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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
12 12

Coal gasification key to build long-term resilience against global energy shocks: Experts

Experts and industry analysts have highlighted coal gasification as India's most viable near-term hedge against global energy supply shocks, particularly in ...

GS Paper 3 (Energy Security Science & Technology Economy) Economics Geography Science & Technology 6m
12 12

India gets its UPI for EV charging as Kumaraswamy unveils unified Bharat e-charge

The Unified Bharat e-Charge (UBC) platform was unveiled on May 12, 2026, at a high-level meeting chaired by the Ministry of Heavy Industries in Bengaluru. UB...

GS Paper 3 (Science & Technology Infrastructure Energy) Science & Technology Economics Polity & Governance 5m
12 12

On first PM visit to Norway in 4 decades, Modi and hosts to discuss long-term LPG deal

An Indian Prime Ministerial visit to Norway is scheduled for May 18–19, 2026 — the first such visit in 43 years, since the last one in 1983. Bilateral talks ...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security) International Relations Economics 5m
12 12

Policy planners outline India’s economic response after PM’s call for energy discipline

Following an appeal by the head of government for citizens to conserve fuel, reduce unnecessary foreign travel, avoid gold purchases, and shift to public tra...

GS Paper 3 GS Paper 2 (International Relations) Economics International Relations 5m
12 12

India's gold imports: How it impacts our economy | An explainer

India's gold imports rose 24 percent to an all-time high of USD 71.98 billion in 2025-26, up from USD 58 billion in 2024-25, driven overwhelmingly by a sharp...

GS Paper 3 (Indian Economy Trade Resource Mobilisation) Economics 6m
12 12

Planing 500 delegations, outreach to 1,600 industry chambers to boost FTA utilisation: Piyush Goyal

The Ministry of Commerce and Industry has announced a comprehensive FTA utilisation plan: sending 500 trade delegations to FTA partner countries over the nex...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy / Foreign Trade) Economics International Relations 4m
12 12

India-Oman FTA likely to come into force from June 1: Piyush Goyal

The India-Oman Comprehensive Economic Partnership Agreement (CEPA), signed in Muscat on December 18, 2025, is expected to come into force on June 1, 2026, ma...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy / Foreign Trade) Economics International Relations 4m
12 12

Moody's slashes 2026 India growth forecast to 6%

Moody's Ratings, in its Global Macro Outlook May 2026 update, cut India's GDP growth forecast for calendar year 2026 by 0.8 percentage points to 6 percent, c...

GS Paper 3 (Indian Economy Growth and Development) Economics 5m
12 12

IMD launches two AI-enabled advanced weather forecast systems

The India Meteorological Department launched two advanced AI-powered weather forecasting systems on May 12, 2026, under the Ministry of Earth Sciences. The f...

GS Paper 1 (Geography) GS Paper 3 (Science & Technology Agriculture) Science & Technology Geography Economics 4m
12 12

West Asia crisis a balance of payments stress test, India better placed to navigate: Nageswaran

The Chief Economic Advisor (CEA) described the West Asia conflict as a "live balance of payments stress test," emphasising that its consequences for India's ...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
12 12

GST Council to explore simplifying procedures, clarify taxation of ride-hailing apps

The GST Council is likely to meet before mid-July 2026 to consider proposals to simplify GST procedures and clarify the taxation of ride-hailing app companie...

GS Paper 2 (Government Policies) GS Paper 3 (Indian Economy) Economics Polity & Governance 4m
11 11

Farmers take out rally demanding legal guarantee for MSP

Thousands of farmers under the banner of the All India United Kisan Sabha (AIUKS) held a massive rally in Yellandu town, reiterating the demand for a legal g...

GS Paper 3 Economics Polity & Governance 3m
11 11

India-US trade talks set for next round, but Section 301 probe remains hurdle

A fresh round of India-US Bilateral Trade Agreement (BTA) talks is expected, with a US trade delegation anticipated to visit for comprehensive discussions co...

GS Paper 2 (International Relations Bilateral Groupings) GS Paper 3 (Economy Trade Policy) International Relations Economics 5m
11 11

End of an era: VB–G RAM G to replace MGNREGA on July 1 as Centre notifies rollout

The Central Government has officially notified the rollout date for the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, commonly ...

GS Paper 2 (Social Justice Governance) GS Paper 3 (Indian Economy) Polity & Governance Social Issues Economics 5m
11 11

Why PM Modi has asked Indians to reduce spending on gold, petrol, edible oils

With India's foreign exchange reserves under pressure from surging crude oil prices following the Iran conflict, attention has turned to the composition of I...

GS Paper 3 (Indian Economy — Effects of Liberalisation on the Economy Balance of Payments) Economics International Relations 7m
11 11

Centre notifies 1% construction welfare cess, but old BOCW challenges persist

The Central Government has issued a fresh notification reaffirming the Building and Other Construction Workers' (BOCW) welfare cess rate at 1% of the cost of...

GS Paper 2 (Social Justice Labour Rights) GS Paper 3 (Indian Economy) Polity & Governance Social Issues Economics 5m
11 11

India adds record 44 GW solar capacity in 2025, total reaches 150 GW

India added a record 44 gigawatts (GW) of solar power capacity in 2025, its highest-ever annual addition, bringing total installed solar capacity to 150 GW. ...

GS Paper 3 (Environment Economy) Economics Environment & Ecology 6m
11 11

India, Peru to hold talks on free trade pact in June

India and Peru are set to hold the next round of Free Trade Agreement negotiations in June 2026, following the most recent round concluded in Lima; a deal is...

GS Paper 2 (International Relations) GS Paper 3 (Economy Resource Security) Economics International Relations 4m
11 11

Urban unemployment rate eases to 6.6% in March quarter: PLFS

The National Statistics Office (NSO) released the Periodic Labour Force Survey (PLFS) Quarterly Bulletin for January–March 2026, showing the urban Unemployme...

GS Paper 3 (Economy Employment Growth) GS Paper 1 (Social Issues) Economics Social Issues 5m
11 11

Maize emerges as India’s top ethanol feedstock as supplies surpass 515 crore litres

India's cumulative ethanol supplies reached approximately 515 crore litres in the first half of Ethanol Supply Year (ESY) 2025-26 — nearly 49% of the contrac...

GS Paper 3 (Economy Environment) Economics Environment & Ecology 5m
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