Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India-EU FTA built on 20 key pillars, to boost trade, investment: Commerce Ministry official
Darpan Jain, Additional Secretary in the Department of Commerce and Industry, outlined the 20 key pillars (chapters) of the India-EU Free Trade Agreement at ...
India among economies driving carbon surge from construction boom
A major international report has identified India among the economies most responsible for driving a surge in carbon emissions from the buildings and constru...
India's CAD projected to rise to 2.2% of GDP amid oil pressures: Crisil
Crisil, a leading credit rating and research agency, has projected India's current account deficit (CAD) to widen to 2.2% of GDP in FY27 — up sharply from an...
Maharashtra signs 25,400 MW nuclear MoUs, triple India’s existing atomic capacity
Maharashtra signed Memorandums of Understanding with four major private conglomerates — Reliance Industries, Adani Power, NTPC Ltd, and Lalitpur Power Genera...
India notifies standards for petrol with up to 30% ethanol amid energy crisis
The Bureau of Indian Standards (BIS) has notified fuel specifications for petrol blended with up to 30% ethanol, establishing standard IS 19850:2026, which c...
Iran war to slow down India’s FY27 economic growth: rating agencies
Multiple rating agencies have revised India's FY27 GDP growth forecasts downward, citing the ongoing Iran war and its impact on global crude oil prices. Bren...
India-EU trade pact to help boost domestic auto manufacturing: Senior official
India and the European Union concluded negotiations for a landmark Free Trade Agreement on January 27, 2026, after nearly two decades of diplomatic effort. A...
RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3
The Reserve Bank of India (RBI) has proposed new rules requiring banks to publish detailed quarterly disclosures on capital adequacy, leverage, liquidity, an...
RBI invites comments on the draft “Reserve Bank of India (Capital Adequacy) Amendment Directions, 2026”
The Reserve Bank of India released draft amendment directions on May 19, 2026 to align the capital adequacy disclosure requirements of Commercial Banks and S...
India eyes trade pact with Oman amid turmoil, FTA starts June 1
The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman, signed in December 2025, is set to come into force from 1 June 2026, marking ...
Can India’s waste solve its energy crisis? Diving into bioenergy technologies
India's growing energy security concerns have intensified focus on bioenergy technologies that convert agricultural residue, food waste, sewage sludge, and o...
The warning signs in India’s import bill
India's total imports in FY26 stood at approximately $775 billion, with crude oil alone costing over $134 billion — the single largest import item. Gold impo...
US pharma co denied patent on hepatitis C combo therapy
The Indian Patent Office rejected a patent application filed by US pharmaceutical company AbbVie for its hepatitis C combination therapy glecaprevir/pibrenta...
Unlearnt lessons: On India’s inadequate strategic petroleum and gas reserves
With the West Asia crisis disrupting Strait of Hormuz transit and pushing global crude prices higher, India's inadequate strategic petroleum and gas reserves...
Free trade pact by year-end: EU Chief
The India-EU Free Trade Agreement, whose negotiations concluded on 27 January 2026, is targeted for formal signing by the end of 2026, with an operationalisa...
Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay Malhotra
The RBI Governor stated that the central bank is "keeping a close vigil" on whether the ongoing West Asia conflict-induced supply shock — particularly the oi...
RBI likely to pay a big dividend to Centre
The Reserve Bank of India's Central Board approved a record surplus transfer of ₹2.69 lakh crore (₹2.69 trillion) to the central government for the financial...
India to continue purchasing Russian crude notwithstanding US sanctions
India has formally stated it will continue purchasing Russian crude oil notwithstanding the evolving US sanctions framework, reaffirming that energy security...
‘India buys Russian oil irrespective of US sanctions or waivers’
The Ministry of Petroleum and Natural Gas stated publicly on May 18, 2026 that India's purchases of Russian crude oil are driven entirely by commercial logic...
Fertiliser subsidy bill for FY27 may rise by ₹70,000 crore on West Asia crisis: Official
The Department of Fertilisers has indicated that India's fertiliser subsidy bill for FY 2026-27 may rise by approximately ₹70,000 crore — a roughly 20% incre...