previous year.

India’s consumer price inflation shoots up to 5.08% in June

14 Jul 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), shot up to 5.08 per cent in June 2024 from 4.75 per cent in May, provisional figures released by the National Statistics Office (NSO) showed.

India’s wholesale price inflation up at 2.61% in May

17 Jun 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood at 2.61 per cent in May 2024, as per provisional estimates released on Friday.

India’s industrial production up 5% in April

14 Jun 2024

Industrial production in India, based on the Index of Industrial Production (IIP), expanded by 5 per cent in April 2024 against a growth rate of 4.6 per cent

India’s consumer price inflation down at 4.75% in May

13 Jun 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI) stood at 4.75 per cent in May 2024, down from 4.83 per cent in April

India to remain fastest growing large economy in 2024 as well: World Bank report

13 Jun 2024

India will continue to be the world's fastest-growing major economy, even as the global economy is expected to stabilise for the first time in three years in 2024

Consumer price inflation for industrial, agricultural and rural workers down at 3.87%, 7.03% and 6.96% in April

09 Jun 2024

The annual rate of inflation for industrial workers, based on the Consumer Price Index for Industrial Workers stood at 3.87 per cent in April 2024

India’s industrial production grew at a slower pace of 4.9% in March

11 May 2024

Industrial production in India slowed marginally to 4.9 per cent in March 2024 this year as compared to 5.7 per cent in February this year

India, Australia look to deepen economic ties

06 May 2024

An India-Australia Joint Committee Meeting (JCM), held in Canberra as well as meetings with businesses in Sydney and Melbourne have emphasised the need to work closely, especially in collaborative projects, in order to bring new synergy to the strategic partnership of the two countries.

India, Nigeria agree on local currency settlement system

06 May 2024

The second session of the India-Nigeria Joint Trade Committee (JTC) held in Abuja, capital of Nigeria, on Friday, agreed to finalise a local currency settlement system for bilateral trade and investment.

India's forex reserves hit record $642.5 billion

25 Mar 2024

India’s foreign exchange reserves rose to an all-time high of $642.5 billion during the week ended 15 March 2024 as the surge in the forex inflows continued for the third successive week.

India’s wholesale price inflation rate slightly higher at 0.20% in February

15 Mar 2024

India’s wholesale price inflation, based on the Wholesale Price Index (WPI) increased by 0.20 per cent year-on-year in February 2024, provisional figures released by the commerce ministry showed.

India’s consumer price inflation down marginally at 5.09% in February

13 Mar 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), declined marginally to 5.09 per cent in February 2024, from 5.10 per cent in January 2024.

India’s core sector output growth slows to 3.6% in January

01 Mar 2024

Core sector industrial production in India expanded by 3.6 per cent year-on-year in January 2024, on the back of increased production of coal, steel, cement, natural gas, electricity and crude oil during the month.

India’s economy seen growing at 7.6% in FY24

01 Mar 2024

India’s economy is expected to grow at a robust 7.6 per cent in the 2023-24 financial year against the 7 per cent growth recorded in the 2022-23 fiscal

India’s wholesale price inflation seen lower at 0.27% in January

15 Feb 2024

The annual rate of inflation based on the Wholesale Price Index (WPI) stood lower at 0.27 per cent in January 2024, against the 0.73 per cent inflation recorded in December 2023

India's industrial production grows 3.8% in December

13 Feb 2024

Industrial production in India based on the Index of Industrial Production (IIP) expanded 3.8 per cent in December 2023, against 2.4 per cent in the previous month and 5.1 per cent in December 2022

India’s consumer price inflation falls to 5.10% in January

13 Feb 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), declined to 5.10 per cent in January 2024 from 5.93 per cent in December 2023

Lok Sabha passes bill to curb malpractices in public exams

07 Feb 2024

The Lok Sabha on Tuesday passed ‘The Public Examinations (Prevention of Unfair Means) Bill, 2024’ aimed at curbing leaks and malpractices – both individual as well as organised - in recruitment examinations conducted by the UPSC, SSC etc and entrance tests like the NEET, JEE, and CUET.

Interim Union Budget 2024–25: Key highlights

01 Feb 2024

Embodying the principles of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas,’ Union Minister for Finance and Corporate Affairs, Nirmala Sithraman, unveiled the Interim Budget 2024–25 in Parliament, aligning with the ‘Sabka Prayas’ approach. Following are the key highlights of the Interim Union Budget 2024–25 discussed in the session.

India’s core sector industrial production grows 3.8% in December

01 Feb 2024

Core sector industrial production in India increased at a slower pace of 3.8 per cent in December 2023 against a robust 7.8 per cent in November, provisional figures released by the Central Statistics Office (CSO) showed.

Investment sans consumption could hamper inclusive growth: RBI

22 Jan 2024

The Indian economy recorded stronger than expected growth in 2023-24, underpinned by a shift from consumption to investment.

New building to house Central Registrar of Cooperative Societies

17 Jan 2024

The centre has set up a new building in the capital to house the office of the Central Registrar of Cooperative Societies, giving a big boost to the cooperative movement in the country

India's industrial production grows at a slow 2.4% in November

15 Jan 2024

Industrial production in India, based on the Index of Industrial Production (IIP) grew at a slow pace of 2.4 per cent in November 2023 against the 16-montyh-high 11.6 per cent