Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Prioritise energy security for keeping growth momentum going: RBI MPC member
Nagesh Kumar, an external member of the Reserve Bank of India's Monetary Policy Committee (MPC) and director of the Institute for Studies in Industrial Devel...
Centre okays sunflower seed procurement in Karnataka, extends purchase window for gram in Maharashtra
The Union Ministry of Agriculture and Farmers' Welfare approved the procurement of sunflower seed under the Price Support Scheme (PSS) in Karnataka for the R...
PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sector
The Economic Advisory Council to the Prime Minister (EAC-PM) has flagged a major demand surge for professional caregivers in India, projecting the requiremen...
DPIIT issues updated SOP for processing FDI applications
The Department for Promotion of Industry and Internal Trade (DPIIT) issued a revised Standard Operating Procedure (SOP) dated 4 May 2026 for processing Forei...
India’s war chest has better ammo than its peers. Moody’s approves
A Moody's Ratings analysis concluded that India's policy buffers — monetary, fiscal, and external — are better stocked than those of comparable emerging mark...
India could consider tweaking inflation target if growth stays robust, global shocks persist: RBI DG
The Reserve Bank of India's Deputy Governor Poonam Gupta has stated that the current inflation target of 4% — with a tolerance band of 2%–6% — remains approp...
Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nations
The Union Cabinet approved amendments to India's FDI framework governing investments from countries sharing a land border — including China, Pakistan, Bangla...
Why LNG supply disruption due to West Asia war has pushed India to consider raising storage capacity
The West Asia conflict, specifically the Iranian attack on Qatar's Ras Laffan LNG facility in early March 2026, forced QatarEnergy to declare force majeure o...
Trump launches ‘Project Freedom’ to open Strait of Hormuz, Iran strikes ships, UAE port
The United States launched "Project Freedom," a military-escorted convoy operation deploying guided-missile destroyers, over 100 aircraft, unmanned platforms...
India’s fertilizer subsidy reaches ₹2.17 trillion in FY26 due to West Asia war, may rise by a fifth in FY27
India's fertilizer subsidy for FY26 reached approximately ₹2.17 trillion, already exceeding the revised budgetary estimate before the West Asia conflict full...
India begins wheat exports after four-year hiatus on bumper crop
Indian traders began exporting wheat in 2026 for the first time in four years, after a bumper harvest made domestic surpluses available for export. India is ...
India, Canada begin second round of free trade talks in New Delhi; eye $50 billion trade by 2030
India and Canada commenced the second round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in New Delhi on May 4, 2026, five days ...
Traders begin wheat exports after four-year hiatus on bumper crop
India has resumed wheat exports after a four-year hiatus, with consumer goods conglomerate ITC beginning to load 22,000 metric tonnes of wheat at the Kandla ...
Oil prices subdued after Trump says US plans to help stranded ships cross Strait of Hormuz
Global oil prices remained elevated near $108 per barrel after the US announced "Project Freedom" — a naval operation to guide stranded commercial vessels th...
Centre plans 3.25 mn ha shift to chemical-free farming by FY31
The department of expenditure, in coordination with the agriculture ministry, is drafting a proposal to expand chemical-free farming to 3.25 million hectares...
Indore to host meeting of BRICS agriculture ministers in June
Indore, Madhya Pradesh, will host meetings of the BRICS Agriculture Working Group (AWG) from June 9–11, 2026, followed by the ministerial-level BRICS Agricul...
ADB should step up capital expansion measures, adopt 'more transformational approach': MoS Finance
At the 59th ADB Annual Meeting held in Samarkand, Uzbekistan, India's Minister of State for Finance called for the Asian Development Bank to accelerate capit...
India must map, monitor economic vulnerabilities in energy, food, other areas: EAC-PM chairman
The chairperson of the Economic Advisory Council to the Prime Minister (EAC-PM) has called for India to systematically map and monitor its economic vulnerabi...
India resumes wheat exports after four years but high prices likely to limit demand
India has resumed wheat exports for the first time in four years, with ITC loading 22,000 metric tonnes at Kandla port for shipment to the UAE — the first co...
Rs 51,000 crore worth of materials in India’s e-waste, most slips through the system
India generated 6.2 million tonnes of e-waste in FY2024, but only 10% entered formal recycling channels, leaving the vast majority of the Rs 51,000 crore ($6...