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Economy News

  • India's manufacturing PMI rises to 56.0 i.. 01 Dec 2023 | 13:49 | Dion Global

    In November, India's manufacturing sector exhibited continued expansion, as indicated by the S&P Gl...more...

  • All-India House Price Index moderates to .. 01 Dec 2023 | 10:50 | Dion Global

    The all-India House Price Index (HPI) moderated to 3.4 per cent in the July-September quarter of 20...more...

  • Retail inflation for industrial workers e.. 01 Dec 2023 | 10:50 | Dion Global

    In October, retail inflation for industrial workers experienced a decline, easing from 4.72% in Sep...more...

  • India's GDP grows 7.6% in Sep quarter; re.. 01 Dec 2023 | 10:08 | Dion Global

    During the July-September quarter of the current fiscal year 2023-24, the Indian economy exhibited ...more...

  • Indo-Pacific Economic Framework for Prosp.. 17 Nov 2023 | 15:36 | Dion Global

    The third Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial Meeting was held in San...more...

  • RBI tightens norms on personal loans for .. 17 Nov 2023 | 13:28 | Dion Global

    On Thursday, the Reserve Bank implemented stricter regulations for unsecured personal loans provide...more...

  • Niti Aayog appoints four distinguished fe.. 16 Nov 2023 | 11:20 | Dion Global

    Government think tank Niti Aayog has recently appointed four distinguished fellows for a period of ...more...

  • 18.88 lakh new workers enrolled under ESI.. 16 Nov 2023 | 11:17 | Dion Global

    The provisional payroll data of ESIC reveals that 18.88 lakh new employees have been added in the m...more...

  • India, US ink pact to boost cooperation a.. 16 Nov 2023 | 11:16 | Dion Global

    A Memorandum of Understanding (MoU) on “Enhancing Innovation Ecosystems through an Innovation...more...

  • India to emerge as third largest global e.. 15 Nov 2023 | 14:44 | Dion Global

    On Wednesday, Finance Minister Nirmala Sitharaman expressed optimism about India's economic traject...more...

  • Wholesale inflation at (-) 0.52% in Oct; .. 15 Nov 2023 | 10:12 | Dion Global

    Wholesale price inflation remained in the negative territory for the seventh month in a row in Octo...more...

  • IICA signs MoU with Lean Campus Startups .. 13 Nov 2023 | 16:22 | Dion Global

    The Indian Institute of Corporate Affairs (IICA) and Lean Campus Startups (Trust) & WEICI India sig...more...

  • Centre sells 2.85 LMT wheat and 5180 MT r.. 09 Nov 2023 | 17:11 | Dion Global

    As a part of Govt of India initiative for market intervention to control the retail price of rice, ...more...

  • RBI launches two key surveys for monetary.. 02 Nov 2023 | 10:22 | Dion Global

    The Reserve Bank of India on Wednesday announced the launch of 'Inflation Expectations Survey of Ho...more...

  • India’s manufacturing sector activi.. 01 Nov 2023 | 17:43 | Dion Global

    In October, India's manufacturing sector experienced a slowdown, with the pace of new orders growth...more...

  • NITI Aayog to organise G20 Feeder Themati.. 31 Oct 2023 | 17:01 | Dion Global

    With the aim to bolster the implementation of the G20 New Delhi Leaders' Declaration, NITI Aayog wi...more...

  • Union Commerce and Industry Minister Shri.. 27 Oct 2023 | 10:36 | Dion Global

    Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textil...more...

  • Cabinet approves Memorandum of Cooperatio.. 25 Oct 2023 | 18:40 | Dion Global

    The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Coop...more...

  • India, Saudi Arabia discuss ways to incre.. 25 Oct 2023 | 10:17 | Dion Global

    On Tuesday, India's Commerce and Industry Minister, Piyush Goyal, held discussions with Saudi Arabi...more...

  • India will remain fastest-growing major e.. 23 Oct 2023 | 18:32 | Dion Global

    India will remain the fastest-growing major economy in the world in 2023-24 fiscal on the back of s...more...

