Economy

India’s share of crude oil imports has undergone a significant change, primarily because of the Russia-Ukraine war. The country’s crude import bill decreased significantly to $87.1 billion in the April.

According to a finance ministry notification, the exemption of zero import duty on masur as well as agri-infra cess of 10 per cent has been extended till March 2025. The.

The monetary policy committee (MPC) of the Reserve Bank of India (RBI), announced its last monetary policy resolution (MPR) of the calendar year 2023 on December 08, 2023 and resorted.

The size of the Indian economy is expected to surpass $4 trillion by 2024-25, $5 trillion by 2026-27, and $7 trillion in 2030, said Dr SP Sharma, Chief Economist, PHD.

The IMF, following the Article IV consultation with the Indian authorities, reclassified the status of the exchange rate regime to “stabilised arrangement” from “floating” for period between December 2022 to.

Market participants did not get much detail about the timing and the scale of OMO sales in the latest monetary policy statement, as the governor merely said the RBI will.

Indian economy recorded a growth of 7.8 per cent in the first quarter (April-June 2023-24) and 7.6 per cent in the second quarter (July-September 2023-24). Industry expects the economy to.

The Diwali month ended with a dhamaka as India’s GDP data for the July-September quarter surpassed the market expectation ceiling and recorded growth of 7.6 per cent YoY. – By.

The Budget presentation starts with a speech by the finance minister which is the most essential element of the Budget documents, despite the fact that it is only a minor.

India-OMAN CEPA: Gateway to Middle Eastern Markets and Beyond – report, prepared by think tank Global trade Reproach Initiative (GTRI). Indian goods worth USD 3.7 billion such as gasoline, iron.