Economy News ( English version)

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  • Onion farmers seek Rs 10,000 crore revival package, stable export policy from Centre May 31, 2026
    Maharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore revival package. Farmers have suffered significant losses due to export bans, price crashes, and natural calamities. The association seeks direct financial assistance and policy changes to support growers and the rural economy. […]
  • Strait of Hormuz disruption biggest risk to India's growth, inflation outlook: Finance Ministry May 31, 2026
    India faces economic challenges from the West Asia war. Rising energy prices and a weaker rupee are concerns. A poor monsoon could worsen food inflation, impacting rural demand and growth. The government emphasizes policy flexibility to manage these risks. Strong services exports and investment offer resilience. India's competitive pricing due to rupee […]
  • 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    The government has withdrawn the draft Sugarcane Control Order, 2026.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 […]

 

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