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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
21 21

Unincorporated establishments surge to over 9 cr; jobs hit 15-cr mark: Govt survey

The National Statistical Office (NSO) released the latest Annual Survey of Unincorporated Sector Enterprises (ASUSE) data, showing that the number of unincor...

Prelims and Mains — GS Paper 3 (Indian Economy — Growth, Development, Employment) Economics Social Issues 4m
21 21

India, Italy upgrade ties to special strategic partnership after Modi-Meloni talks

India and Italy formally upgraded their bilateral relationship to a Special Strategic Partnership on May 20, 2026, following talks in Rome — the first dedica...

GS Paper 2 (International Relations) GS Paper 3 (Infrastructure, Economy) International Relations Economics 7m
21 21

ITA flags financial stress in India’s tea sector despite record 280 million kg exports

The Indian Tea Association (ITA) has flagged acute financial stress in India's tea sector despite the country recording a historic export of 280.40 million k...

GS Paper 1 (Geography) GS Paper 3 (Agriculture, Economy, Environment) Economics Environment & Ecology Geography 7m
20 20

India-Italy ties hit sweet spot: Deals on defence, critical minerals

India and Italy finalised a Defence Industrial Roadmap during the Rome summit (May 19–20, 2026) covering co-development and co-production of helicopters, nav...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Science & Technology) International Relations Economics Science & Technology 6m
20 20

India’s pitch to US nuclear mission: Scale up capacity, small modular reactors key

India has pitched to the US-side of the bilateral nuclear energy cooperation framework to scale up nuclear capacity, with small modular reactors (SMRs) ident...

GS Paper 2 (International Relations) GS Paper 3 (Science and Technology, Energy) Science & Technology International Relations Economics 7m
20 20

FAO Agricola Medal conferred on PM Modi

The Food and Agriculture Organization (FAO) of the United Nations conferred its highest honour, the Agricola Medal 2026, on India's Prime Minister, at a cere...

GS Paper 2 (International Relations, International Organisations) GS Paper 3 (Agriculture, Food Security) International Relations Economics 7m
20 20

As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixes

Niti Aayog released two reports titled "Ease of Doing Research & Development in India — Removing Obstacles, Promoting Enablers" and an accompanying survey re...

GS Paper 3 (Science and Technology, Indian Economy) Economics Science & Technology 5m
20 20

CCI to onboard analysts and data scientists

The Competition Commission of India (CCI) is onboarding data scientists and analysts with expertise in artificial intelligence tools and digital market opera...

GS Paper 2 (Governance, Regulatory Bodies) GS Paper 3 (Indian Economy, Science and Technology) Polity & Governance Economics Science & Technology 6m
20 20

India, Italy upgrade ties | Special strategic partnership announced: Trade to corridor, defence to ports

India and Italy elevated their bilateral relationship to a Special Strategic Partnership on May 20, 2026, during a summit in Rome — the highest level of bila...

GS Paper 2 (International Relations, Bilateral Agreements) International Relations Economics 4m
20 20

Expert Explains | How UAE’s exit from OPEC presents an opportunity for India’s strategic petroleum reserves

The United Arab Emirates announced its withdrawal from OPEC and the broader OPEC+ alliance, effective May 1, 2026 — the most significant defection in the car...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Indian Economy) Economics International Relations Geography 7m
20 20

‘Not sustainable’: Why the Kerala government scrapped Rs 64,000 cr SilverLine project

The Kerala government officially scrapped the SilverLine (K-Rail) semi-high-speed rail corridor project in May 2026, with the announcement that all proceedin...

GS Paper 2 (Government Policies, Centre-State Relations) GS Paper 3 (Infrastructure, Land Acquisition) Polity & Governance Economics 5m
20 20

India's weather futures debut puts Mumbai rain up for trade

India's National Commodity and Derivatives Exchange (NCDEX) launched the country's first exchange-traded weather derivative contract — branded "RAINMUMBAI" —...

GS Paper 3 (Indian Economy, Agriculture, Disaster Management) Economics 4m
20 20

PM Modi receives ‘Agricola Medal’, Food and Agriculture Organisation’s highest honour in Italy | LIVE

During a five-nation diplomatic tour, the Prime Minister received the Food and Agriculture Organisation's (FAO) highest honour, the Agricola Medal, at the FA...

GS Paper 2 (International Relations, Bilateral Agreements) + GS Paper 3 (Agriculture, Food Security) International Relations Economics 5m
20 20

Commerce Dept maps import substitution, export push amid West Asia concerns

The Department of Commerce convened consultations with industry bodies, asking them to suggest measures for import substitution and export promotion in respo...

GS Paper 3 (Indian Economy, Trade, Balance of Payments) GS Paper 2 (International Relations) Economics International Relations 6m
20 20

Heavy Industries Ministry consults industry to speed up e-buses, e-trucks

The Ministry of Heavy Industries convened a stakeholder consultation with fleet operators, financiers, and industry bodies to accelerate adoption of electric...

GS Paper 3 (Infrastructure, Environment, Technology) GS Paper 2 (Government Policies) Economics Science & Technology 5m
20 20

Ukraine ally Britain eases sanctions on Russian oil as fuel prices surge over Iran conflict

The United Kingdom issued trade licences easing previously announced sanctions on Russian oil refined in third countries such as India and Turkey, permitting...

GS Paper 2 (International Relations) GS Paper 3 (Economy) International Relations Economics 5m
20 20

India’s core sector growth edges up to 1.7% in April on steel, cement boost

India's Index of Eight Core Industries (ICI) recorded year-on-year growth of 1.7% in April 2026, a two-month high, up from a revised 1.2% in March 2026. Grow...

GS Paper 3 (Indian Economy, Infrastructure) Economics 4m
20 20

Hormuz crisis: Australian LNG to India will surge, says Australian High Commissioner

Australia's High Commissioner to India stated that Australian LNG could reach eastern India via crisis-free Indian Ocean routes, bypassing the blocked Strait...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Environment) International Relations Economics Geography 5m
20 20

Only 8% of Atal Pension Yojana’s subscribers opt for ₹5,000 monthly slab; 87% choose minimum sum of ₹1,000

Data from the Pension Fund Regulatory and Development Authority (PFRDA) shows that approximately 87% of Atal Pension Yojana (APY) subscribers have chosen the...

GS Paper 2 (Social Justice, Government Schemes) GS Paper 3 (Indian Economy) Economics Social Issues 4m
20 20

Rules for new rural employment scheme to be issued soon

The Ministry of Rural Development informed a Parliamentary Standing Committee on May 20, 2026, that 25 states have already allocated funds for the new rural ...

GS Paper 2 (Government Policies, Welfare Schemes) GS Paper 3 (Employment, Poverty) Polity & Governance Economics 5m