Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India to produce rare-earth magnets by year-end, four states identified for critical mineral processing
India is in discussions with the US and France to build alternative critical minerals supply chains, reducing dependence on China Rare-earth permanent magnet...
Govt forms panel for PFC, REC merger
The Ministry of Power constituted two oversight panels on February 19, 2026, to guide the proposed merger of Power Finance Corporation (PFC) and REC Limited ...
The chemistry, economics and strategic convergence of Delhi’s tango with Paris
India and France elevated their bilateral relationship to a "Special Global Strategic Partnership" during a visit by French President Emmanuel Macron to Mumb...
FCI to supply 200,000 tonnes of rice to World Food Programme
The Food Corporation of India (FCI) and the World Food Programme (WFP) signed a five-year Memorandum of Understanding (MoU) on February 18, 2026, for the sup...
Chinese walnuts in the guise of Afghan in dry fruit container ship detained by Indian Customs at Nhava Sheva Port
Indian Customs at Nhava Sheva (Jawaharlal Nehru Port, Mumbai) detained the Comoros-flagged vessel MV WIV Reyfa on February 1, 2026, carrying 309–310 containe...
Maize now accounts for close to half of ethanol produced in India
Maize has become the single largest feedstock for India's ethanol production, accounting for approximately 48% of total ethanol output during the Ethanol Sup...
Are Indian firms intent on moving to Venezuelan oil? | Explained
Following President Trump's public claim that India would shift from Russian oil to Venezuelan crude, Indian firms have begun evaluating Venezuelan oil impor...
Fishing in India’s EEZ to require Access Pass; framework launch at Veraval in Gujarat
Union Minister Rajiv Ranjan Singh launched the Access Pass for Fishing in India's Exclusive Economic Zone (EEZ) on February 20, 2026, at Veraval, Gujarat — f...
Rafale deal: Macron backs Indian manufacturing, job creation
India's Defence Acquisition Council (DAC) approved the procurement of 114 Rafale fighter jets from France in a deal estimated at Rs 3.25 lakh crore (~$40 bil...
India likely to join US-led strategic alliance 'Pax Silica' on Friday
India formally joined the Pax Silica initiative, a US-led strategic alliance aimed at building secure, resilient supply chains for semiconductors, critical m...
Storage in all Indian regions drops below 75% of capacity
Storage levels in all five Indian regions (Northern, Eastern, Western, Central, Southern) have dropped below 75% of their combined capacity, according to Cen...
Integral Coach Factory rolls out India’s first 15-car EMU rake
The Integral Coach Factory (ICF) in Chennai has rolled out India's first 15-car Electric Multiple Unit (EMU) rake The new rake is designed for the Mumbai sub...
Embraer and Mahindra eye India MRO hub if C-390 wins IAF contract
Brazil's Embraer and India's Mahindra Group announced plans to establish a Maintenance, Repair and Overhaul (MRO) facility in India for the C-390 Millennium ...
RE to account for over one-fourth of India’s power generation by March 2026
Infomerics Ratings projected that renewable energy will account for 26% of India's total power generation by the end of FY2026 (March 2026) Electricity deman...
Govt identifies L1 insurers for Restructured Weather Crop Insurance Scheme in J&K
The government has identified L1 (lowest bidder) insurers for the Restructured Weather-Based Crop Insurance Scheme (RWBCIS) in Jammu & Kashmir In Kashmir div...
SC criticises freebie culture, says might hamper economic growth
The Supreme Court delivered a rebuke against the prevalent culture of indiscriminate welfare distribution by state governments The judges observed that such ...
India to commence production of rare-earth permanent magnet within this year: Mines Minister G. Kishan Reddy
Mines Minister G. Kishan Reddy announced that India will commence production of Rare Earth Permanent Magnets (REPMs) by the end of 2026 The government plans ...
Koraput tribal farmers send ginger and Kalajeera rice to Karnataka, Punjab and Haryana
Tribal farmers from Koraput district, Odisha, have sent consignments of ginger and GI-tagged Kalajeera rice to Karnataka, Punjab, and Haryana The initiative ...
Embraer, Mahindra Grp plan to set up MRO facility for C-390 Millennium aircraft in India
Brazilian aircraft maker Embraer and the Mahindra Group announced plans to establish a Maintenance, Repair and Overhaul (MRO) facility in India for the C-390...
India's agri products, auto exports making greater inroads in EU
India's automotive exports to the EU surged from USD 1.6 billion to USD 2.2 billion in April-December 2025, with the EU's share rising from 9.8% to 11.6% of ...