Economics
Trade, fiscal policy, banking, agriculture and economic indicators
As Strait of Hormuz shuts again, uncertainty grips global trade & energy markets
The Strait of Hormuz has again been closed to shipping amid an escalating US-Iran standoff, with the US military establishing a maritime exclusion zone aroun...
South Korea President Lee says India summit could mark turning point in ties
South Korean President Lee Jae-myung arrived in New Delhi on April 20, 2026, for a state visit — the first by a South Korean president in eight years — and h...
India, South Korea working to double bilateral trade by 2030: Piyush Goyal
India and South Korea have announced a shared goal of doubling bilateral trade from approximately USD 27 billion to over USD 50 billion by 2030. Both sides h...
PM Modi to inaugurate India's 1st greenfield integrated refinery-cum-petrochemical complex in Rajasthan
India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra, Balotra district, Rajasthan was scheduled for inauguration; the event wa...
Draft rules for roll-out of Ethanol 85 fuel to be notified soon
The central government confirmed that draft rules for the roll-out of Ethanol 85 (E85) fuel — a blend of 85% ethanol and 15% petrol — will be notified soon, ...
Maldives requests 3rd extension of $400 million loan, India in a fix
The Maldives has formally requested a third extension of the $400 million currency swap arrangement signed with India under the SAARC Currency Swap Framework...
Govt doubles down on wheat exports, clears extra 2.5 million tonnes
The government approved an additional 2.5 million tonnes (MT) of wheat exports, taking India's total authorised wheat export quota for the current season to ...
War fears push UAE to discuss currency swap line, hint at yuan oil sales if dollars dry up: WSJ report
Senior UAE officials have quietly raised with trade partners — including the US Treasury and Federal Reserve — the possibility of shifting some oil sales to ...
India's core sector contracts 0.4% in March, hurt by West Asia conflict
The Index of Eight Core Industries (ICI) declined 0.4% (provisional) in March 2026 compared to March 2025 — marking the first contraction in five months and ...
India seeks preferential market access in US for domestic goods: Piyush Goyal
India's Commerce and Industry Ministry stated that the first tranche of the proposed India–US Bilateral Trade Agreement (BTA) is "almost finalised," with neg...
Govt reviews rural schemes, supply chain woes to protect beneficiaries from Iran war impact
An inter-ministerial review has been convened to assess the impact of the West Asia conflict on rural welfare schemes, particularly PM-KISAN, the Mahatma Gan...
West Asia crisis poses risks to India’s trade and macroeconomic stability: NITI Aayog report
A quarterly trade report by a government policy body has flagged that geopolitical tensions in West Asia pose multiple simultaneous risks to India's macroeco...
'From chips to ships': PM Modi hails India-South Korea ties; signs several MoUs
India and South Korea concluded a bilateral summit at Hyderabad House, New Delhi, formalising agreements across semiconductors, shipbuilding, defence manufac...
South Korea's Lee to seek big boost in economic ties in summit with PM Modi
South Korean President Lee Jae-myung arrived in India for a state visit on April 19, 2026 — the first presidential-level visit from South Korea in eight year...
India, South Korea to upgrade trade pact, deepen tech and supply chain ties
India and South Korea have agreed to upgrade their Comprehensive Economic Partnership Agreement (CEPA), originally signed in August 2009 and in force since J...
Odisha kicks off India’s 1st 3D chip packaging plant
The foundation stone for India's first advanced 3D glass semiconductor chip packaging unit was laid on April 19, 2026, at Info Valley, Bhubaneswar, Odisha — ...
Iran war: The fertiliser challenge India faces, and the possible way out
The ongoing conflict in West Asia, centred on Iran, has severely disrupted global fertiliser supply chains, with the effective closure of the Strait of Hormu...
India moves closer to opening nuclear power sector to foreign investment as AEC cleared FDI policy: Official
The Atomic Energy Commission (AEC) has cleared a new Foreign Direct Investment (FDI) policy for the nuclear power sector, marking a significant policy shift ...
Deceptively benign: On retail inflation, oil-import-dependency
India's retail inflation (CPI) rose to 3.4% in March 2026, remaining below the Reserve Bank of India's medium-term target of 4%, but analysts caution that th...
Export disruption hits ‘Bangalore Rose’ onion farmers; MP seeks urgent support
Farmers cultivating the 'Bangalore Rose' onion variety in Karnataka's Chickballapur district and surrounding areas of the Kolar cluster (Karnataka) are facin...