Economy News ( English version)

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  • Over 6,000 agriculture students to get scholarships via NSP-DBT, Rs 21.35 crore disbursed: Shivraj Singh Chouhan August 11, 2026
    Union Agriculture Minister Shivraj Singh Chouhan launched a new scholarship initiative. Over six thousand agriculture students will receive monthly direct bank transfers. This National Scholarship Portal-Direct Benefit Transfer system aims for faster payments. The government seeks to ensure timely financial assistance for students' education. This move […]
  • India-SACU trade pact terms may be signed tomorrow August 10, 2026
    India and the Southern African Customs Union are on the verge of finalizing terms for a significant trade pact. This agreement aims to set the groundwork for future negotiations involving market access and other sensitive subjects. The SACU, comprising South Africa and four additional member countries, has been in discussions for this preferential trade agre […]
  • Unemployment rate up at 5.4% on rise in rural joblessness in Q1 August 10, 2026
    The unemployment landscape in India shifted significantly in the April-June quarter, rising to 5.4%. Notably, rural areas faced increasing joblessness, with urban unemployment also experiencing a slight uptick. Female unemployment hit 5.7%, while males followed suit. A concerning youth unemployment rate of 15.9% emerged, especially among young women. Chhatti […]
  • Rice use for ethanol may rise as maize, sugarcane acreage falls this Kharif season August 10, 2026
    India is set to ramp up rice utilization for ethanol production this year, amid reduced planting of maize and sugarcane, raising concerns about feedstock availability. Fortunately, the government maintains a healthy stock of rice, offering a safety net. With sugar prices soaring to unprecedented levels due to crop output fears, this strategy aligns with Indi […]
  • Kharif sowing near normal as rainfall deficit shrinks August 10, 2026
    By August 7, farmers have successfully planted Kharif crops at 87.7% of the expected seasonal average. While rainfall deficiencies have mitigated, the focus is now firmly on crop yields. The acreage for critical crops like rice and pulses trails behind last year’s figures. On a positive note, reservoir water levels have improved significantly following recen […]

 

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