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Economy
India–New Zealand Sign Free Trade Agreement on Monday
India and New Zealand are on track to ink a landmark Free Trade Agreement (FTA), heralding a new era for their economic partnership. This pact culminates the successful negotiation of a deal in December 2025, and is expected to substantially enhance trade and investment flows and promote market access.
RBI Cancels Paytm Payments Bank Licence: Key Reasons & Impact
The Reserve Bank of India just made a big announcement of revoking the licence of Paytm Payments Bank with immediate effect. The bank was taken down via a press release on the grounds of failure to observe regulatory norms, governance issues, and the safety of depositors' money. This has
India’s Unified Payments Interface, UPI, Completes 10 Years of Operations
The Unified Payments Interface (UPI) in India is a decade-long milestone that has changed the digital payments environment in the country. UPI, which was introduced in 2016 by the National Payments Corporation of India, has facilitated real-time, safe, and smooth bank-to-bank payments using mobile-based devices. It has transformed the
Stagflation Explained 2026: Causes, Effects & Global Energy Crisis Impact
Stagflation has returned to the world economic agenda, particularly amid rising energy costs and decelerating growth. Institutions such as the World Bank define stagflation as a rare economic state in which high inflation is coupled with poor economic growth and rising unemployment, making the formulation of sound policies challenging.
Rising Global Tensions 2026: Opportunities & Risks for India’s Economy
Global tensions continue to grow in 2016 due to geopolitical tensions, trade restrictions and economic uncertainty, which are affecting the global economy. These trends pose opportunities and challenges for India. India, being a rapidly developing economy, needs to manage trade, energy and supply chain challenges and take advantage of
From 1776 to 2026: Adam Smith's Lessons for the Global Economy
In 1776, the Scottish economist Adam Smith published The Wealth of Nations, a landmark work that laid the foundation of modern economics. His ideas about free markets, division of labour, and limited government intervention shaped global economic thinking for centuries. Nearly 250 years later, in 2026, Smith’s insights remain
SBI Strongest Indian Bank; HDFC Bank Leads in Brand Value
India’s banking sector continues to demonstrate resilience and growth, with two giants standing out for different strengths. State Bank of India (SBI) is widely recognized as the strongest bank in the country due to its vast customer base, government backing, and nationwide branch network. Meanwhile, HDFC Bank leads in
India’s New GDP Series: A Game-Changer for Accurate Economic Growth Measurement
India is set to introduce a new GDP series with 2022-23 as the base year, replacing the previous 2011-12 series. This change aims to provide a more accurate representation of the economy by incorporating recent structural shifts, including digitalisation, formalisation, and evolving consumption trends. The updated methodology includes better
Kerala Presents India’s First Elderly Budget
Kerala has been a history-maker by introducing the first elderly budget in India to meet the needs of the rapidly aging population. Since the elderly population makes up almost 18.7 percent of the state population, the separate budget document will bring together all the allocations made towards the welfare
US Changes India Trade Deal Statement, Sparking Confusion
The US government changed its official factsheet on the interim trade agreement with India, which eliminated major language and introduced new ambiguity on what the deal entails. The new version deleted a reference to Indian tariff cuts in pulses, one of the staple agricultural products, and softened the language
