The daily brief
The day’s economics stories, laid out the way you’d revise them — with context, concepts, key data, and two practice MCQs on each.
Net direct tax collection grew 23% year-on-year to ₹8.11 lakh crore by August 10, driven largely by slower refunds and a 51% jump in Securities Transaction Tax rather than a broad pick-up in gross...
Fitch affirmed India's sovereign rating at BBB- for the 20th straight year, projecting 6.4% growth in FY27 but warning that youth protests over jobs and exams could push the Centre to raise spending...
Non-housing retail loans now make up 58.4% of household borrowings and outstanding gold loans have surged past ₹4.61 lakh crore, with fintech-led small-ticket unsecured lending to younger borrowers...
RBI Governor Sanjay Malhotra said the central bank is expanding rupee use in cross-border trade and is discussing faster, cheaper international payments with BRICS partners, including possible use of...
State Bank of India is returning to the public dollar bond market after nearly a year with a five-year issue, planning to raise at least $500 million at an initial price of about 120 basis points over...
Russia's share of India's crude imports rose to a record 48% in June 2026, just as the US Senate cleared a Bill authorising 100% tariffs on top buyers of Russian oil; White House trade adviser Peter...