The world, in its draft form.
Latest economy news covering India’s economic policy, government budgets, business, markets, taxation, and financial developments affecting growth and public finance.
Key Takeaways RBI’s Expected Credit Loss (ECL) framework will come into effect from April 1, 2027, replacing the traditional incurred loss model. Banks will be required to identify and provision…
Key Highlights The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% following the latest Monetary Policy Committee (MPC) meeting. The central bank retained its neutral…
Why RBI Is Considering Polymer Notes Again The Reserve Bank of India is revisiting its plan to introduce polymer banknotes after more than a decade. Polymer notes are more durable…
India Fuel Price Update: May 25, 2026 Petrol and diesel prices were increased for the fourth time in 10 days on May 25, 2026. Today’s revision raised petrol prices by…
Rupee Recovery Snapshot The Indian rupee strengthened to around 95.27 against the US dollar on May 25. Lower crude oil prices and easing Middle East tensions supported the recovery. The…
Article Summary The Punjab government presented the 2026–27 state budget in the Punjab Vidhan Sabha with a total proposed expenditure of ₹2,60,437 crore. The budget projects the state’s Gross State…
Article Summary The Maharashtra government presented the 2026–27 state budget with a long-term development roadmap aligned with the “Viksit Maharashtra 2047” vision. The budget estimates revenue receipts of ₹6,16,099 crore…