Economics
Trade, fiscal policy, banking, agriculture and economic indicators
IGoM reviews preparedness amid West Asia developments, ensures energy, food security
The Informal Group of Ministers (IGoM), chaired by Defence Minister Rajnath Singh, convened its third meeting on April 8, 2026, at Kartavya Bhawan-2, New Del...
States to be pushed for ‘utility led aggregation’ to meet PM Surya Ghar targets
The Central Government is pushing states to adopt a 'utility-led aggregation' model to accelerate rooftop solar installations under the PM Surya Ghar Muft Bi...
RBI holds repo rate, flags supply chain risks to inflation & growth
The RBI's Monetary Policy Committee held the policy repo rate at 5.25% in its April 2026 review, and highlighted supply chain disruptions stemming from West ...
IBBI panel suggests project-wise insolvency resolution for real estate sector
A Committee constituted by the Insolvency and Bankruptcy Board of India (IBBI), chaired by Whole-Time Member Jayanti Prasad, submitted its report on April 8,...
Foreign Secretary Vikram Misri launches India-US trade Facilitation Portal
Foreign Secretary Vikram Misri launched the India-US Trade Facilitation Portal, a new digital platform designed to connect Indian exporters with US importers...
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit push
Pradhan Mantri Mudra Yojana (PMMY) completed 11 years on April 8, 2026, having disbursed over Rs 40 lakh crore (Rs 40.07 lakh crore as of March 27, 2026) thr...
India ranked third globally in RE capacity
India has surpassed Brazil to rank third globally in renewable energy installed capacity, according to IRENA (International Renewable Energy Agency) RE Stati...
Amid Iran-US crisis, RBI retains policy repo rate unchanged at 5.25%: Monetary Policy Statement
The Reserve Bank of India retained the policy repo rate at 5.25% amid the ongoing Iran-US geopolitical crisis, which had caused crude oil prices to spike to ...
RBI retains FY26 GDP at 7.6%; sets FY27 growth at 6.9%, inflation at 4.6% as war risks mount
The Reserve Bank of India retained its FY26 (2025-26) GDP growth estimate at 7.6% and set FY27 (2026-27) GDP growth projection at 6.9%, while projecting CPI ...
RBI Policy April 2026 Meeting: Repo rate remains unchanged at 5.25%, stance remains ‘neutral’
The RBI's Monetary Policy Committee held the policy repo rate at 5.25% in its April 2026 bi-monthly meeting, marking the continuation of a pause that began a...
RBI keeps interest rates unchanged, says upside risks to inflation have increased
The Reserve Bank of India's Monetary Policy Committee (MPC), in its April 2026 bi-monthly review (meeting dates: April 6–8, 2026), unanimously voted (6-0) to...
RBI Governor cautions: West Asia conflict likely to impede growth, increase imported inflation
RBI Governor Sanjay Malhotra, presenting the April 2026 Monetary Policy Committee (MPC) decisions, cautioned that the West Asia conflict posed significant do...
Tanker with Iranian crude heading towards India’s east coast, shipping data shows; could mark first import of Tehran’s oil in 7 years
A Curacao-flagged Very Large Crude Carrier (VLCC) named Jaya, loaded with Iranian crude oil, is heading towards India's east coast — the first Iranian crude ...
‘West Asia conflict effect kept in mind’: Cabinet clears 12% hike in P&K fertiliser subsidy
The Union Cabinet approved a 12% hike in the import tariff on urea, citing the impact of the West Asia conflict on global fertiliser supply chains. The tarif...
Top 10% rural households own 44% land in India: World Inequality Lab study findings, explained
A World Inequality Lab Working Paper (2026/09) titled "Land Inequality in India: Nature, History, and Markets" found that the top 10% of rural households own...
Shipping far from normalcy after Hormuz truce
Global shipping remained far from normal following the US-Iran ceasefire, with multiple structural and legal hurdles preventing rapid restoration of Hormuz t...
Iran still in control of strait; shippers seek clarity before transiting
Despite the US-Iran two-week ceasefire (April 7–8, 2026), Iran's IRGC maintained operational control of the Strait of Hormuz, with shipping traffic remaining...
World Bank cuts India’s FY27 growth rate by 30 bps, to 6.6%
The World Bank revised India's GDP growth forecast for FY2026-27 downward by 30 basis points, projecting growth at 6.6% — down from its earlier estimate of 6...
CCEA approves ₹73,000 crores plus equity infusion for HPCL Rajasthan Refinery
The Cabinet Committee on Economic Affairs (CCEA) approved a revised project cost of ₹79,459 crore for HPCL Rajasthan Refinery Limited (HRRL), up from the ori...
India’s solar energy capacity crosses 150 GW
India's cumulative solar power installed capacity crossed 150 GW in March 2026, reaching 150.26 GW In FY2025-26 alone, solar installations totalled 44.61 GW ...