Economics
Trade, fiscal policy, banking, agriculture and economic indicators
OPEC+ to make small oil output quota hike for July
Seven key members of OPEC+ — Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and Oman — agreed on a fourth consecutive monthly increase in oil outpu...
Panic buying pushes urea and DAP sales to record levels in Maharashtra, Punjab, Haryana and Karnataka
Urea sales rose nearly 10% year-on-year and DAP (Di-Ammonium Phosphate) sales surged by 39.32% between March 1 and May 25, 2026 — coinciding with the outbrea...
Crude price fears won't derail economy: PM-EAC's Neelkanth Mishra says India can grow over 8% amid West Asia tensions
A member of the Prime Minister's Economic Advisory Council (PM-EAC), who also serves as World Bank Executive Director for India, stated that crude oil price ...
India-Indonesia ties deepen as EAM Jaishankar outlines blueprint for defence, trade cooperation
India's External Affairs Minister co-chaired the 8th India-Indonesia Joint Commission Meeting (JCM) in New Delhi with Indonesia's Foreign Minister — the firs...
Indian firms received far less govt support than Chinese peers during 2005-24: OECD report
The OECD released its MAGIC Database of Industrial Subsidies (June 2026), the first large-scale firm-level global monitoring of industrial support across 15 ...
How geopolitical flashpoints are spurring global supply chain diversification
Geopolitical disruptions — the US-Iran conflict and Strait of Hormuz closure, ongoing Russia-Ukraine fallout, US-China technology decoupling, and South China...
Why did Supreme Court back curbs on online gaming?
The Supreme Court, in a bench comprising Justice J.B. Pardiwala and Justice R. Mahadevan, upheld the constitutional validity of imposing 28% Goods and Servic...
APEDA Facilitates First Export of Fresh Mangoes from Jharkhand to United Kingdom
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, flagged off the first commerc...
Ease of Doing Business: Strengthening India’s Business Framework
The government has released a comprehensive account of wide-ranging reforms that have transformed India's business environment through digital governance, re...
India’s growth faces crude and monsoon test as FY27 GDP seen moderating to 6.5%
Research reports by brokerage firms Dolat Capital and ICICI Global Markets projected India's GDP growth to moderate to approximately 6.5% in FY27 (2026-27), ...
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank exec
A senior World Bank executive who also serves on the Prime Minister's Economic Advisory Council (PM-EAC) assessed that India's economic growth can exceed 8%,...
Reforms to Expand Foreign Participation in G-Secs
The Government announced a package of reforms to expand Foreign Portfolio Investor (FPI) participation in Government Securities (G-Secs), with the goal of de...
Report on Datasets for State Finance Commissions to be Released on 8th June 2026
The Ministry of Panchayati Raj released the Report of the Committee on Datasets for State Finance Commissions on June 8, 2026, at a function in New Delhi. Th...
Why did Supreme Court back curbs on online gaming? | Explained
The Supreme Court upheld a 28% Goods and Services Tax (GST) on online money gaming, fantasy sports, and casinos, rejecting industry challenges against the le...
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
India's GDP grew at 7.8% in the fourth quarter of FY26 (January–March 2026), beating analyst expectations and marking an acceleration from earlier quarters. ...
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
The Monetary Policy Committee (MPC) of the Reserve Bank of India kept the repo rate unchanged at 5.25% and retained a neutral policy stance at its June 2026 ...
India-Oman to implement CEPA on Monday
The India-Oman Comprehensive Economic Partnership Agreement (CEPA), signed on December 18, 2025, came into force on June 1, 2026 — marking a significant deep...
National Family Health Survey-6 findings | Complete coverage from The Hindu
The Ministry of Health and Family Welfare released the National Family Health Survey–6 (NFHS-6) covering data collected in 2023–24, surveying approximately 6...
New IIP series with FY23 base year to be out on Monday; credit-debit cards in, sewing machines out
The Ministry of Statistics and Programme Implementation (MoSPI) released a revised Index of Industrial Production (IIP) series with a new base year of 2022-2...
Interim trade deal: US may offer to lock-in India’s tariffs to insulate from Section 301 penalties
A visiting US trade team in New Delhi proposed locking in India's tariff levels as part of an interim trade agreement, insulating Indian exports from potenti...