Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Indian govt hikes NBS fertilizer subsidy for kharif season by up to 21% to ₹41,533.81 crore
The Union Cabinet approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for Kharif Season 2026 (April 1 to September ...
RBI MPC Meeting 2026 Highlights: RBI holds rates unchanged at 5.25%; projects FY27 GDP at 6.9%
The Reserve Bank of India's Monetary Policy Committee kept the repo rate unchanged at 5.25% in the April 2026 bi-monthly review, with all six members voting ...
RBI shuns hawkish signal, keeps rates unchanged amid war shock
The Reserve Bank of India's Monetary Policy Committee (MPC) held the policy repo rate at 5.25% in its April 2026 bi-monthly review, with a unanimous 6-0 vote...
India has enough coal stocks to meet power demand, says govt as war pushes up mining costs
The Government of India assured adequate coal stocks at thermal power plants to meet power demand, stating stocks stood at approximately 55.18 million tonnes...
Oil prices plunge below $100/bbl after US, Iran agree on 2-week ceasefire
Oil prices plunged sharply after the US and Iran agreed to a two-week ceasefire, accompanied by a limited reopening of the Strait of Hormuz to tanker traffic...
RBI keeps repo rate unchanged at 5.25% amid global uncertainties
The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25% in its first bi-monthly meeti...
Cabinet approves two hydro-electric projects in Arunachal Pradesh with a total outlay exceeding ₹40,000 crore
The Union Cabinet approved two major hydroelectric projects in Arunachal Pradesh with a combined investment of over Rs 40,175 crore, positioning the northeas...
Jaishankar set to visit UAE amid tenuous US-Iran ceasefire, energy security to be front and centre
External Affairs Minister S. Jaishankar announced a visit to the UAE (scheduled for April 11, 2026), his first trip to the country since the West Asia confli...
Indian fertiliser sector hopes supplies will be normal soon, easing global prices
The ongoing West Asia conflict disrupted global fertiliser supply chains, affecting India's import availability and pushing up prices of key inputs — LNG, am...
RBI MPC keeps repo rate unchanged at 5.25%
The Monetary Policy Committee (MPC) of the Reserve Bank of India, at its first bi-monthly policy review for FY 2026-27 (April 8, 2026), voted unanimously to ...
India eyes higher farm output this year, confident of supporting global food supply amid uncertainty: DARE Secy Jat
The government expressed confidence in India's ability to support domestic demand for food commodities, backed by projections of record agricultural output i...
Rupee surges 47 paise to close at 92.59 per USD on Iran-U.S. ceasefire, RBI pause on policy rates
The Indian rupee surged 47 paise to close at ₹92.59 per US dollar on April 8, 2026, as news of an Iran-US ceasefire and the RBI's decision to keep the repo r...
RBI agrees to 'demand from some quarters,' unveils first-ever core inflation projection at 4.4% for FY27
The RBI unveiled its first-ever forex swap auction — a USD/INR buy-sell swap — as part of its liquidity management toolkit, responding to demands from banks ...
RBI MPC meeting Highlights: Headline inflation remains our target, and managing that is our primary goal, says RBI Governor
The six-member Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, voted unanimously to keep the policy repo rate unchanged at 5.25% at...
Key fertiliser buyer India issues tender as war hits supply
India's state-run buying agency Indian Potash Limited (IPL) floated a global tender for approximately 2.5 million tonnes of urea in April 2026, ahead of the ...
RBI to simplify onboarding process for MSMEs on TReDS
The Reserve Bank of India has proposed to dispense with the requirement of due diligence for MSMEs during onboarding on TReDS platforms, aiming to expand the...
India's growth may slow to 6.6% in FY27 due to West Asia war: World Bank
Multiple financial institutions revised India's GDP growth forecast for FY27 downward, citing disruptions caused by the West Asia conflict. The World Bank pr...
India raises gas supply for fertilizer firms as imports improve
India restored natural gas supply to urea manufacturing plants to 90% of their average consumption requirements (up from 70–75% during the period of Middle E...
Shipowners eye Hormuz truce with 800 vessels still trapped
Following the US-Iran ceasefire announced on April 7, 2026, shipowners and charterers were assessing whether the Strait of Hormuz would actually reopen for s...
Cabinet approves Rs 41,534 cr P&K fertilisers subsidy for kharif 2026 season
The Union Cabinet, chaired by the Prime Minister, approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilisers for Kharif Se...