Indian economy News

India's Proposed GST Rationalization: A Boost for Domestic Consumption Amid Global Challenges

India's proposed GST rationalization is set to strengthen domestic consumption and support the economy against global challenges, with economists highlighting the positive impact o...

India Faces US Tariffs on 7.38% of Exports: ICRIER Advocates for Strategic Negotiations and Market Diversification

ICRIER analysis reveals that US tariffs affect 7.38% of India's exports, with significant impact on textiles, gems, and agriculture. Strategic negotiations and market diversificati...

Revolutionary GST Reforms by PM Modi: A Visionary Leap Towards Simplifying India's Tax System

The Confederation of Indian Industry (CII) has welcomed PM Modi's announcement of GST reforms, calling it a visionary step towards simplifying India's tax system. These reforms aim...

PM Modi's Diwali GST Rate Cut: A Strategic Boost for India's Economy and MSMEs

Prime Minister Narendra Modi's announcement of GST 2.0 with rate cuts by Diwali is seen as a strategic move to boost India's economy, especially benefiting MSMEs and enhancing expo...

Despite Trump's 'Dead Economy' Claim, S&P Global Upgrades India's Credit Rating: Here's Why

S&P Global upgrades India's credit rating to 'BBB' despite Trump's tariffs and 'dead economy' remarks, citing strong economic growth and domestic consumption as key factors. The im...

Ex-Niti Aayog VC Rajiv Kumar Advocates for Lifting Chinese Investment Bans Amid US Tariff Tensions

Rajiv Kumar, former Niti Aayog VC, calls for easing Chinese investment restrictions in India to boost manufacturing and jobs, while addressing the impact of US tariffs and the impo...

RBI Governor Assures Strong Economy Amid Global Challenges, Clarifies Status of Rs 2,000 Notes

RBI Governor Sanjay Malhotra reassured the Parliamentary Standing Committee on Finance about India's strong economy amidst global challenges, clarified the legal status of Rs 2,000...

Global Watch: The Shifting Dynamics of Electronics Imports from China to India and the US

Recent data shows a decline in electronics imports from China to India and the US, amid trade tensions and new tariffs. A committee monitors for surges, while industry opinions on ...

RBI's Crucial Rate Decision: Live Updates on MPC Meeting and Governor Sanjay Malhotra's Announcement

The RBI's MPC meeting, led by Governor Sanjay Malhotra, is set to announce a potential repo rate cut to address global economic challenges and stimulate growth. Live updates availa...

Piyush Goyal Exposes China's Unfair Trade Practices as Root Cause of Global Tariff Wars

Commerce minister Piyush Goyal blames China's unfair trade practices for global tariff crises, urging collective action for fair trade. He sees the crisis as an opportunity for Ind...

Indian Government Raises Excise Duty on Fuel: What This Means for You and the Economy

The Indian government has increased excise duty on petrol and diesel by Rs 2, effective April 8, with no immediate impact on retail prices. This comes amid global oil market fluctu...

Economist Poonam Gupta Makes History as RBI's New Deputy Governor

Poonam Gupta appointed as RBI's new Deputy Governor, bringing a wealth of experience from her roles at NCAER and the Economic Advisory Council. Her historic appointment marks a sig...

Dalal Street Watches Trade War Developments as FPI Selloff Slows Down

Investors on Dalal Street are closely watching the global tariff war and FPI selloff trends, alongside key data releases and commodities market movements, as the Indian economy sho...

Nippon Paint's Strategic Expansion in India: Investments, Acquisitions, and Growth

Nippon Paint is capitalizing on India's growing economy and youthful population to expand its operations through investments and acquisitions. With a strong presence in various pai...

Unveiling the 25th ET Awards: A Fusion of Style, Substance, and Corporate Excellence

The 25th ET Awards for Corporate Excellence in Mumbai promises a transformative experience, blending style with substance. As a pioneer in recognizing India's industrial and entrep...

Finance Minister Nirmala Sitharaman Vows to Simplify Regulations for a Thriving Indian Economy

Finance Minister Nirmala Sitharaman outlines the government's plans to reduce regulatory burdens and enhance trust-based governance, aiming to make India a seamless, export-friendl...

Union Budget 2025 Unveiled: A Muted Market Response to FM's Tax Reforms

The Union Budget 2025 was met with a muted response from investors, despite the Finance Minister's tax reforms. While some sectors saw bullish sentiment, others experienced selling...

Key Focus Areas for FM Nirmala Sitharaman in Budget 2025: Boosting Consumption and Investments

The upcoming Union Budget 2025 must focus on boosting consumption and driving investments to address the challenging economic scenario. With the Indian economy showing signs of str...

Optimism in the Air: Private Investments and Job Growth to Propel Indian Economy Forward

A CII survey reveals optimism for India's economy, with significant private investments and job growth expected. Despite global challenges, firms plan to increase investments and e...

ITC Hotels Aims for Accelerated Growth Post-Demerger: A New Era Begins

ITC Hotels, post its demerger from the parent group, is focusing on accelerated growth with plans to expand to 200 hotels by 2030. The company is shifting towards a higher proporti...

Sanjay Malhotra Assumes Role as 26th RBI Governor Amid Economic Challenges

Sanjay Malhotra assumed the role of the 26th governor of the Reserve Bank of India, welcomed by senior staff. His appointment comes amid economic challenges, with GDP growth at 5.4...