Economy

Govt proposes 7 kg ration per person for Antyodaya Anna Yojana households

The Centre proposes linking AAY foodgrain allotment to family size, granting 7 kg per person monthly while retaining a maximum household cap of 35 kg

Datanomics: India records arms trade surplus, hits record in FY26

India's arms trade surplus hits a record in FY26 as exports surge, partners shift to Europe and Armenia, and BrahMos missile sales talks with the UAE gather pace

Centre's disinvestment receipts in Q1 FY27 exceed FY26 proceeds

Government disinvestment receipts have crossed ₹18,000 crore in FY27's first quarter, already surpassing the total stake-sale proceeds of FY26

No US trade deal until India gets competitive edge, says Piyush Goyal

Commerce minister says agreement hinges on Washington providing tariff advantage against rival economies

Govt plans to borrow ₹3.36 trillion through Treasury Bills in Q2FY27

The Centre will raise Rs 3.36 trillion through 91-day, 182-day and 364-day Treasury Bills in the July-September quarter, with 14 weekly auctions scheduled by the RBI

Targeted RE spending can save India $28 bn in climate losses: Report

Investing just 2% of renewable energy project costs in climate resilience could help India avoid $28 billion in potential losses, a report says

20 states' capex utilisation slows to 5.86% in April-May FY27: CAG data

Twenty states utilised 5.86 per cent of their FY27 capex budgets in April-May, below the year-ago pace, though spending recovered in May after a sluggish April

US inflation hits three-year high as consumer spending rebounds

US consumer spending rose in May despite the highest inflation in over three years, reinforcing expectations that the Federal Reserve may raise interest rates

FTA with UK most comprehensive agreement so far, says Piyush Goyal

The minister arrived in the UK on a three-day visit to review the preparedness of both countries for the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA)

Iran to accept oil payments in any currency: What it could mean for India

Iran's central bank said oil export payments are not limited to the US dollar, highlighting greater flexibility as negotiations with Washington move forward

India plans to value its coal reserves in rupees: What does it mean?

MoSPI has proposed a framework to assign a monetary value to India's coal reserves. Here's what natural capital accounting means and why it differs from pricing coal

India set to approve Geely-backed investment of $370 mn as China ties thaw

The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains

El Niño set to further disrupt India's $300 bn agricultural supply chain

A prolonged delay in monsoon rainfall is disrupting kharif crop planting and raising concerns over agricultural output amid the emergence of El Niño conditions

India, US end latest trade talks with no clarity on proposed interim deal

Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer reviewed key trade issues, but negotiations offered few signals on when an interim agreement may be concluded

10-year govt bond yield at three-month low as RBI eases rate worries

The benchmark 10-year bond yield fell 6 basis points to 6.80 per cent as RBI Governor Sanjay Malhotra's remarks eased rate-hike concerns

Nearly 70% fresh e-Shram registrations are women, shows govt data

The report said regardless of regions and the formal or informal nature of employment, women are over-represented in domestic work and own-use production, public administration, education and health

India-China border trade via Lipulekh Pass to resume after 6 years

India-China border trade via Lipulekh Pass resumes after six years, with the first batch of 26 traders set to enter Tibet on June 26

ADB offers assistance to develop industrial, logistics infra in West Bengal

ADB has proposed funding economic regions, logistics hubs, industrial corridors and tourism projects to accelerate infrastructure-led growth in West Bengal

Odisha plans engineering department overhaul as capex utilisation slows

The state is considering cadre reforms and restructuring engineering wings after manpower shortages hindered utilisation of one of India's largest capital expenditure allocations

Welfare bills, rising commitments drag 4 states from surplus to deficit

Karnataka, Telangana, Chhattisgarh, and Bihar saw revenue balances weaken between FY23 and FY25 as spending outpaced receipts: CAG