Economy - general
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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
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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.
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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.
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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
India’s wholesale price inflation at a 9-month high of 0.73% in December
15 Jan 2024
Wholesale price inflation in India, based on the wholesale price index (WPI), stood at a nine-month high of 0.73 per cent in December 2023, preliminary data released by the commerce ministry on Monday showed.
India’s consumer price inflation at 5-month high of 5.93% in December
13 Jan 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), rose to 5.93 per cent in December 2023 from 5.55 per cent in November
India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman
10 Jan 2024
India’s Finance Minister Nirmala Sitharaman announced optimistic projections for India’s economic future at the Vibrant Gujarat Global Summit.
Gail and Vitol sign 10-year LNG supply contract
08 Jan 2024
Gail (India) Limited and Vitol Asia Pte Ltd on Friday announced the signing of a long term LNG supply contract, under which the Switzerland-based Dutch trading company will supply a million tonnes of LNG
India’s real GDP seen growing at 7.3% in the current fiscal
06 Jan 2024
India’s economy is expected to grow at a robust 7.3 per cent in the current financial year (April-March 2023-24) against the 7.2 per cent growth in the previous financial year (April-March 2022-23)
Car sales in India cross 4 million units in 2023
03 Jan 2024
Car sales in India hit a record in 2023, crossing the 4 million mark for the first time, as customers continued to pursue their love for sports utility vehicles (SUVs).
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Russian crude ships change course amid concerns over oil payments
02 Jan 2024
Several vessels transporting crude oil from Russia, previously idling off the coast of India, are now changing their course eastward, raising concerns about oil payments to Moscow and resulting in a decline in arrivals.
India’s forex reserves grow $58 bn year-to-date to $620.4 bn
31 Dec 2023
India's foreign exchange reserves increased by $57.63 billion year-to-date, taking overall forex reserves with the Reserve Bank of India (RBI) to $620.44 billion
Net financial assets of non-residents in India up $7.4 bn in Q2 FY24
31 Dec 2023
Net financial assets of non-residents in India increased by $7.4 billion to $380.9 billion in the second quarter of the current financial year (July-September 2023-24)
India’s core sector industrial production grows 7.8% in November
30 Dec 2023
Core sector industrial production in India increased by 7.8 per cent in November 2023 on the back of an increase in the production of steel, coal, petroleum products and electricity.
Consumer price inflation for industrial workers up at 4.98% in November
30 Dec 2023
Consumer price inflation based on the all-India consumer price index for industrial workers (CPI-IW) increased by 0.7 points and stood at 4.98 per cent
IMF projects India’s GDP growth at 6.3% in FY24-25
21 Dec 2023
The International Monetary Fund (IMF) has projected India’s real GDP to grow at 6.3 per cent in the current financial year (2023-24) and the next fiscal year (2024-25), supported by macroeconomic and financial stability.
India remains on top with $125 bn inward remittances
20 Dec 2023
India continues to be the largest recipient of overseas remittances, with inward flow of $125 billion in 2023, a 12.3 per cent surge
Net direct tax collections up 20.66% at Rs13,70,388 crore
19 Dec 2023
Net direct tax collections so far during the financial year 2023-24 (as of 17 December 2023) stood at Rs13,70,388 crore
India's wholesale price inflation rises for the first time in FY24; hits 0.26% in November
15 Dec 2023
The annual rate of inflation based on the wholesale price index (WPI – Base 2011-12 = 100) rose to an 8-month high of 0.26 per cent in November 2023, provisional figures released by the commerce ministry showed.
Consumer price inflation at 3-month high of 5.55% in November
14 Dec 2023
Consumer price inflation in India, based on the Consumer Price Index (CPI), rose to 5.55 per cent in November 2023 from 4.87 per cent in October as food prices stood higher, preliminary data released by the National Statistics Office (NSO) showed.
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