Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India’s LPG dependence on U.S. | Explained
The United States has emerged as India's largest single supplier of Liquefied Petroleum Gas (LPG), with U.S. shipments accounting for a majority share of Ind...
UPI and the cost of policy reversal
A proposal under consideration would permit a Merchant Discount Rate (MDR) of 0.25–0.5% on UPI transactions above ₹2,000, primarily targeted at large merchan...
Marginal increase in unemployment rate April-June quarter: PLFS
The Periodic Labour Force Survey (PLFS) data for the April-June quarter shows a marginal increase in the overall unemployment rate compared to the previous q...
Third phase of Green Energy Corridor in final stages, up for Cabinet approval
The third phase of the Green Energy Corridor (GEC-III), a dedicated transmission infrastructure programme for renewable energy evacuation, is in its final st...
UPI will remain free for consumers, Nirmala Sitharaman tells Rajya Sabha
The Rajya Sabha completed passage of the Taxation and Other Laws (Amendment) Bill, 2026, which had already been passed by the Lok Sabha, by returning it afte...
India-SACU trade pact terms may be signed tomorrow
India and the Southern African Customs Union (SACU) are moving to finalize the Terms of Reference (ToR) for a proposed Preferential Trade Agreement (PTA), th...
Unemployment rate up at 5.4% on rise in rural joblessness in Q1
India's overall unemployment rate rose to 5.4% in the April-June 2026 quarter, up from 5% in the preceding quarter, per the latest Periodic Labour Force Surv...
Rice use for ethanol may rise as maize, sugarcane acreage falls this Kharif season
Kharif maize acreage this season has fallen sharply across major producing states, with steep declines reported in Karnataka, Uttar Pradesh, Maharashtra, and...
Indonesia-India discuss proposal to create Preferential Trade Agreement
The Indian and Indonesian trade ministers held a bilateral meeting to discuss expanding trade and investment cooperation Both sides discussed a proposal for ...
Consumers & small merchants will not have to pay any charges on UPI transactions, says FM Sitharaman
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to amend Section 10A of the Payment and Settlement Systems Act, 2007 The amendment replaces the e...
Govt mulls curbing use of cane for ethanol to tame record-high sugar market
The government is considering restricting the use of sugarcane for ethanol production in the season beginning October, to boost sugar availability and ease r...
India considers curbing use of sugarcane for ethanol to tame record-high sugar market
The government is reportedly considering restricting the diversion of sugarcane juice and B-heavy molasses to ethanol production in the sugar season beginnin...
India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12
India and the Southern African Customs Union (SACU) are set to sign the Terms of Reference for negotiating a Preferential Trade Agreement (PTA) The Terms of ...
Russia’s share in India’s oil imports jump to all-time high of 48% despite 100% tariffs threat from U.S.
Russia's share in India's crude oil imports has risen to an all-time high of 48%, despite an emerging tariff threat from the United States The US Senate has ...
After a dash for hot dollars, India dives deep for sticky money
Policy focus is reported to be shifting from attracting short-term foreign portfolio capital toward securing long-term foreign direct investment, as part of ...
Govt introduces NCDC Amendment Bill 2026 to expand direct funding for cooperatives
The National Cooperative Development Corporation (Amendment) Bill, 2026 was introduced in the Lok Sabha The Bill expands the NCDC's lending powers, allowing ...
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target
Combined receipts from disinvestment and asset monetisation for FY26 (2025-26) reached Rs 45,306 crore, exceeding the Revised Estimate for the year Of this, ...
Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022
Official data shows India's youth unemployment rate declined to 9.9 percent in 2025, down from 10.9 percent in 2022. The Worker Population Ratio (WPR) for yo...
India plans 5,000-km border highway push to boost military mobility, trade
A plan has been outlined to build more than 5,000 km of border highways over the next three to five years The proposed investment is upward of ₹2 trillion (₹...
Indian refiners brace for pricier crude after September as Russia sanctions loom
The United States Senate has passed a sanctions bill targeting Russia and Iran, which is now before the House of Representatives for further consideration. T...