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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
25 25

RBI to examine role of quantum technology in strengthening financial sector

The Reserve Bank of India announced the formation of the Q-SAFE expert committee to examine how quantum technology can both strengthen and threaten India's f...

GS Paper 3 (Science & Technology Economy) Science & Technology Economics 4m
25 25

WAsia crisis: FM urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism

Addressing SIDBI's 37th Foundation Day (May 25, 2026, Mumbai), the Finance Ministry formally articulated the "3Fs" policy response framework — Fuel, Fertilis...

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

The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain

Amid the escalating West Asia conflict, the Finance Ministry outlined India's macroeconomic strategy, centred on the "3Fs" framework — Fuel security, Fertili...

GS Paper 3 (Economy Government Budgeting Resource Mobilisation) Economics International Relations 6m
25 25

India proposes broad revamp of industrial output index ahead of new series

The Ministry of Statistics and Programme Implementation (MoSPI) has proposed a comprehensive revamp of India's Index of Industrial Production (IIP), the prim...

GS Paper 3 (Indian Economy) Economics 6m
25 25

Evening news wrap: Sitharaman flags concerns over '3Fs' amid Gulf conflict; Bengal govt opens first 'holding centre' & more

The Finance Ministry, speaking at SIDBI's 37th Foundation Day (May 25, 2026, Mumbai), articulated India's primary vulnerabilities from the ongoing West Asia ...

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

Quantum Secure and Adaptive Financial Ecosystem (Q-SAFE) – Setting up of an Expert Committee

The Reserve Bank of India constituted an eight-member expert committee on May 25, 2026, under the initiative "Quantum Secure and Adaptive Financial Ecosystem...

GS Paper 3 (Science & Technology Economy) Science & Technology Economics 5m
25 25

India’s economy likely ended FY26 on firm footing despite worsening Iran war impact

India's economy closed fiscal year 2026 (April 2025–March 2026) on a stronger-than-expected footing, with Q4 FY26 GDP growth accelerating to 7.8% and full-ye...

GS Paper 3 (Indian Economy Growth and Development) Economics 5m
24 24

Indian Railways’ finances are under strain. Here is how a Supreme Court order could worsen it

On 8 May 2026, a Supreme Court bench of Justices Dipankar Datta and Satish Chandra Sharma ruled that Indian Railways is a "consumer" under the Electricity Ac...

GS Paper 2 GS Paper 3 Polity & Governance Economics 5m
24 24

India on an FTA signing spree, but limited utilisation & widening trade deficits temper gains

India has signed or concluded several major trade agreements since 2021, including CEPAs with Mauritius (2021) and UAE (2022), ECTA with Australia (2022), TE...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Trade) Economics International Relations 5m
24 24

Marco Rubio in India LIVE: Jaishankar addresses National Day reception at the U.S. Embassy

The US Secretary of State visited India on May 24, 2026, meeting with the External Affairs Minister and the Prime Minister as part of a broader engagement th...

GS Paper 2 (IR International Institutions) GS Paper 3 (Indian Economy Trade) International Relations Economics 4m
24 24

The green strategic partnership: India and Norway chart a sustainable future

An Indian Prime Minister visited Norway for the first time in over 40 years (since 1986), marking a major diplomatic milestone in India-Nordic engagement. In...

GS Paper 2 (IR) GS Paper 3 (Environment Economy) International Relations Environment & Ecology Economics 5m
24 24

Critical minerals, AI, nuclear ties take centre stage as Jaishankar, Rubio review India-US partnership

The External Affairs Minister and the US Secretary of State held comprehensive bilateral discussions in New Delhi on May 24, 2026, covering critical minerals...

GS Paper 2 (IR) GS Paper 3 (S&T Economics) International Relations Science & Technology Economics 5m
24 24

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

The department-related Parliamentary Standing Committee on Transport, Tourism and Culture convened on May 25, 2026 to examine the implications of the West As...

GS Paper 2 (International Relations) GS Paper 3 (Economy Energy Security) International Relations Economics 4m
24 24

US overtakes Mauritius to become India’s 2nd largest FDI source as inflows cross $11 billion mark

The United States has become India's second-largest source of Foreign Direct Investment (FDI) in FY2025-26, overtaking Mauritius — a shift marking a structur...

GS Paper 2 (India-US Relations) GS Paper 3 (Indian Economy FDI) Economics International Relations 5m
24 24

How a Supreme Court verdict may put Railways’ finances under strain

The Supreme Court, in *Indian Railways v. West Bengal State Electricity Distribution Company Limited & Others* (2026 INSC 464), held in May 2026 that Indian ...

GS Paper 2 (Statutory Bodies Regulatory Institutions) and GS Paper 3 (Infrastructure Energy Railways) Polity & Governance Economics 6m
24 24

Surviving a city on ₹13,690

The Uttar Pradesh government revised minimum wages effective April 2026 — the first substantive revision in 12 years — increasing wages for unskilled workers...

GS Paper 1 (Social Issues) GS Paper 2 (Government Policies) GS Paper 3 (Indian Economy Labour) Economics Social Issues 6m
24 24

No signs of industrial degrowth in India; readying plan to spur investments in some sectors: Piyush Goyal

The central government has stated that there are no signs of industrial degrowth in India, even as global trade disruptions — including the Iran war and supp...

GS Paper 3 (Indian Economy Industrial Policy Internal Security of Supply Chains) Economics 5m
24 24

No love in Tokyo for mangoes from India this season

Japan has suspended fresh mango imports from India following a March 2026 inspection that identified deficiencies in fumigation procedures and disinfection s...

GS Paper 2 (International Relations Bilateral Trade) GS Paper 3 (Indian Economy Agriculture Exports) Economics International Relations 6m
23 23

5-nation tour pacts to drive job growth: PM Modi

The Prime Minister concluded a five-nation visit to the United Arab Emirates, the Netherlands, Sweden, Norway, and Italy (May 15–20, 2026), the most extensiv...

GS Paper 2 (International Relations Bilateral Relations) GS Paper 3 (Economy) International Relations Economics 5m
23 23

India to become major defence exporter in 25-30 years: Rajnath Singh

The Union Defence Minister addressed the Society of Indian Defence Manufacturers (SIDM), asserting that India — historically one of the world's largest arms ...

GS Paper 2 (Security) GS Paper 3 (Economy Defence) Internal Security Economics 4m
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