India’s external debt was placed at US$ 663.8 billion at end-March 2024, an increase of US$ 39.7 billion over its level at end-March 2023

India’s external debt was placed at US$ 663.8 billion at end-March 2024, an increase of US$ 39.7 billion over its level at end-March 2023

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Recent Economic Developments-June 2024

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New Telecommunications Act, 2023, comes into force; repealing the Indian Telegraph Act, 1885 and Indian Wireless Telegraph Act, 1933

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India’s current account surplus stands at US$ 5.7 billion (0.6% of GDP) in Q4 2023-24

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Recommendations of 53rd GST Council Meeting

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Second meeting of India-Cambodia Joint Working Group on Trade & Investment held in New Delhi

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Recent Cabinet Approvals- June 2024

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For the first time, India’s 9 major Ports make it to the Global Top 100 by World Bank

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Gross Direct Tax collections registers a growth of 22.19% for the FY 2024-25

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Federal Reserve maintains a status quo of the federal funds rate at 5.25%-5.5% amidst expanding economic activity and easing but elevated inflation

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