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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
17 17

Boost for tech, trade & defence as India, Sweden become ‘strategic partners’

India and Sweden elevated their bilateral relationship to a Strategic Partnership on May 17, 2026, during a summit in Gothenburg, adopting a Joint Action Pla...

GS Paper 2 GS Paper 3 International Relations Science & Technology Economics 6m
17 17

RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26

Overseas Direct Investment (ODI) outflows from India — including equity infusions, loans, and invoked guarantees — climbed from approximately $14.5 billion i...

GS Paper 3 (Indian Economy, Capital Flows, Regulatory Bodies) Economics Polity & Governance 5m
17 17

Chips to clean energy, India and the Netherlands upgrade ties

An Indian Prime Minister visited the Netherlands in May 2026, where bilateral ties were formally elevated to a Strategic Partnership, backed by 17 agreements...

GS Paper 2 (IR) GS Paper 3 (Science & Technology, Economy) International Relations Economics Science & Technology 7m
17 17

Experts Explain | Make in India in defence sector: Challenges, bottlenecks, and the way forward

Despite a 34-fold surge in defence exports over the past decade, structural bottlenecks continue to constrain India's ability to transition from a net defenc...

GS Paper 3 (Internal Security, Economy, Science & Technology) Internal Security Economics Science & Technology 5m
17 17

India taps Oman to rescue $11.8 billion food exports to West Asia

With the 2026 Iran war creating sustained risk of disruption to the Strait of Hormuz, India is actively exploring the use of Omani ports and overland land br...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Food Security) International Relations Economics 6m
17 17

Shivraj wants an overhaul of ICAR’s 113 research institutes

The Union Minister for Agriculture has called for a comprehensive overhaul of the Indian Council of Agricultural Research (ICAR) and its 113 research institu...

GS Paper 3 (Agriculture, Science & Technology) Economics Geography 5m
17 17

Why PM Modi visited Netherlands’ Afsluitdijk dam: The Dutch model India may need

During the India-Netherlands bilateral visit in May 2026, the Indian Prime Minister toured the Afsluitdijk — the Netherlands' iconic 32-kilometre sea barrier...

GS Paper 1 (Geography) GS Paper 2 (Governance, International Relations) GS Paper 3 (Infrastructure, Disaster Management) Geography Economics Polity & Governance 5m
17 17

India, Chile expedite CEPA negotiations and critical minerals cooperation

Chile's Foreign Minister Francisco Pérez Mackenna visited India in May 2026, imparting fresh momentum to bilateral ties and accelerating negotiations toward ...

GS Paper 2 (International Relations, Bilateral Agreements) GS Paper 3 (Indian Economy, Resources, Atmanirbhar Bharat) International Relations Economics 5m
17 17

North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26

India's merchandise exports reached USD 441.78 billion in FY2025-26, registering modest growth of approximately 0.93% year-on-year. North America, North-East...

GS Paper 3 Economics 5m
17 17

India and Netherlands ink 17 pacts, elevate ties to strategic partnership

India and the Netherlands elevated their bilateral relationship to a Strategic Partnership during a state visit to The Hague on 16–17 May 2026, marking India...

GS Paper 2 (India and its Neighbourhood/World) GS Paper 3 (Technology, Economic Development) International Relations Economics Science & Technology 4m
17 17

India, Netherlands elevating ties to strategic partnership, says PM Modi

India and the Netherlands formally elevated their bilateral relationship to a "Strategic Partnership" during an official visit, signing a comprehensive decla...

GS Paper 2 (International Relations, India's Foreign Policy, Bilateral Groupings) International Relations Science & Technology Economics 6m
17 17

Silver imports restricted; licence now must for select categories

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, imposed mandatory import licensing for select categories of sil...

GS3 (Indian Economy, Trade Policy, External Sector) Economics 5m
17 17

MoSPI proposes framework to measure India's knowledge economy contribution

The Ministry of Statistics and Programme Implementation (MoSPI) has released a base paper proposing a framework to measure the contribution of the knowledge ...

GS3 (Indian Economy, Statistics, Technology & Innovation) GS2 (Governance, MoSPI) Economics Science & Technology 4m
16 16

Commerce Secretary Shri Rajesh Agrawal Highlights Trade and Economic Cooperation at BRICS Meeting in Gandhinagar

The 2nd Meeting of the BRICS Contact Group on Trade and Economic Issues (CGETI) for 2026 was held in Gandhinagar, Gujarat, on May 15, 2026, under India's BRI...

GS Paper 2 (International Relations, Groupings and Agreements) GS Paper 3 (Indian Economy, Trade) International Relations Economics 4m
16 16

After duty hike, government curbs silver imports to aid rupee

The central government raised import duties on gold and silver from 6% to 15% effective May 13, 2026, comprising a 10% Basic Customs Duty (BCD) and a 5% Agri...

GS Paper 3 (Indian Economy, External Sector) Economics 6m
16 16

India invites Dutch firms to design and manufacture, says PM Modi at CEO roundtable

During an official bilateral visit to the Netherlands, a CEO roundtable was co-hosted by both Prime Ministers along with the Dutch Minister of Foreign Trade ...

GS Paper 2 (International Relations, Bilateral Relations) GS Paper 3 (Indian Economy, Industrial Policy) International Relations Economics 5m
16 16

Three old thermal power sites shortlisted for new nuclear power projects

Three decommissioned or ageing thermal (coal-based) power station sites have been shortlisted for setting up new nuclear power plants, as part of India's nuc...

GS3 (Energy, Environment, Science & Technology) Science & Technology Economics 5m
16 16

Tata Electronics, ASML sign MoU to advance chip making ecosystem in India

Tata Electronics and ASML (Netherlands-based semiconductor equipment company) signed a Memorandum of Understanding on May 16, 2026 to advance the semiconduct...

GS3 (Science & Technology, Industry & Infrastructure, Make in India) Science & Technology Economics 4m
16 16

Iran will announce Strait of Hormuz mechanism, collect fees, Iranian MP says

A senior Iranian lawmaker and Chairman of the Parliament's National Security and Foreign Policy Committee announced that Iran will unveil a mechanism to coll...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Economy) International Relations Economics 5m
16 16

The week in charts: PM Modi’s austerity call, MSP hike, sugar export ban

The Cabinet Committee on Economic Affairs (CCEA) approved an increase in Minimum Support Prices (MSP) for 14 kharif crops for the marketing season 2026-27, m...

GS3 (Indian Economy, Agriculture, Food Security, Fiscal Policy) Economics Polity & Governance 5m