Indian Economy News, Trade News, Government Policy and Economic Indicators

GDP Grew By 7.6% In Q2 Compared To 7.8% In Q1

Press Trust of India | Thursday November 30, 2023, New Delhi

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday.

Nandan Nilekani, Nikhil Kamath On Forbes Asia Heroes Of Philanthropy List

Press Trust of India | Thursday November 30, 2023, New Delhi

Nandan Nilekani, co-founder of Infosys, KP Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia's Heroes of Philanthropy list released today.

DND App To Be Compatible With All Android Phones By March: Telecom Body

Press Trust of India | Tuesday November 21, 2023, New Delhi

The Telecom Regulatory Authority of India (Trai) is fixing bugs in its do not disturb app, which helps mobile subscribers report pesky calls and text messages immediately, a senior official of the regulatory body said today.

Domestic Air Traffic Touches Record High For 3rd Consecutive Day

Press Trust of India | Tuesday November 21, 2023, New Delhi

For the third straight day, the country's domestic air traffic touched a new peak on Monday as airlines carried 4,59,526 passengers.

Adani To Bid For Duty-Free Shops At Macau Airport

Press Trust of India | Tuesday November 21, 2023, New Delhi

The Adani group plans to bid for setting up duty-free shops at the Macau international airport, as India's largest airport operator spreads its wings overseas.

"Not Out Of The Woods Yet": RBI On Inflation

Reuters | Friday November 17, 2023, Mumbai

India is not home-free with regards to the pressures of high prices but the moderation in retail inflation over the last two months is a relief, the Reserve Bank of India (RBI) said in its November bulletin published on Thursday.

India's Exports Rise 6.21% To $33.57 Billion In October

Press Trust of India | Wednesday November 15, 2023, New Delhi

India's exports rose by 6.21 per cent to USD 33.57 billion in October this year, as against USD 31.6 billion a year-ago, government data showed on Wednesday.

Still Have Rs 2,000 Notes After Last Date? 2 Steps To Get Money In The Bank

Press Trust of India | Thursday November 02, 2023, New Delhi

People can send their Rs 2,000 banknotes to specified regional offices of the Reserve Bank through the insured post for credit directly in their bank accounts.

RWAs Liable To Pay GST For Over-Charging Electricity Tariff From Flat Owners

Press Trust of India | Wednesday November 01, 2023, New Delhi

Real estate developers and RWAs will be liable to pay 18 per cent GST on electricity bills if they charge from flat owners more than the power tariff prescribed by Discoms.

GST Collections Rise 13% To Rs 1.72 Lakh Crore In Oct, 2nd Highest-Ever

Press Trust of India | Wednesday November 01, 2023, New Delhi

GST collections increased 13 per cent to Rs 1.72 lakh crore in October, the second highest-ever, helped by momentum in the economy, efforts of taxmen in checking evasion and festive demand.

Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half

Press Trust of India | Tuesday October 31, 2023, New Delhi

The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.

PNB Net Profit Zooms 327% To Rs 1,756 Crore, Highest In 14 Quarters

Press Trust of India | Thursday October 26, 2023, New Delhi

Public sector lender Punjab National Bank (PNB) today reported a 327 per cent jump in net profit to Rs 1,756.13 crore in the September quarter - the highest in the previous 14 quarters - on the back of higher interest income and improved credit quality.