Economy Current Affairs One-liners — Last 12 months

Fri, 29 May 2026

• In a joint statement released on 29 May 2026, Commerce Minister Piyush Goyal and Canada's Minister Sidhu launched the Canada-India Trade and Investment Forum and aimed to conclude Comprehensive Economic Partnership Agreement talks by the end of the year.

Thu, 28 May 2026

• The Insolvency and Bankruptcy Code, 2016 completed 10 years on 28 May 2026; as of March 2026, 1,419 cases had yielded resolution plans, realising over ₹4 lakh crore for creditors.
• NHAI has finalised a tentative list of 17 National Highway stretches totalling 1,692.5 km across nine States for monetisation through Toll-Operate-Transfer (TOT) and InvIT modes in FY 2026–27.

Wed, 27 May 2026

• On 27 May 2026 the CCEA approved SARTHAK-PDS, an umbrella scheme merging foodgrain-movement/FPS-dealer-margin assistance and SMART PDS, with a Central outlay of ₹25,530 crore up to 31 March 2031.
• The Third Advance Estimates for 2025-26, released on 27 May 2026, put India's foodgrain production at a record 376.563 million tonnes, about 18.8 million tonnes (5.3%) above 2024-25.
• The Petroleum Ministry said on 27 May 2026 that India, the world's fourth-largest refiner with 258.1 MTPA capacity across 22 refineries, has more than adequate petrol and diesel supplies.
• The 12th round of India–Republic of Korea CEPA upgrade negotiations was held in New Delhi from 25–27 May 2026; both sides agreed to form sub-groups on digital trade, supply chains and strategic industrial cooperation.

Tue, 26 May 2026

• On 26 May 2026 the Centre approved Skymap Pharmaceuticals Pvt. Ltd.'s bid of about ₹121.01 crore for 100% equity and management control of Indian Medicines Pharmaceutical Corporation Limited (IMPCL), a CPSE under the Ministry of Ayush.
• Telecom subscription data released on 26 May 2026 show India had 1,337.54 million telephone subscribers and 1,073.44 million broadband subscribers at the end of April 2026.
• KVIC's provisional data for 2025-26, released on 26 May 2026, show record sales of ₹1,87,105 crore and production of ₹1,25,296 crore, with employment for 2.04 crore people.
• On 26 May 2026 the India Semiconductor Mission (ISM), MeitY, launched an 'Investors Support' portal to give investors information and a grievance channel; 12 fab/packaging and 24 design projects have been approved under the Semicon India Programme so far.

Mon, 25 May 2026

• On 25 May 2026 MoSPI released the report of the Technical Advisory Committee on revising the base year of the All-India Index of Industrial Production from 2011-12 to 2022-23, ahead of the new series' launch on 1 June 2026.
• MoS Communications Dr Chandra Sekhar Pemmasani said on 25 May 2026 that India Post's revenue reached ₹15,373 crore in FY 2025-26, a single-year rise of ₹2,100 crore.
• At a review on 25 May 2026, the Ministry of Mines said a record 212 mineral blocks were auctioned in FY 2025-26, the most in a single year since auctions began in 2015, including 22 critical and strategic mineral blocks.

Sun, 24 May 2026

• The Department of Consumer Affairs has amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, letting GATCs verify five types of fuel dispensers, including CNG, LNG and hydrogen dispensers, as announced on 24 May 2026.

Sat, 23 May 2026

• On 23 May 2026 DPIIT released operational guidelines for the BHAVYA Scheme, a Central Sector Scheme to develop 100 investment-ready industrial parks over 2026-27 to 2031-32 with an outlay of about ₹33,660 crore.
• Commerce Minister Piyush Goyal will visit Canada from 25 to 27 May 2026 with over 100 Indian businesses to push negotiations on the India–Canada Comprehensive Economic and Partnership Agreement (CEPA), the ministry announced on 23 May.

Fri, 22 May 2026

• On 22 May 2026 NITI Aayog CEO Nidhi Chibber chaired the first meeting of the High-Powered 'Education to Employment and Enterprise' Standing Committee, set up under the Union Budget 2026-27 to help India reach a 10% share of the global services market by 2047.
• The 68th Governing Body Meeting of the Asian Productivity Organization, hosted by India at Bharat Mandapam, New Delhi, concluded on 22 May 2026 with Indonesia's Prof. Anwar Sanusi taking over as APO Chair for 2026–27 from India's Amardeep Singh Bhatia.
• On 22 May 2026 India and Ethiopia signed the bilateral market-access protocol for Ethiopia's accession to the World Trade Organization in Geneva.
• The Directorate of Revenue Intelligence said on 22 May 2026 that its Guwahati unit seized around 60,000 kg of foreign-origin areca nuts smuggled from Myanmar through the Mizoram border, arresting five people.

Thu, 21 May 2026

• NSO's Quarterly Bulletin on Unincorporated Sector Enterprises, released on 21 May 2026, put the number of unincorporated non-agricultural establishments at 9.16 crore in January–March 2026, up 16.69% year-on-year, with employment crossing 15 crore for the first time.
• On 21 May 2026 Commerce Minister Piyush Goyal told the American Chamber of Commerce's Annual Leadership Summit in New Delhi that American industry commitments in India over the last six months were estimated at upwards of $60 billion.

Wed, 20 May 2026

• During Prime Minister Narendra Modi's official visit to Italy on 19–20 May 2026, India and Italy elevated their relations to a Special Strategic Partnership and set a goal of €20 billion in bilateral trade by 2029.
• At PFRDA's APY Annual Felicitation Programme on 20 May 2026, officials reported a record 1.35 crore new Atal Pension Yojana subscribers in FY 2025-26, over 9 crore gross enrolments and assets above ₹54,000 crore.
• The Index of Eight Core Industries rose 1.7% (provisional) in April 2026 over April 2025, with only cement, steel and electricity recording positive growth.

Tue, 19 May 2026

• At the 3rd India-Nordic Summit, hosted by Norway in Oslo on 19 May 2026, India and the Nordic countries decided to shape their relations into a Green Technology and Innovation Strategic Partnership.
• The Coal Ministry said on 19 May 2026 that production had begun at the Urtan mine in Anuppur and the Dhirauli mine in Singrauli, Madhya Pradesh, with Urtan the first underground mine to produce under the commercial coal auction regime.
• On 19 May 2026 the Ministry of Education and IVCA held the Bharat Innovates Investor Showcase in Bengaluru, where 24 deep-tech start-ups presented to over 90 investors ahead of the flagship Bharat Innovates 2026 event in Nice, France, on 14–16 June.
• On 19 May 2026 the SEBI-established National Institute of Securities Markets (NISM) and the Indian Institute of Corporate Affairs (IICA) signed an MoU in Mumbai to advance corporate governance, ESG and capital markets.