  • Cabinet approves transmission system for .. 19 Oct 2023 | 13:55 | Dion Global

    The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister, Shri Narend...more...

  • Govt okays release of an additional insta.. 18 Oct 2023 | 15:56 | Dion Global

    The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an add...more...

  • India's wholesale inflation stays in nega.. 16 Oct 2023 | 13:22 | Dion Global

    India's Wholesale Price Index (WPI) has remained in negative territory for the sixth consecutive mo...more...

  • India's exports decline 2.6% to USD 34.47.. 16 Oct 2023 | 10:34 | Dion Global

    India's exports declined by 2.6 per cent to USD 34.47 billion in September this year as against USD...more...

  • Govt extends 20% export duty on parboiled.. 16 Oct 2023 | 10:32 | Dion Global

    The government on Friday extended the duty on export of parboiled rice by over five months till Mar...more...

  • Retail inflation falls to 5.02% in Septem.. 12 Oct 2023 | 18:11 | Dion Global

    On account of easing food prices, the retail inflation dropped to a three-month low of 5.02 per cen...more...

  • Cabinet approves establishment of an auto.. 11 Oct 2023 | 15:47 | Dion Global

    The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved establishment of ...more...

  • RBI to extend PCA supervisory norms to go.. 10 Oct 2023 | 18:13 | Dion Global

    The Reserve Bank on Tuesday said the strict supervisory norms under the Prompt Corrective Action (P...more...

  • PATA and India to jointly promote Travel .. 09 Oct 2023 | 09:26 | Dion Global

    Pacific Asia Travel Association (PATA),has committed to work with India to expand Travel for LiFE i...more...

  • India, Saudi Arabia sign MoU for green hy.. 09 Oct 2023 | 09:12 | Dion Global

    India and Saudi Arabia have signed a Memorandum of Understanding in Riyadh today afternoon, in the ...more...

  • CII business confidence index rises in se.. 09 Oct 2023 | 09:10 | Dion Global

    The Confederation of Indian Industry (CII) reported an improvement in the business confidence index...more...

  • Reserve Bank may use OMO sale of governme.. 06 Oct 2023 | 13:21 | Dion Global

    Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said it may use Open Market Operatio...more...

  • RBI retains economic growth forecast at 6.. 06 Oct 2023 | 12:41 | Dion Global

    The Reserve Bank on Friday said India is poised to become the growth engine of the world as it reta...more...

  • RBI maintains status quo in policy rate, .. 06 Oct 2023 | 12:40 | Dion Global

    During its October review meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India...more...

  • Commerce Secretary visits Brazil for 6th .. 06 Oct 2023 | 10:36 | Dion Global

    Secretary, Department of Commerce, Ministry of Commerce & Industry, Shri Sunil Barthwal paid an off...more...

  • RuPay Domestic Card Scheme Agreement betw.. 06 Oct 2023 | 10:34 | Dion Global

    NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corp...more...

  • Citizens can now become drone pilots with.. 06 Oct 2023 | 10:33 | Dion Global

    Exercising the power bestowed upon it by section 5, sub-section 2 of section 10 and sections 10A, 1...more...

  • UAE-India MoU to drive investment and col.. 06 Oct 2023 | 10:20 | Dion Global

    The UAE and India will cooperate more closely in sustainable industrial development following a mem...more...

  • Services sector activity in India touches.. 05 Oct 2023 | 12:39 | Dion Global

    In September, the growth of the services sector in India reached a 13-year peak due to a significan...more...

  • Cabinet approved Amendment to the Central.. 05 Oct 2023 | 10:53 | Dion Global

    The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its approval for introduction i...more...

  • Cabinet approves Terms of Reference to Kr.. 05 Oct 2023 | 10:52 | Dion Global

    The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the issue of further Te...more...

  • 50 lakh Street Vendors covered under PM S.. 04 Oct 2023 | 12:41 | Dion Global

    The Prime Minister Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme, an initiative under the ...more...

