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India cuts Nov. gold imports by record $5 billion

After miscalculation, India cuts April-November gold import estimate by $11.7 billion

India sharply lowered its April-November 2024 gold import estimate by $11.7 billion on Thursday after precious metal trade figures were miscalculated due to some double counting. The government revised its gold import estimate to $37.

Bloomberg L.P. · 1d

India Fixing Record Trade Deficit After Overstating Gold Imports

India’s government is still finalizing revisions to gold import figures and trade data after discovering discrepancies in their calculation last month, according to people familiar with the matter.

India Blooms on MSN · 1d

India revises November gold import data, uncovering $5 billion error

India's gold import figures for November have been revised sharply downward to $9.8 billion, significantly lower than the previously announced $14.8 billion, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS) released on Wednesday.

Reuters on MSN · 1d

India cuts November gold imports by record $5 billion

India has cut its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record,

Indian Economy To Expand 6.4% In FY25, Weakest In 4 Years

Reuters · 2d

India forecasts 2024/25 economic growth of 6.4%, slowest in four years

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of government's initial projection, dragged by a weaker manufacturing sector and slower corporate investments.

Bloomberg L.P. · 2d

India’s Economy Set for Weakest Growth Since the Pandemic

India’s government lowered its economic growth projection for the fiscal year to the weakest since the pandemic, with economists saying even that forecast may be too optimistic.

Business Insider · 1d

Indian Economy To Expand 6.4% In FY25, Weakest In 4 Years: Govt Estimate

India's economy is set to grow at the slowest pace in 4 years in the fiscal year 2024-25, initial estimates from the government

India, Taliban and Afghanistan

Voice of America · 20h

India boosts diplomatic contacts with Afghanistan's Taliban

India pledges development projects in Afghanistan, which has endured years of devastating war and natural disasters.

U.S. News & World Report · 10h

Taliban Say India Is a 'Significant Regional Partner' After Meeting

The Taliban's foreign office said they saw India as a "significant regional and economic partner" after meeting with its most senior foreign ministry official, the highest level talks with Delhi since their takeover of Afghanistan in 2021.

Press Trust of India on MSN · 2h

Want to strengthen political, economic relations with India: Afghanistan

The Taliban regime in Afghanistan has described India as an "important" regional and economic power following talks between Foreign Secretary Vikram Misri and acting Afghan foreign minister Amir Khan

India's Modi looks to new economic playbook as risks mount

After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening ...

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Budget 2025: Simplified GST, lower direct tax rates are key to reversing economic slowdown, say experts

Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over ...

The Financial Express5h

India’s top 10 richest people as of January 2025

India is making a significant impact globally, with the country’s entrepreneurs contributing to its economic growth, leading ...

India to Simplify Decades-Old Income Tax Filing Rules in Budget

India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...

13don MSN

Manmohan Singh, Architect of Modern India’s Economic Reforms and Former Prime Minister, Dies at 92

Manmohan Singh, former Indian Prime Minister and a pivotal figure in the country’s economic transformation, died in New Delhi ...

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Tourism a catalyst for India’s economic future, but key hurdles remain

Tourism is poised to become the next big driver of India’s economic growth. It already contributes significantly to India's ...

Analysis-India's Modi looks to new economic playbook as risks mount

After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening ...

ジャパンタイムズ1d

India looks to new economic playbook as risks mount

Disappointing economic indicators and a slowdown in corporate earnings in the second half of 2024 have forced investors to ...

6hon MSN

Budget 2025: A look at how India’s inflation panned out within a year before FM Sitharaman’s key announcements

Finance Minister Nirmala Sitharaman's 2025 Budget will focus on managing inflation, a key concern for policymakers. Despite ...

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