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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
28 28

Why Israel’s Haifa Port has become critical to India’s trade and strategic ambitions

India's Adani Group has acquired Israel's Port of Haifa, transforming it into a key node in India's broader trade and strategic infrastructure network in the...

GS Paper 2 (International Relations) GS Paper 3 (Economics) International Relations Economics 4m
28 28

Ten years of recovery: How a bankruptcy legislation turned India's banks around

The Insolvency and Bankruptcy Code (IBC), 2016 marks its tenth anniversary in May 2026, with analysts and the banking sector assessing its transformative imp...

GS Paper 3 (Indian Economy, Banking, Capital Mobilisation) Economics 6m
28 28

From dirty dozen to IBC 2.0: how debt resolution changed in India

The Insolvency and Bankruptcy Code (IBC), enacted on May 28, 2016, completed its first decade of operation in 2026, marking a significant milestone in India'...

GS Paper 2 (Governance) GS Paper 3 (Indian Economy) Economics Polity & Governance 6m
28 28

How much ethanol can your car handle? You may get to choose soon at a fuel station

The government has directed public sector oil marketing companies — Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petrole...

GS Paper 3 (Economy, Environment, Science & Technology) Economics Science & Technology Environment & Ecology 5m
27 27

Tariffs to carbon, the new rules shaping India’s trade

From 1 January 2026, the European Union's Carbon Border Adjustment Mechanism (CBAM) entered its full enforcement phase, requiring importers to purchase CBAM ...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Environment) Economics International Relations Environment & Ecology 6m
27 27

Foodgrain output seen rising 5% to 376.5 MT

The Ministry of Agriculture and Farmers Welfare released the Third Advance Estimate of major agricultural crops for 2025-26 on May 27, 2026, projecting total...

GS Paper I (Indian Geography, Agriculture) GS Paper III (Indian Economy, Food Security) Economics Geography 6m
27 27

US trade negotiators to visit India from June 1-4 for interim trade deal talks

A US trade negotiating team is scheduled to visit India from June 1–4, 2026, to advance discussions toward finalising an interim bilateral trade agreement. T...

GS Paper 2 (India and its Neighbourhood, International Relations) GS Paper 3 (Indian Economy, Trade) International Relations Economics 5m
27 27

Sarthak PDS gets Cabinet nod with Rs 25,530 crore outlay to modernise food distribution system

The Cabinet Committee on Economic Affairs (CCEA) approved the SARTHAK-PDS umbrella scheme on May 27, 2026, with a central outlay of Rs 25,530 crore for five ...

GS2 GS3 Economics Polity & Governance 6m
27 27

US trade delegation to visit India from 1-4 June for trade agreement talks as concerns remain over agri imports

A United States trade delegation, led by the Chief Negotiator, is scheduled to visit India from June 1–4, 2026 to advance negotiations on an India-US Bilater...

GS2 GS3 International Relations Economics 4m
27 27

DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backing

Following the Supreme Court's ruling upholding 28% GST on the full bet value for online gaming platforms, the Directorate General of GST Intelligence (DGGI) ...

GS Paper 2 (Governance) GS Paper 3 (Indian Economy, Taxation) Economics Polity & Governance 5m
27 27

ET Graphics | Base to basket: India's IIP gets a major makeover

The Ministry of Statistics and Programme Implementation (MoSPI) is launching a revised Index of Industrial Production (IIP) series on June 1, 2026, shifting ...

GS Paper 3 (Indian Economy, Economic Development) Economics 5m
27 27

India approves first hydrogen-powered train operations on Jind-Sonipat line in Haryana

The Railway Board approved the introduction of a 10-car hydrogen fuel cell-based DEMU (Diesel Electric Multiple Unit) trainset on the Jind–Sonipat section un...

GS Paper 3 (Infrastructure, Environment, Science & Technology) Science & Technology Economics 5m
27 27

Cabinet clears ₹25,530 Cr ‘SARTHAK-PDS’ scheme to boost ration system for 80 Cr beneficiaries

The Cabinet Committee on Economic Affairs (CCEA) approved the SARTHAK-PDS umbrella scheme on May 27, 2026, with a central outlay of Rs 25,530 crore for five ...

GS2 GS3 Polity & Governance Social Issues Economics 6m
27 27

Cabinet okays Rs 25,530 crore outlay to extend, modernise SARTHAK-PDS scheme till 2031

The Cabinet Committee on Economic Affairs (CCEA) approved the SARTHAK-PDS umbrella scheme on May 27, 2026, with a central outlay of Rs 25,530 crore for five ...

GS2 GS3 Economics Social Issues Polity & Governance 6m
27 27

VB-G RAM G rules: What changes as the new job scheme replaces MGNREGS from July 1?

The Viksit Bharat — Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 — commonly called VB–G RAM G — is set to come into force across India from J...

GS Paper 2 GS Paper 3 Polity & Governance Social Issues Economics 5m
27 27

SC upholds retrospective 28% GST on online gaming cos

The Supreme Court upheld the Centre's imposition of 28% Goods and Services Tax (GST) on online money gaming, fantasy sports, and casino platforms, calculated...

GS Paper 2 GS Paper 3 Economics Polity & Governance 4m
27 27

Cabinet clears tech-driven overhaul of PDS; extends SARTHAK Scheme with ₹25,530 crore outlay

The Cabinet Committee on Economic Affairs (CCEA) approved the SARTHAK-PDS umbrella scheme on May 27, 2026, with a central outlay of Rs 25,530 crore for five ...

GS2 GS3 Polity & Governance Social Issues Economics 6m
27 27

Railways Ministry clears hydrogen fuel cell DEMU for Jind-Sonipat route

The Railway Board approved the introduction of a 10-car hydrogen fuel cell-based DEMU (Diesel Electric Multiple Unit) trainset on the Jind–Sonipat section un...

GS Paper 3 (Infrastructure, Environment, Science & Technology) Science & Technology Economics 5m
27 27

India’s foodgrain production up 5% in 2025-26 crop year

India's total foodgrain production in 2025-26 is estimated at 376.563 million tonnes (MT), an all-time record, representing a 5.3% increase over 357.732 MT i...

GS3 Economics Geography 7m
27 27

Supreme Court upholds 28% GST, retrospective levy on online gaming firms

The Supreme Court dismissed petitions filed by online gaming companies challenging the government's retrospective tax demand of approximately ₹1.5 trillion (...

GS Paper 2 (Governance, Judiciary) GS Paper 3 (Indian Economy, Taxation) Economics Polity & Governance 5m