Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Jeh Aerospace inks pact with Liebherr-Aerospace to supply high-precision components
Jeh Aerospace, a Hyderabad-based precision aerospace and defence manufacturing company, has signed a long-term agreement (LTA) with Liebherr-Aerospace & Tran...
Rupee settles 9 paise lower at 93.44 against U.S. dollar
The Indian rupee settled approximately 9 paise lower at ₹93.44 against the US dollar in mid-April 2026, continuing a period of elevated exchange rates driven...
Wholesale inflation rises to a 3-year high of 3.88% in March
India's Wholesale Price Index (WPI)-based inflation rose to 3.88% in March 2026, the highest level in three years, up sharply from 2.13% in February 2026. Th...
Russia raking in a windfall from Hormuz blockade. Export revenues doubled to $19 bn in March, says IEA
Russia's crude oil and petroleum product export revenues nearly doubled to $19 billion in March 2026, up from $9.7 billion in February, according to the Inte...
Climate-hit Kashmir saffron farmers battle rising porcupine menace
Saffron farmers in Kashmir's Pampore region — the world's primary source of Kashmiri saffron — are facing mounting losses from the Indian crested porcupine (...
Saudi Arabia to lend another $3 bn to Pakistan to boost forex reserves, days after $5 bn pledge
Saudi Arabia announced an additional $3 billion deposit/loan to Pakistan on April 15, 2026, days after pledging a separate $5 billion — bringing total Saudi ...
India’s unemployment rate edges up to 5.1% in March as urban joblessness rises
India's overall unemployment rate edged up to 5.1% in March 2026 from 4.9% in February 2026, the highest level since October 2025, according to CMIE data. Ur...
Indian agricultural sector under threat by trifecta of below-Normal Monsoon, El Nino, and West Asia war: ICRA
The India Meteorological Department's (IMD) first long-range forecast (LRF) for the 2026 Southwest Monsoon pegs seasonal rainfall at 92% of the Long Period A...
India’s March trade deficit narrows to $20.67 billion on year
India's merchandise (goods) trade deficit narrowed to USD 20.67 billion in March 2026, down from USD 21.70 billion in March 2025, as both exports and imports...
Gems and jewellery exports fall to five-year low on U.S. tariffs
India's gems and jewellery exports fell to a five-year low as shipments to the United States plunged 45% year-on-year to USD 5.09 billion, according to data ...
Indian official team to visit Washington next week for trade talks
An Indian negotiating delegation is travelling to Washington for three-day trade talks from April 20-22, 2026, to resume discussions on an interim bilateral ...
India‘s textile and apparel exports degrow by -2.22% in FY 26: Govt Data
India's total textile and apparel exports for FY2025-26 stood at USD 35.16 billion, a degrowth of 2.22% compared to USD 35.96 billion in FY2024-25, according...
India-UK trade agreement may come into force next month: Commerce Secy
India's Commerce Secretary confirmed that the India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to come into operation "sometime in May"...
India’s trade deficit narrows to $20.67 billion in March on West Asia risks
India's merchandise trade deficit narrowed to $20.67 billion in March 2026, compared to $27.1 billion in March 2025 — a significant contraction, but for reas...
Crude unlikely to return to pre-war levels soon; India's import bill may rise $70bn annually: Report
Brokerage Prabhudas Lilladher estimates India's annual oil import bill could surge by more than $70 billion due to persistently elevated crude prices stemmin...
WPI inflation rises to 38-month high of 3.88 pc in March on higher fuel prices amid West Asia crisis
Wholesale Price Index (WPI)-based inflation rose sharply to 3.88% in March 2026, the highest reading in 38 months (over 3 years), up from 2.13% in February a...
Guidelines for Urban Challenge Fund released; Rs 5,000 cr-credit repayment guarantee scheme launched
Union Housing and Urban Affairs Minister Manohar Lal Khattar released the operational guidelines for the Rs 1 lakh crore Urban Challenge Fund (UCF) on April ...
Wholesale price inflation rises 3.88 pc in March on surge in crude rates
India's Wholesale Price Index (WPI)-based inflation rose to 3.88% in March 2026, the highest level in 38 months, driven primarily by surging crude petroleum ...
Geopolitical tensions cripple India-Middle East trade in March
India's exports to Middle East fell over 50% in March 2026, with gems and jewellery exports to UAE down approximately 80%, following the temporary closure of...
India’s exports drop 7.44 pc to USD 38.92 billion in Mar amid disruptions due to West Asia crisis
India's merchandise exports contracted 7.44% year-on-year to USD 38.92 billion in March 2026, down from USD 42.05 billion in March 2025, as the West Asia con...