  • GST collection in September rises 10% to .. 03 Oct 2023 | 10:38 | Dion Global

    The gross Goods and Services Tax revenue collected in the month of September was Rs 162,712 crore, ...more...

  • India's external debt at USD 629.1 bn at .. 28 Sep 2023 | 15:53 | Dion Global

    India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ...more...

  • G-Secs, forex market to remain operationa.. 28 Sep 2023 | 11:19 | Dion Global

    Government securities, foreign exchange, money and rupee interest rate derivatives markets will rem...more...

  • I-T notifies 'Angel Tax' rules for valuin.. 26 Sep 2023 | 14:12 | Dion Global

    The Income Tax Department has introduced revised rules for valuing equity and compulsorily converti...more...

  • J P Morgan to add G-Secs to its emerging .. 22 Sep 2023 | 17:09 | Dion Global

    Global financial firm J.P. Morgan has announced its intention to incorporate Indian government bond...more...

  • RBI asks CICs to prepare data quality ind.. 21 Sep 2023 | 10:36 | Dion Global

    The Reserve Bank of India (RBI) has directed Credit Information Companies (CICs) to create a data q...more...

  • EPFO records highest net member addition .. 21 Sep 2023 | 10:21 | Dion Global

    EPFO’s provisional payroll data released today highlights that EPFO has added 18.75 lakh net ...more...

  • India Ratings ups FY24 growth estimate to.. 20 Sep 2023 | 16:06 | Dion Global

    India Ratings and Research on Wednesday upwardly revised its FY24 real GDP growth estimate to 6.2 p...more...

  • Govt to provide up to 8% interest subsidy.. 18 Sep 2023 | 11:43 | Dion Global

    Finance Minister Nirmala Sitharaman announced that the government is introducing the Vishwakarma Yo...more...

  • India's exports decline 7 pc to USD 34.48.. 15 Sep 2023 | 16:54 | Dion Global

    India's exports declined by 6.86 per cent to USD 34.48 billion in August this year as against USD 3...more...

  • Fitch retains India's growth forecast for.. 14 Sep 2023 | 14:27 | Dion Global

    Fitch Ratings has reaffirmed its growth forecast for India's current fiscal year at 6.3 percent, ci...more...

  • Wholesale inflation remains in negative f.. 14 Sep 2023 | 14:27 | Dion Global

    In August, wholesale price-based inflation continued its negative trend for the fifth consecutive m...more...

  • Govt exempts investment trusts, ETFs from.. 13 Sep 2023 | 18:40 | Dion Global

    The government has exempted units of investment trusts and ETFs issued by entities based in GIFT Ci...more...

  • Cabinet approves scheme for release of gr.. 13 Sep 2023 | 15:48 | Dion Global

    The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the extension of ...more...

  • Cabinet approves signing of an MoU betwee.. 13 Sep 2023 | 15:47 | Dion Global

    The Union Cabinet, chaired by the Hon'ble Prime Minister approves the signing of Memorandum of Unde...more...

  • RBI issues revised norms for classificati.. 13 Sep 2023 | 09:41 | Dion Global

    The RBI on Tuesday issued revised norms for classification, valuation, and operation of investment ...more...

  • Retail inflation in August declines to 6... 13 Sep 2023 | 08:52 | Dion Global

    Retail inflation declined to 6.83 per cent in August after touching a 15-month high of 7.44 per cen...more...

  • India-Saudi Arabia StartUp/Innovation Bri.. 12 Sep 2023 | 15:19 | Dion Global

    On the sidelines of the State Visit of the Crown Prince and Prime Minister of the Kingdom of Saudi ...more...

  • Sarbananda Sonowal to represent India at .. 11 Sep 2023 | 18:01 | Dion Global

    The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal left for Russi...more...

  • Centre sells 1.66 LMT wheat, 0.17 LMT ric.. 11 Sep 2023 | 18:00 | Dion Global

    As a part of Government of India initiative for market intervention to control the retail price of ...more...

