Economics
Trade, fiscal policy, banking, agriculture and economic indicators
USTR Greer, Piyush Goyal to hold trade pact talks next week
The US Trade Representative (USTR) is scheduled to visit India on June 22–24, 2026, for two days of talks with the Commerce and Industry Minister on the inte...
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items
India's Wholesale Price Index (WPI)-based inflation rose to 9.68% in May 2026, driven primarily by a surge in energy costs — the highest reading in the curre...
New valuation rules seek fairer outcomes in bankruptcy cases
The Insolvency and Bankruptcy Board of India (IBBI) issued a circular on June 15, 2026 — "Guidelines for Conducting Valuation Under the Insolvency and Bankru...
US Trade Representative to hold trade pact talks with Goyal next week
The US Trade Representative (USTR) is scheduled to visit India on June 22–24, 2026, for two days of talks with the Commerce and Industry Minister on the inte...
India, UK working to resolve issues for trade pact implementation
Negotiations between India and the United Kingdom are actively progressing to resolve implementation-level issues in the Comprehensive Economic and Trade Agr...
PM Modi welcomes US-Iran deal, hopes for freedom of navigation soon
India officially welcomed the framework agreement between the United States and Iran that is set to end the 2026 Hormuz crisis, with the government emphasisi...
Fifth unit of Kudankulam nuclear power project likely to be operational by year-end
The Nuclear Power Corporation of India Limited (NPCIL) has successfully completed erection of the Reactor Pressure Vessel (RPV) inside the reactor building o...
India, UAE step up efforts to expand re-dirham trade
More than 15% of India-UAE bilateral trade has been invoiced in local currencies (Indian Rupee and UAE Dirham) since the rupee-dirham settlement mechanism wa...
Safe Hormuz passage for Disha sparks hope for 34 India-bound ships
An Indian-flagged LNG (liquefied natural gas) tanker became the first to successfully transit the Strait of Hormuz on 15 June 2026, signalling the beginning ...
In a first, USTR Jamieson Greer heads to India on June 23 to give ‘final touch’ to trade deal
The United States Trade Representative (USTR) Jamieson Greer visited India (arriving June 22, 2026) for high-level talks aimed at finalising a bilateral trad...
USTR Jamieson Greer to visit India to finalise interim trade deal amid diplomatic friction
The United States Trade Representative (USTR) Jamieson Greer visited India in June 2026 to finalise the framework of an interim bilateral trade agreement, fo...
India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok Gulati
Expert commentary from agricultural economist Ashok Gulati has renewed scrutiny of India's fertiliser subsidy regime, arguing that it is structurally broken ...
Mint Explainer | What a strong El Nino could mean for India
The India Meteorological Department (IMD) announced the onset of an El Niño event in June 2026, downgrading its seasonal rainfall forecast to approximately 9...
Wholesale inflation surges to 9.68% in May over sharp rise in crude oil prices
Wholesale Price Index (WPI)-based inflation rose to 9.68% year-on-year in May 2026, up sharply from 8.26% in April 2026, hitting a series high under the new ...
Kharif 2026 sowing gets off to a slow start as El Niño casts shadow over monsoon
Kharif crop sowing for 2026-27 has commenced at a slower-than-normal pace, with total area sown at 7.25 million hectares by June 5, 2026 — approximately 200,...
WPI inflation surges to all-time high of 9.7% under new series
Wholesale Price Index (WPI) inflation for May 2026 surged to 9.7% — the highest reading since the launch of the new WPI series (base year 2022-23), released ...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite
India's wholesale price inflation for May 2026 stood at 9.68% year-on-year under the newly revamped WPI series (base year 2022-23), released by the Office of...
India introduces PPI for goods and services, begins shift from WPI
The Office of the Economic Adviser (OEA) under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, releas...
U.S.-Iran peace deal announced with ‘permanent’ end to military action
The United States and Iran reached a Memorandum of Understanding (MoU) — referred to as the "Islamabad MoU" — to end active military hostilities following we...
India, France adopt Innovation Roadmap 2030, Economic Security Dialogue
During a bilateral summit in June 2026, India and France adopted the India-France Innovation Roadmap 2030 — a structured framework for joint collaboration in...