Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Indian Cabinet approves ₹5,659 crore for 5-year tenure Cotton Productivity Mission
The Union Cabinet approved the Mission for Cotton Productivity with a total outlay of ₹5,659.22 crore for five years (2026-27 to 2030-31), targeting self-suf...
Piyush Goyal discusses boosting India-Japan economic ties, MSME partnerships with Japanese delegation
The Union Minister of Commerce and Industry met a Japanese parliamentary delegation led by Takayuki Kobayashi, Member of the House of Representatives and Cha...
Cabinet approves ₹10/quintal hike in sugarcane price for 2026-27 season
The Cabinet Committee on Economic Affairs (CCEA) approved a ₹10 per quintal increase in the Fair and Remunerative Price (FRP) of sugarcane for the Sugar Seas...
Government specifies 12-week limit to process FDI applications under new rules
DPIIT (Department for Promotion of Industry and Internal Trade) has issued an updated Standard Operating Procedure (SOP) for processing foreign direct invest...
First Russian oil arrives in Japan since Iran war: media
Japan received its first shipment of Russian crude oil since the Strait of Hormuz was effectively closed following the outbreak of hostilities on February 28...
India most resilient emerging market economy; better placed to manage future shocks: Moody’s
Moody's Ratings has assessed India as the most resilient large emerging market economy since 2020, citing its ability to absorb successive global shocks with...
Govt clears ₹50,000-crore package to boost credit flow and support businesses
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, providing a credit guarantee outlay of ₹18,100 crore designed to unlock an...
Centre approves procurement of 9023 tonnes of sunflower in Karnataka
The Union Government approved the procurement of 9,023 metric tonnes of sunflower under the Price Support Scheme (PSS) for the Rabi 2026 season in Karnataka....
Prioritise energy security for keeping growth momentum going: RBI MPC member
Nagesh Kumar, an external member of the Reserve Bank of India's Monetary Policy Committee (MPC) and director of the Institute for Studies in Industrial Devel...
Centre okays sunflower seed procurement in Karnataka, extends purchase window for gram in Maharashtra
The Union Ministry of Agriculture and Farmers' Welfare approved the procurement of sunflower seed under the Price Support Scheme (PSS) in Karnataka for the R...
PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sector
The Economic Advisory Council to the Prime Minister (EAC-PM) has flagged a major demand surge for professional caregivers in India, projecting the requiremen...
DPIIT issues updated SOP for processing FDI applications
The Department for Promotion of Industry and Internal Trade (DPIIT) issued a revised Standard Operating Procedure (SOP) dated 4 May 2026 for processing Forei...
India’s war chest has better ammo than its peers. Moody’s approves
A Moody's Ratings analysis concluded that India's policy buffers — monetary, fiscal, and external — are better stocked than those of comparable emerging mark...
India could consider tweaking inflation target if growth stays robust, global shocks persist: RBI DG
The Reserve Bank of India's Deputy Governor Poonam Gupta has stated that the current inflation target of 4% — with a tolerance band of 2%–6% — remains approp...
Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nations
The Union Cabinet approved amendments to India's FDI framework governing investments from countries sharing a land border — including China, Pakistan, Bangla...
Why LNG supply disruption due to West Asia war has pushed India to consider raising storage capacity
The West Asia conflict, specifically the Iranian attack on Qatar's Ras Laffan LNG facility in early March 2026, forced QatarEnergy to declare force majeure o...
Trump launches ‘Project Freedom’ to open Strait of Hormuz, Iran strikes ships, UAE port
The United States launched "Project Freedom," a military-escorted convoy operation deploying guided-missile destroyers, over 100 aircraft, unmanned platforms...
India’s fertilizer subsidy reaches ₹2.17 trillion in FY26 due to West Asia war, may rise by a fifth in FY27
India's fertilizer subsidy for FY26 reached approximately ₹2.17 trillion, already exceeding the revised budgetary estimate before the West Asia conflict full...
India begins wheat exports after four-year hiatus on bumper crop
Indian traders began exporting wheat in 2026 for the first time in four years, after a bumper harvest made domestic surpluses available for export. India is ...
India, Canada begin second round of free trade talks in New Delhi; eye $50 billion trade by 2030
India and Canada commenced the second round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in New Delhi on May 4, 2026, five days ...