Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India wheat procurement tops 30-million tonne mark, heading towards target of 34.5 mt
Wheat procurement for the Rabi Marketing Season (RMS) 2026-27 crossed the 30-million-tonne mark, with the overall procurement target set at approximately 34 ...
Policeman, five others die in accident in Tiruppur district
A fatal road accident near a police checkpoint in Tiruppur district, Tamil Nadu, killed six people including a police constable on duty, after a speeding veh...
Mint Explainer | Why PM Modi is asking Indians to cut cooking oil consumption
Amid a West Asia crisis that strained global energy and commodity markets, India's leadership made a public appeal urging citizens to reduce cooking oil cons...
India’s edible oil import bill jumps 19% in H1 of oil year 2025-26, volumes rise over 13%
India's edible oil import bill rose 19% in the first half of oil year 2025-26 (November 2025–April 2026), climbing to approximately ₹87,000 crore from ₹73,00...
‘Economic necessity & talent-building CSR tool’—Centre urges India Inc. to scale up PM Internship Scheme
The Ministry of Corporate Affairs urged large companies to treat apprenticeship programmes as both an economic necessity and a Corporate Social Responsibilit...
India doubles platinum import duty, raises costs for diesel SUVs and hybrids
The government raised the import duty on platinum to 15.4% from 6.4%, effective May 13, 2026 — effectively more than doubling the previous rate, as part of t...
Centre more than doubles tariffs on gold, silver to defend rupee
The government raised import duties on gold and silver with effect from May 13, 2026, more than doubling the effective rate from 6% to 15%. The revised struc...
India targets $1 trillion exports as FTAs now cover two-thirds of global trade: Piyush Goyal
India now has preferential trade access covering two-thirds of global trade, following the conclusion of multiple free trade agreements since 2021. The FTAs ...
Govt raises paddy MSP by ₹72 to ₹2,441/quintal for 2026-27
The CCEA approved an increase of ₹72/quintal in paddy MSP for the 2026-27 kharif marketing season (procurement begins September–October 2026). Common paddy M...
U.S. appeals court halts order declaring Trump’s global 10% tariff illegal
The US Court of Appeals for the Federal Circuit on May 12, 2026 issued an administrative stay on an order by the US Court of International Trade (CIT) that h...
Government doubles import duty on gold & silver, effective rate now at 18.4%
Following the revision of gold and silver import tariffs to 15% (Basic Customs Duty 10% + AIDC 5%), the total effective import levy on gold — including Integ...
What the AMH test tells you about your fertility and what it does not
A clinically informed article explained what the Anti-Müllerian Hormone (AMH) test measures, why it has become widely used in fertility assessment, and — cru...
Centre increases MSP for kharif crops, farm groups say rise inadequate amid rising input costs
The CCEA approved MSP hikes for 14 kharif crops for the 2026-27 marketing season; all notified crops maintain at least 50% return above A2+FL production cost...
Govt hikes import duty on gold, silver to 15 pc to curb non-essential imports, save forex reserves
The Finance Ministry raised the Basic Customs Duty (BCD) on gold and silver from 5% to 10%, effective May 13, 2026, with the Agriculture Infrastructure and D...
State MSP bonuses fuelling excess rice procurement, warns CACP
The Commission for Agricultural Costs and Prices (CACP) has flagged that state governments offering bonuses above the Union Government's announced MSP for pa...
Import duty on gold, silver more than doubled to curb imports, support rupee
The Union government raised the import duty on gold and silver from 6 percent to 15 percent, effective May 13, 2026. The revised structure comprises a 10 per...
Cabinet raises Minimum Support Prices for 14 kharif crops
The Cabinet Committee on Economic Affairs (CCEA) approved Minimum Support Prices (MSPs) for 14 kharif crops for the 2026-27 marketing season. Sunflower seed ...
Operating framework for facilitating Outward Remittance services by non-bank entities through Authorized Dealer (Category I) banks in India
The Reserve Bank of India (RBI) has issued an operating framework governing the facilitation of outward remittance services by non-bank Payment Service Provi...
India hikes gold and silver tariffs to 15% to curb imports, support rupee
The central government raised the import tariff on gold and silver to 15% effective May 13, 2026, through customs notifications issued on May 12, 2026. The n...
Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flow
The Prime Minister's Office (PMO) is coordinating a multi-ministry effort to mitigate the economic impact of the West Asia conflict, with officials at the Fi...