The RBI has invited comments from stakeholders on the draft circular by May 31. The Reserve…
Economy
On the fall in household savings
The fall in household savings has been at the heart of recent debates in India. The…
CBDT signs record number of 125 advance pricing agreements in FY2023-24, ET Government
The APA programme has contributed significantly to the Government of India’s mission of promoting ease of…
U.S. consumers on lower incomes face loan stress while banks pull back
U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according…
IMF ED KV Subramaniam, ET Government
Krishnamurthy V. Subramaniam, IMF Executive Director Krishnamurthy V Subramaniam, the Executive Director of the International Monetary…
China’s Q1 fiscal revenue falls as tax cut policies weigh
The world’s second-biggest economy grew faster than expected in the first quarter. File | Photo Credit:…
With digital push, semicon focus India set to achieve 8-8.3% growth in current fiscal: PHDCCI, ET Government
India’s economy will attain the size of USD 34.7 trillion by 2047 with a per capita…
Pakistan hopes to get new IMF loan by early July: Finance Minister
File picture of Pakistan Finance Minister Muhammad Aurangzeb | Photo Credit: Reuters Pakistan is hoping to…
India’s power consumption rises nearly 10% to 70.66 billion units in first half of April, ET Government
Power consumption growth in double digits shows improvement in economic activities and change in consumption patterns.…
Congress says will move Supreme Court if EC does not act on complaint against Modi
A file photo of senior Congress leader Jairam Ramesh. | Photo Credit: Shiv Kumar Pushpakar The…