Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Hutti dazzles as gold prices soar in world market
Hutti Gold Mines Company Limited (HGML) — the only functioning primary gold producer in India — recorded a revenue increase of ₹633.34 crore more in 2025–26 ...
Why did Kerala scrap the SilverLine project?
The Kerala state government officially scrapped the SilverLine semi-high-speed rail project (also known as K-Rail) in May 2026, denotifying all land acquisit...
A ship-sized hole in the budget
Fuel prices in India have been raised multiple times within a 10-day period in May 2026, driven by the ongoing conflict involving Iran and the near-total clo...
Marco Rubio meets PM Modi, says US energy can diversify India’s supply
US Secretary of State Marco Rubio met Prime Minister Narendra Modi in New Delhi on May 23, 2026, in a visit framed as an effort to repair and deepen the bila...
How Iran’s new transit regime tightens its grip over Strait of Hormuz — and leaves world in a dilemma
Iran established the Persian Gulf Strait Authority (PGSA), a body mandated to manage ship transits through the Strait of Hormuz and collect passage fees from...
Rubio, Modi discuss bilateral trade, energy security, West Asia crisis
Energy security featured as a central agenda item during the US Secretary of State's bilateral meeting in New Delhi on May 23, 2026. The US side affirmed tha...
Rubio meets Modi during India visit with energy high on agenda
US Secretary of State Marco Rubio visited India in May 2026 — his first visit as the top US diplomat — with energy security as the centrepiece of discussions...
Centre notifies Draft Rules under VB–G RAM G Act, seeks public feedback by June 20
The Central Government notified draft rules under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB-G RAM G), inviting pub...
States to get VB-G RAM G funding based on 16th Finance Commission formula, ‘performance criteria’
The Ministry of Rural Development published draft implementation rules under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025...
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicals
India and Russia have widened the scope of their energy partnership beyond crude oil, with active discussions on liquefied natural gas (LNG), liquefied petro...
India and Ethiopia Sign Bilateral Accession Protocol for Ethiopia’s WTO Membership in Geneva
India and Ethiopia signed a bilateral accession protocol in Geneva on 22 May 2026, as part of Ethiopia's ongoing process of accession to the World Trade Orga...
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs review meeting at GIFT City, Gandhinagar, in presence of Principal Secretary to the Prime Minister; and Deputy Chief Minister of Gujarat
The Union Ministry of Finance chaired a high-level review meeting at GIFT City, Gandhinagar on May 22, 2026, to assess the progress of India's International ...
CTIL and FICCI Organise Conference on India–Europe Trade Partnerships under Next-Generation FTAs
The Centre for Trade and Investment Law (CTIL) at the Indian Institute of Foreign Trade (IIFT), in collaboration with FICCI, organised a conference titled "N...
Regional Workshop at Raipur reviews progress of World’s Largest Grain Storage Plan, White Revolution 2.0 and formation of 2 lakh new cooperative societies
The Ministry of Cooperation convened a high-level regional workshop to review progress on three flagship initiatives: the World's Largest Grain Storage Plan ...
States to get VB-G RAM G funds based on the Finance Commission formula
States will receive their share of central taxes based on the revised horizontal devolution formula recommended by the 16th Finance Commission, applicable fo...
Alarm bells: on the Index of Eight Core Industries data
The Index of Eight Core Industries (ICI) grew by only 1.7 per cent (provisional) in April 2026 compared to April 2025, signalling continued stress in the ind...
Home and abroad: on the Prime Minister’s five-nation diplomatic tour
The Prime Minister concluded a five-nation tour spanning the UAE, the Netherlands, Sweden, Norway, and Italy between May 15–20, 2026, with energy security an...
Modi expresses support for the sovereignty and territorial integrity of Cyprus
Prime Minister Narendra Modi and Cyprus President Nikos Christodoulides held a bilateral meeting in New Delhi on May 22, 2026, marking the elevation of India...
RBI greenlights record surplus transfer of Rs 2.86 lakh crore
The Central Board of Directors of the Reserve Bank of India, at its 623rd meeting held in Mumbai, approved a record surplus transfer of Rs 2,86,588.46 crore ...
RBI MPC: Bank economists back a rate hike in H2 of FY27
Bank economists have flagged the possibility of an interest rate increase by the Reserve Bank of India in the second half of FY27 (October 2026 onwards), dri...