Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar
External Affairs Minister S. Jaishankar announced that India is finalising a government-to-government (G2G) agreement to supply oil and gas to Mauritius, a m...
Utkarsh 2029 – Reserve Bank of India’s Medium-term Strategy Framework for 2026-29
The Reserve Bank of India released its medium-term strategy framework "Utkarsh 2029" on April 10, 2026, covering the period April 2026 to March 2029. Utkarsh...
RBI invites public comments on the draft Amendment Directions on review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL
The Reserve Bank of India released draft amendment directions on April 10, 2026, proposing significant changes to the Scale-Based Regulation (SBR) framework ...
West Asia conflict: Energy market turmoil could linger for months
Despite the fragile US-Iran ceasefire announced on April 7, 2026, analysts and energy market experts warned that disruption to global energy markets is likel...
Iran-Israel war LIVE: Trump says Iran doing "very poor job" of allowing oil through the Strait of Hormuz
US President Donald Trump warned Iran that the two-week ceasefire (announced April 7, 2026) depends on the Strait of Hormuz being opened "without limitation,...
India, Mauritius finalise oil & gas deal amid West Asia crisis; New Delhi to appoint defence attaché
India finalised an oil and gas supply agreement with Mauritius at the 9th Indian Ocean Conference in Port Louis, Mauritius. External Affairs Minister S. Jais...
India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis: Jaishankar
External Affairs Minister S. Jaishankar announced that India is in the final stages of concluding a government-to-government (G2G) agreement to supply oil an...
India inflation likely rose to 3.4% in March 2026: Mint poll
A poll of economists projected India's Consumer Price Index (CPI) inflation for March 2026 at approximately 3.4%, up from 3.21% in February 2026. The uptick ...
Centre plans community kitchens to hold back migrant workers at MSME hubs
The Central Government is planning to extend community kitchen services — providing subsidised or free meals — to major MSME manufacturing clusters to addres...
In breakthrough, cheap aluminium may replace costly catalysts in pharma
Researchers at King's College London, led by Dr. Clare Bakewell, reported the isolation of a cyclotrialumane — a compound of three aluminium atoms arranged i...
US, India agree to further cooperation under Pax Silica
India and the United States agreed to further deepen cooperation under the Pax Silica framework, including in artificial intelligence, critical minerals, and...
India mulls payment lags, checks for senior citizens as digital fraud rises, RBI paper shows
The Reserve Bank of India (RBI) released a discussion paper proposing a suite of measures to tackle the sharp rise in digital payment frauds, including manda...
India mulls creating 30-day LPG strategic reserve
India is considering the creation of a 30-day strategic reserve for Liquefied Petroleum Gas (LPG) to reduce vulnerability to supply disruptions from West Asi...
Timely inaction: On RBI’s decision to hold repo rate
The RBI's Monetary Policy Committee (MPC), in its April 2026 bi-monthly meeting (April 6-8), unanimously voted to keep the policy repo rate unchanged at 5.25...
Two India-bound ships among a few transiting Hormuz Strait on Day 2 of ceasefire
On Day 2 of the temporary US-Iran ceasefire, only a handful of commercial vessels were transiting the Strait of Hormuz, with two India-bound tankers among th...
Fragile truce in place, India reaches out to Gulf nations
External Affairs Minister S. Jaishankar launched high-level diplomatic outreach to Gulf nations as the fragile US-Iran ceasefire took hold, with a UAE visit ...
Centre saves ₹55,000 crore as FY26 spending undershoots estimates
The central government's actual spending in FY26 (April 2025 – March 2026) fell short of the Revised Estimates (RE) by approximately ₹55,000 crore — a signif...
'Rate action unlikely in FY27; if any, it could be a rise,' say economists
Following the RBI's April 2026 MPC decision to hold the repo rate at 5.25%, economists broadly forecast no rate action through FY27 (2026-27). A minority of ...
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEO
The Federation of Indian Export Organisations (FIEO) projected a 2–3% fall in India's goods exports for FY26 due to the West Asia conflict disrupting shippin...
Macro buffers to help India tide over Gulf crisis: World Bank
The World Bank projected India's economic growth for FY27 at 6.6% — an upgrade from its earlier estimate of 6.3% — while simultaneously flagging that the bal...