Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Tamil Nadu, Uttar Pradesh top logistics performance ranking, Mizoram and Delhi also lead
The Ministry of Commerce and Industry released the LEADS 2025 (Logistics Ease Across Different States) report, benchmarking logistics performance across all ...
Centre raises MSP for 14 kharif crops, boosts support for pulses and oilseeds
The Cabinet Committee on Economic Affairs (CCEA) approved an increase in Minimum Support Prices (MSPs) for all 14 mandated kharif crops for the 2026-27 marke...
MSP hike for Kharif crops: Cabinet raises support prices for 14 crops for marketing season 2026-27
The Cabinet Committee on Economic Affairs (CCEA) approved a hike in Minimum Support Prices (MSP) for 14 Kharif crops for Marketing Season 2026-27, continuing...
Cabinet okays Rs 37,500 cr scheme for coal, lignite gasification; promotes use of indigenous tech
The Union Cabinet approved the Scheme for Promotion of Surface Coal/Lignite Gasification Projects on May 13, 2026, with a total financial outlay of ₹37,500 c...
Cabinet okays 134-km semi-high-speed rail line between Ahmedabad & Dholera
Cabinet approved a 134-km semi high-speed double-line railway corridor between Ahmedabad (Sarkhej) and Dholera at an estimated project cost of approximately ...
Why India hiked import duty on gold, silver amid rupee fall and rising oil prices
Effective 13 May 2026, the government raised the import duty on gold and silver from 6% to 15%, comprising a 10% basic customs duty and a 5% agriculture infr...
West Asia war impact on oil market worse than earlier anticipated: What’s the worry for India?
The ongoing West Asia conflict has pushed crude oil prices to levels significantly higher than earlier anticipated, with the Indian crude basket reaching app...
Hotel staff assaulted, case registered
A case of assault on hotel staff was registered by police in Kerala following a complaint by the victims — a young man and woman who worked at a hotel in Thi...
Cabinet approves Ahmedabad–Dholera semi high-speed rail project
The Union Cabinet approved the Ahmedabad (Sarkhej)–Dholera Semi High-Speed Double Line railway project on 13 May 2026 at an estimated cost of approximately R...
Cabinet approves ₹37,500 crore package to boost coal gasification
The Union Cabinet approved a ₹37,500-crore incentive package for coal and lignite gasification projects, with the explicit objective of reducing India's impo...
Govt hikes import duty on gold, silver to 15% amid forex concerns
The government raised the import duty on gold and silver to 15% from the earlier 6%, effective May 13, 2026 — a hike of 9 percentage points, more than doubli...
Cabinet clears Kharif MSP hikes, ₹37,500-crore coal gasification push to shore up economy
In a single CCEA session, the Union Cabinet approved two major economic measures: MSP hikes for 14 kharif crops for 2026-27, and a ₹37,500-crore incentive sc...
Cabinet approves scheme to promote coal/lignite gasification projects with outlay of ₹37,500 crore
The Cabinet Committee on Economic Affairs (CCEA) formally approved the "Scheme for Promotion of Surface Coal/Lignite Gasification Projects" with a total fina...
Indian government hikes minimum support prices for kharif crops; raises paddy rate by 3%
The Cabinet Committee on Economic Affairs (CCEA) approved the Minimum Support Price (MSP) for 14 mandated kharif crops for the marketing season 2026-27. Padd...
Assam's Himanta Sarma govt to present Uniform Civil Code Bill in Assembly on 26 May—who are exempted from UCC?
The Assam Cabinet approved the draft Uniform Civil Code (UCC) Bill, clearing it for introduction in the state legislature on May 26, 2026. The Bill proposes ...
Govt approves ₹37,500-cr incentive to promote coal gasification projects
The Union government approved a financial incentive package of ₹37,500 crore to promote domestic surface coal and lignite gasification projects. The incentiv...
India wheat procurement tops 30-million tonne mark, heading towards target of 34.5 mt
Wheat procurement for the Rabi Marketing Season (RMS) 2026-27 crossed the 30-million-tonne mark, with the overall procurement target set at approximately 34 ...
Policeman, five others die in accident in Tiruppur district
A fatal road accident near a police checkpoint in Tiruppur district, Tamil Nadu, killed six people including a police constable on duty, after a speeding veh...
Mint Explainer | Why PM Modi is asking Indians to cut cooking oil consumption
Amid a West Asia crisis that strained global energy and commodity markets, India's leadership made a public appeal urging citizens to reduce cooking oil cons...
India’s edible oil import bill jumps 19% in H1 of oil year 2025-26, volumes rise over 13%
India's edible oil import bill rose 19% in the first half of oil year 2025-26 (November 2025–April 2026), climbing to approximately ₹87,000 crore from ₹73,00...