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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

July 2026 20 articles
13 13

India-EU trade deal legal review nearing completion: Piyush Goyal

The legal scrubbing (technical/legal review) of the India-European Union free trade agreement is nearing completion, with the text expected to be finalised w...

GS Paper 2 GS Paper 3 Economics International Relations 3m
13 13

India-UK CETA duty benefits to require CBIC digital authentication

The Central Board of Indirect Taxes and Customs (CBIC) issued operational procedures for digitally authenticating self-declared origin declarations under the...

GS3 (Economics/Trade Administration) Economics International Relations 4m
13 13

Fuel price hikes, weak rains show impact as inflation crossed 4% in June after 16 months

Retail (CPI) inflation rose to 4.38% in June from 3.93% in May, crossing the Reserve Bank of India's 4% inflation target for the first time in roughly 16 mon...

GS Paper 3 (Indian Economy, Inflation, Monetary Policy) Economics 6m
13 13

CPI climbs to 4.4% in June, but experts predict August policy status quo

The Ministry of Statistics and Programme Implementation (MoSPI), through the National Statistical Office, released Consumer Price Index (CPI) data showing re...

GS3 (Economics) Economics 6m
13 13

India, US have framework trade deal ready; signing awaits right time: Official

A senior trade official confirmed that a framework for an India-US trade agreement is ready, with the timing of formal signing still to be decided. India's n...

GS Paper 3 (Economics/Trade) GS Paper 2 (International Relations) Economics International Relations 5m
13 13

India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 months

India's retail inflation, measured by the Consumer Price Index (CPI), accelerated to 4.38% in June, crossing the Reserve Bank of India's (RBI) medium-term ta...

GS3 (Indian Economy, Inflation, Monetary Policy) Economics 4m
13 13

India-Australia ‘administrative arrangements’ for uranium supplies | Explained

India and Australia finalised a bilateral administrative arrangement enabling actual Australian uranium exports to India for civilian nuclear power generatio...

GS3 (Science & Technology, Energy Security) GS2 (International Relations) Science & Technology International Relations Economics 4m
13 13

Retrenchments in Kerala: Labour codes and its rules | Explained

A wave of retrenchments in Kerala has drawn attention to the retrenchment and worker-support provisions under the Industrial Relations Code, 2020 (one of the...

GS Paper 2 GS Paper 3 Economics Polity & Governance 5m
13 13

An emboldened India holds out for better terms in US trade talks

India has paused a bilateral trade agreement with the United States rather than accept terms it considers one-sided, seeking reciprocal tariff concessions ra...

GS Paper 2 (International Relations) GS Paper 3 (Economics/Trade) International Relations Economics 3m
12 12

Under India's BRICS Chairship, Transport Ministers Adopt Ministerial Declaration at the 3rd BRICS Transport Ministers' Meeting in Nagpur, Maharashtra

The 3rd BRICS Transport Ministers' Meeting concluded in Nagpur, Maharashtra, under India's BRICS Chairship for 2026. Member countries unanimously adopted a M...

GS Paper 2 (International Relations) GS Paper 3 (Infrastructure/Economics) International Relations Economics 4m
12 12

Hormuz crisis: Iran hit triggers fears of fuel supply disruption

An attack on a ship with Indian crew in the Strait of Hormuz has heightened concerns about disruption to India's fuel and fertilizer imports. Indian authorit...

GS Paper 3 (Indian Economy) GS Paper 2 (International Relations) International Relations Economics 5m
12 12

India discusses agricultural collaboration with Taliban government of Afghanistan

Afghanistan's Minister of Agriculture, Irrigation and Livestock, Mawlawi Ataullah Omari, led an official delegation to New Delhi on July 7, 2026 to discuss a...

GS2 (International Relations) International Relations Economics 4m
12 12

Worth more standing: India’s forests are a $2.5-trillion asset we keep forgetting to count

A peer-reviewed study, involving researchers from the Institute for Social and Economic Change, ICFRE-Institute of Forest Productivity, the Indian Council of...

GS3 (Environment, Economics) Environment & Ecology Economics 5m
12 12

India’s Russian crude imports hit record in Jun even as Moscow’s oil revenues slip

India's imports of Russian crude oil rose 34% month-on-month in June 2026, reaching an estimated EUR 4.5 billion in value and accounting for 83% of India's t...

GS3 (Economics/Energy Security) GS2 (International Relations) Economics International Relations 4m
12 12

Decoding the India-UK CETA: Check what's changing in terms of tariffs, import duty & more

The Union Finance Ministry notified Customs Tariff Rules on July 3, 2026 to determine the "origin" of goods traded under the India-UK Comprehensive Economic ...

GS2 (International Relations) GS3 (Economics) International Relations Economics 4m
12 12

India-UK FTA Starts July 15! Goyal announces zero duty, big PF benefit for Indian Workers in UK

The India-UK Comprehensive Economic and Trade Agreement (CETA) comes into force on 15 July 2026, roughly a year after it was signed on 24 July 2025. The Mini...

GS3 (Economics — Trade Agreements) GS2 (International Relations) Economics International Relations 4m
12 12

Hormuz closure threatens India’s gas, crude supplies

Merchant vessels transiting the Strait of Hormuz were struck in early July 2026, prompting a fresh round of United States military strikes on targets inside ...

GS Paper 1 (Geography) GS Paper 2 (International Relations) GS Paper 3 (Economy, Energy Security) International Relations Economics Geography 8m
12 12

Five-year-high grain stocks offer India an El Niño buffer

Central pool wheat and rice stocks stood at 81.75 million tonnes (mt) as of May 1, 2026 — the highest May 1 level in five years — against a combined buffer n...

GS3 (Agriculture, Food Security, Indian Economy) Economics 5m
12 12

India, Canada conclude third round of talks on proposed trade pact

India and Canada concluded the third round of negotiations for a proposed Comprehensive Economic Partnership Agreement (CEPA), held in Ottawa. Discussions co...

GS3 (Economics — Trade Agreements) GS2 (International Relations) Economics International Relations 3m
12 12

'Agreed upon new deal that builds on FTA': New Zealand PM hails PM Modi's visit

India and New Zealand elevated their bilateral relationship to the level of a "Strategic Partnership" during a Prime Ministerial-level visit to Auckland, the...

GS2 (International Relations) GS3 (Economics — Trade Agreements) International Relations Economics 5m