Economy - general

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

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).

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.