Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Wholesale inflation jumps to 3.5-year high of 8.3% in April 2026 on West Asia impact
India's Wholesale Price Index (WPI)-based inflation rose to 8.3% in April 2026 (year-on-year), the highest reading in approximately 42 months (3.5 years), up...
India included in revised EU list for continued aquaculture exports
The European Commission published a revised draft list on May 12, 2026, including India among countries authorised to export aquaculture products to the EU m...
External Affairs Minister Jaishankar hits out at ‘unilateral’ sanctions days before expiry of U.S.’ Russian oil waiver
At the BRICS Foreign Ministers' Meeting in New Delhi, External Affairs Minister S. Jaishankar strongly criticised unilateral sanctions and coercive economic ...
India EV battery demand to grow tenfold to 200 GWh by 2032: IESA
The Indian Energy Storage Alliance (IESA), in association with Customized Energy Solutions (CES), projects India's electric vehicle battery demand to grow te...
Israel-Iran war LIVE: Iran allows Chinese ships to pass Hormuz since May 13, reports Iranian media
Iran confirmed that approximately 30 Chinese commercial vessels were permitted to transit the Strait of Hormuz beginning the night of May 13, 2026, following...
PM Modi to leave on five-nation tour tomorrow, discussions in UAE to also focus on strengthening energy security
A six-day, five-nation diplomatic tour covering the UAE, Netherlands, Sweden, Norway, and Italy commenced on May 15, 2026, aimed at deepening strategic partn...
India bans sugar exports till Sept 30
The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry notified a shift in sugar's export classification from "Restricte...
Assam exports first consignment of agarwood chips to Saudi Arabia, UAE
Assam exported its first legally approved consignment of agarwood chips, valued at ₹2.35 crore, to Saudi Arabia and the United Arab Emirates. The shipment — ...
Govt to explore possibility of PLI scheme for seafood MSMEs
The Department of Fisheries is actively exploring the development of a dedicated Production Linked Incentive (PLI) scheme specifically for MSMEs in the seafo...
India figures in EU's draft list for continued export of aquaculture products
The European Commission published a revised draft list on May 12, 2026 that includes India as an approved source for aquaculture product exports to the EU ma...
Index Numbers of Wholesale Price in India for the Month of April 2026 (Base Year: 2011-12)
The annual rate of inflation based on the All India Wholesale Price Index (WPI) stood at 8.3% (provisional) in April 2026, compared to 3.88% in March 2026 — ...
India's gold rush meets a speeding ticket, but industry fears smuggling and job loss
The Finance Ministry raised the total import duty on gold from approximately 9.18% to 18.45%, effective May 13, 2026, through a combination of BCD (from 5% t...
India bans sugar exports until September 2026 to cool local prices
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, issued a notification changing the export status of raw sugar, ...
India bans sugar exports till September 2026 to control domestic prices
The Union government banned sugar exports with immediate effect until September 30, 2026, or until further orders, through a notification issued by the Minis...
Union Minister Jyotiraditya M. Scindia launches ?189.79 Crore Mizoram Ginger Mission
The Ministry of Development of North Eastern Region (MDoNER) launched the Mizoram Ginger Mission, a ₹189.79 crore convergence-led scheme aimed at transformin...
12th India-bound ship crosses Hormuz, one more on way
By May 13, 2026, twelve India-bound commercial vessels had successfully crossed the Strait of Hormuz since the outbreak of the conflict, with a thirteenth on...
Amid West Asia crisis, government bans sugar exports until September 30
The Directorate General of Foreign Trade (DGFT) issued a notification on May 13, 2026 changing the export policy for sugar — covering raw sugar, white sugar,...
India, UAE may sign pacts on strategic petroleum reserves, LPG during PM visit
During a high-level bilateral visit to the UAE, India signed two significant energy security agreements with Abu Dhabi. The first agreement — signed between ...
Jaishankar holds talks with Russia’s Lavrov; trade and geopolitics in focus
The External Affairs Minister held talks with Russian Foreign Minister Sergey Lavrov in New Delhi on 13 May 2026, on the sidelines of the BRICS Foreign Minis...
Iran working on Hormuz ‘protocol’ to cover ‘costs’, says Deputy Foreign Minister Gharibabadi
Iran's Deputy Foreign Minister Kazem Gharibabadi, attending the BRICS Foreign Ministers' Meeting in New Delhi (May 14–15, 2026), stated that Iran is working ...