Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal's Switzerland visit
India's Commerce Ministry is holding discussions in Switzerland to address implementation issues related to the India-EFTA Trade and Economic Partnership Agr...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank
The World Bank's India Development Update (April 2026) projects India's GDP growth at 6.6% in FY2026-27, down from 7.6% in FY2025-26 (revised upward under th...
Hospital bills, captive patients: Why CCI’s ruling may weaken consumer protection
The Competition Commission of India (CCI) closed abuse-of-dominance proceedings against 12 super-speciality hospitals in the Delhi-NCR region on May 21, 2026...
Iran closes Strait of Hormuz after US strikes, escalating Gulf tensions
Following fresh U.S. military strikes on Iranian territory, the IRGC formally declared the Strait of Hormuz closed to all vessels, including oil tankers and ...
The reality behind falling net FDI
India's net FDI fell sharply to approximately $0.4 billion in FY25, despite gross FDI inflows rising 13.7% year-on-year to $81 billion — a decline of over 96...
Reserve Bank of India (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026
The Reserve Bank of India issued the RBI (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026, on June 10, 2026, permitting scheduled comm...
Iran conflict pushes global container shipping prices to near double levels
The ongoing Iran conflict has caused global container shipping freight rates to approach double their pre-conflict levels, with industry experts citing energ...
E85 launched, but India’s ambitious flexible fuel roadmap is facing a chicken & egg problem
E85 fuel — a blend of 85% ethanol and 15% petrol — was launched across 48 retail outlets in India on 5 June 2026, initially targeting two-wheeler flex-fuel v...
22 more applicants approved under PLI scheme for textiles
22 new applicants have been approved in the latest batch under Round-III of the Production Linked Incentive (PLI) Scheme for Textiles. These companies are pr...
Urea import prices halve in latest tender, offering relief to subsidy bill
National Fertilizers Ltd (NFL), a public sector undertaking, floated a tender on May 27, 2026, for importing 1.7 million tonnes of urea. The latest tender re...
India rejects allegations of overcapacity in textiles, steel sectors: DGTR
India's Directorate General of Trade Remedies (DGTR) has formally rejected US allegations of structural excess capacity (overcapacity) in India's textiles an...
Credit guarantee scheme for MFI 2.0 gets extension
The Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) has been extended until August 31, 2026, or until guarantees worth ₹20,000 crore a...
PM to chair 11th Governing Council meeting of NITI Aayog on Thursday
The Prime Minister chaired the 11th Governing Council meeting of NITI Aayog on June 12, 2026 — the highest-level policy coordination forum bringing together ...
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
India and the UAE have agreed to significantly expand crude oil storage under their strategic petroleum reserve (SPR) partnership, with Abu Dhabi-linked stor...
El Niño emerges in Pacific, raising heat risks and crop threats
The first El Niño event since 2023 has emerged in the Pacific Ocean in 2026, with sea surface temperatures (SSTs) in the central and eastern equatorial Pacif...
‘Inclusive human development for Viksit Bharat’: PM Modi to chair Niti Aayog Governing Council meeting on June 11
The 11th Governing Council meeting of NITI Aayog was held on June 11, 2026, at the Rashtrapati Bhavan Cultural Centre in New Delhi. The meeting was chaired b...
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
As of June 9, 2026, the Emergency Credit Line Guarantee Scheme 5.0 (ECLGS 5.0) has issued 1,06,549 guarantees totalling Rs 48,484.26 crore in credit guarante...
Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level
The Department of Agriculture and Farmers Welfare received a budget allocation of Rs 1.4 lakh crore for 2026-27, representing a five-fold increase from the 2...
Swiggy, Zomato, Uber asked to register gig workers by June 21: Report
The Ministry of Labour and Employment has directed major app-based aggregator platforms — including Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto — t...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bid
The Union Government promulgated the Income-tax (Amendment) Ordinance, 2026 on June 5, 2026, exempting eligible foreign investors from capital gains tax and ...