Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Mint Explainer: How do sovereign guarantees work and why does India use them?
Sovereign guarantees extended by the Union government to statutory corporations and public sector enterprises are disclosed annually in the Union Budget as c...
Suvendu Adhikari announces Rs 313 crore Pradhan Mantri Cha Shramik Protsahan Yojana for West Bengal tea workers
The West Bengal government announced the Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY), a Rs 313.30 crore welfare scheme targeting tea garden workers ...
Modi inaugurates Rajasthan refinery: Why India’s first greenfield plant in a decade matters
The HPCL Rajasthan Refinery Limited (HRRL) at Pachpadra, Balotra district, Rajasthan was inaugurated on July 5, 2026, marking India's first greenfield refine...
India’s semiconductor push will create countless jobs: PM
The government inaugurated CG Semi's G1 OSAT (Outsourced Semiconductor Assembly and Test) facility at Sanand, Gujarat on July 4, 2026, marking the start of c...
Finance Ministry notifies rules for determination of origin of goods under India-UK trade pact
The Finance Ministry notified the Customs Tariff (Determination of Origin of Goods under the India-United Kingdom Comprehensive Economic and Trade Agreement)...
CBIC notifies rules for ‘determination of origin of goods’ under India-UK FTA
The Central Board of Indirect Taxes and Customs (CBIC) notified the Rules for Determination of Origin of Goods under the India-UK Comprehensive Economic and ...
India-Israel Bilateral Investment Agreement comes into effect to boost cross-border investments
The Bilateral Investment Agreement (BIA) between India and Israel entered into force on July 4, 2026, replacing the earlier Bilateral Investment Treaty (BIT)...
How El Niño could damage India’s economy | Explained
Meteorological agencies have flagged a significant probability of El Niño conditions in 2026, with the India Meteorological Department (IMD) projecting monso...
India-Israel bilateral investment pact comes into force
India and Israel's Bilateral Investment Agreement (BIA), signed in September 2025, officially entered into force on July 4, 2026, replacing the earlier inves...
India waives customs duty, IGST on imported animals under UK trade pact from July 15
India will waive customs duty and Integrated Goods and Services Tax (IGST) on imported animals (livestock) under tariff concessions agreed in the India-UK Fr...
India pushes to upgrade ASEAN FTA, advances talks on CECA with Australia
India is actively pushing to upgrade the ASEAN-India Trade in Goods Agreement (AITIGA), which has been under formal review since 2024, with nine rounds of ne...
India, France co-chair Economic & Financial Dialogue, agree to deepen cooperation on critical minerals
India and France co-chaired the India-France Economic and Financial Dialogue in Aix-en-Provence on 4 July 2026, convened pursuant to a commitment made during...
Weak monsoon may cut paddy acreage, raising concerns over rice output, inflation
The southwest monsoon for 2026 has been significantly below normal, with rainfall running 42% below normal as of late June 2026, and central India recording ...
Union Home Minister and Minister and Cooperation Shri Amit Shah and Union Minister of Agriculture and Farmers Welfare Shri Shivraj Singh Chouhan reviews situation regarding below-normal rainfall and its impact in certain parts of country due to ‘El Niño’
The Union Home Ministry and the Ministry of Agriculture jointly convened a high-level review meeting to assess the impact of below-normal rainfall on parts o...
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman and H.E. Mr. Roland Lescure, Minister of Economy, Finance, Industrial, Energy, and Digital Sovereignty of France, co-chair India-France Economic & Financial Dialogue (EFD) in Aix-en-Provence
India and France co-chaired the India-France Economic and Financial Dialogue (EFD) in Aix-en-Provence, France, with the Union Minister of Finance and Corpora...
India Takes a Major Step Towards Maritime Self-Reliance with First Made-in-India EXIM Shipping Container: Sarbananda Sonowal
India unveiled its first indigenously manufactured EXIM (export-import) grade shipping container at the Maersk-CONCOR Inland Container Depot, Dadri, Uttar Pr...
National Workshop of State Panchayati Raj Ministers Deliberates on Effective Implementation of Sixteenth Finance Commission Recommendations
The Ministry of Panchayati Raj convened a National Workshop of State Panchayati Raj Ministers in New Delhi on July 3, 2026, focused on implementing the Sixte...
Indonesia seeks more BrahMos missiles from India. Delhi eyes critical minerals as Modi visits Jakarta
Indonesia has formally expressed interest in procuring an additional BrahMos supersonic cruise missile battery from India, beyond the one agreed upon in Marc...
India eyes uranium supply deal, deeper defence & economic cooperation during Modi’s Australia visit
India and Australia are working to finalise a commercial uranium supply agreement during a scheduled bilateral visit (July 6–11, 2026), building on the Civil...
WMO warns of rapid El Nino development during July-September
The World Meteorological Organization (WMO) has warned of rapid El Niño development during the July–September 2026 window, placing an 82% probability on El N...