ECONOMIC ASSESSMENT IN INDIA

The new RBI governor must balance economic growth and inflation control while addressing climate risks. This involves integrating climate considerations into financial policies, promoting green finance, and ensuring financial system stability. The R...

A new survey reveals that 59% of Indian companies faced economic fraud in the last two years, a significant increase from previous years. Procurement fraud has overtaken customer fraud as the primary concern, while globally, cybercrime remains the t...

NITI Aayog will research business costs in India. The study will compare India with competing nations. The aim is to boost India's attractiveness for investment. Researchers will analyze labor, land, and regulatory costs. The study will cover key se...

The Development Monitoring and Evaluation Office, under the NITI Aayog, has invited bids from consultancy firms to support in the evaluation of the scheme which entails an annual expenditure of over Rs 70,000 crore. The move is aimed at rationalizin...

Advance tax collections for Q3 surged 16.8% to ?3.14 lakh cr, signaling a potential economic rebound after a recent slowdown. Total collections for the fiscal year reached ?7.5 lakh cr, a 20.19% increase. Economists suggest this growth indicates a r...

A new report reveals 51 Indian districts face "Very High" flood risk and 91 face "Very High" drought risk. Alarmingly, 11 districts are highly vulnerable to both. The report, a collaboration between IITs and CSTEP, urges targeted adaptation strategi...

The big picture is of resilience, and India's on the right track, underpinned by financial and macroeconomic stability, said the elite panel of the ET CEO Roundtable, while not glossing over growth and job creation concerns. To unleash the animal sp...

India's IT ministry is developing a system to evaluate the safety and trustworthiness of AI solutions. Prioritizing innovation, the ministry aims to avoid stifling regulations, instead focusing on assessment. While acknowledging concerns about job d...

FICCI President Harsha Vardhan Agarwal anticipates 6.5-7% GDP growth for the current financial year, despite Q2's 5.4% being a "temporary phenomenon." He expects private investment to rise with increased capacity utilization and sees fewer challenge...

The Confederation of Indian Industry (CII) has advised the Indian government against setting overly ambitious fiscal deficit targets for the upcoming financial year, warning that it could hinder economic growth. The CII recommends maintaining a 4.9%...

The Confederation of Indian Industry (CII) advises the Indian government to maintain a fiscal deficit target of 4.9% of GDP for 2024-25 and 4.5% for 2025-26. They cautioned against overly ambitious targets, emphasizing the importance of fiscal prude...

The Indian government has no plans for a law mandating post-enactment impact assessments of parliamentary acts. Individual ministries are currently responsible for studying the effects of enacted laws. The Law Commission is reviewing existing laws, ...

India is developing a central database for state-run welfare schemes and beneficiary data. This initiative aims to enhance data quality and accessibility, enabling better assessment and targeting of programs. The Ministry of Statistics is collaborat...

The Q2 GDP estimates show a significant slowdown in India's economy with a growth rate of 5.4%, far below the expected 7%. Sectors like manufacturing and mining faced severe drops. The Monetary Policy Committee faces a dilemma as inflation rises to ...

Lenovo India's sales and profits dropped for the second year in a row. The Indian computer market has slowed down after the pandemic. The company's total income decreased by 14%. However, Lenovo India saw a small increase in profits due to cost-cutt...

Donald Trump's economic policies may bring opportunities and challenges for India. India could benefit from US investments shifting away from China. However, trade tariffs and stricter immigration policies under Trump's leadership could negatively i...

India is gearing up to collect economic data at the district level, aiming to release gross district development figures by January 2026. This initiative, endorsed by all states, will encompass data on household consumption, employment, inflation, a...

The Reserve Bank of India has voiced concerns about small finance banks' over-reliance on high-cost term deposits and potential defaults due to inadequate credit underwriting. RBI also highlighted cyber threats, poor customer service, and high charg...

The 2023 ODI World Cup in India generated an economic impact of USD 1.39 billion, benefiting tourism significantly. The event saw a record-breaking attendance of 1.25 million spectators and created over 48,000 jobs. International visitors contribute...