Economics
Trade, fiscal policy, banking, agriculture and economic indicators
DEA notice awaited on easing FDI rules for foreign cos with up to 10% in China firms
The Department of Economic Affairs (DEA) is finalising a formal notification under the Foreign Exchange Management Act (FEMA) to operationalise a March 2026 ...
West Asia crisis poses supply shock risk, if recovery delayed inflation may spread across economy: Finance Ministry
The Finance Ministry's April 2026 Monthly Economic Review warns that the West Asia conflict has already created a visible supply shock in India's economy, wi...
India's GDP forecast of 7-7.4% for FY27 clouded by West Asia war: Finance Ministry
The Finance Ministry's Monthly Economic Review for April 2026 states that India enters FY2026-27 with strong domestic fundamentals — robust consumption, sust...
States with revenue deficits and high debt burdens will find current crisis more challenging, Centre warns
A new analysis by the Ministry of Finance warns that Indian states already carrying revenue deficits and elevated debt burdens will face a compounded challen...
Railways Minister flags off first Jammu-Srinagar direct train service on ‘historic day’
The first direct Jammu–Srinagar Vande Bharat Express service was flagged off on April 30, 2026, extending the existing Katra–Srinagar Vande Bharat to Jammu T...
From surplus to strain: World rice supply threatened by Iran war, El Nino
Global rice production is expected to decline in 2026 as farmers across major exporting nations — Thailand, Vietnam — reduce planted acreage and cut fertiliz...
FDI inflows set to top $90 billion in FY26, says DPIIT Secretary Bhatia
India's gross foreign direct investment (FDI) inflows for the financial year 2025–26 are projected to exceed $90 billion, as confirmed by senior DPIIT offici...
India eases FDI norms; firms with minor Chinese stake to get automatic route access
India has amended its foreign direct investment (FDI) policy by modifying Press Note 3 of 2020, enabling foreign companies in which Chinese entities hold up ...
India plans ₹51,000 crore push to procure 62 ships amid West Asia crisis
The Ministry of Ports, Shipping and Waterways announced plans to procure 62 new vessels at a cost of ₹51,383 crore, significantly scaling up India's commerci...
Draft rules on 100% Ethanol: Not all vehicle makers are gung-ho about it
The Ministry of Road Transport and Highways issued a draft notification to amend the Central Motor Vehicles Rules, 1989, formally proposing the introduction ...
Government to roll out Panchayat Advancement Index 3.0 to boost data-driven grassroots planning, assess progress
The Ministry of Panchayati Raj is set to introduce the Panchayat Advancement Index 3.0 (PAI 3.0) in May 2026, an upgraded performance measurement framework f...
Why the UAE is leaving OPEC
The United Arab Emirates formally announced its withdrawal from the Organisation of the Petroleum Exporting Countries (OPEC), ending a membership that began ...
FDI easing for foreign cos with up to 10 pc Chinese stake to be notified soon under FEMA soon
The Union Cabinet's March 2026 approval of amendments to Press Note 3 (2020) will be given legal effect through a formal notification under the Foreign Excha...
W.O.R.R is the worry. A four-way assault pummells Indian macro
India's economy is simultaneously contending with four compounding macro shocks, encapsulated in the acronym W.O.R.R.: War (West Asia conflict), Oil (crude p...
RBI accelerates gold repatriation as global trust wanes
The Reserve Bank of India (RBI) has accelerated repatriation of gold held in overseas vaults, with nearly 77% of its total gold reserves now held domesticall...
IMEC momentum to boost Karnataka exports amid global trade disruptions
As geopolitical disruptions continue to strain traditional maritime trade routes — particularly the Strait of Hormuz and the Suez Canal — the India-Middle Ea...
How OPEC dictated oil prices for decades, and why UAE is exiting it
The United Arab Emirates formally announced its departure from OPEC (Organization of the Petroleum Exporting Countries) and the broader OPEC+ grouping, effec...
SEBI appoints Care Ratings to vet performance and risk of market stakeholders
SEBI (Securities and Exchange Board of India) appointed CARE Ratings Limited as the designated entity under the newly operationalised PaRRVA (Past Risk and R...
RBI exempts small NBFCs from registration
The Reserve Bank of India issued final guidelines exempting Non-Banking Financial Companies (NBFCs) with asset size below ₹1,000 crore that do not avail publ...
West Asia war, rain deficit can hike inflation, drag India's growth: Finmin
The Finance Ministry's Monthly Economic Review (MER) for April 2026 identified the ongoing West Asia conflict and a predicted below-normal monsoon as the two...