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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

February 2026 20 articles
07 07

The India-EU trade deal is also a strategic turning point

India and the European Union concluded negotiations on a historic Free Trade Agreement (FTA) on 27 January 2026, the largest trade deal ever negotiated by ei...

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

Qualcomm announces tape-out stage of 2nm semiconductor design in Bengaluru

Qualcomm announced the completion of tape-out for a 2-nanometre (2nm) semiconductor chip design, with the design work carried out entirely across its Indian ...

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

India-U.S. deal does not include any item that would hurt Indian farmers, says Piyush Goyal

Commerce Minister Piyush Goyal stated that all sensitive agricultural items have been kept out of the India-US interim trade deal, asserting that no item in ...

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

Odisha CM launches ambitious economic regional plan BCPPER

Odisha Chief Minister Mohan Charan Majhi launched the economic development plan for the Bhubaneswar-Cuttack-Puri-Paradip Economic Region (BCPPER), targeting ...

GS Paper II (Governance) GS Paper III (Indian Economy Planning) Economics Polity & Governance 3m
07 07

Global firms are now trusting India for their most advanced semiconductor work: Minister Ashwini Vaishnaw

Union Minister for Electronics and IT Ashwini Vaishnaw stated that global firms now trust India for their most advanced semiconductor work, moving beyond bac...

GS3 (Science & Technology Economic Development) Science & Technology Economics 4m
07 07

India–US trade deal opens zero-duty window for exports worth $44 bn in first phase of pact

Indian exports worth approximately $44 billion will enter the US market with zero reciprocal tariffs under the first phase of the bilateral interim trade agr...

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

India-US trade deal: List of US goods that will attract ‘zero tariffs’ in India after BTA deal with United States

Under the interim trade framework, India agreed to eliminate or reduce tariffs on a wide range of US industrial goods and selected agricultural and food prod...

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

Energy security is supreme priority, says MEA as India seeks to diversify sources amid global shifts

The Ministry of External Affairs (MEA) stated that ensuring energy security for 1.4 billion Indians remains the government's "supreme priority." The MEA emph...

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

I-T dept releases draft rules, forms for new Income Tax Act; seeks public inputs

The Income Tax Department released draft rules and forms for the new Income Tax Act 2025, along with two navigators that map old rules and forms to their new...

GS Paper II (Governance) GS Paper III (Indian Economy) Economics Polity & Governance 3m
07 07

IT department seeks feedback on rules that make filing easier under Income Tax Act, 2025

The Central Board of Direct Taxes (CBDT) released draft Income Tax Rules and Forms under the new Income Tax Act, 2025, seeking public feedback until February...

GS Paper II (Governance) GS Paper III (Indian Economy) Economics Polity & Governance 3m
07 07

India-US trade deal: Positive for seafood, neutral for most farm produce, small concern over corn and soya

The India-US interim trade framework reduces reciprocal tariffs on Indian goods entering the US from 50% to 18%, significantly benefiting India's seafood sec...

GS Paper II GS Paper III Economics International Relations 4m
06 06

RBI keeps repo rate unchanged at 5.25%, maintains neutral stance

The RBI retained the policy repo rate at 5.25% and maintained a "neutral" stance at its February 2026 MPC meeting, the first monetary policy meeting of calen...

GS Paper 3 Economics 4m
06 06

RBI moves to shield customers from small fraud, caps compensation at Rs 25,000

The RBI released draft directions proposing that victims of small-value digital banking fraud receive compensation of up to ₹25,000, or 85% of the fraudulent...

GS Paper 3 (Indian Economy Banking Digital Payments) Economics 4m
06 06

RBI doubles collateral-free loans to MSMEs to Rs 20 lakh

The Reserve Bank of India announced that the collateral-free loan limit for micro and small enterprises (MSEs) will be doubled from Rs. 10 lakh to Rs. 20 lak...

GS3 (Indian Economy MSMEs Banking and Financial Inclusion) Economics 4m
06 06

Monetary Policy Meet: Repo rate steady at 5.25%; FY26 GDP, inflation projections raised

The RBI's Monetary Policy Committee (MPC) concluded its February 2026 bi-monthly meeting by keeping the repo rate steady at 5.25% with a unanimous vote. The ...

GS Paper 3 Economics 4m
06 06

RBI Monetary Policy Meet 2026 LIVE: Fraud-hit customers will be compensated up to Rs 25,000, or 85% of amount

The Reserve Bank of India's Monetary Policy Committee (MPC), meeting from February 4–6, 2026, unanimously voted to keep the policy repo rate unchanged at 5.2...

GS Paper 3 (Indian Economy Monetary Policy Banking) Economics 4m
06 06

J-K has tapped less than a quarter of its hydropower potential: Economic Survey

According to the Economic Survey 2025-26, Jammu and Kashmir has harnessed only 3,540 MW — approximately 24% — of its identified hydropower potential of 14,86...

GS Paper 1 (Geography) GS Paper 3 (Energy Infrastructure) Economics Geography 4m
06 06

Oil and beyond: With Russia, India has to balance old ties, new realities

Despite sustained US pressure and tariff threats, India has continued purchasing Russian crude oil in 2026, with Russia remaining India's single largest crud...

GS Paper 2 (India's Foreign Policy Bilateral Relations) International Relations Economics 4m
06 06

RBI holds interest rates steady: What drove the decision?

The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously voted to keep the policy repo rate unchanged at 5.25% during its February 4–6, 2026 m...

GS Paper 3 Economics 4m
06 06

Trump says India will stop buying Russian oil. That is easier said than done

US President Donald Trump publicly claimed India had agreed to stop purchasing Russian crude oil and would shift to Venezuelan and American supplies instead,...

GS Paper 2 (India's Foreign Policy) GS Paper 3 (Energy Security) International Relations Economics 4m
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