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Business News > Mint Authors > Rhik Kundu

Rhik Kundu

Senior Assistant Editor

Rhik writes about the Indian economy and its crucial indicators. He is constantly navigating corporates, decoding policies, and dabbling with everything in between.

ARTICLES BY RHIK KUNDU

The Centre has trimmed its fiscal deficit target for FY25 to 4.9% of gross domestic product, significantly lower than the 5.1% target announced during the interim budget in February. (Reuters)

India's Q2 fiscal deficit at 8.1% of FY25 target

3 min read . 07:12 PM IST

During 2023, gold demand in India was at 745.7 tonnes, down 3% year-on-year, according to WGC. (Mint)

Gold demand in India expected to be 750 tonnes in 2024: WGC India CEO Jain

2 min read . 06:29 PM IST

Vietnamese PM Pham Minh Chinh. (AP)

Trade between India and Vietnam can touch $20 billion: PM Chinh

2 min read . 05:16 PM IST

Department of financial services secretary Vivek Joshi. Photo: ANI

Credit guarantee fund for small businesses in next 100 days, says DFS secretary

4 min read . 30 Jul 2024

Union Minister Piyush Goyal said the ministry would consider the EU's suggestion and come up with whatever is good for the Indian industry and for the people. (Photo: PTI)

EU suggests India implement own carbon tax mechanism, says minister Goyal

2 min read . 30 Jul 2024

Union finance minister Nirmala Sitharaman. (REUTERS)

Centre may target fiscal deficit range of 3.7-4.3% post FY26

4 min read . 30 Jul 2024

The Indian government aims to shift a large chunk of the workforce from the informal sector to the formal. (File Photo: HT)

Unemployment rate for persons aged 15 years and above fell to 3.2% in FY23

1 min read . 29 Jul 2024

The domestic industry, particularly those using Chinese plants and equipment have urged the government to ease the FDI regime saying they were facing technical and other challenges due to restrictions on visas for skilled manpower from China.

Centre may prepare a list of sectors for Chinese investments

3 min read . 29 Jul 2024

To avail the funds, states have to implement reforms linked to land records in rural and urban areas, easing of planning rules for industrial lands, and housing, among other conditions. (Pixabay)

Nearly 85% of capex loans to states released in FY24: Finance ministry

2 min read . 26 Jul 2024

Ajay Seth, secretary of the department of economic affairs. (Bloomberg)

‘Taxonomy for climate finance will put Indian standards on a global platform’

4 min read . 26 Jul 2024

A significant portion of the new members, representing about 59% of the additions, were young employees between the ages of 18 and 25.

EPFO's new subscribers increases 5.8% to 9.85 lakh in May

1 min read . 25 Jul 2024

Finance secretary T.V. Somanathan. (Mint)

Centre aims to narrow fiscal deficit target in FY26: Somanathan

4 min read . 24 Jul 2024

Following the announcement of the revised fiscal deficit, government bond yields initially fell but later pared some gains as the reduction in market borrowing was less than anticipated. (AFP)

Budget 2024: Strong revenue growth to help lower FY25 fiscal deficit to 4.9%

3 min read . 24 Jul 2024

A big chunk of these loans, introduced in FY21, has been linked to the economic reforms that the Centre wants states to carry out since FY23. (AFP)

Budget 2024: Allocations for interest-free loans to states hiked to ₹1.5 tn

2 min read . 23 Jul 2024

Budget 2024: The government has lowered the FY25 fiscal deficit target to 4.9 per cent. Photo: Aniruddha Chowdhury/Mint

Budget 2024: Govt lowers fiscal deficit target to 4.9% of GDP for FY25

2 min read . 23 Jul 2024

Chief Economic Adviser V. Anantha Nageswaran said India is the fifth largest economy in the world and is on course to become the third largest in a few years. (Photo: Reuters)

Economic Survey: 5 key areas to focus on for India’s path to Viksit Bharat 2047

2 min read . 22 Jul 2024

Targets and allocations made in February's interim budget are unlikely to change much in most sectors. (AFP)

Upcoming budget to continue on the fiscal journey set by interim budget

3 min read . 22 Jul 2024

Imports from Peru consist of gold, iron steel, cocoa products, silver, aluminium products and residual chemical products, while exports include motor vehicles, cotton, drugs and pharmaceutical products, two-wheelers, copper, etc.

India-Peru to meet in Sept for FTA negotiations; Aim to ink deal by early 2025

2 min read . 19 Jul 2024

India's key trading partners in Asia include the ASEAN, Japan and South Korea.

India pitches for significant duty reduction on exports to South Korea

3 min read . 18 Jul 2024

The share of electronics goods in India’s export basket rose from 2.13% in FY18 to 6.72% in FY24. (Photo: Reuters)

Beyond jewellery and textiles: India’s export basket undergoes a cultural shift

4 min read . 18 Jul 2024