Economics
Trade, fiscal policy, banking, agriculture and economic indicators
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...
Cabinet okays ₹84,000 crore for Samudra Manthan, extends PM-Kisan
The Union Cabinet approved "Samudra Manthan" — the National Offshore Exploration Scheme — a Central Sector Scheme of the Ministry of Petroleum and Natural Ga...
Ethanol blending saved consumers Rs 30/litre during crude spike: Govt
The petroleum ministry stated that the Ethanol Blended Petrol (EBP) Programme saved consumers close to ₹30 per litre during a recent global crude oil price s...
India, Bhutan sign Rs 4,000-crore credit pact, review development projects
India and Bhutan operationalised an Umbrella Line of Credit Agreement of Rs 4,000 crore for energy-sector projects in Bhutan, signed between the Royal Govern...
RBI tightens transparency norms on bulk deposit rates, allows LCR-linked pricing
The Reserve Bank of India (RBI) allowed banks to offer differential interest rates on bulk deposits based on the deposit's liquidity risk characteristics und...
Why rising project costs for nuclear power matter for India’s clean energy plans
Cost estimates for the four new Russian-designed reactors being added at the Kudankulam Nuclear Power Plant (KKNPP) in Tamil Nadu have risen sharply, with re...
NSE says SEBI agrees in principle on settlement offer over past lapses for ₹1,491.21 crore
The Securities and Exchange Board of India (SEBI) agreed in principle to settle all pending regulatory proceedings against the National Stock Exchange (NSE) ...
Extreme heat puts South Asia’s jobs and growth at risk: World Bank
A World Bank report on heat resilience in South Asia's cities has warned that extreme heat should no longer be treated as a seasonal emergency but must inste...
How transmission bottlenecks are threatening India’s renewable energy projects
India's renewable energy (RE) capacity addition is outpacing the transmission infrastructure needed to evacuate and deliver that power, resulting in signific...
India, Bhutan review development partnership; sign Rs 4,000-crore LoC agreement
The Foreign Secretaries of India and Bhutan co-chaired the 5th India-Bhutan Development Cooperation Talks in Thimphu, reviewing the implementation of India-a...
India climbs 25 places in global competitiveness ranking as reforms reduce market distortions
A report assessing anti-competitive market distortions across economies placed India 25 places higher than its earlier position, moving it from 82nd to 57th ...
India-EU FTA includes separate annexure to address EU carbon tax
The India-European Union Free Trade Agreement text includes a separate, dedicated annexure to address concerns arising from the EU's Carbon Border Adjustment...
India-EU FTA has work plan to address CBAM concerns: Official
The India-EU Free Trade Agreement includes a dedicated annexure to address concerns arising from the European Union's Carbon Border Adjustment Mechanism (CBA...
Comprehensive work plan in India-EU FTA to address carbon tax concerns: official
Officials confirmed that the India-European Union Free Trade Agreement text carries a dedicated annexure and a comprehensive work plan to address concerns ar...
India-EU FTA has comprehensive provisions to address CBAM issues: Official
Officials stated that the India-EU Free Trade Agreement contains provisions intended to address concerns arising from the European Union's Carbon Border Adju...
India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation
India advanced 25 places, from 82nd to 57th, in a global ranking measuring structural and pro-competitive reforms undertaken between 2010 and 2023. The ranki...
India-EU FTA includes dedicated framework to address CBAM concerns, says commerce official
The India-European Union Free Trade Agreement includes a dedicated framework to address concerns arising from the EU's Carbon Border Adjustment Mechanism (CB...
India finalising sustainable aviation fuel policy ahead of 2027 carbon rules
Aviation-sector stakeholders have been directed to accelerate readiness for Sustainable Aviation Fuel (SAF) use, as India's draft national SAF policy nears f...
India’s rice yields could fall 6.6% for every 1°C rise in global temperature
A study published in the journal *Science Advances* estimates that India's rice yields could fall by 6.6% for every 1°C rise in global mean temperature, more...