Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India bans sugar exports till September to stabilise domestic prices
The Directorate General of Foreign Trade (DGFT) amended the export policy for sugar — covering raw sugar, white sugar, and refined sugar — from "restricted" ...
Sugar export ban to free up 4-5 lakh tonne for domestic use
The sugar export ban, effective May 13, 2026, is projected to retain approximately 4–5 lakh tonnes (400,000–500,000 metric tonnes) of sugar within the domest...
Iran’s Araghchi listening, Jaishankar calls for safe Hormuz transit
Iran's Foreign Minister Abbas Araghchi arrived in New Delhi for a three-day official visit — the first high-level diplomatic engagement from Tehran since the...
Why Modi government has banned sugar exports: 3 reasons
The Indian government, through the Directorate General of Foreign Trade (DGFT), imposed a complete ban on the export of raw, white, and refined sugar until 3...
Govt confirms safe passage of 2 LPG tankers through Strait of Hormuz; 14-member crew rescued as Indian vessel sinks
The Ministry of Ports, Shipping and Waterways confirmed that two LPG carrier vessels carrying cargo owned by Indian Oil Corporation (IOC) safely transited th...
$1 trillion exports target for this year: Piyush Goyal
The Union Commerce and Industry Minister announced at the Bharatiya Vyapar Mahotsav that India is targeting $1 trillion in exports (goods plus services) for ...
India bans sugar exports with immediate effect to cool domestic prices
The Ministry of Commerce and Industry, through the Directorate General of Foreign Trade (DGFT), issued a notification shifting sugar exports from "restricted...
Lavrov, Jaishankar discussed trade, sustainable currency, logistics: Russian Embassy
India's External Affairs Minister and Russia's Foreign Minister held bilateral talks in New Delhi on the sidelines of the BRICS Foreign Ministers' Meeting, r...
FSDC-SC reviews key global and domestic macroeconomic developments
The Sub-Committee of the Financial Stability and Development Council (FSDC-SC) convened a meeting at the Reserve Bank of India (RBI), Mumbai, chaired by the ...
India re-included in list of countries that can export aquaculture products to EU from September 2026
India was included in a revised draft list published by the European Union on May 12, 2026, authorising continued export of Indian aquaculture products to th...
Geothermal energy could unlock 450 GW electricity potential in India: report
A joint report by Project InnerSpace and the Council on Energy, Environment and Water (CEEW), titled "The Future of Geothermal in India," identifies India's ...
Wholesale inflation jumps to 3.5-year high of 8.3% in April 2026 on West Asia impact
India's Wholesale Price Index (WPI)-based inflation rose to 8.3% in April 2026 (year-on-year), the highest reading in approximately 42 months (3.5 years), up...
India included in revised EU list for continued aquaculture exports
The European Commission published a revised draft list on May 12, 2026, including India among countries authorised to export aquaculture products to the EU m...
External Affairs Minister Jaishankar hits out at ‘unilateral’ sanctions days before expiry of U.S.’ Russian oil waiver
At the BRICS Foreign Ministers' Meeting in New Delhi, External Affairs Minister S. Jaishankar strongly criticised unilateral sanctions and coercive economic ...
India EV battery demand to grow tenfold to 200 GWh by 2032: IESA
The Indian Energy Storage Alliance (IESA), in association with Customized Energy Solutions (CES), projects India's electric vehicle battery demand to grow te...
Israel-Iran war LIVE: Iran allows Chinese ships to pass Hormuz since May 13, reports Iranian media
Iran confirmed that approximately 30 Chinese commercial vessels were permitted to transit the Strait of Hormuz beginning the night of May 13, 2026, following...
PM Modi to leave on five-nation tour tomorrow, discussions in UAE to also focus on strengthening energy security
A six-day, five-nation diplomatic tour covering the UAE, Netherlands, Sweden, Norway, and Italy commenced on May 15, 2026, aimed at deepening strategic partn...
India bans sugar exports till Sept 30
The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry notified a shift in sugar's export classification from "Restricte...
Assam exports first consignment of agarwood chips to Saudi Arabia, UAE
Assam exported its first legally approved consignment of agarwood chips, valued at ₹2.35 crore, to Saudi Arabia and the United Arab Emirates. The shipment — ...
Govt to explore possibility of PLI scheme for seafood MSMEs
The Department of Fisheries is actively exploring the development of a dedicated Production Linked Incentive (PLI) scheme specifically for MSMEs in the seafo...