Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISIL
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
Tag : Indian economy
Gross Direct Tax Collections Surged by 21% to Rs 12.01 Lakh Crores, April-Mid Sept Data
India’s gross direct tax collections for 2024 showed significant growth, with a 21.48% increase as of September 17, 2024. The surge in Securities Transaction Tax...
US Fed Interest Rate Cut by 50 Basis Points and its Impact on India
On Wednesday, September 18, the US Federal Reserve cut interest rates by 50 basis points, marking the first reduction over four years. In its announcement,...
India’s Economic Relationship with China “Unfair”, Lacking Balance: Jaishankar
India’s External Affairs Minister S Jaishankar expressed concerns about the imbalance in economic relations with China, with Indian goods facing limited market access compared to...
Petrol and Diesel Prices may Reduce on Global Crude Rate Cuts: Petroleum Secretary
If global oil prices stay low, petrol and diesel prices may be cut in India. This relief is much needed as current prices encourage inflation...
India’s Economy to Remain Strong Despite Muted Global Growth: World Bank
According to the most recent India Development Update by the World Bank, India’s Trade Opportunities in a Changing Global Economy, India’s economy is continuing to...
RBI Board Reviewed Global and Domestic Economic Scenario: 610th Meeting
The 610th gathering of the Central Board of Directors of the Reserve Bank of India was conducted on Wednesday in Mumbai, with Governor Shaktikanta Das...
FM Nirmala Sitharaman Urged Ministries to Accelerate Capex Plans
Finance Minister Nirmala Sitharaman considered the Capital Expenditure (Cap-ex) plans for the Ministry of Road, Transport and Highways and the Ministry of Communication, urging the...
India had Trade Surplus with 151 Nations and Deficit with 75 Nations: GTRI
As reported by the think tank Global Trade Research Initiative (GTRI), India achieved a trade surplus with 151 countries like the US and Netherlands while...
Government Permitted Sugarcane Juice and Syrup for Ethanol Production in 2024-2025
On Thursday, August 29, the Indian government allowed sugarcane juice and sugar syrup for ethanol production in the 2024-2025 ethanol supply year (ESY), reversing the...