Economics
Trade, fiscal policy, banking, agriculture and economic indicators
WMO warns rapid development of El Nino during July-Sept; government reviews the situation of rainfall deficit
The World Meteorological Organization (WMO) has warned of rapid development of a strong El Nino event during July–September 2026, with below-normal monsoon r...
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) Act
The Insolvency and Bankruptcy Code (Amendment) Act, 2026 has codified that the National Company Law Tribunal (NCLT) shall admit an insolvency petition only w...
Strong El Niño may bring more extreme weather across the world, warns WMO
The World Meteorological Organization (WMO) has issued a formal warning that a strong El Niño event is developing in the equatorial Pacific, with an 80% prob...
India allows four Chinese-linked power equipment firms to bid for government projects
The Ministry of Finance's Department of Expenditure issued an official memorandum dated June 24, 2026 granting a two-year exemption to four Chinese-origin en...
RBI says VDAs, including cryptocurrency poses threat to emerging economies like India, opposes its legalisation
The Reserve Bank of India (RBI) appeared before the Parliamentary Standing Committee on Finance (chaired by MP Bhartruhari Mahtab) during a meeting convened ...
India has got a $5 trillion sleeping giant: Can govt wake it up?
India's household gold holdings are estimated at approximately 24,000–25,000 tonnes — more than the combined gold reserves of the world's ten largest central...
The 'little boy' in the Pacific, India's monsoon and the big test ahead
India's 2026 southwest monsoon season has begun with a significant rainfall deficit, with below-normal precipitation recorded across large parts of central I...
Govt lens on e-rickshaw remote shutdown issue; two apps including BAT-BMS removed from app stores
The Ministry of Electronics and Information Technology (MeitY) directed the removal of two battery management applications — BAT-BMS and Lossigy — from the G...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge Ratings
CareEdge Ratings has projected food inflation to average 6% for the full financial year FY27 (2026-27), driven primarily by a significant monsoon rainfall de...
EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government support
The European Union's Carbon Border Adjustment Mechanism (CBAM) entered its definitive (full compliance) phase on January 1, 2026, after a transitional report...
Labour Min makes EPF contributions beyond Rs 1,800 voluntary
Effective June 29, 2026, the Ministry of Labour and Employment notified the Employees' Provident Funds (EPF) Scheme, 2026, replacing the six-decade-old EPF S...
India-Japan to deepen defence, critical minerals cooperation, says Foreign Secy Misri
At the 16th India-Japan Annual Summit, the Ministry of External Affairs conveyed that the two countries intend to significantly deepen cooperation in defence...
India-Japan reaffirm strategic ties in an uncertain world—UNICORN masts, AI, energy security
India and Japan announced their first-ever joint defence technology co-development project: the UNICORN (Unified Complex Radio Antenna) naval communication m...
India's Tokyo drift: PMs open new chapter in ties
During Japanese Prime Minister Sanae Takaichi's visit to India, both nations adopted a 16-point Joint Declaration on Economic Security — covering semiconduct...
Cabinet approves reduction in broken grain content in PDS rice to 10% from 25%
The Union Cabinet approved a reduction in the permissible broken grain content in rice distributed under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)...
Labour Ministry makes EPF contributions beyond ₹1,800 voluntary
The Labour and Employment Ministry notified the Employees' Provident Funds Scheme, 2026, which came into effect on June 29, 2026. Under the new framework, ma...
India-EU FTA legal scrub to end in 10-12 days, deal by Dec 31: Piyush Goyal
The India-EU Free Trade Agreement (FTA), concluded in January 2026, is in its legal scrubbing phase, with Commerce Ministry officials indicating the review i...
India-UK trade pact sparks rush of export orders ahead of July 15 rollout
The India-UK Free Trade Agreement (formally, the India-UK Comprehensive Economic and Trade Agreement — CETA) is set to enter into force on July 15, 2026, fol...
RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economy
The Standing Committee on Finance held its 7th sitting on the subject "A Study on Virtual Digital Assets (VDAs) and Way Forward," with representatives of the...
PM Modi, ‘younger sister’ Takaichi unveil roadmap on energy, tech, defence ties
The 16th India-Japan Annual Summit was held in New Delhi, during which both prime ministers adopted a Joint Declaration on Economic Security and signed multi...