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Ministry of Parliamentary Affairs · GODL-India

New Zealand Parliament passes legislation to implement India FTA

New Zealand's Parliament has passed legislation to implement its free trade agreement with India. The landmark pact could take effect in the second half of October, granting immediate duty-free access for more than half of New Zealand's exports while opening opportunities for key Indian sectors. The agreement marks a significant step in deepening bilateral trade ties between the two economies.

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Reports & Indices

August retail inflation hits 20-month high of 4.8%, raising RBI rate-hike odds

Retail inflation measured by the Consumer Price Index rose to a 20-month high of 4.8% in August, driven up by rising food prices. Economists said the reading raises the chances of a Reserve Bank of India rate hike at its October review. The uptick reverses the earlier disinflation trend and puts the Monetary Policy Committee under pressure to respond.

The Hindu

Ministry of Commerce and Industry (India) · GODL-India

Economy

Piyush Goyal urges BRICS to link payment systems, trade in local currencies

Union Commerce Minister Piyush Goyal, speaking at the inaugural session of the BRICS Business Forum 2026, called on member nations to link their payment systems and trade in local currencies. He said BRICS cooperation would create jobs, wealth and prosperity for a bloc that represents half of the global population and 40% of global GDP, positioning the grouping as a driver of Global South growth.

The Hindu

Schemes

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

The government has put the performance-linked incentive (PLI) scheme for bank staff on hold ahead of a planned strike by bank employees. The decision followed a meeting between Finance Minister Nirmala Sitharaman and a delegation of bank employees. The move addresses union objections to the incentive structure in the public-sector banking system.

The Hindu

Schemes

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

The Coal Ministry has rejected the claim that its coal gasification scheme had no takers, stating that Talcher Fertilisers Ltd (TFL) and NTPC have applied under the scheme. Talcher Fertilisers is already implementing a coal-based ammonia-urea gasification complex, which is expected to be commissioned in FY 2027-28, underscoring the government’s push to promote surface coal gasification.

The Hindu

Economy

Ministry of Commerce and Industry (India) · GODL-India

Economy

Public Accounts Committee flags ₹9,222 crore in cess not transferred to reserve funds

The Hindu

Schemes

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

The Hindu

Schemes

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

The Hindu

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Parliament of India Reserve Bank of India (RBI)Production Linked Incentive (PLI) Scheme

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Prepared from official releases (PIB) and national dailies. Summaries and insights are AI-generated from those sources, checked against them before publishing, and each item links to its original. Photographs are from Wikimedia Commons and credited where shown. Not affiliated with UPSC, SSC or any examination body — verify against official notifications.

Today

New Zealand Parliament passes legislation to implement India FTA

August retail inflation hits 20-month high of 4.8%, raising RBI rate-hike odds

Piyush Goyal urges BRICS to link payment systems, trade in local currencies

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

More stories

Economy

Piyush Goyal urges BRICS to link payment systems, trade in local currencies

WPI inflation rises to 9.92% in August

IMF says India’s Q1 GDP growth of 7.8% is ‘above expectations’

Public Accounts Committee flags ₹9,222 crore in cess not transferred to reserve funds

Schemes

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

Practice Tests

Today’s Test

Weekly Test

Monthly Test

Weekly Revision

Concepts

Fetching the latest headlines…

Today

New Zealand Parliament passes legislation to implement India FTA

August retail inflation hits 20-month high of 4.8%, raising RBI rate-hike odds

Piyush Goyal urges BRICS to link payment systems, trade in local currencies

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

More stories

Economy

Piyush Goyal urges BRICS to link payment systems, trade in local currencies

WPI inflation rises to 9.92% in August

IMF says India’s Q1 GDP growth of 7.8% is ‘above expectations’

Public Accounts Committee flags ₹9,222 crore in cess not transferred to reserve funds

Schemes

Government puts bank staff performance-linked incentive scheme on hold ahead of strike

Coal Ministry rejects ‘No Takers’ claim on coal gasification scheme

Practice Tests

Today’s Test

Weekly Test

Monthly Test

Weekly Revision

Concepts