Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Govt limits diesel sales to 200 litres per vehicle in a day, bars bulk users to buy through petrol pumps
The Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026 o...
Govt bars bulk industrial petrol, diesel purchases through petrol pumps
The Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026 o...
Asked India to buy Russian oil, then hit us with tariffs: Jaishankar on US flip-flops
India's Ministry of External Affairs, in remarks delivered at an international forum in Finland, publicly highlighted a contradiction in US trade and energy ...
India retail inflation hits 16-month high of 3.93% in May amid food, energy price rise
India's retail CPI inflation rose to 3.93% in May 2026 from 3.48% in April — the fifth straight monthly increase and the highest reading under the new CPI 20...
At NITI Aayog, Vijay lays out TN development agenda—raises NEET, funds, youth skills & infra demands
At the 11th NITI Aayog Governing Council Meeting (June 11–12, 2026), Tamil Nadu's Chief Minister presented a comprehensive development agenda emphasising coo...
3 strikes, 3 days, 3 deaths—Rise in Indian-crewed shadow fleet ships draws concern in New Delhi
Three oil tankers were struck by US naval forces within three days off the coast of Oman, resulting in three Indian seafarer deaths and at least 65 requiring...
India's retail inflation quickens to 3.93% in May amid high food & fuel prices
India's Consumer Price Index (CPI)-based retail inflation rose to 3.93% in May 2026, up from 3.48% in April — marking the fifth consecutive monthly increase ...
India willing to let fiscal deficit widen to 4.8% of GDP: Report
India may allow its fiscal deficit to widen to 4.8% of GDP in 2026-27, departing from the 4.3% target set in the Union Budget presented in February 2026. The...
BRICS agriculture ministers begin deliberations in Indore on food security, small farmers' welfare
A five-day BRICS agriculture event is underway in Indore, comprising a three-day Agricultural Working Group meeting (June 9–11) followed by a two-day ministe...
Weak monsoon, El Niño to take a tenth of India’s hydro power generation offline
The India Meteorological Department (IMD) has revised its 2026 southwest monsoon forecast down to 90% of the Long Period Average (LPA) — placing the outlook ...
NITI Aayog meet: PM Modi & CMs talk about making energy ‘available & reliable’, prices ‘competitive’
At the 11th Governing Council Meeting of NITI Aayog (June 11, 2026), energy emerged as a central policy theme under the meeting's theme "Inclusive Human Deve...
First gold jewellery shipment from Kolkata to Oman sent under India-Oman CEPA
On June 11, 2026 — just ten days after the India–Oman CEPA came into force (June 1, 2026) — the first consignment of gold jewellery from Kolkata was dispatch...
PM Surya Ghar sees 40 lakh installations so far: Local cell mandate may hit solar scheme
PM Surya Ghar: Muft Bijli Yojana has surpassed 40 lakh rooftop solar installations across India, making it one of the fastest-scaling residential solar progr...
India moves to diversify pharma exports & cut US market dependence, eyes $130 billion target by 2030
The Commerce Ministry has initiated measures to reduce India's dependence on the US market for pharmaceutical exports, following the West Asia crisis and its...
Himachal wants high level committee to assess financial impact; Punjab wants Special Category Status
At the 11th Governing Council Meeting of NITI Aayog (June 11, 2026), Himachal Pradesh demanded that a high-level committee be constituted to assess the finan...
Gearing up for El Nino: NCCF puts tenders to sell Tur Dal on hold
The National Cooperative Exports Limited (NCCF) has paused tenders for selling tur (arhar) dal from the government's buffer stock, following a request from t...
FM Sitharaman flags global crisis spillovers, unfair burden on developing nations
Finance Minister Nirmala Sitharaman virtually attended the Global Convergence for Growth Summit on June 11, 2026, chaired by French President Emmanuel Macron...
World Bank Raises India's FY27 Growth Forecast to 6.6%
The World Bank has revised upward India's GDP growth forecast for FY 2026-27 (April 2026 – March 2027) to 6.6%, positioning India as the world's fastest-grow...
India grants retrospective custom duty relief on imports of select nuclear power generation equipment
The Union Government has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and January...
Govt extends excise duty exemption to higher ethanol-petrol blends
The Central Government has extended the excise duty exemption on petrol blended with higher levels of ethanol, reducing central excise duty to nil on petrol ...