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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

June 2026 20 articles
13 13

USTR Greer to travel to India for trade talks, deal possible, senior US official says

The US Trade Representative (USTR) Jamieson Greer is scheduled to travel to India in the weeks following the G7 leaders' summit in France, with a senior US a...

GS Paper 2 (India's Foreign Policy India-US Relations) GS Paper 3 (Indian Economy External Sector) International Relations Economics 6m
13 13

India's FTAs set stage for $1 trillion export target: Report

A new report by Yes Securities identifies India's recent wave of Free Trade Agreements as a structural catalyst that could unlock $1 trillion in merchandise ...

GS Paper 2 (India's Foreign Policy) GS Paper 3 (Indian Economy Growth Development Employment) Economics International Relations 4m
12 12

Retail inflation at 16-month high of 3.9% as food items get dearer

The Ministry of Statistics and Programme Implementation (MoSPI) released the Consumer Price Index (CPI) data for May 2026, showing retail inflation at 3.93% ...

GS Paper 3 (Indian Economy) Economics 4m
12 12

El Nino sets in, clouds kharif outlook

The India Meteorological Department (IMD) has officially confirmed the onset of El Niño conditions over the equatorial Pacific Ocean, raising concerns for In...

GS Paper 1 (Geography) GS Paper 3 (Agriculture Economy) Geography Environment & Ecology Economics 5m
12 12

Govt limits diesel sales to 200 litres per vehicle in a day, bars bulk users to buy through petrol pumps

The Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026 o...

GS Paper 2 (Government Policies) GS Paper 3 (Indian Economy Energy Security) Economics Polity & Governance 4m
12 12

Govt bars bulk industrial petrol, diesel purchases through petrol pumps

The Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026 o...

GS Paper 2 (Government Policies) GS Paper 3 (Indian Economy Energy Security) Economics Polity & Governance 3m
12 12

Asked India to buy Russian oil, then hit us with tariffs: Jaishankar on US flip-flops

India's Ministry of External Affairs, in remarks delivered at an international forum in Finland, publicly highlighted a contradiction in US trade and energy ...

GS2 (International Relations India's Foreign Policy) GS3 (Indian Economy Energy Security) International Relations Economics 6m
12 12

India retail inflation hits 16-month high of 3.93% in May amid food, energy price rise

India's retail CPI inflation rose to 3.93% in May 2026 from 3.48% in April — the fifth straight monthly increase and the highest reading under the new CPI 20...

GS3 (Indian Economy Monetary Policy) Economics 7m
12 12

At NITI Aayog, Vijay lays out TN development agenda—raises NEET, funds, youth skills & infra demands

At the 11th NITI Aayog Governing Council Meeting (June 11–12, 2026), Tamil Nadu's Chief Minister presented a comprehensive development agenda emphasising coo...

GS2 (Federalism Centre–State Relations Education Policy) GS3 (Infrastructure Space Skills) Polity & Governance Economics 6m
12 12

3 strikes, 3 days, 3 deaths—Rise in Indian-crewed shadow fleet ships draws concern in New Delhi

Three oil tankers were struck by US naval forces within three days off the coast of Oman, resulting in three Indian seafarer deaths and at least 65 requiring...

GS2 (International Relations Internal Security) GS3 (Energy Security Indian Economy) International Relations Internal Security Economics 6m
12 12

India's retail inflation quickens to 3.93% in May amid high food & fuel prices

India's Consumer Price Index (CPI)-based retail inflation rose to 3.93% in May 2026, up from 3.48% in April — marking the fifth consecutive monthly increase ...

GS3 (Indian Economy) Economics 5m
12 12

India willing to let fiscal deficit widen to 4.8% of GDP: Report

India may allow its fiscal deficit to widen to 4.8% of GDP in 2026-27, departing from the 4.3% target set in the Union Budget presented in February 2026. The...

GS3 (Indian Economy Fiscal Policy Government Budgeting) Economics 5m
12 12

BRICS agriculture ministers begin deliberations in Indore on food security, small farmers' welfare

A five-day BRICS agriculture event is underway in Indore, comprising a three-day Agricultural Working Group meeting (June 9–11) followed by a two-day ministe...

GS2 (International Relations) GS3 (Agriculture & Food Security) International Relations Economics Agriculture & Food Security 6m
12 12

Weak monsoon, El Niño to take a tenth of India’s hydro power generation offline

The India Meteorological Department (IMD) has revised its 2026 southwest monsoon forecast down to 90% of the Long Period Average (LPA) — placing the outlook ...

GS Paper 1 (Geography Climate) GS Paper 3 (Environment Energy Security) Environment & Ecology Economics Geography 5m
11 11

NITI Aayog meet: PM Modi & CMs talk about making energy ‘available & reliable’, prices ‘competitive’

At the 11th Governing Council Meeting of NITI Aayog (June 11, 2026), energy emerged as a central policy theme under the meeting's theme "Inclusive Human Deve...

GS3 (Energy Environment Infrastructure) GS2 (Governance Cooperative Federalism) Polity & Governance Economics Environment & Ecology 6m
11 11

First gold jewellery shipment from Kolkata to Oman sent under India-Oman CEPA

On June 11, 2026 — just ten days after the India–Oman CEPA came into force (June 1, 2026) — the first consignment of gold jewellery from Kolkata was dispatch...

GS2 (India's Foreign Policy Bilateral Relations) GS3 (Indian Economy Trade Exports) Economics International Relations 6m
11 11

PM Surya Ghar sees 40 lakh installations so far: Local cell mandate may hit solar scheme

PM Surya Ghar: Muft Bijli Yojana has surpassed 40 lakh rooftop solar installations across India, making it one of the fastest-scaling residential solar progr...

GS Paper 3 (Energy Security Government Schemes Infrastructure) Economics Environment & Ecology Polity & Governance 5m
11 11

India moves to diversify pharma exports & cut US market dependence, eyes $130 billion target by 2030

The Commerce Ministry has initiated measures to reduce India's dependence on the US market for pharmaceutical exports, following the West Asia crisis and its...

GS Paper 3 (Indian Economy Industry Trade); GS Paper 2 (Government Policies) Economics International Relations 6m
11 11

Himachal wants high level committee to assess financial impact; Punjab wants Special Category Status

At the 11th Governing Council Meeting of NITI Aayog (June 11, 2026), Himachal Pradesh demanded that a high-level committee be constituted to assess the finan...

GS Paper 2 (Polity & Governance) GS Paper 3 (Indian Economy) Polity & Governance Economics 7m
11 11

Gearing up for El Nino: NCCF puts tenders to sell Tur Dal on hold

The National Cooperative Exports Limited (NCCF) has paused tenders for selling tur (arhar) dal from the government's buffer stock, following a request from t...

GS Paper 3 (Agriculture Food Security Government Interventions) Economics Environment & Ecology 4m
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