Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Carmakers push for cheaper high-ethanol fuels, tax breaks for flex-fuel vehicles
Automobile manufacturers have called on the government to lower the price of high-ethanol fuels (E85 and above) and extend tax incentives for flex-fuel vehic...
India reviews curbs on non-essential imports to support rupee, boost local manufacturing
India initiated a review of restrictions on non-essential imports as part of measures to shore up foreign exchange reserves and support the rupee, which touc...
Centre firms up new land-transfer norms to help public asset monetization
The Department of Expenditure under the Ministry of Finance issued an Office Memorandum (O.M. No. 15(04)/2021-E.II(A)) dated May 5, 2026, amending Rules 309 ...
Centre Bets Big on Brahmaputra as Economic Lifeline: Union Minister Sarbananda Sonowal
The Ministry of Ports, Shipping and Waterways is scaling up efforts to transform the Brahmaputra river — designated National Waterway 2 (NW-2) — into an inte...
Ministry of MSME’s TEAM Initiative Empowering Small Businesses across India through Digital Commerce Enablement
The Ministry of Micro, Small and Medium Enterprises is scaling up the Trade Enablement and Access to Market (TEAM) Initiative — a sub-scheme under the World ...
DFS organises Half-Day Workshop on Insolvency and Bankruptcy (Amendment) Act, 2026
The Department of Financial Services (DFS), Ministry of Finance, organised a half-day workshop on the Insolvency and Bankruptcy (Amendment) Act, 2026 in New ...
Standards for fuel blends up to E30 notified
The Bureau of Indian Standards (BIS) notified standard IS 19850:2026 on 15 May 2026, prescribing technical specifications for E22, E25, E27, and E30 petrol b...
Amid soaring temperatures, India successfully meets record peak power demand of 260.45 GW
India successfully met a record peak power demand of 260.45 GW on May 19, 2026, surpassing the previous record of 257.37 GW set just one day earlier — achiev...
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025
By December 2025, more than 8,800 corporate insolvency resolution cases had been admitted under the Insolvency and Bankruptcy Code (IBC), 2016. Creditors hav...
IBBI issues new guidelines to speed up appointment of insolvency professionals
The Insolvency and Bankruptcy Board of India (IBBI) issued the Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution P...
US extends sanctions waiver for Russian crude again: The move, its impact on India explained
The US Treasury Department's Office of Foreign Assets Control (OFAC) issued General License No. 134C on May 18, 2026, extending the sanctions waiver for Russ...
U.S.-China: A temporary truce
Following the May 14, 2026 Trump-Xi summit in Beijing, the United States and China announced a partial trade deal involving agricultural purchases, rare eart...
RBI set to pay government record dividend to cushion war shock
The Reserve Bank of India (RBI) is expected to transfer a record dividend (surplus) to the central government for the fiscal/accounting year 2025-26, anticip...
G7 Finance Ministers explore responses to Iran war fallout
G7 Finance Ministers and Central Bank Governors met in Paris on 18–19 May 2026 under France's G7 presidency, with the Iran war's economic fallout as a centra...
India-EU FTA: Quality compliance must for Indian exporters but trade restrictiveness can be challenged
The India-EU Free Trade Agreement (FTA) was concluded on 27 January 2026, ending nearly two decades of on-again, off-again negotiations; the provisional text...
West Asia crisis, weather headwinds to moderate India’s FY27 growth: Rating agencies
Two leading domestic rating agencies have trimmed their FY27 (2026-27) GDP growth forecasts for India, citing two converging headwinds: elevated crude oil pr...
National security linked to economic growth; strategic self-reliance a must: Gen. Dwivedi
At a seminar titled 'Security to Prosperity', organised by the Centre for Land Warfare Studies on May 19, 2026, the Chief of Army Staff articulated a new str...
Coal gasification can raise India's resource security amid decarbonisation uncertainties: Report
A report by the Observer Research Foundation (ORF) identified coal gasification as a strategic tool for India to reduce import dependence in the steel sector...
Waiver or no waiver, Russian crude remains centrepiece of India’s oil imports strategy
Despite US pressure and punitive tariffs, Russian crude oil continues to be a core pillar of India's oil import strategy, though its share has moderated from...
Iran-Israel war LIVE: Israel military issues fresh evacuation warnings for south Lebanon
Iran's effective closure of the Strait of Hormuz and the ongoing Iran-Israel-US conflict have more than halved the UAE's exports of crude oil and natural gas...