Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India seen to line up three buffers for its economy amid the Iran storm: Fitch unit
BMI Research (a unit of Fitch Solutions) identified three strategic buffers India is deploying to protect its economy from the spillover effects of the ongoi...
Govt overhauls six-decade-old sugarcane law; seeks comments on draft by May 20
The Ministry of Consumer Affairs, Food and Public Distribution has circulated a draft Sugarcane (Control) Order, 2026, proposing to repeal and replace the Su...
Gujarat-bound ship among two vessels seized by Iran near Hormuz
Iran's Islamic Revolutionary Guard Corps (IRGC) seized two container ships — the Panama-flagged MSC Francesca and the Liberia-flagged Epaminondas — in the St...
Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes
The Reserve Bank of India's Monetary Policy Committee (MPC), in its April 2026 meeting (April 6–8), kept the benchmark repo rate unchanged at 5.25% while fla...
RBI proposes measures to strengthen Prepaid Payment Instruments framework
The Reserve Bank of India issued a draft framework proposing specific security and operational measures for Prepaid Payment Instruments (PPIs), inviting stak...
The K-pop cash flow: South Korean beats power India's FDI remix
The South Korean President's State Visit to New Delhi (April 19–21, 2026) catalysed a major push for large-scale South Korean Foreign Direct Investment (FDI)...
DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains
The Department for Promotion of Industry and Internal Trade (DPIIT) announced a package of multi-sectoral regulatory relaxations to ensure uninterrupted supp...
West Asia crisis, inflation weighed on RBI panel’s decision on interest rate: MPC minutes
The minutes of the Monetary Policy Committee (MPC) meeting held April 6–8, 2026 (the 60th MPC meeting) revealed that all six members voted unanimously to kee...
Agriculture exports up 2.8 pc to USD 52.55 bn in 2025-26
India's agricultural and allied product exports reached USD 52.55 billion in FY2025-26, registering a 2.8% growth over the previous year — an all-time high f...
India likely to breach budgeted fiscal deficit target for FY27: BMI
BMI Research (a unit of Fitch Solutions) has projected India's fiscal deficit for FY2026-27 to reach 4.5% of GDP, exceeding the government's budgeted target ...
RBI issues Draft Master Direction on Prepaid Payment Instruments (PPIs), 2026
The Reserve Bank of India released a draft Master Direction on Prepaid Payment Instruments (PPIs), 2026, for public consultation — replacing the existing 202...
Minutes of the Monetary Policy Committee Meeting, April 6 to 8, 2026
The 60th meeting of the Monetary Policy Committee (MPC), held during April 6–8, 2026, unanimously voted to keep the policy repo rate unchanged at 5.25%, main...
Digital Payments – E-mandate Framework, 2026
The Reserve Bank of India issued the Digital Payments – E-Mandate Framework, 2026 (RBI/DPSS/2026-27/396), consolidating eight earlier circulars into a single...
India’s LPG crisis is the wake-up call it cannot ignore
India's structural vulnerability in cooking fuel supply was sharply exposed in early 2026 when geopolitical disruptions in the Gulf triggered severe LPG shor...
WTO accepts request of India, Taipei to defer ICT import duty dispute ruling until Oct 2026
At a meeting of the WTO's Dispute Settlement Body (DSB) in Geneva on April 21, 2026, the DSB accepted a joint request from India and Chinese Taipei (Taiwan) ...
Iran says tanker defied US blockade; Maritime data links it to India
The tanker Felicity, operated by the National Iranian Tanker Company (NITC), dropped anchor near Sikka on Gujarat's coast — a key crude-handling hub serving ...
Fossil fuel generation in India, China falls for first time this century: Report
Fossil fuel-based electricity generation declined simultaneously in both India and China in 2025 — for the first time this century — driven by record growth ...
India, South Korea expand shipbuilding ties, target ₹2.2 lakh crore maritime push
India and South Korea formalised a comprehensive maritime and shipbuilding partnership framework titled VOYAGES (Vision for Operation of Yard Assisted Growth...
Renewable energies overtook global electricity demand last year, led by solar growth in India, China
For the first time in the modern power system, clean power generation growth exceeded total global electricity demand growth in 2025, according to Ember's Gl...
India’s seafood exports cross ₹72,325.82 crore in FY26 on shrimp led growth, market diversification
India's marine product exports reached an all-time high of ₹72,325.82 crore (approximately USD 8.28 billion) in FY2025-26, according to provisional data from...