Economics
Trade, fiscal policy, banking, agriculture and economic indicators
RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3
The Reserve Bank of India (RBI) has proposed new rules requiring banks to publish detailed quarterly disclosures on capital adequacy, leverage, liquidity, an...
Can India’s waste solve its energy crisis? Diving into bioenergy technologies
India's growing energy security concerns have intensified focus on bioenergy technologies that convert agricultural residue, food waste, sewage sludge, and o...
The warning signs in India’s import bill
India's total imports in FY26 stood at approximately $775 billion, with crude oil alone costing over $134 billion — the single largest import item. Gold impo...
Unlearnt lessons: On India’s inadequate strategic petroleum and gas reserves
With the West Asia crisis disrupting Strait of Hormuz transit and pushing global crude prices higher, India's inadequate strategic petroleum and gas reserves...
Free trade pact by year-end: EU Chief
The India-EU Free Trade Agreement, whose negotiations concluded on 27 January 2026, is targeted for formal signing by the end of 2026, with an operationalisa...
Fertiliser subsidy bill for FY27 may rise by ₹70,000 crore on West Asia crisis: Official
The Department of Fertilisers has indicated that India's fertiliser subsidy bill for FY 2026-27 may rise by approximately ₹70,000 crore — a roughly 20% incre...
Iran officially announces new body to manage Strait of Hormuz
Iran's Supreme National Security Council officially announced the creation of the Persian Gulf Strait Authority (PGSA), a dedicated regulatory body to govern...
Govt imposes ₹3 per litre duty on petrol exports, cuts levies on diesel and ATF
Effective 16 May 2026, the government imposed a Special Additional Excise Duty (SAED) of Rs 3 per litre on exports of petrol — the first such levy on petrol ...
U.S. Treasury to extend sanction waiver on Russian seaborne oil, source says
The US Treasury Department is considering a 30-day extension of the sanction waiver that previously allowed countries to purchase Russian seaborne oil, accor...
India to keep buying Russian oil regardless of US sanctions waivers, says official
A senior official from India's Ministry of Petroleum and Natural Gas stated that India will continue purchasing Russian crude oil irrespective of whether US ...
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
India's current account deficit (CAD) is projected to widen to approximately 2.3% of GDP in FY27, up sharply from an estimated 0.9% of GDP in FY26, according...
India's fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says
The fertiliser subsidy bill for FY27 is projected to rise by approximately Rs 70,000 crore—or about 20%—over the budgeted estimate of Rs 1.71 lakh crore, dri...
Boost for tech, trade & defence as India, Sweden become ‘strategic partners’
India and Sweden elevated their bilateral relationship to a Strategic Partnership on May 17, 2026, during a summit in Gothenburg, adopting a Joint Action Pla...
Experts Explain | Make in India in defence sector: Challenges, bottlenecks, and the way forward
Despite a 34-fold surge in defence exports over the past decade, structural bottlenecks continue to constrain India's ability to transition from a net defenc...
India taps Oman to rescue $11.8 billion food exports to West Asia
With the 2026 Iran war creating sustained risk of disruption to the Strait of Hormuz, India is actively exploring the use of Omani ports and overland land br...
Why PM Modi visited Netherlands’ Afsluitdijk dam: The Dutch model India may need
During the India-Netherlands bilateral visit in May 2026, the Indian Prime Minister toured the Afsluitdijk — the Netherlands' iconic 32-kilometre sea barrier...
India, Chile expedite CEPA negotiations and critical minerals cooperation
Chile's Foreign Minister Francisco Pérez Mackenna visited India in May 2026, imparting fresh momentum to bilateral ties and accelerating negotiations toward ...
North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26
India's merchandise exports reached USD 441.78 billion in FY2025-26, registering modest growth of approximately 0.93% year-on-year. North America, North-East...
India and Netherlands ink 17 pacts, elevate ties to strategic partnership
India and the Netherlands elevated their bilateral relationship to a Strategic Partnership during a state visit to The Hague on 16–17 May 2026, marking India...
Commerce Secretary Shri Rajesh Agrawal Highlights Trade and Economic Cooperation at BRICS Meeting in Gandhinagar
The 2nd Meeting of the BRICS Contact Group on Trade and Economic Issues (CGETI) for 2026 was held in Gandhinagar, Gujarat, on May 15, 2026, under India's BRI...