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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 11 articles
01 01

Centre, states collect record ₹2.43 trillion in gross April GST revenue

The combined gross GST revenue collected by the Centre and all states for April 2026 reached approximately ₹2.43 lakh crore (₹2,42,702 crore), marking the hi...

GS Paper 3 (Indian Economy Fiscal Federalism Taxation) Economics 4m
01 01

India stays on USTR priority watch list on IPR

India continues to figure on the USTR Priority Watch List in the 2026 Special 301 Report, published April 30, 2026 — a position it has held continuously sinc...

GS2 (International Relations WTO) GS3 (Indian Economy Intellectual Property Pharmaceutical Sector) International Relations Economics 5m
01 01

India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%

India's gross GST revenue for April 2026 stood at ₹2,42,702 crore, the highest monthly collection since GST was launched in July 2017. This represents an 8.7...

GS Paper 3 (Indian Economy Taxation Government Budgeting) Economics 3m
01 01

Fertiliser output steady despite West Asia crisis; govt secures 37 lac ton urea imports for kharif

Despite the ongoing West Asia conflict disrupting global energy and shipping routes, India's domestic fertiliser production has remained broadly stable. Dome...

GS Paper III (Agriculture Food Security Supply Chains) Economics Geography 5m
01 01

Rain check! A dry economic switch may add to Indians' war-led shocks

India's 2026 southwest monsoon season is forecast to be below normal — the first below-normal monsoon in three years — driven by a return of El Nino conditio...

GS Paper 3 (Indian Economy Agriculture Disaster Management) and GS Paper 2 (International Relations — India's economic interests) Economics Geography Environment & Ecology 7m
01 01

US raises concerns at India’s duties on IP-intensive goods, source code, AI working paper

The USTR's 2026 Special 301 Report, released April 30, raises specific concerns about two areas of Indian policy beyond pharmaceutical patents: high import d...

GS2 (International Relations Bilateral Trade Disputes) GS3 (Indian Economy Digital Trade Technology Policy) International Relations Economics Polity & Governance 4m
01 01

India, UK discuss ways to boost bilateral trade

India and the UK held a virtual bilateral meeting to advance trade and investment cooperation, with discussions centred on operationalising the Comprehensive...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) International Relations Economics 4m
01 01

US Trade Representative retains India on priority watch list on IPR; Vietnam faces toughest scrutiny

The United States Trade Representative (USTR) released its annual Special 301 Report on April 30, 2026, retaining India on the Priority Watch List for intell...

GS2 (International Relations Bilateral Agreements) GS3 (Indian Economy Intellectual Property) International Relations Economics 4m
01 01

Give our bullion back: India wants its gold under own lock and key

The Reserve Bank of India (RBI) has significantly accelerated the repatriation of India's gold reserves stored overseas, bringing back 168.06 metric tonnes d...

GS Paper 3 (Indian Economy Monetary Policy International Finance) Economics International Relations 6m
01 01

Govt to continue with budgeted capex despite fiscal stress due to global uncertainties: Official

Despite fiscal stress arising from global trade-war-related uncertainties and potential revenue shortfalls, the Union government has affirmed its commitment ...

GS Paper 3 (Indian Economy Fiscal Policy Infrastructure) Economics Polity & Governance 5m
01 01

Mines Ministry deems 58 companies eligible to participate in critical minerals recycling scheme

The Ministry of Mines has approved 58 companies as eligible participants under the Incentive Scheme for Promotion of Critical Mineral Recycling, a flagship c...

GS Paper III (Infrastructure Environment Resource Security) Economics Science & Technology Environment & Ecology 5m
April 2026 9 articles
30 30

Align food system to hydrological realities

The World Bank released its flagship report "Nourish and Flourish: Water Solutions to Feed 10 Billion People on a Livable Planet" in March 2026, warning that...

GS Paper 1 (Geography) GS Paper 3 (Agriculture Environment Economy) Environment & Ecology Economics Geography 5m
30 30

Gulf within: on the UAE leaving OPEC

The United Arab Emirates formally announced its departure from OPEC and the broader OPEC+ grouping, with the exit effective May 1, 2026, in a major blow to t...

GS Paper 2 (International Relations) GS Paper 3 (Economics) International Relations Economics 5m
30 30

India’s sprint beyond the dairy red line to the Pacific

The India–New Zealand FTA represents a calibrated shift in India's trade posture, marking the first time India has offered any form of preferential market ac...

GS Paper 2 (International Relations) GS Paper 3 (Economy) International Relations Economics 6m
30 30

Fertiliser output steady despite West Asia crisis; government secures 37 lakh ton urea imports for kharif

Total domestic fertiliser production stood at 62.37 lakh tonnes during March–April 2026, while imports were at 15.39 lakh tonnes — together adding approximat...

GS Paper 3 (Agriculture Economy Internal Security/Geopolitics) Economics International Relations 4m
30 30

SEZs must diversify beyond U.S. market and IT services: CEA

India's Chief Economic Adviser (CEA) highlighted that approximately half of all Special Economic Zone (SEZ) exports flow to just two destinations — the Unite...

GS Paper 3 (Economy Infrastructure Trade) Economics International Relations 4m
30 30

On May Day, a workforce in India without a floor

India's four Labour Codes — the Code on Wages 2019, the Industrial Relations Code 2020, the Code on Social Security 2020, and the Occupational Safety, Health...

GS Paper 2 (Social Justice Labour Rights) GS Paper 3 (Indian Economy Industrial Policy) Economics Social Issues 4m
30 30

India plans ₹51,000 crore ship acquisition to secure energy supply chain

India announced a roadmap to acquire 62 vessels in FY 2026–27, backed by an investment of ₹51,383 crore, creating an additional 2.85 million Gross Tonnage (G...

GS Paper 2 (International Relations) GS Paper 3 (Infrastructure Economy Energy Security) Economics Geography International Relations 5m
30 30

India’s first green methanol plant to turn Kutch’s most invasive weed into marine fuel

India's first green methanol plant is being set up to convert Prosopis juliflora — an invasive weed that has devastated the Banni grasslands of Kutch, Gujara...

GS Paper 3 (Environment Science & Technology Economy) Environment & Ecology Science & Technology Economics 5m
30 30

SVAMITVA maps 3.3L villages, unlocks Rs 135L cr in rural land value: Study showcased at WB meet

An IIM Ahmedabad impact evaluation study supported by the World Bank found that the SVAMITVA scheme has digitally mapped approximately 3.30 lakh (330,000) vi...

GS Paper 2 (Governance Social Justice) GS Paper 3 (Agriculture Rural Economy) Polity & Governance Economics Science & Technology 4m
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