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42 stories for “Economy” · February 2026
Clear filtersCentral Excise Day on 24 February marks the Central Excise and Salt Act of 24 February 1944, which merged 11 excise laws into one. Central excise is an indirect tax on goods made in India; since GST in 2017 it applies ma...
**Overview** From February 26 to 28, 2026, the National Institute of Food Technology Entrepreneurship and Management (NIFTEM-K) hosted the International Conference ANVESH-2026, a landmark global platform bringing togethe...
**Overview** On February 28, 2026, the Central Board of Indirect Taxes and Customs (CBIC) introduced the Eligible Manufacturer Importers (EMI) scheme, a landmark reform allowing the deferred payment of Customs import dut...
According to the Centre for Research on Energy and Clean Air (CREA), India was the second-biggest purchaser of Russian fossil fuels in January 2026, after China. India bought €2.2 billion (US$2.59 billion) of Russian ene...
RBI data showed India's foreign exchange reserves climbing to a record US$725.727 billion in the week ended 13 February 2026, a weekly jump of US$8.663 billion. Foreign Currency Assets, held in dollars, euros, yen and po...
The Union Mines Minister said India will start producing rare-earth permanent magnets in 2026. A scheme approved by the Cabinet in November 2025, with an outlay of ₹7,280 crore, targets 6,000 tonnes a year. These magnets...
The government shifted the base year of India's merchandise trade indices from 2012-13 to 2022-23. The revision, carried out by the Directorate General of Commercial Intelligence and Statistics (DGCI&S) on the advice of...
The Ministry of Power said India added 52,537 MW of generation capacity in 2025–26 up to 31 January 2026, the highest ever, beating the 34,054 MW added in 2024–25. Renewables contributed 39,657 MW, including 34,955 MW so...
The Union Home Minister launched India's first Public Distribution System using Central Bank Digital Currency in Gandhinagar. Run by the Food and Public Distribution Ministry with the RBI and the Gujarat Government, the...
The Adani Group has entered nuclear power following the SHANTI (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) Act, 2025, with Adani Power forming a wholly owned subsidiary, Adani Atomic...
MoSPI reported retail inflation of 2.75% for January 2026, the first reading under the new Consumer Price Index series with 2024 = 100. The new series replaces the 2012 base and draws on the Household Consumption Expendi...
The Union Cabinet cleared the Startup India Fund of Funds 2.0 with a ₹10,000 crore corpus to channel long-term domestic capital into startups and venture funds. It succeeds the 2016 Fund of Funds for Startups, under whic...
