Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Cabinet approves near doubling of Rajasthan oil refinery cost to Rs 79,459 cr
The Cabinet Committee on Economic Affairs (CCEA) approved a sharp revision in the project cost of the HPCL Rajasthan Refinery Limited (HRRL) project from Rs ...
RBI holds repo rate, warns of impact of West Asia conflict on economy
The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously (6-0) voted to keep the repo rate unchanged at 5.25% and maintain a neutral monetary ...
RBI GDP outlook FY26: India retains FY26 GDP at 7.6%, sets FY27 growth at 6.9% as Iran war, oil risks mount
The Reserve Bank of India's Monetary Policy Committee (MPC), in its April 2026 policy announcement, retained the FY26 GDP growth estimate at 7.6% and project...
Iran ceasefire taken into account for policy decision: RBI
The Reserve Bank of India's Monetary Policy Committee (MPC) held the benchmark repo rate unchanged at 5.25% on April 8, 2026 — all six MPC members voted unan...
US-Iran ceasefire set to ease pressure on India’s energy supplies
The United States and Iran agreed to a fragile two-week ceasefire following more than 40 days of US-Israeli military strikes on Iran (which began February 28...
Interest rates to remain low in medium to long term: RBI Governor
RBI Governor Sanjay Malhotra, at the post-Monetary Policy Committee (MPC) press conference on April 8, 2026, expressed confidence that interest rates will re...
NITI Aayog calls for ‘Operation Golden Green’ to boost J&K’s horticulture sector, increase exports
NITI Aayog released a report titled "Roadmap for Horticulture Development in the UT of Jammu and Kashmir" on April 8, 2026, pitching "Operation Golden Greens...
RBI to withdraw investment fluctuation reserve requirement for banks
The Reserve Bank of India announced its intention to withdraw the mandatory Investment Fluctuation Reserve (IFR) requirement for commercial banks The rationa...
NITI Aayog lays out roadmap for horticulture transformation in J&K
NITI Aayog released a comprehensive roadmap titled "Roadmap for Horticulture Development in the UT of Jammu and Kashmir," anchored by a mission-mode initiati...
RBI Issues Draft Directions for ‘Trade Receivables Discounting System’
The Reserve Bank of India released a comprehensive set of draft directions — Reserve Bank of India (Trade Receivables Discounting System) Directions — for pu...
RBI invites comments on Draft “Reserve Bank of India (Governance) Amendment Directions, 2026”
The Reserve Bank of India released draft Amendment Directions for bank governance on April 8, 2026, covering four categories of regulated entities: commercia...
RBI Monetary Policy Meeting LIVE Updates: Will Governor Sanjay Malhotra hold repo rate steady as the $100 oil shock hits India?
The Monetary Policy Committee (MPC) of the Reserve Bank of India met from April 6–8, 2026, under Governor Sanjay Malhotra for the first bi-monthly policy rev...
India’s data centre electricity demand makes planners go back to drawing board to map new energy security playbook
The Central Electricity Authority (CEA) is revising its national electricity demand forecasts after discovering that concentrated data centre development in ...
Government issues draft norms to standardise state, district GDP estimates
The Ministry of Statistics and Programme Implementation (MoSPI) has released draft uniform guidelines for the compilation of Gross State Value Addition (GSVA...
Government doubles 5-kg LPG cylinder quota to ease supply concerns amid Hormuz tensions
The central government has doubled the per-outlet quota for 5-kg LPG cylinders at distributorships to ease household supply concerns amid disruptions caused ...
Continued West Asia crisis deepens stress on manufacturing sector
The ongoing West Asia conflict is inflicting sustained stress on India's manufacturing sector, with MSMEs bearing a disproportionate share of the pain. MSMEs...
Oil production to take hit, output from Middle East expected to drop by 9 million barrel per day
Oil production from the Middle East is expected to drop by approximately 9 million barrels per day (mb/d) in April 2026, according to estimates from the US E...
On India’s updated climate pledges
On March 25, 2026, the Union Cabinet approved India's updated Nationally Determined Contribution (NDC) for the period 2031–2035, submitting it to the UN Fram...
Sugar exports may be capped, surplus diverted to ethanol
The government is considering capping sugar exports if the approved export quota of 1.5 million tonnes for the current season is not fully utilised due to po...
Centre may rejig spending to meet FY27 fiscal deficit target
The Indian government is reviewing its expenditure priorities to absorb new spending pressures arising from supply chain disruptions caused by the West Asia ...