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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
19 19

More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025

By December 2025, more than 8,800 corporate insolvency resolution cases had been admitted under the Insolvency and Bankruptcy Code (IBC), 2016. Creditors hav...

GS Paper 3 (Indian Economy) Economics Polity & Governance 3m
19 19

IBBI issues new guidelines to speed up appointment of insolvency professionals

The Insolvency and Bankruptcy Board of India (IBBI) issued the Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution P...

GS Paper 3 (Indian Economy, Governance) Economics Polity & Governance 4m
19 19

US extends sanctions waiver for Russian crude again: The move, its impact on India explained

The US Treasury Department's Office of Foreign Assets Control (OFAC) issued General License No. 134C on May 18, 2026, extending the sanctions waiver for Russ...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Indian Economy) International Relations Economics 4m
19 19

U.S.-China: A temporary truce

Following the May 14, 2026 Trump-Xi summit in Beijing, the United States and China announced a partial trade deal involving agricultural purchases, rare eart...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Effects of Globalisation) International Relations Economics 4m
19 19

RBI set to pay government record dividend to cushion war shock

The Reserve Bank of India (RBI) is expected to transfer a record dividend (surplus) to the central government for the fiscal/accounting year 2025-26, anticip...

GS Paper 3 (Indian Economy, Fiscal Policy) Economics Polity & Governance 5m
19 19

G7 Finance Ministers explore responses to Iran war fallout

G7 Finance Ministers and Central Bank Governors met in Paris on 18–19 May 2026 under France's G7 presidency, with the Iran war's economic fallout as a centra...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Resource Mobilisation) International Relations Economics 5m
19 19

India-EU FTA: Quality compliance must for Indian exporters but trade restrictiveness can be challenged

The India-EU Free Trade Agreement (FTA) was concluded on 27 January 2026, ending nearly two decades of on-again, off-again negotiations; the provisional text...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
19 19

West Asia crisis, weather headwinds to moderate India’s FY27 growth: Rating agencies

Two leading domestic rating agencies have trimmed their FY27 (2026-27) GDP growth forecasts for India, citing two converging headwinds: elevated crude oil pr...

GS Paper 2 and GS Paper 3 Economics International Relations 5m
19 19

National security linked to economic growth; strategic self-reliance a must: Gen. Dwivedi

At a seminar titled 'Security to Prosperity', organised by the Centre for Land Warfare Studies on May 19, 2026, the Chief of Army Staff articulated a new str...

GS Paper 3 (Internal Security, Science & Technology) GS Paper 2 (International Relations) Internal Security Economics International Relations 5m
19 19

Coal gasification can raise India's resource security amid decarbonisation uncertainties: Report

A report by the Observer Research Foundation (ORF) identified coal gasification as a strategic tool for India to reduce import dependence in the steel sector...

GS Paper 3 (Economy, Energy, Environment) Economics Science & Technology Environment & Ecology 6m
19 19

Waiver or no waiver, Russian crude remains centrepiece of India’s oil imports strategy

Despite US pressure and punitive tariffs, Russian crude oil continues to be a core pillar of India's oil import strategy, though its share has moderated from...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) International Relations Economics 4m
19 19

Iran-Israel war LIVE: Israel military issues fresh evacuation warnings for south Lebanon

Iran's effective closure of the Strait of Hormuz and the ongoing Iran-Israel-US conflict have more than halved the UAE's exports of crude oil and natural gas...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Indian Economy) International Relations Economics 6m
19 19

India-EU FTA built on 20 key pillars, to boost trade, investment: Commerce Ministry official

Darpan Jain, Additional Secretary in the Department of Commerce and Industry, outlined the 20 key pillars (chapters) of the India-EU Free Trade Agreement at ...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) International Relations Economics 4m
19 19

India among economies driving carbon surge from construction boom

A major international report has identified India among the economies most responsible for driving a surge in carbon emissions from the buildings and constru...

GS Paper 3 (Environment, Infrastructure, Sustainable Development) Environment & Ecology Economics 5m
19 19

India's CAD projected to rise to 2.2% of GDP amid oil pressures: Crisil

Crisil, a leading credit rating and research agency, has projected India's current account deficit (CAD) to widen to 2.2% of GDP in FY27 — up sharply from an...

GS Paper 3 (Indian Economy, Mobilisation of Resources) Economics 5m
19 19

Maharashtra signs 25,400 MW nuclear MoUs, triple India’s existing atomic capacity

Maharashtra signed Memorandums of Understanding with four major private conglomerates — Reliance Industries, Adani Power, NTPC Ltd, and Lalitpur Power Genera...

GS Paper 2 (Governance) GS Paper 3 (Energy, Infrastructure, Environment) Economics Science & Technology Environment & Ecology 5m
19 19

India notifies standards for petrol with up to 30% ethanol amid energy crisis

The Bureau of Indian Standards (BIS) has notified fuel specifications for petrol blended with up to 30% ethanol, establishing standard IS 19850:2026, which c...

GS Paper 3 (Agriculture, Energy, Environment) Economics Science & Technology Environment & Ecology 5m
19 19

Iran war to slow down India’s FY27 economic growth: rating agencies

Multiple rating agencies have revised India's FY27 GDP growth forecasts downward, citing the ongoing Iran war and its impact on global crude oil prices. Bren...

GS Paper 3 (Indian Economy) GS Paper 2 (International Relations) Economics International Relations 5m
19 19

India-EU trade pact to help boost domestic auto manufacturing: Senior official

India and the European Union concluded negotiations for a landmark Free Trade Agreement on January 27, 2026, after nearly two decades of diplomatic effort. A...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Infrastructure) International Relations Economics 4m
19 19

RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3

The Reserve Bank of India (RBI) has proposed new rules requiring banks to publish detailed quarterly disclosures on capital adequacy, leverage, liquidity, an...

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