Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Ministry of Corporate Affairs notifies changes in Indian Accounting rules
The Ministry of Corporate Affairs (MCA) notified changes to Indian accounting rules, reported to take effect August 12 [Unverified — effective date not indep...
‘Royalty itself a tax’: In mining law amendment, echo of SC judge Nagarathna’s dissent in key 2024 order
Commentary on the Mines and Minerals (Development and Regulation) Amendment Bill, 2026 notes that its new restriction on state mineral taxation mirrors reaso...
India in 'regular contact' with US on trade deal, says Commerce Secretary Rajesh Agarwal
India's Commerce Secretary stated that India and the United States remain in "regular contact" on finalizing a bilateral trade agreement (BTA) Both sides rea...
India has “reassuring” talks with U.S., including on Bill that proposes 100% tariffs
The US Senate passed the Sanctioning Russia and Iran Act of 2026 (named after the late Senator Lindsey Graham) by a bipartisan 86-11 vote, sending it to the ...
Kerala to oppose Centre's MMDR Act amendments restricting state powers on mineral taxes
The Kerala state government announced it will formally register its opposition to the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, a...
Parliament passes Mines and Minerals Amendment Bill
Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, amending the parent Mines and Minerals (Development and Regulatio...
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion
The Parliamentary Standing Committee on Finance backed government measures taken to strengthen recovery under the Insolvency and Bankruptcy Code (IBC), while...
India's electronics exports surge 11-fold to Rs 4.24 lakh crore, women's workforce nears 30%
India's electronics exports rose over 11-fold to reach Rs 4.24 lakh crore in FY2025-26, according to official data, with electronic goods now India's third-l...
Parliament Monsoon Session ends amid disruptions; Lok Sabha, Rajya Sabha adjourned sine die
The Monsoon Session of Parliament, which began on 20 July 2026, concluded with both the Lok Sabha and Rajya Sabha being adjourned sine die on 13 August 2026,...
Govt notifies Rs 3,030-crore scheme for three mega chemical parks
The Union Cabinet approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA-Rasayan) Scheme, notifying a financial outlay of Rs 3,030 crore for setting up th...
Panel seeks review of FDI in private hospitals, warns of aggressive corporatisation, rising healthcare costs
The Department-related Parliamentary Standing Committee on Health and Family Welfare tabled its 176th Report on "Affordability and Accessibility of Healthcar...
Attacks on UAE vessels raise risks for Indian crude imports. But LPG, LNG supplies far more vulnerable
A tanker operated by the UAE's national oil company was struck by a missile while transiting the Strait of Hormuz; the company reported 15 of its vessels had...
Parliament panel pushes for 90-day crude oil reserves, flags delays in strategic expansion
The Standing Committee on Petroleum and Natural Gas recommended that India work toward maintaining 90 days of crude oil storage, describing it as the global ...
India's retail inflation breaches RBI's midpoint target for second successive month, rises to 4.45% in July
India's Consumer Price Index (CPI)-based retail inflation rose to 4.45% in July 2026, up from 4.38% in June — the second consecutive month above the Reserve ...
Retail inflation hits 19-month high of 4.45% in July 2026 as food, fuel prices rise
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45% year-on-year in July 2026 — its highest reading in 19 months Food inflati...
Panel asks government if India will push de-dollarisation agenda at BRICS summit
A Department-related Parliamentary Standing Committee examined India's approach to local-currency trade settlement, the role of the US dollar in global finan...
RBI invites public comments on draft rules to standardise how lenders set interest rates
The Reserve Bank of India (RBI) released draft directions proposing a harmonised framework for how banks, NBFCs and other regulated entities determine intere...
India sets sail to add more trade muscle as it signs PTA terms with SACU
India and the Southern African Customs Union (SACU) signed the Terms of Reference (ToR) to launch fresh negotiations for a Preferential Trade Agreement (PTA)...
India shifts trade strategy, favours PTAs over FTAs with South Africa, Mercosur & others: Official
India is pursuing Preferential Trade Agreements (PTAs) rather than comprehensive Free Trade Agreements (FTAs) with several developing economies, including So...
India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI target
Retail (CPI) inflation for July 2026 was recorded at 4.45%, up from 4.38% in June 2026 The rise was driven largely by higher food prices, which pushed food i...