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What happened. On 27 February 2026 MoSPI released December-quarter GDP data and first advance estimates for FY26 on a revised 2022-23 base, reporting 7.8% growth for the quarter. Why it matt…
Read moreWhat happened. On 20 February 2026 the US Supreme Court held that the International Emergency Economic Powers Act does not authorise the President to impose tariffs; the administration then…
Read moreWhat happened. On 2 February 2026 US President Donald Trump announced a trade deal with India that lowered the reciprocal tariff on Indian goods to 18%, followed by a framework for an interi…
Read moreWhat happened. On 6 February 2026 the Monetary Policy Committee left the repo rate unchanged at 5.25% with a neutral stance and deferred its FY27 growth and inflation forecasts to the April…
Read moreWhat happened. The Budget presented on 1 February 2026 set the FY27 fiscal deficit target at 4.3% of GDP and raised the capital-expenditure outlay to about Rs 12.2 lakh crore. Why it matters…
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