Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India's April-February fiscal deficit at 80% of 2025/26 target
India's fiscal deficit for April–February 2025-26 stood at Rs 12.52 lakh crore, or 80.4% of the full-year budget estimate of Rs 15.58 lakh crore This is an i...
India’s e-bus market jumps 44%; Switch, PMI lead
India's electric bus market saw robust growth in 2025, with newer pure-play EV manufacturers Switch Mobility and PMI Electro Mobility displacing legacy comme...
No change in interest rates on small savings schemes
The Ministry of Finance announced that interest rates on small savings schemes will remain unchanged for the April-June 2026 quarter (Q1 FY 2026-27), marking...
IRDAI approves India AS framework for insurers from April 1
The Insurance Regulatory and Development Authority of India (IRDAI) approved the India AS (Indian Accounting Standards) framework for implementation by all c...
Amidst West Asia crisis, India purchased natural gas at $19/unit from spot markets for fertiliser units
India purchased natural gas (LNG) at $19 per MMBtu from international spot markets to keep fertilizer manufacturing plants operational, as the West Asia conf...
On track to achieve ₹30,000 crore in road monetisation: NHAI
The National Highways Authority of India (NHAI) has mobilised ₹28,307 crore in FY26 through a combination of Infrastructure Investment Trust (InvIT) and Toll...
SECI inks 7.24 lakh tonnes/ year green ammonia supply agreements with fertiliser films
The Solar Energy Corporation of India (SECI) has signed green ammonia supply agreements with fertiliser companies for 7.24 lakh tonnes per year, under Tranch...
Fiscal deficit until February eases to 80.4% of FY26 target
India's fiscal deficit for April 2025 to February 2026 stood at ₹12.53 lakh crore, equal to 80.4% of the full-year FY26 target of ₹15.58 lakh crore (4.4% of ...
India taps new sources to plug fertilizer gap ahead of kharif season
India currently holds approximately 180 lakh tonnes (18 million tonnes) of fertilizer stock, against a requirement of around 390 lakh tonnes (39 million tonn...
RBI should use forex reserves to prop up rupee: SBI report
The State Bank of India's economic research department released a report recommending that the Reserve Bank of India (RBI) actively deploy its substantial fo...
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman told the Lok Sabha on March 30, 2026 that India's economic fundamentals are strong and the rupee is "absolutely going fin...
Pulses import duties likely to stay unchanged
The government decided to maintain current import duty rates on pulses and extend the duty-free import period for tur (pigeon pea) and urad (black gram) to p...
IBC helped banks recover 52% bad loans: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman told Lok Sabha that the Insolvency and Bankruptcy Code (IBC) contributed ₹54,528 crore out of total bank bad-loan recover...
India must pursue value-driven critical minerals diplomacy in Africa
A major policy analysis piece argues India must shift from a transactional "resource extraction" model to a "value-driven" critical minerals diplomacy with A...
RBI defers implementation of the Amendment Directions on Capital Market Exposures to July 1, 2026
The Reserve Bank of India (RBI) announced a deferral of the implementation of its Amendment Directions on Capital Market Exposures to July 1, 2026, from the ...
10 foreign-flagged tankers with oil, gas bound for India remain stranded in Persian Gulf
At least 10 foreign-flagged tankers loaded with crude oil and LPG destined for India remain stranded in the Persian Gulf as of March 30, 2026, unable to safe...
Lok Sabha passes Bill to amend Insolvency and Bankruptcy Code: Sitharaman says law helped improve banking sector’s health
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introducing a new pre-packaged insolvency mechanism alongside the existing Co...
IBC amendments boost transparency, strengthen insolvency framework: Sitharaman
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 — tabled by Finance Minister Nirmala Sitharaman during the Budget Session 2026 — was passed by Lok ...
WTO e-commerce tax moratorium lapses as India, others oppose extension
The WTO's moratorium on customs duties on electronic transmissions has formally lapsed following the failure of MC14 to agree on its extension. Countries are...
Australia-EU FTA deal has Indian experts seeking GI tag for basmati rice
The recently concluded Free Trade Agreement between Australia and the European Union includes a comprehensive Geographical Indication (GI) protection framewo...