Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Timely inaction: On RBI’s decision to hold repo rate
The RBI's Monetary Policy Committee (MPC), in its April 2026 bi-monthly meeting (April 6-8), unanimously voted to keep the policy repo rate unchanged at 5.25...
Two India-bound ships among a few transiting Hormuz Strait on Day 2 of ceasefire
On Day 2 of the temporary US-Iran ceasefire, only a handful of commercial vessels were transiting the Strait of Hormuz, with two India-bound tankers among th...
Fragile truce in place, India reaches out to Gulf nations
External Affairs Minister S. Jaishankar launched high-level diplomatic outreach to Gulf nations as the fragile US-Iran ceasefire took hold, with a UAE visit ...
Centre saves ₹55,000 crore as FY26 spending undershoots estimates
The central government's actual spending in FY26 (April 2025 – March 2026) fell short of the Revised Estimates (RE) by approximately ₹55,000 crore — a signif...
'Rate action unlikely in FY27; if any, it could be a rise,' say economists
Following the RBI's April 2026 MPC decision to hold the repo rate at 5.25%, economists broadly forecast no rate action through FY27 (2026-27). A minority of ...
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEO
The Federation of Indian Export Organisations (FIEO) projected a 2–3% fall in India's goods exports for FY26 due to the West Asia conflict disrupting shippin...
Macro buffers to help India tide over Gulf crisis: World Bank
The World Bank projected India's economic growth for FY27 at 6.6% — an upgrade from its earlier estimate of 6.3% — while simultaneously flagging that the bal...
PM Modi's guarantees for West Bengal - 7th Pay Commission, corrupt TMC members to be jailed
During election campaign events in West Bengal, the BJP promised to implement the 7th Pay Commission recommendations for West Bengal state government employe...
TCS profit jumps 12% on-year in Q4FY26, 28% sequentially
Tata Consultancy Services (TCS) reported a net profit of ₹13,718 crore in Q4 FY26, up 12% year-on-year and 28% sequentially from ₹10,720 crore in Q3 FY26. Re...
NHSRCL start assembling TBM for Mumbai’s 21-km bullet train tunnel, 97 days to go for completion
NHSRCL commenced assembly of the Tunnel Boring Machine (TBM) that will excavate the 16-km bored section of the Mumbai-Ahmedabad bullet train's 21-km undergro...
Amid speculation on Iran’s toll for Strait of Hormuz, India sticks to its stance of ‘free, safe’ navigation through the waterway
Iran introduced legislation in early April 2026 formally imposing tolls on vessels transiting the Strait of Hormuz, while still permitting passage to ships f...
Mumbai-Ahmedabad Bullet Train project: NHSRCL releases plan for 16 km tunnel construction
The National High Speed Rail Corporation Limited (NHSRCL) released a detailed plan for constructing the 16-kilometre Tunnel Boring Machine (TBM) section of t...
More funds flowing to villages: How 15th Finance Commission set a record for rural fund releases
An analysis of 15th Finance Commission (FC-XV) outcomes shows that grants to rural local bodies and Panchayati Raj Institutions (PRIs) reached a record high ...
Eye on energy, India rushes Jaishankar, Puri to West Asia amid fragile ceasefire
India dispatched two senior ministers simultaneously to Gulf nations to secure energy supplies during a fragile two-week US-Iran ceasefire: Petroleum Ministe...
Induction vs infrared cooktops, and how India’s electric cooking push could affect power grid
India's clean cooking transition is increasingly centred on electric alternatives to LPG — principally induction cooktops and infrared (radiant) cooktops — a...
Monitoring ongoing conflict in West Asia on a 24x7 basis like a hawk: Navy Chief
Navy Chief Admiral Dinesh Tripathi stated that the Indian military is monitoring the ongoing US-Israel-Iran conflict "on a 24×7 basis, like a hawk," watching...
Lesson from West Asia conflict is to factor-in adverse scenarios while framing policies: Oil Secretary
India's Oil Secretary (Secretary, Ministry of Petroleum and Natural Gas) highlighted that the West Asia conflict has underscored a fundamental lesson: energy...
IMF warns of deepening global food crisis as fertilizer prices surge
The IMF Managing Director warned of a deepening global food crisis, identifying three primary transmission channels through which the West Asia conflict is p...
Amid gas supply constraints, Petroleum Minister Hardeep Puri to visit Qatar on April 9, 10
Petroleum and Natural Gas Minister Hardeep Singh Puri visited Qatar on April 9–10, 2026, to address acute gas supply constraints caused by the West Asia conf...
Milky Mist beats FY26 growth estimates, IPO on track, says CEO
Milky Mist Dairy & Food, a South India-based private dairy company, reported exceeding its FY26 growth estimates and confirmed its IPO is on track. The compa...