  • India, Brazil to work for expansion of PT.. 11 Sep 2023 | 10:25 | Dion Global

    India and Brazil on Sunday agreed to work together for the expansion of India-Mercosur preferential...more...

  • ADB commits concessional loan to India un.. 11 Sep 2023 | 10:23 | Dion Global

    On Sunday, the Asian Development Bank (ADB) reaffirmed its commitment to India by pledging to provi...more...

  • UIDAI comes back to Global Fintech Fest w.. 06 Sep 2023 | 19:08 | Dion Global

    Unique Identity Authority of India (UIDAI) has constantly strived to provide seamless services to l...more...

  • Cabinet okays additional fund requirement.. 06 Sep 2023 | 16:58 | Dion Global

    The Cabinet on Wednesday approved additional allocation of ?1,164.53 crore for an industrial develo...more...

  • India's services sector activity moderate.. 05 Sep 2023 | 14:18 | Dion Global

    India's services sector activity eased in August but growth rates for new orders remain elevated, a...more...

  • RBI allows pre-sanctioned credit lines th.. 05 Sep 2023 | 09:40 | Dion Global

    The Reserve Bank on Monday said the UPI System will also include pre-sanctioned credit lines issued...more...

  • BSE-listed firms' market valuation hits a.. 04 Sep 2023 | 19:37 | Dion Global

    The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Mond...more...

  • GST collection rises 11% to Rs 1.59 lakh .. 04 Sep 2023 | 10:36 | Dion Global

    In August, GST collections witnessed an 11% growth, totaling over Rs 1.59 lakh crore, attributed to...more...

  • Manufacturing activities in India gain mo.. 01 Sep 2023 | 14:25 | Dion Global

    In August, manufacturing activities in India gained momentum, with new orders and output increasing...more...

  • Credit growth to industry decelerates to .. 01 Sep 2023 | 09:50 | Dion Global

    Growth in bank credit to industry slowed down to 5.2 per cent annually in July 2023 while lending t...more...

  • Fiscal deficit touches 33.9% of full-year.. 31 Aug 2023 | 18:56 | Dion Global

    The Centre's fiscal deficit in the first four months of 2023-24 touched 33.9 per cent of the full-y...more...

  • GDP grows at 7.8% in Apr-Jun, India remai.. 31 Aug 2023 | 18:55 | Dion Global

    India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and rem...more...

  • FM asks RRBs to remove duplication of PMJ.. 31 Aug 2023 | 10:20 | Dion Global

    Finance Minister Nirmala Sitharaman addressed the heads of Regional Rural Banks (RRBs) and urged th...more...

  • India and New Zealand sign MoU to boost c.. 30 Aug 2023 | 10:23 | Dion Global

    The Government of India and the Government of New Zealand have signed a Memorandum of Understanding...more...

  • RBI governor-headed FSDC-SC resolves to r.. 29 Aug 2023 | 10:22 | Dion Global

    The Sub-Committee of the Financial Stability and Development Council (FSDC-SC), led by RBI Governor...more...

  • FDI equity inflows dip 34% to USD 10.94 b.. 28 Aug 2023 | 09:42 | Dion Global

    In the first quarter of the current fiscal year, foreign direct investment (FDI) received by India ...more...

  • India's forex reserves drop USD 7.27 bn t.. 25 Aug 2023 | 20:01 | Dion Global

    India's forex reserves dropped by USD 7.273 billion to USD 594.888 billion for the week ended Augus...more...

  • DAC approves proposals worth Rs 7,800 cr .. 25 Aug 2023 | 12:37 | Dion Global

    A Defence Acquisition Council (DAC) meeting, held under the chairmanship of Raksha Mantri Shri Rajn...more...

  • FPIs' investment value in Indian equities.. 21 Aug 2023 | 18:35 | Dion Global

    The value of foreign portfolio investors' holdings in the domestic equities reached USD 626 billion...more...

