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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

June 2026 20 articles
28 28

EU carbon tax: Government to shoulder 90 per cent compliance bill of MSMEs

The Union government has committed to bearing 90 per cent of the compliance costs that MSMEs face under the European Union's Carbon Border Adjustment Mechani...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Environment) Economics International Relations 4m
27 27

Union Ministry of Commerce and Industry Shri Piyush Goyal Urges Companies to Build on India–UK CETA Momentum Through Sustained Business Engagement

A high-level India–UK business plenary titled "India–UK: Partners in Progress" was held in London to translate emerging opportunities under the India–UK CETA...

GS2 (International Relations, Bilateral Agreements) GS3 (Economics, Trade Policy) International Relations Economics 6m
27 27

Digital India Nears 11 Years, Driving India's Next Phase of Technology-Led Growth through Artificial Intelligence, Semiconductor Manufacturing, Digital Public Infrastructure and Affordable Digital Connectivity

The Digital India programme, launched on 1 July 2015, is completing eleven years, entering a new phase focused on artificial intelligence, semiconductor manu...

GS3 (Science & Technology, Economy) GS2 (Governance) Science & Technology Economics Polity & Governance 7m
27 27

New GST jurisdiction to handle pending cases after business shift: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) issued a circular (No. 255/01/2026-GST, dated 25 June 2026) clarifying how GST jurisdiction is determi...

GS Paper 2 (Government policies and interventions); GS Paper 3 (Indian Economy, Taxation) Economics Polity & Governance 4m
27 27

India’s first hydrogen-powered train successfully completes trial run between Delhi & Jind

India's first hydrogen fuel cell-powered train successfully completed a final high-speed trial run on the Delhi–Jind route, reaching 120 km/h, with emergency...

GS Paper 3 (Infrastructure; Environment; Science & Technology) Science & Technology Economics 4m
27 27

India’s first hydrogen train undergoes Delhi-Jind trial run ahead of launch

India's first indigenous hydrogen fuel cell train completed a trial run between Delhi and Jind (via Sonipat) on the Northern Railway zone, achieving a top sp...

GS Paper 3 (Science & Technology, Infrastructure, Environment) Science & Technology Economics 6m
27 27

Piyush Goyal announces deployment of 1,000 advisory personnel to help businesses maximise India-UK CETA benefits

The Union Ministry of Commerce and Industry announced the deployment of 1,000 advisory personnel across India to help businesses understand and maximise bene...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
27 27

FEMA rules revision: Exporters flag at least half-a-dozen worries

The Reserve Bank of India (RBI) notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, consolidating and repla...

GS Paper 3 (Indian Economy, External Sector, Trade) Economics Polity & Governance 5m
27 27

Why post-harvest loss is a farmer income story — not just a food security one

Analysis highlights that post-harvest losses in India are fundamentally a farmer income problem: what a farmer earns is determined not only by what is grown,...

GS Paper 3 (Agriculture, Food Security, Government Schemes) Economics Social Issues 6m
26 26

A human firmly in the loop: RBI proposes ‘kill switch’ for AI used by banks & NBFCs

The Reserve Bank of India (RBI) released draft "Guidance on Regulatory Principles for Model Risk Management" (PR 2026-2027/528) on June 24, 2026, introducing...

GS Paper 3 (Economy — Banking, Technology); GS Paper 2 (Governance, Regulatory Bodies) Economics Science & Technology 4m
26 26

NFSA amendments: 7 kg of foodgrains for a person, and maximum 35 kg for a household

The Department of Food and Public Distribution has circulated a draft National Food Security (Amendment) Bill, 2026, inviting public comments until July 13, ...

GS2 (Government Policies & Interventions, Welfare Schemes) GS3 (Food Security) Polity & Governance Social Issues Economics 4m
26 26

Goldman Sachs raises India's CY26 GDP growth forecast to 6.8%, cuts inflation, CAD estimates

Goldman Sachs revised India's calendar year 2026 (CY26) GDP growth forecast upward to 6.8%, from an earlier lower estimate. Simultaneously, the investment ba...

GS Paper 3 (Indian Economy — Growth, Inflation, External Sector, Monetary Policy) Economics 5m
26 26

'Seize the moment': Piyush Goyal sees India-UK trade pact unlocking 'floodgates' for business

The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to enter into force on July 15, 2026, following its signing in London on July 24, 2025....

GS Paper 2 (India and its Neighbourhood, Bilateral Groupings and Agreements) and GS Paper 3 (Indian Economy, Effects of Liberalisation) International Relations Economics 6m
26 26

India initiates anti-dumping investigation into steel imports from China, Japan, Russia

India's Directorate General of Trade Remedies (DGTR) formally initiated an anti-dumping investigation on 25 June 2026 into imports of certain hot-rolled flat...

GS Paper 2 (International Relations, India's trade policy) GS Paper 3 (Indian Economy, Industrial Policy) Economics International Relations 5m
26 26

Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoption

The central government is planning a ₹12,000 crore incentive package aimed at accelerating electric bus adoption by private fleet operators. The proposed sch...

GS Paper 3 (Environment, Economy, Technology) Economics Science & Technology 5m
26 26

Iranian oil may return, but Indian refiners eye concessions

Following the US Treasury's issuance of General License X on June 22, 2026 — a 60-day waiver authorising the production, sale, and import of Iranian crude oi...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Energy Security) International Relations Economics 6m
25 25

Iran oil minister in Delhi amid 60-day US sanctions waiver

Iranian Oil Minister Mohsen Paknejad visited New Delhi in late June 2026, arriving on the sidelines of the 11th BRICS Energy Ministers' Meeting, hosted by In...

GS Paper 2 (International Relations, India's Bilateral Relations) International Relations Economics 5m
25 25

Union Finance Minister says State borrowing justified if spent on capex

The Union Finance Minister stated in June 2026 that borrowing by state governments is fully justified when the borrowed funds are deployed into long-term cap...

GS Paper 3 (Indian Economy — Fiscal Policy, Growth, Infrastructure) Economics Polity & Governance 5m
25 25

MoU signed for semiconductor research

India's semiconductor ecosystem strengthening continued in June 2026 with multiple MoUs signed between academic institutions and industry partners focused on...

GS Paper 3 (Science & Technology, Economy, Industrial Policy) Science & Technology Economics 5m
25 25

India’s shipbuilding ambitions can set sail with Korea

India and South Korea formalised the VOYAGES (Vision for Operation of Yard Assisted Growth with Efficiency and Scale) framework on April 20, 2026, during Sou...

GS Paper 2 (International Relations, Bilateral Relations) GS Paper 3 (Infrastructure, Economy) International Relations Economics 6m