Economics
Trade, fiscal policy, banking, agriculture and economic indicators
New bilateral investment model: 2-year local remedy window, no most favoured nation clause
India has finalised a revised Model Bilateral Investment Treaty (BIT), announced in the Union Budget 2025-26, incorporating three major structural changes ai...
Zoji La tunnel set for ‘breakthrough’ blast today: Gadkari to visit corridor that will provide all-weather Kashmir-Ladakh connectivity
The Zoji La Tunnel project reached a pivotal moment as engineers prepared for the final breakthrough blast, which would link the tunnel's eastern and western...
The Oman CEPA, a new gateway for India’s exports
The India-Oman Comprehensive Economic Partnership Agreement (CEPA), signed on 18 December 2025, entered into force on 1 June 2026 — making it Oman's first bi...
Govt bets on coal gasification projects to cut import dependency, targets Rs 4 lakh crore investment
The Union Coal Ministry has set a target of attracting Rs 4 lakh crore in combined domestic and foreign private investment for coal gasification projects, wi...
West Bengal joins Ayushman Bharat scheme
West Bengal has officially joined the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), becoming the 36th state or Union Territory to implement t...
Phase 1 of India-US trade pact hinges on Section 301 probe, official says
An Indian official confirmed that Phase 1 of the India-US trade agreement cannot be finalised until the USTR concludes its ongoing Section 301 investigations...
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4
The government has reduced the number of subsidised LPG cylinders (14.2 kg each) available annually to Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries fro...
Asia’s longest tunnel project at Zojila set to achieve breakthrough on Tuesday
On June 9, 2026, the Zojila Tunnel project achieved its breakthrough — the completion of full excavation through 13.15 km of rock, a critical engineering mil...
Why RBI is returning to a ‘terrible’ idea to boost foreign inflows
The Reserve Bank of India announced a revival of the Foreign Currency Non-Resident (Bank) — FCNR(B) — deposit swap scheme, under which the RBI will bear the ...
India, US can finalise interim trade pact only after Section 301 investigations concluded, say officials
Finalisation of the India-US interim trade pact has been linked to the conclusion of ongoing Section 301 investigations being conducted by the US Trade Repre...
BRICS meeting in Indore to focus on food security, farmer welfare: Chouhan
Indore is hosting the BRICS Agriculture Working Group Meeting (June 9–11, 2026) followed by the BRICS Agriculture Ministers' Meeting (June 12–13, 2026) under...
India, MERCOSUR target expanded preferential trade pact by mid-2027
India and MERCOSUR (the South American trade bloc comprising Brazil, Argentina, Paraguay, Uruguay, and Bolivia) are targeting the conclusion of an expanded P...
How the government hit its FY26 deficit target despite a subsidy surge
India successfully met its FY26 (2025-26) fiscal deficit target of 4.4% of GDP (Rs 15.7 lakh crore), despite a significant surge in subsidy expenditure durin...
India posts 0.7% current account surplus in March quarter
India recorded a current account surplus of $7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), reversing the $13.2 billion deficit in the preceding ...
India's current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittances
India recorded a current account surplus of USD 7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), a significant turnaround from a deficit position i...
Rural India’s energy crisis: Why dung cakes still fuel kitchens in Uttar Pradesh villages
Despite over 10.33 crore LPG connections distributed under the Pradhan Mantri Ujjwala Yojana (PMUY) as of July 2025, rural households in Uttar Pradesh contin...
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittances
India recorded a current account surplus of USD 7.1 billion (0.7% of GDP) in Q4 FY26 (January–March 2026), driven by strong services exports and a sharp rise...
Indians are growing more pessimistic about the economy. RBI Survey shows why
The Reserve Bank of India's bi-monthly Consumer Confidence Survey (CCS), conducted during May 2–11, 2026, covering 6,086 respondents across 19 major cities, ...
BHAVYA scheme to help attract huge investments, create jobs: Piyush Goyal
The Union Cabinet approved the Bharat Audyogik Vikas Yojana (BHAVYA) scheme with an outlay of ₹33,660 crore to develop 100 plug-and-play industrial parks acr...
100 days of Iran war: India must brace for broad-based economic shock
As the Iran-Israel-US conflict entered its 100th day (beginning from the US launch of Operation Epic Fury on February 28, 2026), India faces compounding econ...