Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India eyes Rwanda’s critical minerals as both sides expand trade agenda
The inaugural India-Rwanda Joint Trade Committee (JTC) meeting was held in New Delhi over two days. Both sides identified critical minerals, healthcare and p...
Viksit Bharat 2047 under threat? World Bank says extreme heat costs South Asia 31 million jobs every year
A World Bank report titled "A Livable Future: Protecting Jobs and Growth from Extreme Heat in South Asia's Cities" found that extreme heat already costs Sout...
India-China trade through Shipli La resumes after six years
Border trade through the Shipki La pass in Himachal Pradesh's Kinnaur district resumed on 1 August after a six-year suspension. The state's Revenue and Horti...
India’s balancing act to attract more investment from China, U.S. and boost trade
India has made gradual, incremental relaxations to long-held foreign investment and trade-defence policies over the past year. Changes include easing restric...
Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’
The Union Cabinet approved the Samudra Manthan National Offshore Exploration Scheme with a total outlay of ₹84,084 crore, to be implemented up to FY 2030-31 ...
Centre releases additional ₹1.09 lakh crore in tax devolution to states
The Union government released an additional instalment of tax devolution amounting to approximately Rs 1.09 lakh crore (reported as Rs 1,09,019 crore) to sta...
Why biological agri inputs could be India’s next success story
A case has been made for a dedicated legislative framework for biological agri inputs — biofertilizers, biopesticides, and biostimulants — recognising that e...
Rice yield loss with every 1°C temperature increase
A new field-based study finds that India could lose about 6.6% of rice yield for every 1°C rise in temperature, more than three times higher than the 3.8% lo...
Critical mineral demand to surge through 2040, supply gaps to persist: IEA
A report projects that meeting future critical mineral demand will require more than $750 billion in mining and refining investment between now and 2040 unde...
Climate change could erase thousands of jobs in India's cities by 2050: World Bank
A World Bank report projects significant job and income losses in Indian and South Asian cities due to extreme heat, with the effects intensifying by 2050 Ex...
Govt extends PM-Kisan yojana
The government extended the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme for a further five-year period, running until financial year 2030-31. The ext...
Cabinet approves scheme to promote ‘floating’ solar plants
The Union Cabinet approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY), a scheme to develop Floating Solar Photovoltaic (FSPV) projects with co-located ...
Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’
The Union Cabinet approved "Samudra Manthan" — the National Offshore Exploration Scheme — a Central Sector Scheme of the Ministry of Petroleum and Natural Ga...
Cabinet approves extension of PM-KISAN scheme till FY’31
The Union Cabinet approved a five-year extension of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, taking its operational period through to financi...
Samudra Manthan: Govt to boost offshore exploration for oil & gas with $8.8 billion push
The Union government approved the Samudra Manthan National Offshore Exploration Scheme, with a total outlay of ₹84,084 crore (approximately $8.8 billion), to...
Centre extends PM-Kisan for four more years, allocates ₹3.15 lakh crore
The Union Cabinet approved continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme for a further five years, from 2026-27 to 2030-31, with a ...
A deep dive with Rs 84,084 crore scheme for offshore oil and gas exploration
The Union Cabinet approved "Samudra Manthan" — the National Offshore Exploration Scheme — a Central Sector Scheme of the Ministry of Petroleum & Natural Gas ...
PM-KISAN scheme gets 5-year extension and Rs 3.1 lakh crore
The Union Cabinet approved continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from 2026-27 to 2030-31, with a total financial outlay of ...
Government greenlights Rs 84,000-crore scheme to boost offshore oil & gas exploration, production
The Union Cabinet approved the "Samudra Manthan" (National Offshore Exploration Scheme) with a total outlay of ₹84,084 crore, to be spent till 2030-31 The sc...
India monitoring US Bill proposing 100% tariffs on Russian energy buyers: MEA
A revised bipartisan bill in the United States Senate, reported as the "Sanctioning Russia Act of 2026," proposes tariffs of up to 100% on the top five purch...