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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
26 26

Quad expands critical minerals, maritime cooperation amid China’s growing Indo-Pacific posturing

At the 11th Quad Foreign Ministers' Meeting in New Delhi, the grouping formally launched two major new initiatives: the Quad Critical Minerals Framework and ...

GS2 (International Relations) GS3 (Economy Energy Security Environment) International Relations Environment & Ecology Economics 5m
26 26

India expands mineral security push with new critical minerals, rare earth framework with the US

India and the United States signed a bilateral framework titled "Framework on the Securing of Supply in the Mining and Processing of Critical Minerals and Ra...

GS2 (International Relations) GS3 (Economy Science & Technology) International Relations Economics Science & Technology 6m
26 26

Prime Minister of Canada Mr. Mark Carney Calls India-Canada CEPA a “Game Changer” as Shri Piyush Goyal Holds High-Level Talks in Ottawa

India's Union Minister of Commerce and Industry arrived in Ottawa leading the largest-ever Indian business delegation to Canada, comprising industry leaders ...

GS2 (International Relations) GS3 (Indian Economy Trade Agreements) International Relations Economics 5m
26 26

Why is the Indian rupee falling?

The Indian rupee has depreciated significantly against the US dollar in 2026, falling approximately 7–11% in FY26 — its steepest annual decline in 13 fiscal ...

GS3 (Indian Economy) Economics 5m
26 26

India, US seal critical minerals and rare earths pact amid global supply chain race

India and the United States signed a bilateral framework agreement on securing the supply, mining, and processing of critical minerals and rare earth element...

GS2 (International Relations Bilateral Agreements) GS3 (Technology Economic Security) International Relations Economics Science & Technology 5m
26 26

Quad vows to invest $20 billion towards critical minerals supply chains

India, Australia, Japan, and the United States unveiled the Quad Critical Minerals Initiative Framework at the Quad Foreign Ministers' Meeting in New Delhi o...

GS2 (International Relations Multilateral Groupings) GS3 (Minerals Technology Economic Security) International Relations Economics Science & Technology 6m
26 26

‘Uninterrupted flow of global commerce’: Quad launches Indo-Pacific energy security framework amid Hormuz crisis

The Quad foreign ministers, meeting in New Delhi on May 26, 2026, launched the Quad Initiative on Indo-Pacific Energy Security, a new framework to strengthen...

GS2 (International Relations Groupings India's Foreign Policy) GS3 (Energy Security Infrastructure) International Relations Economics Science & Technology 6m
26 26

Watch: Is biogas the next big fuel?

The 2026 Strait of Hormuz crisis — triggered by the US-Iran conflict — has disrupted approximately 50% of India's crude oil and most of its LPG supply that t...

GS3 (Energy Security Environment) GS2 (International Relations) Economics Environment & Ecology International Relations 5m
25 25

India to revamp IIP with new base year, wider coverage from June 1

The Ministry of Statistics and Programme Implementation (MoSPI) will release the revamped Index of Industrial Production (IIP) on June 1, 2026, shifting the ...

GS Paper 3 Economics 4m
25 25

Reserve Bank of India cut its risk buffer citing macro factors, dividend to Centre rose by Rs 92,000 crore

The Reserve Bank of India's Central Board approved a record surplus transfer of Rs 2,86,588 crore (approximately Rs 2.87 lakh crore) to the Central Governmen...

GS Paper 3 (Indian Economy Monetary Policy) Economics Polity & Governance 6m
25 25

US hopes to clinch trade deal soon but India wants tariff clarity

The United States has expressed confidence in concluding an interim bilateral trade agreement with India in the near term, but India has signalled it needs g...

GS Paper 2 GS Paper 3 International Relations Economics 5m
25 25

Nirmala Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism

The Finance Ministry has articulated a three-pronged framework — "3Fs: Fuel, Fertiliser, and Forex" — to describe the primary economic pressure points that I...

GS Paper 3 Economics Polity & Governance 5m
25 25

Parliamentary panel to discuss impact of West Asia crisis on India's maritime trade

The Parliamentary Standing Committee on Transport, Tourism, and Culture convened to examine the "Implications of the West Asia Crisis on India's Maritime Tra...

GS Paper 2 (Polity International Relations) GS Paper 3 (Infrastructure Economy) Polity & Governance International Relations Economics 6m
25 25

FM Nirmala Sitharaman reveals petrol & diesel excise duty cut will hit govt revenues by ₹1 lakh crore

The Finance Ministry confirmed that the excise duty cuts on petrol and diesel announced in March 2026 will result in a revenue loss of approximately ₹1 lakh ...

GS Paper 3 (Economy Government Budgeting) Economics Polity & Governance 5m
25 25

West Asia crisis likely to push fertilizer subsidy beyond ₹3 lakh crore in FY27

The ongoing West Asia crisis has sharply driven up global prices of fertilizer raw materials — particularly urea (approaching $700 per tonne) and DAP (Diammo...

GS Paper 2 (Governance) and GS Paper 3 (Economy) Economics International Relations 5m
25 25

Fertiliser subsidy expected to exceed ₹3 lakh crore in FY27 if geopolitical tensions continue

India's fertiliser subsidy expenditure for FY2026-27 could exceed ₹3 lakh crore if geopolitical tensions in West Asia continue to disrupt global fertiliser s...

GS Paper 3 Economics 5m
25 25

Fuel prices up ₹7.5 in 10 days after fourth hike by ₹2.8 per litre

Petrol and diesel retail prices have been revised upward four times in approximately ten days, resulting in a cumulative increase of around ₹7.50 per litre f...

GS Paper 3 Economics Polity & Governance 5m
25 25

India's wheat procurement surges past 34 million tonnes, bolsters food buffers

Wheat procurement under the Rabi Marketing Season (RMS) 2026-27 crossed 34 million tonnes, nearing the revised target of 34.497 million tonnes — a record sur...

GS Paper 3 (Agriculture Food Security Government Schemes) Economics 4m
25 25

RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra

The Reserve Bank of India's Governor has stated that the central bank is prepared to take all necessary steps to curb excessive volatility in the rupee excha...

GS Paper 3 Economics 4m
25 25

India to strengthen EV shield against oil imports with fresh subsidies: Report

The government is set to significantly increase subsidies for electric two-wheelers under the PM E-Drive scheme, with the Ministry of Heavy Industries propos...

GS Paper 3 (Environment Economy Infrastructure) Economics Science & Technology 6m
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