Economy News ( English version)

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  • India, Eurasian Economic Union discussing limited interim trade deal: Russian minister May 30, 2026
    India and the Eurasian Economic Union are in talks for a trade deal. Discussions are ongoing for a free trade agreement. A limited and temporary trade arrangement for specific goods is currently being considered. Russian officials describe the negotiations as complex and ambitious. Trade liberalization talks between India and the EAEU have gained momentum. […]
  • Finance ministry flags inflation risks ahead of RBI policy as fuel prices, monsoon concerns mount May 30, 2026
    India faces rising inflation risks. Fuel prices are up, the rupee is weak, and a poor monsoon looms. The Finance Ministry warns of renewed price pressures. This comes before the Reserve Bank of India's policy decision. Wholesale price increases are a concern. Global conflicts also pose a threat to India's economy.
  • Centre withdraws draft sugarcane order after objections from states, stakeholders May 30, 2026
    The government has withdrawn the draft Sugarcane Control Order, 2026. This decision comes after receiving objections from state governments and other stakeholders. The draft aimed to replace the old order and bring ethanol and khandsari sectors under regulation. Concerns were raised about the impact on small khandsari units and farmers. The withdrawal is see […]
  • India may have found a new export tailwind May 30, 2026
    India's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally. However, sustained export growth hinges on strong international demand and stable domestic inflation. The government highlights India's strong macroeconomic position amidst these developments. This situation p […]
  • India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report shows May 30, 2026
    India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable. Foreign exchange reserves offer protection. However, rising crude prices, tighter finances, and a weak monsoon pose risks. Inflation needs careful watching. Navigating the coming […]

 

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