Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Karnataka set to approach SC to implement MGNREGA for this year
The Karnataka government announced its decision to approach the Supreme Court seeking permission to continue implementing MGNREGA for the current financial y...
PM Employment Generation Programme generates 36.33 lakh jobs, helps set up over 4 lakh micro-enterprises in five years
The Prime Minister's Employment Generation Programme (PMEGP) created 36.33 lakh jobs and established 4,03,706 micro-enterprises over the five-year period of ...
Nationwide ban soon on herbicide Paraquat Dichloride over toxicity concerns, health risks
The Central government is preparing to impose a nationwide ban on Paraquat Dichloride, a widely used non-selective contact herbicide, citing documented risks...
Broad-based sector stress drove ECLGS 5.0 rollout, says finance secretary
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) with a guarantee outlay of ₹18,100 crore, designed to unlock additional...
Parliamentary panel to review domestic output of petroleum products on 15 May
India's Parliamentary Standing Committee on Petroleum and Natural Gas is scheduled to review the domestic production and supply of petroleum products, includ...
India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce Ministry
The India-EU Free Trade Agreement, concluded on 27 January 2026 at Hyderabad House in New Delhi after nearly two decades of negotiations, has emerged as a fo...
Karnataka to approach SC seeking permission to continue MGNREGA
The Karnataka Cabinet resolved to petition the Supreme Court for permission to continue implementing MGNREGA within the state after Parliament repealed the l...
Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23
The Ministry of Statistics and Programme Implementation (MoSPI) released uniform guidelines for all states and Union Territories to compile Gross State Domes...
Understanding inequality in India’s growth story
Standard inequality measures — particularly the consumption-based Gini coefficient — show India's inequality declining, with the coefficient falling from 28....
India's total exports hit record $863 billion in FY26, services surge 8.7%
India's combined merchandise and services exports reached an all-time high of $863.11 billion in FY26 (April 2025–March 2026), growing 4.59% over $825.26 bil...
India-ASEAN to update trade pact by year end; UPI, Vietnam’s payment system to be linked, says PM Modi
India and ASEAN agreed to complete the review of the ASEAN–India Trade in Goods Agreement (AITIGA) by the end of 2026, addressing India's long-standing conce...
12 semiconductor plants approved: Where India’s chip manufacturing mission stands, what’s next
The Union Cabinet on May 5, 2026 approved two more semiconductor manufacturing projects — Suchi Semicon (Surat, Gujarat, ~₹868 crore) and Crystal Matrix (Dho...
India's exports hit record $863 bn in 2025-26, driven by services surge
India's total exports (merchandise and services combined) reached an all-time high of USD 863.11 billion in FY 2025-26, up from USD 825.26 billion in FY 2024...
India, Vietnam set $25 billion bilateral trade target by 2030
India and Vietnam set a bilateral trade target of USD 25 billion by 2030, from the current USD 16 billion. IREL (India) Limited and Vietnam's Institute for T...
India ramps up Venezuela oil buys to diversify from Gulf supply, but Russian crude still mainstay
India sharply increased imports of Venezuelan crude in April 2026, with inflows reaching approximately 283 thousand barrels per day (kbd) — a multi-year high...
Trump pauses Hormuz operation; says war will end if Iran agrees to deal
The United States paused "Project Freedom" — a military operation to escort stranded commercial vessels out of the Strait of Hormuz — just one day after the ...
Iran enforces new ‘sovereign’ transit rules in Strait of Hormuz, mandates prior permits for vessels
Iran activated a new "sovereign governance system" for the Strait of Hormuz, requiring all commercial vessels to obtain prior transit permits through the Per...
Iran-Israel war LIVE: Trump threatens Iran with ‘higher level’ bombing if it doesn't reopen Strait of Hormuz
The US-Israel conflict with Iran, which began on 28 February 2026 (Operation Epic Fury), has resulted in the effective closure of the Strait of Hormuz, block...
Govt's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirement
As of April 1, 2026, India's central pool foodgrain stocks reached 604.02 lakh tonnes — approximately three times the mandated buffer norm of 210.40 lakh ton...
How India’s growth story has left its workers behind
Despite India recording among the fastest GDP growth rates globally in recent years, real wages for a large share of the workforce have stagnated or declined...