Economics
Trade, fiscal policy, banking, agriculture and economic indicators
A semiconductor vision beyond the factory floor
The Union Cabinet has approved the second phase of the India Semiconductor Mission (ISM 2.0) with a proposed outlay of approximately ₹1.27 lakh crore (about ...
It's a revamp! RBI steps ahead on plan for plastic rupee notes
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), the RBI's currency-printing subsidiary, invited a global Expression of Interest (EoI) for suppl...
Promise of chips: On the India Semiconductor Mission phase II
The Union Cabinet has approved the second phase of the India Semiconductor Mission (Semicon 2.0 / ISM 2.0), succeeding the original 2021 mission, with a sign...
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra
The Indian economy expanded 7.7% in the last financial year (FY26), supported by robust macroeconomic fundamentals, according to the Reserve Bank of India Go...
'Closely following': India on US bill seeking 100% tariffs on India, others
The Ministry of External Affairs said India is "closely following" a proposed US bill that seeks to impose tariffs of up to 100% on the largest purchasers of...
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation
Projections indicate India's LPG (cooking gas) subsidy bill could exceed Rs 1 lakh crore in FY27, against a Union Budget allocation of only Rs 30,000 crore f...
West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra
The Reserve Bank of India's latest assessment identified the West Asia crisis and an uncertain monsoon as the two major near-term risks to India's growth out...
Under EPFO 3.0, Centre plans pension for gig workers
The central government is drawing up a new universal contributory pension scheme for gig, platform, unorganised and construction sector workers under a broad...
PM Modi flags off India’s first hydrogen train on Jind-Sonipat route
India's first hydrogen fuel cell-powered passenger train was flagged off on the Jind-Sonipat route in Haryana, a stretch of nearly 90 km covering around 12 s...
Ahead of U.S. Ambassador arrival, Trump okays 500% tariff Bill on Russian oil; withdraws from India-led ISA
The United States Congress has advanced sanctions legislation, commonly referred to as the Sanctioning Russia Act, that authorizes secondary tariffs on count...
PM Modi flags off India’s first hydrogen-powered train in Haryana
The Ministry of Railways flagged off India's first hydrogen fuel cell-powered train, which will initially run on the 89-km Jind-Sonipat section in Haryana Th...
With climate ambitions in question, EU reforms carbon market
The European Union is reforming its Emissions Trading System (ETS) as part of a scheduled medium-term review, with the European Commission proposing updated ...
US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
A bipartisan bill was introduced in the US Senate proposing tariffs of up to 100% on imports from the five largest buyers of Russian oil and gas — India, Chi...
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
The Reserve Bank of India's Governor said inflation remains elevated, with rising tensions in West Asia (linked to the Iran conflict) and the possibility of ...
US less reliable? India may need to open the door wider to the Dragon
A member of the Prime Minister's Economic Advisory Council (PMEAC) has recommended that India ease restrictions on Chinese investment, particularly in labour...
India Semiconductor Mission 2.0: Centre not keen on covering tech transfer, land costs under new chip scheme
Under the newly approved India Semiconductor Mission 2.0 (Semicon 2.0), the Centre has indicated it does not intend to extend central fiscal support to two s...
Why India’s imports of 3 agri-commodities may touch a new high this year
A weakening southwest monsoon, linked to strengthening El Nino conditions, has raised the prospect that India's imports of edible oils, pulses and cotton cou...
India’s 3 inflations offer clues on consumption, profits, dependence on China
Latest official data shows a wide gap between India's retail and wholesale inflation readings — Consumer Price Index (CPI) inflation stood at 4.38% in June 2...
India-UK FTA unlikely to hurt domestic consumer brands, industry says
The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force on 15 July 2026, reducing customs duties on a wide range of goods traded betwe...
These are the 111 districts the government flagged as vulnerable to El Niño 2026 — and 69 are already rainfall deficient
111 high-priority farm districts across India have been identified as most vulnerable during the 2026 El Nino-linked monsoon, each sharing irrigation coverag...