Economics
Trade, fiscal policy, banking, agriculture and economic indicators
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwinds
RBI Governor Sanjay Malhotra, in a keynote address at the 25th FIMMDA-PDAI Annual Conference held in Amsterdam, called for the deepening of India's financial...
France seeks enforceable rules in India-EU FTA talks
During the India-EU Free Trade Agreement (FTA) negotiations, France has pushed for enforceable rules on labour standards and sustainable development as bindi...
Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules
The Finance Ministry published the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026 in the Gazette of India on May 2, 2026, ...
Govt eases FDI norms under FEMA for up to 10% Chinese stake
The Department of Economic Affairs (DEA) notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, making them effective immediate...
DEA notifies FDI easing for foreign cos with up to 10 pc Chinese stake under FEMA
The Department of Economic Affairs (DEA), Ministry of Finance, notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, formally ...
India and Ecuador exploring preferential trade deal to boost economic ties
India and Ecuador held high-level discussions in late April 2026, resulting in a roadmap for a Preferential Trade Agreement (PTA) to boost bilateral trade, c...
Shri Rohit Jain appointed as Deputy Governor, Reserve Bank of India
The Government of India appointed Rohit Jain as Deputy Governor of the Reserve Bank of India (RBI), effective May 3, 2026, for a tenure of three years. Rohit...
India’s green energy sector may be hit by power regulator’s stricter performance standards
The Central Electricity Regulatory Commission (CERC) has issued new orders tightening deviation settlement mechanism (DSM) norms for wind and solar power gen...
Staff crunch, infrastructure hit NCLT operations, must be addressed: Supreme Court
The Supreme Court of India expressed serious concern about staff shortages and inadequate infrastructure at the National Company Law Tribunal (NCLT), observi...
Updates on Key Sectors in View of Developments in West Asia
The Government coordinated a whole-of-government response to disruptions caused by the West Asia conflict, covering petroleum supply, LPG distribution, marit...
Fiscal stress a reality, focus to stay on capex: Expenditure Secretary
The Expenditure Secretary (Department of Expenditure, Ministry of Finance) publicly acknowledged that "fiscal stress is very much a reality" for the Governme...
Abu Dhabi’s OPEC exit begins its ascent of ‘peak oil’
The United Arab Emirates (UAE) formally exited OPEC on May 1, 2026 — the largest split in the cartel's 66-year history — ending nearly six decades of members...
AERB issues permission for major equipment erection at Kudankulam Nuclear Power Project
The Atomic Energy Regulatory Board (AERB) issued permission for Major Equipment Erection at Units 5 and 6 of the Kudankulam Nuclear Power Project (KKNPP) on ...
India continues to be on US priority watch list on IPR
The United States Trade Representative (USTR) released the 2026 Special 301 Report on April 30, 2026, retaining India on the Priority Watch List for intellec...
For 3rd year in a row, RBI brought more than 100 MT of gold to India in FY26
The Reserve Bank of India (RBI) repatriated 104.23 metric tonnes of gold from overseas vaults — primarily the Bank of England in London — to domestic vaults ...
Gulf within: On the UAE leaving OPEC
The United Arab Emirates (UAE) formally exited the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026, becoming the first Gulf Co...
India-UK trade boost: Goyal, Kyle discuss leveraging free trade pact
Senior trade officials from India and the United Kingdom held discussions on boosting bilateral trade and implementing the recently concluded India-UK Free T...
GST revenue follows annual pattern, hits all-time high of Rs 2.43 lakh crore in April 2026
GST collections in April 2026 reached ₹2,42,702 crore (reported as approximately ₹2.43 lakh crore), an all-time monthly high and 8.7% higher year-on-year — c...
Storage in over 50% of India’s major reservoirs drops below 40% of capacity
Central Water Commission (CWC) data shows storage in over 50% of India's 150+ major reservoirs has dropped below 40% of live storage capacity. Total live sto...
Government to sustain capex push despite fiscal stress due to global uncertainties: Finance Ministry official
The Central Government has signalled its commitment to sustaining capital expenditure (capex) even as fiscal stress mounts from global economic uncertainties...