Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Asia crisis impacts India’s trade, oil imports and remittances: RBI Governor
RBI Governor Sanjay Malhotra, speaking at Princeton University on April 18, 2026, outlined the multi-channel economic impact of the West Asia crisis on India...
FTA partners drive India’s trade surge as reliance on non-FTA countries dips, says NITI Aayog report
NITI Aayog released the seventh edition of its Trade Watch Quarterly report covering October–December (Q3) of FY 2025-26, highlighting a dramatic rise in Ind...
India’s GDP growth to slow to 6.4% in FY27 amid geopolitical headwinds: UN report
The UN-ESCAP's Economic and Social Survey of Asia and the Pacific 2026 projected India's GDP growth to slow to 6.4 percent in FY2026-27 from 7.4 percent in 2...
India's economy projected to grow at 6.4% this year: UN
The United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) projected India's GDP growth at 6.4 percent for 2026 (CY/FY basis) and ...
Seafood exports up 11.2% in 2025-26
India's seafood exports reached an all-time high of Rs 72,325.82 crore (approximately $8.28 billion) in FY 2025-26, registering an 11.2 percent growth over t...
India faces inflation spillover risks from Middle East conflict: RBI
The Reserve Bank of India (RBI) has issued a formal cautionary assessment warning that the ongoing conflict in West Asia (the Middle East) poses material inf...
India ramps up PNG adoption with over 5 lakh new connections
Since March 2026, more than 5.01 lakh new Piped Natural Gas (PNG) connections have been gasified (supply commenced) and over 5.68 lakh customers registered f...
RBI issues consolidated directions on Digital Payments – E-mandate framework, 2026
The Reserve Bank issued consolidated directions titled "Digital Payments – E-mandate Framework, 2026," bringing all existing instructions on recurring electr...
In bid to bypass Hormuz chokepoint, Gulf countries scramble to ramp up infra
With the Strait of Hormuz effectively closed to unauthorized vessels since March 2026, Gulf oil-producing nations are fast-tracking infrastructure projects —...
India, US continue to have 'positive, productive discussions' on trade deal
Senior US officials described ongoing India-US trade negotiations in Washington as "positive and productive," with most key issues described as settled and o...
New draft rules soon on 'E85 & more' vehicles as government pushes ethanol shift
The central government is preparing to issue a fresh draft notification expanding vehicle test requirements from E85 to "E85 or more" (including up to E100),...
India’s exports to FTA partners fall for third straight quarter: NITI Aayog data
NITI Aayog's Trade Watch quarterly report revealed that India's merchandise exports to Free Trade Agreement (FTA) partner countries declined for the third co...
Phase-I of bilateral trade agreement with US almost ready: Piyush Goyal
Commerce and Industry Minister Piyush Goyal stated that the first tranche (Phase-I) of the India-US Bilateral Trade Agreement (BTA) has been "almost finalise...
RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis
At Princeton University on April 18, 2026, the RBI Governor delivered a speech titled "RBI's Role in India's Growth and Navigating Global Challenges," outlin...
India in touch with Iranian authorities for safe exit of its ships through Strait of Hormuz: MEA
India's Ministry of External Affairs confirmed that two Indian-flagged vessels — the VLCC Sanmar Herald and bulk carrier Jag Arnav — were fired upon by Irani...
Domestic production of oil, gas ramped up amid West Asia crisis: RBI governor
The RBI Governor, addressing an audience at Princeton University on April 18, 2026, outlined India's significant exposure to the West Asia crisis across trad...
Widening CAD a concern, says Niti Report
The government's apex policy institution released its quarterly Trade Watch Report for Q3 FY26, warning that the ongoing conflict in West Asia poses signific...
Farm groups and civil societies urge govt not to agree imports of GM farm products amid fresh round of India-US trade talks
A coalition of farm groups and civil society organisations formally urged the central government not to agree to imports of genetically modified (GM) agricul...
India, South Korea set $50 bn trade target; PM Modi, Lee Jae-Myung agree on 'futuristic partnership'
South Korean President Lee Jae-myung arrived in New Delhi for a three-day state visit — the first by a South Korean head of state in eight years — and held s...
Reserve bank of India partially rolls back curbs on rupee derivative deals
On April 20, 2026, the RBI partially eased restrictions on rupee derivative transactions that had been imposed in early April 2026 to curb speculative activi...