  • EPFO adds 17.89 lakh net members during t.. 21 Aug 2023 | 14:06 | Dion Global

    EPFO’s provisional payroll data released on 20th August, 2023 highlights that EPFO has added ...more...

  • Give fixed rate option on EMI-based loans.. 18 Aug 2023 | 17:04 | Dion Global

    The Reserve Bank of India (RBI) has issued a directive to banks, instructing them to allow individu...more...

  • RBI bars banks from levying penal interes.. 18 Aug 2023 | 17:04 | Dion Global

    Concerned over the practice of banks and Non-Banking Financial Companies (NBFCs) using penal intere...more...

  • Cabinet okays signing of MoU between Indi.. 16 Aug 2023 | 21:01 | Dion Global

    The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, was apprised of a Memorandum o...more...

  • Cabinet okays Mutual Recognition Arrangem.. 16 Aug 2023 | 20:57 | Dion Global

    The Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the signing and ratifica...more...

  • Cabinet approves extension of Digital Ind.. 16 Aug 2023 | 20:54 | Dion Global

    Cabinet on Wednesday approved extension of Digital India project with an outlay of Rs14,903 crore, ...more...

  • Govt to open 25000 Jan Aushadhi Kendras t.. 16 Aug 2023 | 13:45 | Dion Global

    Prime Minister Shri Narendra Modi during his Independence Day speech at Red Fort said that the gove...more...

  • Prime Minister says India’s exports.. 16 Aug 2023 | 13:44 | Dion Global

    The Prime Minister, Shri Narendra Modi, speaking from the ramparts of the Red Fort on the occasion ...more...

  • Retail inflation rises to 15-month high o.. 14 Aug 2023 | 19:08 | Dion Global

    Retail inflation jumped to a 15-month high of 7.44 per cent in July as prices of vegetables and oth...more...

  • Exports dip 16 % to USD 32.25 billion in .. 14 Aug 2023 | 16:18 | Dion Global

    India's exports contracted by 15.88 per cent to USD 32.25 billion in July this year from USD 38.34 ...more...

  • Direct tax collections rise 16 % to Rs 6... 11 Aug 2023 | 18:43 | Dion Global

    Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current...more...

  • EPFO invested Rs 13,017 crore in ETFs dur.. 10 Aug 2023 | 19:23 | Dion Global

    Retirement fund body EPFO has invested Rs 13,017 crore in exchange traded funds (ETFs) in the April...more...

  • RBI maintains pause for 3rd time in a row.. 10 Aug 2023 | 10:50 | Dion Global

    The Reserve Bank of India (RBI)today announced its decision to maintain the policy rate, marking t...more...

  • Govt has started trade with neighbouring .. 09 Aug 2023 | 15:20 | Dion Global

    The government has started trade in the rupee with neighbouring countries, including Nepal and Bhut...more...

  • Govt lost Rs 1 lakh cr in taxes in FY'21 .. 09 Aug 2023 | 12:24 | Dion Global

    The reduction in corporate taxes led to a government revenue loss of just over Rs 1 lakh crore duri...more...

  • India-Vietnam agree to explore direct shi.. 09 Aug 2023 | 10:18 | Dion Global

    The 5th meeting of the India-Vietnam Joint Trade Sub-Commission (JTSC) took place in New Delhi toda...more...

  • RBI's rate-setting panel starts 3-day del.. 08 Aug 2023 | 16:47 | Dion Global

    RBI Governor Shaktikanta Das led the high-powered Monetary Policy Committee (MPC) in a three-day me...more...

  • Credit card default rises to Rs 4,072 cro.. 08 Aug 2023 | 16:46 | Dion Global

    Credit card defaults increased to Rs 4,072 crore, or 1.94 percent, by the end of March 2023, accord...more...

  • RBI's rate-setting panel starts 3-day del.. 08 Aug 2023 | 16:43 | Dion Global

    RBI Governor Shaktikanta Das led the high-powered Monetary Policy Committee (MPC) in a three-day me...more...

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