Economics
Trade, fiscal policy, banking, agriculture and economic indicators
PM E‑DRIVE e‑truck push for 5600 electric trucks stalls despite ₹500 cr outlay
A Parliamentary Standing Committee (332nd Report, March 2026) flagged "nil physical achievement and no expenditure" under the PM E-DRIVE scheme's electric tr...
Oil tankers steer clear of Strait of Hormuz ahead of US blockade
Shipping industry sources reported that oil tankers were actively rerouting away from the Strait of Hormuz after the US announced a naval blockade of Iranian...
IMF flags global slowdown risk from Middle East war shock: Georgieva
IMF Managing Director Kristalina Georgieva described the Middle East war's economic impact as a "classic negative supply shock," warning of slower global gro...
Indian Railways clears 100 major projects worth ₹1.53 lakh crore for FY 2025-26
Indian Railways has sanctioned 100 major projects in FY 2025-26 with a total investment of ₹1.53 lakh crore, covering over 6,000 km of new and upgraded rail ...
Oil rises 7% to above $100 ahead of US blockade on Iran
Global crude oil prices surged more than 7% to cross $100 per barrel after the US announced a naval blockade of Iranian ports following the failure of peace ...
India received highest number of regressive tax recommendations from IMF: Oxfam
A new report by Oxfam International, drawing on analysis of IMF tax advice to 125 countries between 2022 and 2024, found that India received the highest numb...
SC notice to Centre, others on plea concerning MSP
A Supreme Court bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi issued notices to the Union Government and other respondents, including...
India unveils new security standards for its digital payments system to drive global adoption
The Bureau of Indian Standards (BIS) has introduced comprehensive new security norms for India's digital payments ecosystem, covering biometric authenticatio...
No immediate impact of US blocking Iranian vessels on India’s crude cargoes
India has cut its dependence on crude oil transiting the Strait of Hormuz to just 30% of total imports, down from over 50% earlier in 2026 India now sources ...
Centre vs Tamil Nadu: Sitharaman hits back at Stalin on paddy, wheat bonus row
The Centre's Department of Expenditure sent a January 9, 2026 letter to all Chief Secretaries, advising states to "review" their bonus policies above MSP for...
France, UK to lead multinational mission to restore navigation in Strait of Hormuz: Macron
French President Emmanuel Macron announced that France and the United Kingdom would jointly lead a "peaceful, multinational mission" to restore freedom of na...
Rainfall below normal? How accurate are predictions by Skymet, IMD?
Both the India Meteorological Department (IMD) and private forecaster Skymet have independently predicted a below-normal monsoon for 2026, with IMD forecasti...
India's March palm oil imports fall 19% to three-month low
India's palm oil imports declined nearly 19% month-on-month in March 2026 to approximately 689,462 tonnes — the lowest in three months — as high global price...
Rupee weakens by 56 paise to settle at 93.39 against U.S. dollar
The Indian rupee depreciated 56 paise to settle at 93.39 against the US dollar on April 13, 2026 Forex analysts attributed the fall to uncertainties over the...
World Bank chief sounds alarm about looming jobs crisis even after war ends
World Bank President Ajay Banga warned that developing economies will face a deficit of 800 million jobs in the next 10–15 years At current trajectories, the...
Supreme Court seeks government response on plea to pay farmers weighted average cost of production of crops
The Supreme Court issued notice to the Union Government and states on a PIL seeking directions to fix the Minimum Support Price (MSP) at no less than the com...
Donald Trump vows U.S. will sink any Iran boats that challenge blockade
US President Donald Trump announced that the US Navy would immediately eliminate any Iranian fast-attack vessels approaching the naval blockade enforced arou...
Rajasthan highway modernisation project gets $225 million World Bank boost, to benefit 3 million people
The World Bank's Board of Executive Directors approved a $225 million loan on April 10, 2026 for the Rajasthan Highway Modernization Project (RHMP) The proje...
Dual risks of monsoon deficit and rising input costs threaten India's rural economy in 2026: Report
A recent economic report has flagged a dual threat to India's rural economy in 2026: the southwest monsoon is projected at 94% of the Long Period Average (LP...
Retail inflation inches up to 3.4 pc in March, shows govt data
India's Consumer Price Index (CPI)-based retail inflation edged up to 3.4% in March 2026, from 3.21% in February, according to official data released by the ...