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

Steepest-Ever 14% Jet Fuel Price Hike, Commercial Cooking Gas Price Cut

Press Trust of India | Saturday September 02, 2023, New Delhi

Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent - the third straight increase, while the commercial cooking gas rate was cut by Rs 157.5 per cylinder in line with divergent trends in international benchmarks.

GST Collection Surges 11% To Rs 1.59 Lakh Crore In August

Press Trust of India | Saturday September 02, 2023, New Delhi

GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming festive season.

Centre Launches GST Reward Scheme In 6 States And Union Territories

Press Trust of India | Friday September 01, 2023, Gurugram

The average GST collection every month this fiscal has been Rs 1.60 lakh crore.

Global Agency Moody's Raises India's Growth Forecast To 6.7% For 2023

Press Trust of India | Friday September 01, 2023, New Delhi

Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum.

Chief Economic Adviser's Prediction On India's GDP Growth, Fiscal Deficit

Press Trust of India | Thursday August 31, 2023, New Delhi

Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August.

Indian Economy Grows 7.8% In April-June, Compared To 6.1% In Last Quarter

Reported by Himanshu Shekhar Mishra, Edited by Chandrajit Mitra | Thursday August 31, 2023, New Delhi

The Indian economy grew 7.8 per cent in the April-June quarter, driven by high private consumption and investment, the fastest in a year that saw a sharp rise in inflation.

RBI Authorises Bandhan Bank For Disbursing Civil Pension

Press Trust of India | Tuesday August 29, 2023, New Delhi

Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners.

Government's Top Priority Is To Tame Inflation: Finance Minister Nirmala Sitharaman

Press Trust of India | Friday August 25, 2023, New Delhi

Finance Minister Nirmala Sitharaman today said the government's top priority is to tame inflation to ensure sustained economic growth.

CBI Charges Visa Power For Bank Fraud Of Rs 1,964 Crore: Report

Press Trust of India | Thursday August 24, 2023, New Delhi

The CBI has registered an FIR against Visa Power and its then chairman Vishambhar Saran in connection with an alleged bank fraud of Rs 1,964 crore, officials told Press Trust of India on Thursday.

Hindustan Aeronautics Limited Hits All-Time High, Stock Turns Ex-Dividend

Edited by NDTV Business Desk | Thursday August 24, 2023, New Delhi

The board of directors of the company had declared a final dividend of Rs 15 per equity share of Rs 10 each fully paid up (150 percent) for the financial year 2022-23.

Qatar Investment Authority To Invest Rs 8,278 Crore In Reliance Retail

Press Trust of India | Wednesday August 23, 2023, New Delhi

Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL).

India's Growth To Outpace All Other G20 Economies For Next 2 Years: Moody's

Press Trust of India | Friday August 18, 2023, New Delhi

Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels.

Rupee Falls 1 Paisa To Close At All-Time Low Of 83.10 Against US Dollar

Press Trust of India | Friday August 18, 2023, Mumbai

The Rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the US dollar on Friday, weighed down by a negative trend in domestic equities and foreign fund outflows.

Cabinet Approves 7 Multi-Tracking Projects Of Indian Railways

Press Trust of India | Wednesday August 16, 2023, New Delhi

The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects of Indian Railways at an estimated cost of around Rs 32,500 crore, Union minister Ashwini Vaishnaw said.

Cabinet Approves Extension Of Digital India With Outlay Of Rs 14,903 Crore

Press Trust of India | Wednesday August 16, 2023, New Delhi

Cabinet today approved extension of Digital India project with an outlay of Rs 14,903 crore, Union minister Ashwini Vaishnaw said.