Economy & Policy News

New mining rules raise concerns over enforcement, penalties for violations

New mining penalty rules may weaken enforcement by capping civil penalties and allowing violations to be settled without inquiry, experts and industry stakeholders said

Tiruppur: How a small cluster turned into a textile export powerhouse

From ₹429 crore in 1991, exports from India's knitwear capital have grown to ₹46,000 crore with markets spanning 50-plus countries

Datanomics: India-China economic ties don't reflect their might

India and China seek stronger economic ties, but trade imbalance, border tensions and limited Chinese investment remain key hurdles

Late monsoon, West Asia war drove retail inflation to 20-mth high in August

Retail inflation, measured by CPI, rose to 4.82% in August from 4.45% in July, staying above the RBI's median 4% target for the third consecutive month

Govt paves way for banks to levy charges on UPI payments above ₹2,000

MDR is the fee that merchants pay to banks and payment service providers for processing digital payment transactions

Search rankings: When consumer law issue meets competition law

For digital platforms, the challenge from Jan 2027 will be to demonstrate not merely that information is disclosed, but that disclosure, design of platform enable genuinely informed consumer choice

RBI Governor Sanjay Malhotra calls on Finance Minister Sitharaman

The next meeting of the Monetary Policy Committee (MPC), the RBI's rate-setting panel, is scheduled for October 5-7, 2026

Retail inflation rises to 4.82% in August as food inflation climbs to 5.95%

Food inflation rose to 5.95 per cent in August from 5.52 per cent in July, while rural and urban headline inflation stood at 5.23 per cent and 4.31 per cent, respectively

India, Canada begin fourth CEPA talks, aim to conclude pact this year

The issues that would figure in the five-day (September 14-18) talks include trade in goods, services, rules of origin, and technical trade barriers, among others

OMO bond sales explained: Why RBI wants to pull ₹1 trn out of the system

Surplus liquidity has surged after RBI's special forex swap scheme, prompting the central bank to use bond sales to pull cash out of the banking system and realign overnight rates with its policy rate

August WPI inflation edges up to 9.92% as fuel prices stay elevated

Fuel and power inflation rose to 22.93 per cent, while the WPI Food Index increased to 7.05 per cent in August 2026

Weekly policy watch: Retail, wholesale inflation data in focus this week

India's policy calendar this week will focus on inflation data and forex reserves figures, offering clues on price pressures and India's external financial position

Saudi Arabia pipeline outage threatens loss of 4% of global oil supply

Saudi Arabia has enough oil stocks at key ports to sustain exports for only a few days, raising the risk of a major supply loss if its East-West Pipeline does not restart soon

FISME calls for easier trade finance, tech access for MSMEs under Brics

FISME said Brics cooperation should move beyond sharing experiences and create mechanisms that help smaller firms trade, invest and adopt technologies

India-EU FTA opens premium car mkt, gives Indian firms larger export quota

European carmakers get a first-year quota of 100,000 ICE and hybrid cars, while Indian-origin vehicles priced up to 50,000 euros get access to a 250,000-unit EU quota

Brics declaration eyes deeper cooperation on sustainable transport systems

Brics nations seek deeper cooperation on sustainable transport, resilient supply chains, urban mobility and infrastructure under the New Delhi Declaration

Brics leaders deepen audit, statistics ties; endorse SAI work plan

Brics leaders back deeper cooperation among national auditors and statistics agencies, endorse the SAI Work Plan 2027-2028 and call for modernisation of official data systems

PM Modi moots greater voice for global economic drivers at Brics Summit

PM Modi calls for a greater voice for countries driving global economic growth and reforms in the UN Security Council and global financial institutions

US, India join hands to strengthen security of undersea cable networks

The partnership seeks to improve the resilience and diversification of subsea communication infrastructure as India strengthens its position as a global digital and technology hub

US finalises steep duties on solar imports from India, Indonesia, Laos

The US Commerce Department imposed anti-dumping and countervailing duties on solar imports from India, Indonesia and Laos, citing cheap exports and government subsidies