Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Why RBI cancelled Paytm Payments Bank’s banking licence
The Reserve Bank of India cancelled the banking licence of Paytm Payments Bank Limited (PPBL) with effect from April 24, 2026, ordering the bank to wind up o...
CESL starts tender process for 3,604 e-buses
Convergence Energy Services Limited (CESL), a government enterprise under the Ministry of Power, has initiated a tender process for the procurement of 3,604 ...
Centre raises wheat procurement target to 34.5 million tonnes amid erratic weather
The central government raised its wheat procurement target for the 2026-27 Rabi Marketing Season (RMS) by 15 percent — from 30 million tonnes to 34.5 million...
World Bank’s IFC targets $10 billion in annual investments in India by 2030
The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has announced a target to scale its annual investments in India ...
India, U.S. conclude ‘constructive’ in-person talks on trade deal, but no word on deadline
Senior Indian trade officials visited Washington, D.C. from April 20–23 for the first in-person round of trade negotiations since October 2024, holding detai...
Rupee's valuation sinks to over-a-decade low, bruised by Iran war, portfolio outflows
The Indian rupee's Real Effective Exchange Rate (REER) based on a 40-currency basket fell to 92.72 — significantly below its long-run average of 98.25 — mark...
India hikes wheat procurement target as farm-gate prices rule lower
The Central government has raised India's wheat procurement target for the 2026-27 Rabi Marketing Season (RMS) from 303 lakh tonnes to 345 lakh tonnes — an i...
CropLife demands 5-year data protection in pesticides bill
The Pesticides Management Bill (PMB), intended to replace the Insecticides Act, 1968, is reported to be nearly ready for introduction in an upcoming session ...
Indian economy remains stable despite West Asia conflict, says RBI Bulletin
The Reserve Bank of India's April 2026 Monthly Bulletin, released on April 23, 2026, included a "State of the Economy" article that assessed the impact of th...
Rising temperatures put India’s rice farming at risk, says FAO-WMO report
A joint report by the Food and Agriculture Organization (FAO) and the World Meteorological Organization (WMO) — titled "Extreme Heat and Agriculture" — has f...
West Asia tensions and oil supply disruption may push Asian economies towards faster renewable shift: Jefferies
A report by financial services firm Jefferies assessed that ongoing tensions in West Asia and the disruption to the Strait of Hormuz — a critical global oil ...
Net FDI jumps to 45-month high in February 2026, breaking six-month negative streak
Net Foreign Direct Investment (FDI) into India turned sharply positive in February 2026, reaching $4.6 billion — the highest net FDI figure in 45 months (sin...
RBI highlights mixed economic trends in India as West Asia crisis impacts demand, supply
The Reserve Bank of India's April 2026 Bulletin identified a pattern of mixed economic trends in India, with demand conditions remaining broadly resilient ev...
Mines Ministry announce ₹5,000 crore incentive scheme for states to spur blocks’ auction, operationalisation
The Ministry of Mines announced a Rs 5,000 crore incentive mechanism for states and union territories to accelerate mining sector reforms, incorporated into ...
What is 100% ethanol blending? | Explained
India has intensified its push toward 100% ethanol fuel (E100) for road vehicles and is simultaneously advancing the use of ethanol as a feedstock for Sustai...
Oil prices up 1% amid continued stalemate on US-Iran talks, closure of Strait of Hormuz
Brent crude oil prices rose above $106 per barrel as the stalemate in US-Iran negotiations continued, with the Strait of Hormuz remaining a flashpoint of geo...
Seed, pesticide laws nearly ready; likely to be tabled in next Parliament session: Chouhan
Draft legislation to replace the Seeds Act, 1966 and the Insecticides Act, 1968 is near finalisation and is expected to be tabled in the next Parliament sess...
Rupee ends 22 paise weaker at 94.23 against U.S. dollar
The Indian rupee depreciated by 22 paise to close at 94.23 per US dollar on April 24, 2026, extending a week-long losing streak driven by global risk aversio...
Agro-forestry will be renamed as ‘tree-based farming’, says Shivraj
The Agriculture Ministry announced that the practice of agro-forestry would be officially renamed "tree-based farming" — a rebranding aimed at making the con...
West Asia conflict could cause 120 bcm of LNG supply loss from 2026-2030, says International Energy Agency
The International Energy Agency (IEA) has projected that the West Asia conflict could result in cumulative LNG (liquefied natural gas) supply losses of over ...