Economics
Trade, fiscal policy, banking, agriculture and economic indicators
EPFO fixes 8.25 pc interest rate on EPF deposits for 2025-26, holds rate for 3rd year in a row
The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) approved an interest rate of 8.25% on EPF deposits for the financial...
Industrial output growth cools to 4.8% in January
India's Index of Industrial Production (IIP) grew at 4.8% year-on-year in January 2026, a three-month low, down sharply from 7.8% in December 2025, according...
QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF JANUARY 2026
The Ministry of Statistics and Programme Implementation (MoSPI) released the Quick Estimate of the Index of Industrial Production (IIP) for January 2026 on M...
No petrol, diesel price hike despite global oil prices spiking to USD 80
Despite global crude oil prices rising sharply to USD 80 per barrel — approximately a 9% spike — following US and Israeli military strikes on Iran and Iran's...
Silver hits Rs 3 lakh/kg, gold nears Rs 1.73 lakh/10g amid rising Middle East crisis
Precious metal prices surged sharply in early March 2026, with silver hitting Rs 3 lakh per kg and gold nearing Rs 1.73 lakh per 10 grams The surge was drive...
CAD widens to USD 13.2 bn in Q3 on higher trade deficit: RBI
India's Current Account Deficit (CAD) widened to USD 13.2 billion (1.3% of GDP) in Q3 FY2025-26 (October–December 2025), as per data released by the Reserve ...
India’s current account deficit widens to $13.2 billion in Q3 FY26
India's Current Account Deficit (CAD) for Q3 FY2025-26 (October–December 2025) widened to USD 13.2 billion, equivalent to 1.3% of GDP, according to data rele...
Rupee crashes 41 paise to settle at 91.49 against US dollar
The Indian rupee depreciated sharply by 41 paise to settle at 91.49 against the US dollar, one of its steepest single-day drops in recent months. The immedia...
India manufacturing growth hits four-month high in February, PMI shows
The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 56.9 in February 2026, up from 55.4 in January — marking a four-month high Factory outp...
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2025-26
The Employees' Provident Fund Organisation (EPFO)'s Central Board of Trustees (CBT) held its 239th meeting on March 1, 2026, chaired by Union Labour Minister...
Government reviews trade risks from West Asia tensions, vows steps to keep cargo flowing
The Indian government convened a high-level review of trade risks arising from the Iran-Israel war and the broader West Asia conflict following US-Israel str...
Forex reserves rise on gold, dollar valuation gains despite balance of payments pressure: RBI
India's foreign exchange reserves rose in recent weeks, driven by revaluation gains from rising gold prices and a declining dollar index — even as India was ...
India, Canada launch negotiations for free trade pact
India and Canada formally launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) on March 2, 2026, in New Delhi. The Terms of Refere...
India, Canada relaunch free trade talks after 2023 diplomatic chill
India and Canada formally relaunched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) on March 2, 2026, with Commerce and Industry Mini...
Canadian firm Cameco signs $1.9 billion uranium deal with India
Canadian uranium producer Cameco Corporation signed a commercial agreement worth $1.9 billion to supply approximately 22 million pounds (~9.9 million kg) of ...
Industrial output growth slows to 3-month low of 4.8 pc in January
India's Index of Industrial Production (IIP) recorded a year-on-year growth of 4.8% in January 2026, as released by the Ministry of Statistics and Programme ...
Finance Minister meets AIIB President, urges her to scale up investment
Union Finance Minister Nirmala Sitharaman met Zou Jiayi, the newly appointed President of the Asian Infrastructure Investment Bank (AIIB), in New Delhi to de...
Japan, South Korea raise concerns about India’s steel import restrictions
Japan and South Korea formally raised concerns about India's regulatory measures affecting their steel companies during an interactive session hosted by Indi...
India’s manufacturing sector activity growth jumps to 4-month high in Feb: PMI
India's HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 56.9 in February 2026 from 55.4 in January 2026 — the highest re...
West Asia crisis: Exporters seek support measures; govt ensures all facilitation
Indian exporters affected by the West Asia crisis — particularly those dealing in basmati rice, textiles, pharmaceuticals, and engineering goods — approached...