Economics
Trade, fiscal policy, banking, agriculture and economic indicators
‘Would throw banking operations into disarray’: Why SC rejected oral hearings for accounts declared fraudulent
The Supreme Court, in the case State Bank of India v. Amit Iron Private Limited (2026 INSC 323), delivered a significant ruling on April 7, 2026, settling th...
How the war in Iran affects India’s GDP growth — and your wallet
A war involving Iran that began in early 2026 has severely disrupted energy supply routes in West Asia, with oil prices surging to approximately $109 per bar...
RBI issues draft on review of NBFC-Upper Layer framework
The Reserve Bank of India issued draft directions for public consultation on April 10, 2026, proposing a comprehensive review of the NBFC Upper Layer (NBFC-U...
India’s textile and garments exports to the US declined 28.7% in February 2026
India's textile and garment exports to the United States declined by 28.7% in February 2026 compared to the same month the previous year, reflecting the impa...
India to continue buying Russian crude oil
India has affirmed it will continue buying Russian crude oil even as a 30-day US sanctions exemption granted in early March 2026 nears its April 11, 2026 exp...
India’s role in Chabahar uncertain, Iran hails critical port as ‘golden bridge’ of Delhi-Tehran ties
Iran's Embassy characterised the Chabahar Port as a "golden bridge" of India-Iran ties, even as India's actual operational role at the port faces growing unc...
India must rethink West Asia energy reliance after biggest shock in decades, says ONGC chief
ONGC Chairman and CEO Arun Kumar Singh called for a fundamental rethink of India's energy strategy, warning that the West Asia conflict has exposed the vulne...
India-UK FTA likely by May 1; EU deal expected by year-end
The India-UK Free Trade Agreement (FTA), signed in May 2025, is expected to come into force by May 1, 2026 — within approximately 45 days of the April 2026 a...
ADB says India’s GDP growth to moderate to 6.9% in current fiscal before accelerating to 7.3% next year
The Asian Development Bank (ADB) released its Asian Development Outlook (ADO) April 2026, projecting India's GDP growth at 6.9% in 2026 (FY2026-27), moderati...
Major ports clear 90% cargo backlog amid Hormuz disruptions
India's major ports cleared approximately 90% of the cargo backlog that had accumulated due to disruptions in the Strait of Hormuz caused by the US-Iran war ...
ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26
The Asian Development Bank (ADB) released its Asian Development Outlook (ADO) for April 2026, projecting India's GDP growth at 6.9% for FY2027 — down 70 basi...
India in talks with 20 more countries to open market access: Piyush Goyal
Commerce and Industry Minister Piyush Goyal, speaking at a business event in Coimbatore on April 10, 2026, announced that India is in active discussions with...
Rubio set to visit India in May to discuss trade, tariffs, defence, Quad
US Secretary of State Marco Rubio is set to visit India in May 2026, following a meeting between India's Foreign Secretary Vikram Misri and Rubio in Washingt...
IMF to cut global growth forecast due to West Asia conflict
The International Monetary Fund (IMF) announced it will cut its global growth forecast due to the ongoing West Asia conflict, with impacts extending well bey...
Shipping risks rise in Strait of Hormuz as Iran control persists
Ship traffic through the Strait of Hormuz remains significantly below normal levels as Iran maintains near-total control over the waterway since the blockade...
Government examining compliance burden on MSMEs due to West Asia crisis
The Indian government is examining the compliance burden faced by MSME exporters due to the ongoing West Asia crisis (Iran war), which has caused significant...
Jaishankar to visit UAE as India steps up energy diplomacy in the Gulf
External Affairs Minister S. Jaishankar is scheduled to visit the UAE from April 11-12, 2026, as India intensifies its energy diplomacy in the Gulf amid the ...
RBI proposes to include PSUs in upper-layer NBFCs
The Reserve Bank of India released a draft amendment to its Scale-Based Regulation (SBR) framework, proposing that Non-Banking Financial Companies with asset...
ADB ups India's FY26 growth projection to 6.9% on strong domestic demand, lower US tariffs
The Asian Development Bank (ADB) revised India's GDP growth projection upward to 6.9% for FY26 (April 2026–March 2027), up from its earlier estimates, citing...
ADB ups India’s FY27 growth projections to 6.9 pc
The Asian Development Bank (ADB), in its Asian Development Outlook (ADO) April 2026 report, revised India's GDP growth projection upward to 6.9 percent for F...