Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Singapore emerges as top FDI source in Apr-Dec FY26, high inflows from tax havens
Singapore emerged as the largest source of FDI equity inflows into India during April–December FY26, contributing USD 17.65 billion — significantly ahead of ...
Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burden
The ongoing Strait of Hormuz crisis has brought the issue of ship "flagging" rules into sharp focus, with India-flagged vessels facing higher compliance requ...
Govt revisits plan to raise wage cap for PF coverage
The central government is actively considering raising the wage ceiling for mandatory Employees' Provident Fund (EPF) coverage from the current ₹15,000 per m...
40 Years of Sensex: What It Means to India and Its People
The BSE Sensex — India's benchmark stock market index — completed 40 years of existence in January 2026, having been launched on January 2, 1986, with a base...
After delay, DGFT authorises 17 banks to import bullion for 3 years
The Directorate General of Foreign Trade (DGFT) issued a fresh notification authorising nominated banks to import gold and silver under a renewed framework v...
How Indian economy slid to 6th-largest in the world, with Japan, UK overtaking
According to the IMF's April 2026 World Economic Outlook, India's nominal GDP in 2025 is estimated at $3.92 trillion, placing it sixth globally — below Japan...
India gets invite to join UK-France initiative to secure Strait of Hormuz transit
India received an invitation to join the UK-France led Strait of Hormuz Maritime Freedom of Navigation Initiative ahead of the Paris summit on April 17, 2026...
Maize prices crash below MSP in Telangana; farmers want State Govt to procure produce
Maize prices in Telangana have crashed to ₹1,600–1,700 per quintal, well below the Minimum Support Price (MSP) of ₹2,400 per quintal for the 2025-26 season. ...
Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2026
SEBI has notified the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2026 by publishing them in the Official Gazette on Apr...
India’s share of global GDP projected to hit 7% by 2050: McKinsey
A McKinsey & Company report released April 17, 2026, projects India's share of global GDP will nearly double from 3.7% in 2025 to 7.0% by 2050, making it the...
Industries urge GST Council to allow inverted duty refunds on input services
Industry bodies and tax experts have urged the GST Council to extend refund eligibility for accumulated Input Tax Credit (ITC) to input services, not just in...
India’s wheat procurement plummets 40% due to delayed start in Madhya Pradesh
India's official wheat procurement for the Rabi Marketing Year (RMY) 2026-27 stood at only 51.34 lakh tonnes as of April 16, 2026 — approximately 40% lower t...
OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake: Report
OpenAI has agreed to spend more than $20 billion over three years on servers powered by Cerebras Systems chips, with total potential spending reaching $30 bi...
Venezuela, IMF, World Bank restore relations, paving way for investment
The International Monetary Fund (IMF) and the World Bank Group announced the resumption of formal relations with Venezuela, recognising the administration of...
Chirag Paswan flags spice export quality issues, says rejections are “disheartening and embarrassing”
Union Minister Chirag Paswan (Minister of Food Processing Industries) flagged persistent quality issues in India's spice exports, calling overseas rejections...
Tea bodies urge PM Modi to allow producers freedom to choose mode of sale
Four leading tea producer associations from Assam and West Bengal — Assam Bought Leaf Tea Manufacturers Association, North Eastern Tea Association, Bharatiya...
Falling prices leave Kashmir apple growers, traders distressed
Wholesale prices of Kashmir apples in markets outside Jammu and Kashmir fell by 30–40%, driven by rising temperatures causing early and rapid ripening, a con...
Iran declares Strait of Hormuz open after Lebanon truce; Trump says blockade to continue
Iran declared the Strait of Hormuz "completely open" for commercial shipping on April 17, 2026, for the duration of the ongoing U.S.-Iran truce. The ceasefir...
India, Austria launch Fast-Track Investment Mechanism; flag India-EU FTA as key trade driver
India and Austria jointly announced the establishment of a Fast-Track Investment Mechanism (FTIM) during the official visit of Austrian Chancellor Christian ...
Indian refiners pay for Iran oil in yuan via ICICI Bank, sources say
Indian Oil Corporation (IOC) and Reliance Industries — both of whom purchased Iranian crude under a temporary US general licence — are settling trade payment...