Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India’s growth may outpace current estimates after GDP data overhaul
India's National Statistics Office (NSO) released a new GDP data series on February 27, 2026, shifting the base year from 2011-12 to 2022-23 — the most signi...
India GDP Q3 FY26 Highlights: Growth at 7.8% in Oct–Dec after data revamp; FY26 forecast raised to 7.6%
India's Ministry of Statistics and Programme Implementation (MoSPI) released the third quarter (Q3) GDP advance estimates for FY26 on February 27, 2026, alon...
PM Modi flags capex climb to ₹12 lakh crore in a decade, ties infra push to long-term growth
Prime Minister Narendra Modi, addressing a post-Budget 2026-27 webinar, highlighted that public capital expenditure has grown from ₹2 lakh crore in 2014-15 t...
Canada's Carney visits India to boost trade, repair ties
Canadian Prime Minister Mark Carney visited India from 27 February to 2 March 2026 — his first bilateral visit to India after assuming office and the first v...
India, EU trade agreement includes model mediation procedures
The India-EU Free Trade Agreement, concluded January 27, 2026, includes a dedicated annexure on mediation — a structured, time-bound mechanism for resolving ...
New GDP series projects higher growth rate at 7.6 pc in FY26, 7.8 pc in Oct-Dec
The Ministry of Statistics and Programme Implementation (MoSPI) released a new GDP series with 2022-23 as the base year, replacing the earlier 2011-12 base y...
Explainer: MoSPI releases new GDP series with base year 2022-23
India's Ministry of Statistics and Programme Implementation (MoSPI) released a new GDP series with base year 2022-23 on February 27, 2026, replacing the earl...
GDP revision may widen FY27 fiscal deficit ratio, raise debt path concerns
India's Ministry of Statistics and Programme Implementation (MoSPI) released new GDP estimates with a revised base year of 2022-23 (replacing the earlier 201...
Upward revision FY27 GDP growth outlook raised to 7-7.4%: CEA Nageswaran
Chief Economic Adviser (CEA) V. Anantha Nageswaran raised India's GDP growth forecast for FY27 (2026-27) to a range of 7 to 7.4 percent, with upside risks to...
India-US trade deal may be 'rebalanced' if circumstances change, says Piyush Goyal
Commerce Minister Piyush Goyal stated that the proposed India-US interim trade deal includes a rebalancing clause — either country may modify its commitments...
India’s GDP to grow 7.6 pc in FY26 after revamp of calculation framework
Following MoSPI's release of the new GDP series with base year 2022-23, India's full-year FY2025-26 GDP growth estimate has been revised to 7.6%, higher than...
Govt temporarily discontinues rice fortification under PMGKAY, cites shelf life concerns
The central government has temporarily discontinued the supply of fortified rice under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and other allied ...
India's Q3 FY26 GDP growth slows sequentially to 7.8% under new series; FY26 estimate rises to 7.6%
The Ministry of Statistics and Programme Implementation (MoSPI) released India's first GDP data under the new series with base year 2022-23, on February 27, ...
India's April-January fiscal deficit at Rs 9.81 lakh crore, narrows on-year to 63% of FY26 aim
The Controller General of Accounts (CGA) released data showing India's fiscal deficit for April-January 2025-26 stood at Rs 9.81 lakh crore — equivalent to 6...
India GDP Data Series: Key FAQs about the economy's fresh math answered
MoSPI released a new GDP data series on February 27, 2026, shifting the base year from 2011-12 to 2022-23, triggering widespread questions about what changed...
Government suspends fortified rice rollout in welfare schemes citing shelf-life concerns
The central government has temporarily discontinued the supply of fortified rice under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and allied welfar...
Nirmala Sitharaman calls for delivery-focused governance in post-budget webinar
Finance Minister Nirmala Sitharaman addressed a post-Budget webinar titled "Technology, Reforms and Finance for Viksit Bharat" — the first in a series of pos...
India’s Trade Partnerships Powering Global Integration and Growth
India ranks 3rd among Global South economies in trade partnership diversity, according to UNCTAD's Trade and Development Report 2025, with a diversity index ...
India, Israel elevate ties; fast-track FTA, UPI link, mobility boost
India and Israel elevated their bilateral relationship to a "Special Strategic Partnership for Peace, Innovation and Prosperity" during high-level diplomatic...
US slaps 126% tariff on solar firms, cites Adani not joining subsidy probe
The United States Department of Commerce on 20 February 2026 announced a preliminary Countervailing Duty (CVD) of 125.87% on solar cells and modules imported...