Economics
Trade, fiscal policy, banking, agriculture and economic indicators
ADB says India’s GDP growth to moderate to 6.9% in current fiscal before accelerating to 7.3% next year
The Asian Development Bank (ADB) released its Asian Development Outlook (ADO) April 2026, projecting India's GDP growth at 6.9% in 2026 (FY2026-27), moderati...
Major ports clear 90% cargo backlog amid Hormuz disruptions
India's major ports cleared approximately 90% of the cargo backlog that had accumulated due to disruptions in the Strait of Hormuz caused by the US-Iran war ...
ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26
The Asian Development Bank (ADB) released its Asian Development Outlook (ADO) for April 2026, projecting India's GDP growth at 6.9% for FY2027 — down 70 basi...
India in talks with 20 more countries to open market access: Piyush Goyal
Commerce and Industry Minister Piyush Goyal, speaking at a business event in Coimbatore on April 10, 2026, announced that India is in active discussions with...
Rubio set to visit India in May to discuss trade, tariffs, defence, Quad
US Secretary of State Marco Rubio is set to visit India in May 2026, following a meeting between India's Foreign Secretary Vikram Misri and Rubio in Washingt...
IMF to cut global growth forecast due to West Asia conflict
The International Monetary Fund (IMF) announced it will cut its global growth forecast due to the ongoing West Asia conflict, with impacts extending well bey...
Shipping risks rise in Strait of Hormuz as Iran control persists
Ship traffic through the Strait of Hormuz remains significantly below normal levels as Iran maintains near-total control over the waterway since the blockade...
Government examining compliance burden on MSMEs due to West Asia crisis
The Indian government is examining the compliance burden faced by MSME exporters due to the ongoing West Asia crisis (Iran war), which has caused significant...
Jaishankar to visit UAE as India steps up energy diplomacy in the Gulf
External Affairs Minister S. Jaishankar is scheduled to visit the UAE from April 11-12, 2026, as India intensifies its energy diplomacy in the Gulf amid the ...
RBI proposes to include PSUs in upper-layer NBFCs
The Reserve Bank of India released a draft amendment to its Scale-Based Regulation (SBR) framework, proposing that Non-Banking Financial Companies with asset...
ADB ups India's FY26 growth projection to 6.9% on strong domestic demand, lower US tariffs
The Asian Development Bank (ADB) revised India's GDP growth projection upward to 6.9% for FY26 (April 2026–March 2027), up from its earlier estimates, citing...
ADB ups India’s FY27 growth projections to 6.9 pc
The Asian Development Bank (ADB), in its Asian Development Outlook (ADO) April 2026 report, revised India's GDP growth projection upward to 6.9 percent for F...
Qatar vows to remain reliable energy supplier to India amid West Asia tensions
Qatar's Energy Minister Saad Sherida Al-Kaabi declared that Qatar will remain a "reliable energy supplier" to India during talks with Petroleum and Natural G...
West Asia crisis: Piyush Goyal meets Kuwait, UAE to restore trade, energy flows
Commerce and Industry Minister Piyush Goyal held bilateral meetings with his counterparts from Kuwait and the UAE to restore trade and energy supply flows di...
Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P Global
S&P Global projected global economic growth will slow to 3.2% in calendar year 2026, down from 3.4% in the previous year The West Asia conflict is generating...
India eyes 20 more countries for open market access in next big trade bet
Union Commerce and Industry Minister Piyush Goyal announced that India is in active trade negotiations with 20 additional countries for market access expansi...
ADB raises India’s FY27 growth forecast to 6.9%
The Asian Development Bank (ADB) raised India's GDP growth forecast for FY2026-27 (FY27) to 6.9%, up from its earlier estimate of 6.5% Growth is further proj...
India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar
External Affairs Minister S. Jaishankar announced that India is finalising a government-to-government (G2G) agreement to supply oil and gas to Mauritius, a m...
Utkarsh 2029 – Reserve Bank of India’s Medium-term Strategy Framework for 2026-29
The Reserve Bank of India released its medium-term strategy framework "Utkarsh 2029" on April 10, 2026, covering the period April 2026 to March 2029. Utkarsh...
RBI invites public comments on the draft Amendment Directions on review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL
The Reserve Bank of India released draft amendment directions on April 10, 2026, proposing significant changes to the Scale-Based Regulation (SBR) framework ...