Piyush Goyal said that critical minerals figured in his official parleys with U.S. Commerce Secretary Gina Raimondo on Thursday.

OPEC and the U.S. can help ease oil prices in case there is disruption in supply due to a full-blown conflict between Israel and Iran; while OPEC has enough spare capacity to compensate for the loss of Iranian supplies, much of that capacity is in the Gulf region and potentially vulnerable to attack

Addressing the 3rd edition of Kautiliya Economic Conclave here, the Minister said, India's critical economic performance in the recent decade was underscored by its leapfrog from the 10th to the fifth largest economy in five years.

Rao was appointed as RBI Deputy Governor in October 2020 for a period of three years

These ideas may be taken up by an internal committee of the Income Tax Department that has been formed to oversee the review of the 1961 law.

‘RBI changes stance of monetary policy to ‘neutral’ from withdrawal of accomodation,’ says Shaktikanta Das.

According to RBI Governor Shaktikanta Das, growth for the fiscal year will be supported by robust quarterly performances.

“The economic growth story of India is tremendous. India is among very few large economies which are growing 7-8%,” Mukesh Aghi said

How does the World Bank define the threshold for middle-income economies? Why is state intervention considered crucial for breaking the middle-income trap? What lessons can be drawn from South Korea and Chile? What challenges does India face in balancing state intervention with democratic values?

RBI instructs banks to review payment systems for accessibility to persons with disabilities, ensuring digital payment inclusivity

In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion.

The income tax department had collected ₹9.51 lakh crore during the same period a year ago.

“There are other policy tools that are being discussed that are still in the pipeline,” Chinese Finance Minister Lan said, adding that there is “ample room” in the budget

Fuel and power costs dropped over 4% last month, while manufactured product prices rose just 1%, reining in overall wholesale inflation pace to 1.84% from 1.3% in August

“The Vedanta, Tata, Adani, Reliance and JSW groups alone are prepping about $350 billion of investment in these sectors over the next decade,” Neel Gopalakrishnan of S&P Global Ratings said

Retail inflation touches nine-month high of 5.5% in September

Daron Acemoglu and Simon Johnson are professors at the Massachusetts Institute of Technology while James Robinson is based at the Harris School of Public Policy and Department of Political Science at the University of Chicago.

The 2024 Economics Nobel laureates have argued that differences in the quality of economic and political institutions is what best explains the divergence in the economic fates of countries

The government had last hiked Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners on March 8

According to quick estimates of the economic think tank National Council of Applied Economic Research (NCAER), logistics costs in India ranged between 7.8% to 8.9% of GDP for the fiscal 2021-22

The minimum and maximum benefits under the Employees’ Deposit Linked Insurance Scheme were enhanced from ₹1.5 lakh and ₹6 lakh to ₹2.5 lakh and ₹7 lakh respectively in 2021 and the benefits were valid for a period of three years, which came to an end on April 27, 2024.

A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways, says World Bank president Ajay Banga

The latest data show the world's second largest economy slowing from 4.7% annual growth in the previous quarter and falling short of the official target of “about 5%” growth for 2024,

The RBI Governor said that the central bank does not act like a policeman.

The Group of Ministers on GST rate on life and health insurance decided to exempt GST on premiums paid for health insurance with coverage of ₹5 lakh for individuals other than senior citizens; final decision to be taken by the GST Council

Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel

Nirmala Sitharaman said that India is looking towards boosting domestic capacities, and building resilience against external shocks

The growth rate projection is 6.5% in the next fiscal year (FY2025-26)

Bigger rice shipments from India would beef up overall global supplies and soften international prices

Unemployment is not merely an economic issue, but a fundamental political challenge that strikes at the heart of how we organise our societies

Nirmala Sitharaman highlighted that providing free digital access to the public, coupled with extensive campaigns and awareness programs in local languages, helped people across the country embrace technology

Direct interventions through retail sale of basic food items such as rice, atta, dal and onion have helped maintain a stable price regime, Union Consumer Affairs and Food Minister Pralhad Joshi said

DGFT has removed the $490 a tonne minimum export price on non-basmati white rice with immediate effect

We also analyse the IMF’s report on world economy as well as their forecast for India.

Since June, foreign portfolio investors (FPIs) have consistently bought equities after withdrawing ₹34,252 crore in April-May

Government capex recovers from a lull in the first quarter; overall investments jump 42.5% sequentially in the second quarter of 2024-25 to ₹9.21 lakh crore; private investors also step up, at a slower pace

The Ministry’s latest monthly economic review points to evidence of a slowdown in urban demand as reflected in the performance of various indicators during the first half of FY25

Days after its research report stating ‘the growth glass looks half empty’ for India, Nomura economists signal weak urban demand is unlikely to rebound soon and GDP growth may even slip under 6.7% this year

Rupee opens flat against U.S. dollar, influenced by foreign fund outflows, strong dollar, and domestic equity trends

Steel, power, oil and gas output growth slows, though cement output grows faster; economists say industrial production growth likely slowed in September, and may drag down annual growth projections

The author, professor and former NITI Aayog member was 69.

Prime Minister Narendra Modi and President Droupadi Murmu were among those who paid tribute to the PM’s Economic Advisory Council chairman

This is the fourth straight monthly hike in commercial LPG prices; Commercial LPG now costs ₹1,754.50 per 19-kg cylinder in Mumbai, ₹1,911.50 in Kolkata and ₹1,964.50 in Chennai

Collections surpass ₹1.87 lakh crore in October, marking the second highest monthly collections on record, with growth mounting to 8.9% in October from September’s 40-month low uptick of 6.5%

Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike

Foreign portfolio investors withdrew ₹94,000 crore from Indian stock market in October due to high valuations, shifting focus to Chinese stocks

Cost pressures spiked to a three-month high, new export orders accelerate from 18-month low growth in September

Applicants should have at least 25 years of work experience in Public Administration including experience at the level of Secretary or equivalent in the Government of India

On May 19, 2023, the RBI announced the withdrawal of ₹2000 denomination banknotes from circulation

India’s services PMI rebounds to 58.5 in October, driven by strong output, new business, and job creation, signaling economic growth