Economy - general

The government allocates an additional Rs. 1,500 crore to the FAME-II program

04 Dec 2023

In a decisive move to bolster the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) program, the Centre has sanctioned an additional Rs. 1,500 crore for its second phase.

The Indian rupee strengthened by 11 paise to 83.29 against the US dollar

01 Dec 2023

In the early hours of Friday 1 December, 2023, trading session, the Indian rupee showcased resilience, appreciating by 11 paise to reach 83.29 against the US dollar.

The Indian rupee strengthened by 11 paise to 83.29 against the US dollar

01 Dec 2023

In the early hours of Friday 1 December, 2023, trading session, the Indian rupee showcased resilience, appreciating by 11 paise to reach 83.29 against the US dollar.

The Indian rupee strengthened by 11 paise to 83.29 against the US dollar

01 Dec 2023

In the early hours of Friday 1 December, 2023, trading session, the Indian rupee showcased resilience, appreciating by 11 paise to reach 83.29 against the US dollar.

Indian markets make history, surpassing the $4 trillion market cap milestone for the first time

29 Nov 2023

Indian markets soared to new heights on Wednesday, 29 November 2023, as they achieved the historic $4 trillion market cap milestone for the first time.

Consumer price inflation for agricultural and rural workers up at 7.08% and 6.92% in October

20 Nov 2023

Consumer price inflation for agricultural and rural workers, based on the all-India Consumer Price Index Number for Agricultural Labourers (Base: 1986-87=100) increased by 15 points and 14 points

Reports indicate that India is already a $4 trillion economy, but no official word yet

20 Nov 2023

The reports are based on GDP feed for all countries compiled by the International Monetary Fund and the Reserve Bank’s optimism that the domestic economy is in better shape.

Reports indicate that India is already a $4 trillion economy, but no official word yet

20 Nov 2023

The reports are based on GDP feed for all countries compiled by the International Monetary Fund and the Reserve Bank’s optimism that the domestic economy is in better shape.

High Court strikes down Haryana law on 75% job reservation for locals in private sector

18 Nov 2023

The Punjab and Haryana High Court on Friday quashed the Haryana State Employment of Local Candidates Act, 2020, that provided for 75 per cent reservation of jobs in private sector to persons domiciled in Haryana.

India’s wholesale price inflation higher at (-) 0.52% in October

14 Nov 2023

India’s wholesale price inflation based on the wholesale price index (WPI) for October 2023 stood at (-) 0.52 per cent in October 2023 against (-) 0.26 per cent registered in September 2023

India’s consumer price inflation down at 4.87% in October

14 Nov 2023

The annual rate of inflation based on the consumer price index (CPI) in India declined to 4.87 per cent in October 2023 from 5.02 per cent in September. The CPI inflation rate was at 7.56 per cent in September 2022.

Moody's issues 'negative' outlook for US credit amidst high interest rates

11 Nov 2023

Moody's Investors Service, a leading credit rating agency, revised its outlook on the United States government's debt from "stable" to "negative."

Government plans overhaul of SEZ Act, proposes reduction in tax incentives, and increased integration

09 Nov 2023

The government seems poised to refrain from introducing fresh direct tax incentives for businesses in special economic zones (SEZs).

The National Industry Quarterly report states 8.6% volume growth in the FMCG sector

08 Nov 2023

India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).

India’s industrial production up 5.7% in July

12 Sep 2023

India's industrial production increased by 5.7 per cent in July, according to official data released on Wednesday. This is the fastest rate of growth in industrial production after the 5.8 per cent growth recorded in February 2023.

India's consumer price inflation lower at 6.83% in August

12 Sep 2023

Consumer price inflation in the country, based on the consumer price index, declined to 6.83 per cent in August 2023 from 7.44 per cent in July and 7.00 per cent in August 2022

Consumer price inflation for industrial workers down at 5.79% in March

05 May 2023

Core sector industrial production hits a 5-month low of 3.6% in March

03 May 2023

IMF cuts India's FY24 GDP forecast to 5.9%

17 Apr 2023

Despite a significant drop in growth rate projections from 6.8 per cent in 2022 to 5.9 per cent in 2023, the latest World Economic Outlook figures show that India continues to be the fastest-growing major economy in the world

India’s industrial production up 5.6% in February

15 Apr 2023

India's consumer price inflation down at 5.66% in March

14 Apr 2023

India’s per capita income doubled to Rs1,72,000 under Modi govt: report

10 Apr 2023

RBI keeps policy repo rate unchanged at 6.50%

06 Apr 2023

While the inflation trajectory for 2023-24 would be shaped by both domestic and global factors RBI expects consumer price inflation to average around 5.2 per cent for 2023-24, considering the emerging trends in production and supply and assuming an annual average crude oil price (Indian basket) of $85 per barrel and a normal monsoon