Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Staff crunch, infrastructure hit NCLT operations, must be addressed: Supreme Court
The Supreme Court of India expressed serious concern about staff shortages and inadequate infrastructure at the National Company Law Tribunal (NCLT), observi...
Updates on Key Sectors in View of Developments in West Asia
The Government coordinated a whole-of-government response to disruptions caused by the West Asia conflict, covering petroleum supply, LPG distribution, marit...
Fiscal stress a reality, focus to stay on capex: Expenditure Secretary
The Expenditure Secretary (Department of Expenditure, Ministry of Finance) publicly acknowledged that "fiscal stress is very much a reality" for the Governme...
Abu Dhabi’s OPEC exit begins its ascent of ‘peak oil’
The United Arab Emirates (UAE) formally exited OPEC on May 1, 2026 — the largest split in the cartel's 66-year history — ending nearly six decades of members...
AERB issues permission for major equipment erection at Kudankulam Nuclear Power Project
The Atomic Energy Regulatory Board (AERB) issued permission for Major Equipment Erection at Units 5 and 6 of the Kudankulam Nuclear Power Project (KKNPP) on ...
India continues to be on US priority watch list on IPR
The United States Trade Representative (USTR) released the 2026 Special 301 Report on April 30, 2026, retaining India on the Priority Watch List for intellec...
For 3rd year in a row, RBI brought more than 100 MT of gold to India in FY26
The Reserve Bank of India (RBI) repatriated 104.23 metric tonnes of gold from overseas vaults — primarily the Bank of England in London — to domestic vaults ...
Gulf within: On the UAE leaving OPEC
The United Arab Emirates (UAE) formally exited the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026, becoming the first Gulf Co...
India-UK trade boost: Goyal, Kyle discuss leveraging free trade pact
Senior trade officials from India and the United Kingdom held discussions on boosting bilateral trade and implementing the recently concluded India-UK Free T...
GST revenue follows annual pattern, hits all-time high of Rs 2.43 lakh crore in April 2026
GST collections in April 2026 reached ₹2,42,702 crore (reported as approximately ₹2.43 lakh crore), an all-time monthly high and 8.7% higher year-on-year — c...
Storage in over 50% of India’s major reservoirs drops below 40% of capacity
Central Water Commission (CWC) data shows storage in over 50% of India's 150+ major reservoirs has dropped below 40% of live storage capacity. Total live sto...
Government to sustain capex push despite fiscal stress due to global uncertainties: Finance Ministry official
The Central Government has signalled its commitment to sustaining capital expenditure (capex) even as fiscal stress mounts from global economic uncertainties...
GST collections hit all-time high of ₹2.42 lakh crore in April
Gross GST collections in April 2026 stood at ₹2,42,702 crore, an 8.7% year-on-year increase over ₹2,23,265 crore in April 2025, marking the highest single-mo...
West Asia conflict may trigger $800 billion capex boost for India, but oil and fertiliser risks remain: Morgan Stanley
Morgan Stanley projects that India could attract up to $800 billion in cumulative investment over the next five years as a direct consequence of rising globa...
‘World’s widest underground tunnel’—Mumbai-Pune ‘missing link’ opens with a Guinness World Record
The Mumbai-Pune Expressway 'Missing Link' project was inaugurated on 1 May 2026 — Maharashtra Day — with the opening of two new tunnels completing the previo...
Centre to sustain capex push despite fiscal stress due to global uncertainties: FinMin Official
Despite mounting fiscal pressures from global economic headwinds, the government has affirmed that its capital expenditure (capex) programme will be protecte...
Karnataka government launches India’s first digital grievance redressal system for gig workers
On Labour Day (1 May 2026), Karnataka launched India's first digital grievance redressal system specifically for platform-based gig workers. The mechanism ha...
UPI hits record scale: 24,162 crore transactions worth ₹314 lakh crore in FY26
India's Unified Payments Interface (UPI) recorded 24,162 crore transactions worth ₹314 lakh crore in FY 2025-26, marking the highest annual volume and value ...
India, UAE trade pact helps boost bilateral trade to cross $100 billion: Goyal
Bilateral merchandise trade between India and the UAE has crossed USD 100 billion, with the third Joint Committee meeting on the Comprehensive Economic Partn...
Trump says he’ll place 25% tariff on automobiles from EU, accusing bloc of not complying with trade deal
On May 1, 2026, the US announced it would raise tariffs on automobiles and trucks imported from the European Union to 25%, invoking Section 232 of the Trade ...