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ECONOMIC STATE
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...- Climate change, pollution push oceans to tipping point, UN report saysA new UN report reveals a "deepening crisis" in ocean health, driven by climate change, pollution, and overfishing. Rising sea levels, acid...
- India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
- Fadnavis proposes creation of special rail freight corridor to link ports with Samruddhi ExpresswayMaharashtra plans a dedicated rail freight corridor. This corridor will connect major ports like JNPT and Vadhvan Port with the Samruddhi E...
- Lower crude may not mean cheaper fuel immediately: NIPFP economistGlobal crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...
- Major boost to Meghalaya's infrastructure as Nitin Gadkari lays foundation stones of 6 National Highway projectsMeghalaya's infrastructure receives a major boost with Union Minister Nitin Gadkari inaugurating and laying foundation stones for six highw...
- No nuclear weapon, conditional relief & open Hormuz: Vance outlines 3 pillars of Iran peace frameworkUS Vice President JD Vance described that the peace agreement between Washington and Tehran stands centred on three key pillars-- preventin...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- CM DK Shivakumar hails Karnataka's dynamic economy; state registers 9.5% export growth in FY 2025-26Karnataka's economy is booming. Exports grew by 9.5 percent in the financial year 2025-26, reaching almost ₹19.7 lakh crore. The state lead...
- India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
- US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guaranteesSenior Trump administration officials revealed a new understanding with Iran, linking sanctions relief and economic reintegration to strict...
- High-level six member French delegation reaches Kolkata to explore business opportunitiesA six-member French delegation is in Kolkata to explore business cooperation. They will meet State Finance Minister Swapan Dasgupta and Chi...
- Northeast’s rise under PM Modi is one of India’s biggest success stories: Sarbananda SonowalThe Northeast region of India has transformed into a major economic growth hub; significant investments in infrastructure, digital connecti...
- Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...
- Andhra CM Chandrababu Naidu embarks on two-day visit to Singapore to boost investmentsAndhra Pradesh Chief Minister N Chandrababu Naidu is in Singapore for a two-day visit. The trip focuses on attracting investments and stren...
- RBI Governor meets Bengal CM Adhikari ahead of state's first budgetReserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata. They discussed key economic issu...
- China opposes US move to list top firms as military companiesChina strongly objects to the United States placing prominent Chinese companies on a military firm list. Beijing states this action disrega...
- India's strong growth keeps state finances stable despite deficits, rising debt: S&PIndia's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...
- World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
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