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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

February 2026 20 articles
08 08

India-US trade deal: Will refiners cut back on Russian oil imports and pause new orders? Here's what we know

Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Reliance Industries have reportedly stopped accepting offers from traders for ...

GS2 (International Relations) GS3 (Indian Economy Energy Security) Economics International Relations 5m
08 08

India-US trade deal: Industry awaits clarity on agri products tariff cuts

India and the US announced an interim bilateral trade agreement framework on February 7, 2026, under which the US will reduce reciprocal tariffs on Indian go...

GS2 (International Relations) GS3 (Indian Economy Agriculture) Economics International Relations 5m
07 07

Digital fraud cases: RBI plans compensation up to Rs 25,000 even if victim shares OTP

RBI Governor Sanjay Malhotra, during the Monetary Policy Committee meeting on February 6, 2026, announced a proposed framework to compensate victims of small...

GS Paper III (Indian Economy Cyber Security) Economics Science & Technology 5m
07 07

Vidarbha holds 75% of Maharashtra’s minerals and best iron ore; aim is to produce steel cheaper than China: Union Minister Nitin Gadkari

Union Minister Nitin Gadkari, inaugurating the Advantage Vidarbha 2026 summit in Nagpur, stated that nearly 75% of Maharashtra's mineral reserves are located...

GS Paper I (Geography of Resources) GS Paper III (Indian Economy Industrial Policy) Economics Geography 4m
07 07

India, US reach interim deal: Sensitive sectors safeguarded, Piyush Goyal on farm, dairy producers

Commerce and Industry Minister Piyush Goyal informed the Lok Sabha that India's sensitive sectors including agriculture, dairy, poultry, and key manufacturin...

GS Paper II (International Relations Parliament) GS Paper III (Indian Economy External Trade) Economics International Relations 4m
07 07

“Soybean and cotton farmers interests are protected”- Maharashtra CM Devendra Fadnavis on Indo-US trade deal

Maharashtra Chief Minister Devendra Fadnavis assured farmers that soybean and cotton interests are fully protected under the India-US interim trade deal anno...

GS Paper II (International Relations) GS Paper III (Indian Economy Agriculture) Economics International Relations 4m
07 07

Tariff cuts on soybean oil, fruits, and wine: What interim agreement on India-US trade entails

Under the India-US interim bilateral trade framework announced on 7 February 2026, India agreed to reduce or eliminate import duties on several US agricultur...

GS Paper II (International Relations) GS Paper III (Indian Economy External Trade) Economics International Relations 4m
07 07

What India has really given on agriculture in India-US trade deal

India and the United States announced an interim bilateral trade agreement (BTA) framework on 7 February 2026, the most significant reset in bilateral trade ...

GS Paper II (International Relations) GS Paper III (Indian Economy Agriculture) Economics International Relations 4m
07 07

India’s GPU capacity may triple to 100,000 by 2026-end: IndiaAI Mission CEO

IndiaAI Mission CEO Abhishek Singh announced that India's GPU (Graphics Processing Unit) capacity is expected to triple from the current approximately 38,000...

GS3 (Science & Technology Economic Development) Science & Technology Economics 5m
07 07

‘Metro Man’ Sreedharan: ‘Centre is silent on Kerala high speed rail as LDF govt has done RRTS stunt’

E. Sreedharan, known as "Metro Man," accused the Kerala LDF government of proposing a Regional Rapid Transit System (RRTS) as a deliberate ploy to derail his...

GS Paper II (Centre-State Relations) GS Paper III (Infrastructure) Economics Polity & Governance 4m
07 07

What is Bihar’s Gender Budget, and why did Nitish government spend Rs 2.5 lakh crore in 5 years?

Bihar has spent Rs 2.5 lakh crore, or approximately 20% of its total budget, on women-centric schemes over the last five financial years through its Gender B...

GS Paper 1 (Social Issues) GS Paper 2 (Governance Welfare Schemes) GS Paper 3 (Indian Economy) Social Issues Economics Polity & Governance 4m
07 07

India-US trade deal: 25 per cent penalty is off, monitoring of Russian oil imports in

The US removed the 25% additional tariff that had been imposed on India in August 2025 specifically as a penalty for India's continued purchase of Russian cr...

GS Paper II GS Paper III Economics International Relations 4m
07 07

On agriculture, look for low-hanging fruit, move carefully

The Union Budget 2026-27 prioritized high-value crops such as coconut, cocoa, and cashew, allocating Rs 350 crore to boost farmer incomes through crop divers...

GS Paper III (Agriculture Indian Economy) Economics 4m
07 07

Anthropic has sent a message to Bengaluru

US-based AI company Anthropic (maker of Claude AI) is opening its first India office in Bengaluru in early 2026, its second office in the Asia-Pacific region...

GS3 (Science & Technology Industrial Policy) Science & Technology Economics 4m
07 07

Why SC sent back Flipkart’s alleged market dominance case to the NCLAT

The Supreme Court set aside a 2020 NCLAT order that had directed the Competition Commission of India (CCI) to investigate Flipkart for alleged abuse of domin...

GS2 (Judiciary Statutory Bodies) GS3 (Competition Policy) Polity & Governance Economics 4m
07 07

How India-US trade pact can affect GPU access, data centre investment opportunities

The India-US interim trade framework includes a provision to "significantly increase trade in technology products, including GPUs and other goods used in dat...

GS Paper II (International Relations) GS Paper III (Indian Economy Science & Technology) Economics Science & Technology International Relations 6m
07 07

Trump order announces rollback of 25% additional tariffs: What it says India has ‘committed to’

President Trump signed an Executive Order on 6 February 2026 suspending Executive Order 14329, which had imposed an additional 25% tariff on all Indian impor...

GS Paper II GS Paper III Economics International Relations 4m
07 07

Trump effect: Harley-Davidson could make a comeback in India after US deal

The India-US interim trade framework announced on 7 February 2026 grants zero-duty access for US motorcycles in the 800cc to 1,600cc segment and above, direc...

GS Paper II (International Relations) GS Paper III (Indian Economy Industrial Policy) Economics International Relations 4m
07 07

Bharat Petroleum in talks with Azerbaijan’s SOCAR for LPG procurement, also looks at U.S.

Bharat Petroleum Corporation Limited (BPCL) is in talks with the State Oil Company of Azerbaijan Republic (SOCAR) for LPG procurement, confirmed by T.V. Pand...

GS Paper II (International Relations) GS Paper III (Indian Economy Energy Security) Economics International Relations 4m
07 07

Trade deal opens the U.S. textile market of $118 billion to India

The India-US interim trade framework opens access to the $118 billion US textile and apparel import market for Indian exporters by reducing reciprocal tariff...

GS Paper II GS Paper III Economics International Relations 4m
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