Economics
Trade, fiscal policy, banking, agriculture and economic indicators
‘Economic necessity & talent-building CSR tool’—Centre urges India Inc. to scale up PM Internship Scheme
The Ministry of Corporate Affairs urged large companies to treat apprenticeship programmes as both an economic necessity and a Corporate Social Responsibilit...
India doubles platinum import duty, raises costs for diesel SUVs and hybrids
The government raised the import duty on platinum to 15.4% from 6.4%, effective May 13, 2026 — effectively more than doubling the previous rate, as part of t...
Centre more than doubles tariffs on gold, silver to defend rupee
The government raised import duties on gold and silver with effect from May 13, 2026, more than doubling the effective rate from 6% to 15%. The revised struc...
India targets $1 trillion exports as FTAs now cover two-thirds of global trade: Piyush Goyal
India now has preferential trade access covering two-thirds of global trade, following the conclusion of multiple free trade agreements since 2021. The FTAs ...
Govt raises paddy MSP by ₹72 to ₹2,441/quintal for 2026-27
The CCEA approved an increase of ₹72/quintal in paddy MSP for the 2026-27 kharif marketing season (procurement begins September–October 2026). Common paddy M...
U.S. appeals court halts order declaring Trump’s global 10% tariff illegal
The US Court of Appeals for the Federal Circuit on May 12, 2026 issued an administrative stay on an order by the US Court of International Trade (CIT) that h...
Government doubles import duty on gold & silver, effective rate now at 18.4%
Following the revision of gold and silver import tariffs to 15% (Basic Customs Duty 10% + AIDC 5%), the total effective import levy on gold — including Integ...
What the AMH test tells you about your fertility and what it does not
A clinically informed article explained what the Anti-Müllerian Hormone (AMH) test measures, why it has become widely used in fertility assessment, and — cru...
Centre increases MSP for kharif crops, farm groups say rise inadequate amid rising input costs
The CCEA approved MSP hikes for 14 kharif crops for the 2026-27 marketing season; all notified crops maintain at least 50% return above A2+FL production cost...
Govt hikes import duty on gold, silver to 15 pc to curb non-essential imports, save forex reserves
The Finance Ministry raised the Basic Customs Duty (BCD) on gold and silver from 5% to 10%, effective May 13, 2026, with the Agriculture Infrastructure and D...
State MSP bonuses fuelling excess rice procurement, warns CACP
The Commission for Agricultural Costs and Prices (CACP) has flagged that state governments offering bonuses above the Union Government's announced MSP for pa...
Import duty on gold, silver more than doubled to curb imports, support rupee
The Union government raised the import duty on gold and silver from 6 percent to 15 percent, effective May 13, 2026. The revised structure comprises a 10 per...
Cabinet raises Minimum Support Prices for 14 kharif crops
The Cabinet Committee on Economic Affairs (CCEA) approved Minimum Support Prices (MSPs) for 14 kharif crops for the 2026-27 marketing season. Sunflower seed ...
Operating framework for facilitating Outward Remittance services by non-bank entities through Authorized Dealer (Category I) banks in India
The Reserve Bank of India (RBI) has issued an operating framework governing the facilitation of outward remittance services by non-bank Payment Service Provi...
India hikes gold and silver tariffs to 15% to curb imports, support rupee
The central government raised the import tariff on gold and silver to 15% effective May 13, 2026, through customs notifications issued on May 12, 2026. The n...
Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flow
The Prime Minister's Office (PMO) is coordinating a multi-ministry effort to mitigate the economic impact of the West Asia conflict, with officials at the Fi...
India books phosphate fertilizer at 40% above pre-war prices
Indian Potash Ltd. (IPL) contracted approximately 1.35 million tonnes of Diammonium Phosphate (DAP) fertilizer — a record volume in a single tender — at $930...
India-Oman FTA on track for June 1 start even as deal with Chile hits hurdles, says Commerce Minister
The India-Oman Comprehensive Economic Partnership Agreement (CEPA), signed in December 2025, is on track to come into force from June 1, 2026, following Oman...
India launches new IFAD-backed programme to boost rural incomes and climate resilience
The Government of India and the International Fund for Agricultural Development (IFAD) jointly launched the Country Strategic Opportunities Programme (COSOP)...
New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: Official
The Income Tax Act, 2025, came into force on April 1, 2026, replacing the Income Tax Act, 1961, which had governed direct taxation in India for over six deca...