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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

August 2026 20 articles
08 08

U.S. Senate passes Russia sanctions bill that seeks 100% tariffs on India, four others

The US Senate passed a bill titled the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026" by an 86-11 vote. The legislation authorizes the US Presid...

GS Paper 2 (India-US relations, effect of policies of developed countries on India's interests) GS Paper 3 (Effects of liberalization on the economy, external trade) International Relations Economics 4m
08 08

India, Sri Lanka review key power projects; reaffirm commitment to strengthening energy partnership

India and Sri Lanka held ministerial-level talks in New Delhi to review the status of bilateral power sector projects, led on the Indian side by the Union Mi...

GS Paper 2 (India and its neighbourhood) GS Paper 3 (Infrastructure, Energy) International Relations Economics 4m
07 07

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 passed by Parliament

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 was passed by the Lok Sabha on 7 August 2026, after having been passed by the Rajy...

GS3 (Economy) GS2 (Governance) Economics Polity & Governance 4m
07 07

India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026.

The 16th BRICS Trade Ministers' Meeting concluded in Jaipur, Rajasthan, under India's BRICS Chairship for 2026, themed "Building for Resilience, Innovation, ...

GS2 (International Relations) GS3 (Economy) International Relations Economics 4m
07 07

Parliament Watch: MSME Bill clears Lok Sabha, eyes faster payment recovery

The Lok Sabha passed the MSME Development (Amendment) Bill, 2026, after Rajya Sabha approval earlier in the week The Bill mandates that every central public ...

GS3 (Economy) GS2 (Polity — Parliamentary Procedure) Economics Polity & Governance 4m
07 07

India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush Goyal

India amended its Foreign Direct Investment (FDI) rules governing e-commerce, intended to help small businesses, artisans, farmers, and fishermen access wide...

GS3 (Economy) Economics 3m
07 07

India weighs friendlier investment treaty rules as Cabinet nod nears: DEA Secretary

The Department of Economic Affairs (DEA) indicated that a revised Bilateral Investment Treaty (BIT) framework is likely to be placed before the Union Cabinet...

GS3 (Economy) GS2 (International Relations) Economics International Relations 4m
07 07

India updates disaster list to include heatwaves and lightning after Finance Commission push

Heatwaves and lightning have been added to India's list of notified natural disasters, taking the count of notified categories from 12 to 14 The change follo...

GS3 (Disaster Management, Environment) GS2 (Governance, Federalism) Polity & Governance Environment & Ecology Economics 4m
07 07

Lok Sabha approves MSME Bill to speed up payments, improve ease of business

The Lok Sabha passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 without debate, completing its passage through Parliament aft...

GS3 (Economy, MSMEs, Industrial Policy) GS2 (Legislative Process) Polity & Governance Economics 4m
07 07

MNRE weighs support scheme for polysilicon to back 10 GW capacity in solar manufacturing

The Ministry of New and Renewable Energy (MNRE) is examining a dedicated support scheme to build domestic polysilicon manufacturing capacity of more than 10 ...

GS3 (Economy, Science & Technology, Environment) Economics Environment & Ecology Science & Technology 4m
07 07

The problem with India’s free trade agreement strategy

A data-based review of India's trade with its Free Trade Agreement (FTA) partners found that trade with several key partners, including the ASEAN bloc, has b...

GS Paper 3 (Effects of liberalization on the economy, external trade) GS Paper 2 (Bilateral and regional trade agreements) Economics International Relations 5m
07 07

Lok Sabha passes MSME Development Amendment Bill without debate

The Lok Sabha passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 without debate, following protests by opposition members The ...

GS3 (Economics, Industry) GS2 (Governance) Polity & Governance Economics 5m
07 07

Tamil Nadu Assembly adopts unanimous resolution on fair share of Central tax devolution

The Tamil Nadu Legislative Assembly unanimously adopted a resolution urging the Union government to ensure the State receives its rightful share of tax devol...

GS2 (Centre-State Relations, Fiscal Federalism) GS3 (Indian Economy, Finance Commission) Economics Polity & Governance 3m
07 07

EXIM Bank to be implementing agency for interest subvention support for exporters: DGFT

The Directorate General of Foreign Trade announced that the Export-Import Bank of India (EXIM Bank) will become the implementing agency for interest subventi...

GS3 (Economy, Foreign Trade) Economics 4m
07 07

India reviewing bilateral investment treaty overhaul to boost foreign investment: Official

The government is reviewing an overhaul of India's Model Bilateral Investment Treaty (BIT), with a decision expected from the Union Cabinet on the revised fr...

GS3 (Economics) Economics 4m
07 07

US envoy Sergio Gor meets key industry leaders to advance US-India collaborations

The US Ambassador to India met industry leaders and government officials to discuss deepening US-India collaboration in advanced manufacturing and technology...

GS2 (International Relations) GS3 (Economy/Resources) International Relations Economics 3m
07 07

IRDAI should fast-track risk-based capital framework; GST on insurance needs rationalisation: Parliamentary panel

A parliamentary committee report recommended that the Insurance Regulatory and Development Authority of India (IRDAI) fast-track implementation of the Risk-B...

GS3 (Economy — Financial Regulation and Insurance Sector) Economics 5m
07 07

RBI gives Urban Cooperative Banks new lease of life | Explained

The Reserve Bank of India signalled it will resume issuing fresh licences for Urban Cooperative Banks (UCBs), reversing a freeze on new licences that had las...

GS3 (Economy — Banking and Financial Inclusion) Economics 4m
06 06

UPI charges: Lok Sabha passes bill for government to make changes

The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, which amends Section 10A of the Payment and Settlement Systems Act, 2007. The amendm...

GS3 (Indian Economy, Digital Payments) Economics 4m
06 06

India can raise per capita income six-fold by '47: NITI Vice Chairman

The NITI Aayog Vice-Chairman stated that India's per capita income needs to rise roughly six-fold — from an estimated $2,813 to around $18,000 — for the coun...

GS3 (Indian Economy, Growth and Development) Economics 4m