Economics
Trade, fiscal policy, banking, agriculture and economic indicators
US overtakes Mauritius to become India’s 2nd largest FDI source as inflows cross $11 billion mark
The United States has become India's second-largest source of Foreign Direct Investment (FDI) in FY2025-26, overtaking Mauritius — a shift marking a structur...
How a Supreme Court verdict may put Railways’ finances under strain
The Supreme Court, in *Indian Railways v. West Bengal State Electricity Distribution Company Limited & Others* (2026 INSC 464), held in May 2026 that Indian ...
Surviving a city on ₹13,690
The Uttar Pradesh government revised minimum wages effective April 2026 — the first substantive revision in 12 years — increasing wages for unskilled workers...
No signs of industrial degrowth in India; readying plan to spur investments in some sectors: Piyush Goyal
The central government has stated that there are no signs of industrial degrowth in India, even as global trade disruptions — including the Iran war and supp...
No love in Tokyo for mangoes from India this season
Japan has suspended fresh mango imports from India following a March 2026 inspection that identified deficiencies in fumigation procedures and disinfection s...
5-nation tour pacts to drive job growth: PM Modi
The Prime Minister concluded a five-nation visit to the United Arab Emirates, the Netherlands, Sweden, Norway, and Italy (May 15–20, 2026), the most extensiv...
India to become major defence exporter in 25-30 years: Rajnath Singh
The Union Defence Minister addressed the Society of Indian Defence Manufacturers (SIDM), asserting that India — historically one of the world's largest arms ...
Hutti dazzles as gold prices soar in world market
Hutti Gold Mines Company Limited (HGML) — the only functioning primary gold producer in India — recorded a revenue increase of ₹633.34 crore more in 2025–26 ...
Why did Kerala scrap the SilverLine project?
The Kerala state government officially scrapped the SilverLine semi-high-speed rail project (also known as K-Rail) in May 2026, denotifying all land acquisit...
A ship-sized hole in the budget
Fuel prices in India have been raised multiple times within a 10-day period in May 2026, driven by the ongoing conflict involving Iran and the near-total clo...
Marco Rubio meets PM Modi, says US energy can diversify India’s supply
US Secretary of State Marco Rubio met Prime Minister Narendra Modi in New Delhi on May 23, 2026, in a visit framed as an effort to repair and deepen the bila...
How Iran’s new transit regime tightens its grip over Strait of Hormuz — and leaves world in a dilemma
Iran established the Persian Gulf Strait Authority (PGSA), a body mandated to manage ship transits through the Strait of Hormuz and collect passage fees from...
Rubio, Modi discuss bilateral trade, energy security, West Asia crisis
Energy security featured as a central agenda item during the US Secretary of State's bilateral meeting in New Delhi on May 23, 2026. The US side affirmed tha...
Rubio meets Modi during India visit with energy high on agenda
US Secretary of State Marco Rubio visited India in May 2026 — his first visit as the top US diplomat — with energy security as the centrepiece of discussions...
Centre notifies Draft Rules under VB–G RAM G Act, seeks public feedback by June 20
The Central Government notified draft rules under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB-G RAM G), inviting pub...
States to get VB-G RAM G funding based on 16th Finance Commission formula, ‘performance criteria’
The Ministry of Rural Development published draft implementation rules under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025...
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicals
India and Russia have widened the scope of their energy partnership beyond crude oil, with active discussions on liquefied natural gas (LNG), liquefied petro...
India and Ethiopia Sign Bilateral Accession Protocol for Ethiopia’s WTO Membership in Geneva
India and Ethiopia signed a bilateral accession protocol in Geneva on 22 May 2026, as part of Ethiopia's ongoing process of accession to the World Trade Orga...
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs review meeting at GIFT City, Gandhinagar, in presence of Principal Secretary to the Prime Minister; and Deputy Chief Minister of Gujarat
The Union Ministry of Finance chaired a high-level review meeting at GIFT City, Gandhinagar on May 22, 2026, to assess the progress of India's International ...
CTIL and FICCI Organise Conference on India–Europe Trade Partnerships under Next-Generation FTAs
The Centre for Trade and Investment Law (CTIL) at the Indian Institute of Foreign Trade (IIFT), in collaboration with FICCI, organised a conference titled "N...