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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
27 27

Indian Railways approves first indigenous hydrogen train on Jind-Sonipat route

Indian Railways has approved the introduction of a 10-car hydrogen fuel cell-based trainset on the Jind-Sonipat section of Northern Railway in Haryana, makin...

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

U.S. team to visit India on June 1-4 to ‘finalise the details’ of interim trade agreement

A United States trade delegation, led by the chief negotiator, is scheduled to visit India from June 1–4, 2026, to finalise the details of an Interim Bilater...

GS Paper II (India-US Relations, International Trade) GS Paper III (Economy, Trade Policy) International Relations Economics 5m
27 27

Supreme Court confirms organised online gaming comes under GST regime

A Supreme Court Bench of Justices J.B. Pardiwala and R. Mahadevan, on 27 May 2026, delivered two landmark rulings on the same day concerning online gaming: o...

GS2 GS3 Economics Polity & Governance 7m
27 27

India, Canada reaffirm aim for $50 bn trade, CEPA fast track

India and Canada are intensifying negotiations on a Comprehensive Economic Partnership Agreement (CEPA), with both sides aiming to conclude the pact by end o...

GS Paper 2 (International Relations, Bilateral Agreements) GS Paper 3 (Indian Economy, Trade) International Relations Economics 4m
27 27

India, US to continue trade pact talks in Delhi as American delegation set to visit next month

A senior United States trade delegation is scheduled to visit New Delhi from June 1 to 4, 2026, to advance bilateral trade negotiations. The primary objectiv...

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

Out-of-pocket expenditure on health shows declining trend, states latest National Health Accounts

The latest National Health Accounts (NHA) estimates for 2022-23 show that out-of-pocket expenditure (OOPE) as a share of total health expenditure has decline...

GS Paper 2 (Health, Social Sector, Government Schemes) Social Issues Economics 4m
27 27

Supreme Court backs Tamil Nadu, Karnataka online gaming laws on online rummy, poker with stakes

A Supreme Court Bench of Justices J.B. Pardiwala and R. Mahadevan, on 27 May 2026, delivered two landmark rulings on the same day concerning online gaming: o...

GS2 GS3 Polity & Governance Economics 7m
27 27

US team to visit India from June 1-4 for trade talks

A senior United States trade delegation is scheduled to visit New Delhi from June 1 to 4, 2026, to advance bilateral trade negotiations. The primary objectiv...

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

Cabinet extends SARTHAK-PDS scheme for 5 yrs with Rs 25,530-crore outlay

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

GS2 GS3 Polity & Governance Social Issues Economics 4m
27 27

SC upholds govt retrospective 28% GST levy on online gaming companies

A Supreme Court Bench of Justices J.B. Pardiwala and R. Mahadevan, on 27 May 2026, delivered two landmark rulings on the same day concerning online gaming: o...

GS2 GS3 Polity & Governance Economics 7m
27 27

Sarthak PDS: Cabinet clears Rs 25,000-crore overhaul of public distribution system

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

GS2 GS3 Economics Polity & Governance 4m
26 26

Quad gets a boost with key energy, critical minerals and maritime initiatives; condemns attacks on commercial ships

The 11th Quad Foreign Ministers' Meeting in New Delhi on May 26, 2026 produced a comprehensive set of initiatives spanning critical minerals, energy security...

GS Paper 2 (International Relations, Regional Groupings) GS Paper 3 (Economy, Energy Security, Science & Technology) International Relations Economics Science & Technology 6m
26 26

Government operationalises amended insolvency law, sets 14-day admission deadline for NCLT

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 came into force on May 26, 2026, operationalising significant changes to India's insolvency resoluti...

GS Paper 2 and GS Paper 3 Economics Polity & Governance 5m
26 26

Railway Board gives nod to India’s first hydrogen train, set for launch soon

The Railway Board has granted final approval for the launch of India's first hydrogen-powered train, marking a significant step in green rail mobility. The t...

GS Paper 3 (Infrastructure, Science & Technology, Environment) Science & Technology Economics 4m
26 26

Amid China concerns, India and US sign pact to secure supply of critical minerals

India and the United States signed a bilateral "Framework on the Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths" on May...

GS2 (International Relations, India-US bilateral) GS3 (Economy, Infrastructure) International Relations Economics 6m
26 26

Energy to rare earth, Fiji port to sea patrols: Quad moves to blunt China rise in Indo-Pacific

At the Quad Foreign Ministers' Meeting in New Delhi on May 26, 2026, the four member nations — India, the United States, Australia, and Japan — announced a w...

GS2 (International Relations, India's Foreign Policy, Groupings) GS1 (Geography — Indian Ocean, Pacific) GS3 (Energy, Minerals, Infrastructure) International Relations Economics Geography 7m
26 26

India and US broaden cooperation on critical minerals supply chain. Will it catalyse investments?

India and the United States signed a bilateral Strategic Critical Minerals Cooperation Framework on May 26, 2026, aimed at securing supply chains for mineral...

GS Paper II (India-US Relations, International Organisations) GS Paper III (Economy, Resource Security) International Relations Economics 4m
26 26

Quad announces initiative on Indo-Pacific energy security amid West Asia disruptions

The four Quad partners — India, the United States, Japan, and Australia — announced an Indo-Pacific Energy Security Initiative at the Quad Foreign Ministers'...

GS2 (International Relations, Groupings and Agreements) GS3 (Energy Security, Infrastructure) International Relations Economics 6m
26 26

Quad counters China with $20 billion minerals framework, slams Iran’s Hormuz toll

At the 11th Quad Foreign Ministers' Meeting in New Delhi (May 26, 2026), India, the US, Australia, and Japan announced the Quad Critical Minerals Initiative ...

GS Paper 2 (International Relations, Regional Groupings) GS Paper 3 (Economy, Energy Security) International Relations Economics 5m
26 26

Quad slams Iran’s Hormuz tolls; unveils critical minerals framework at Delhi Meet

The Quad Foreign Ministers convened in New Delhi on May 26, 2026, in a meeting attended by the foreign ministers of India, the United States, Australia, and ...

GS2 (International Relations, India's Foreign Policy, Groupings) GS3 (Energy Security, Economic Security) International Relations Economics 6m