Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Asia conflict could shave off 1 percentage point from India's FY27 GDP growth projections: EY
EY India's Economy Watch report released in March 2026 estimates that if the West Asia conflict persists throughout FY2026–27, India's real GDP growth could ...
RoDTEP Scheme extended for six months
The Directorate General of Foreign Trade (DGFT) has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until September 30, 2026,...
RBI should access US Fed facility to stabilise rupee: ex-DG Patra
Former RBI Deputy Governor Michael Debabrata Patra proposed that the RBI should formally access the US Federal Reserve's swap facility as a structural tool t...
Unexpected surge: On India’s industrial growth
India's Index of Industrial Production (IIP) grew 5.2% year-on-year in February 2026, up from 4.8% in January 2026 and rebounding after the sharp deceleratio...
India can cater to 30 crore PNG connections with its domestic LNG production itself: PNGRB Secretary
The Secretary of the Petroleum and Natural Gas Regulatory Board (PNGRB) stated that India's domestic LNG (Liquefied Natural Gas) production is sufficient to ...
Russia offers fertiliser supplies to Global South amid Strait of Hormuz crisis
With the 2026 Strait of Hormuz crisis severely disrupting global fertiliser shipments, Russia has positioned itself as an alternative supplier to Global Sout...
New Income Tax Act 2025: Breaking down benefits for individuals
The Income Tax Act, 2025 — which replaces the 64-year-old Income Tax Act, 1961 — takes effect from April 1, 2026, introducing sweeping changes in how individ...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data shows
India exported approximately 7.45 million barrels of diesel to Southeast Asia in March 2026, the highest volume in seven and a half years, driven by tighteni...
In a fillip for e-commerce export, India eases norms for couriers
The Central Board of Indirect Taxes and Customs (CBIC) operationalised a set of comprehensive reforms for e-commerce exports and courier trade from April 1, ...
India warns against forced rules, flags WTO legitimacy risks at ministerial meet
At the World Trade Organisation's 14th Ministerial Conference (MC14) held in Yaoundé, Cameroon, Commerce and Industry Minister Piyush Goyal led India's deleg...
Missiles overhead, mines below: How an Indian LPG tanker survived the Hormuz blockade
The Indian-flagged LPG tanker Pine Gas, carrying 45,000 metric tons of LPG, was stranded for nearly three weeks after Iran began selectively blocking passage...
New income-tax act takes effect today
From April 1, 2026, the Income Tax Act, 2025 replaces the 1961 Act, bringing the most comprehensive overhaul of India's direct tax law in six decades. Share ...
RBI's net short position rises to $77 billion in Feb as it defends rupee
The Reserve Bank of India's net short dollar position in its forward book rose to $77.5 billion in February 2026, a record high, up from $68.42 billion in Ja...
Centre plans sweeping reforms as West Asia war jolts supply chains
The Union government is preparing a comprehensive reform plan in response to supply chain disruptions caused by the West Asia war, with energy security and f...
On global tensions and India’s economy
The ongoing U.S.-Israel-Iran conflict has transmitted an acute external shock to India's economy through three primary channels: elevated crude oil prices, d...
Vegetable prices crash up to 80% since January, deepening farm distress
Since January 2026, vegetable prices in India have crashed sharply: potatoes down ~40%, onions ~50%, and tomatoes by up to 80% from recent highs. The crash i...
World Bank-funded health scheme in Kerala might need more scrutiny
Kerala's government received World Bank approval for the Kerala Health System Improvement Programme (KHSIP), a ₹3,464-crore ($280 million) project to be impl...
Japan to create special cell to push FDI into India
Japan's Ministry of Foreign Affairs is establishing a new dedicated center to assist Japanese companies in navigating India's regulatory environment and iden...
Courier export cap removed to boost ecomm shipments, cut logistics delays
From April 1, 2026, the Central Board of Indirect Taxes and Customs (CBIC) has abolished the ₹10 lakh (₹1 million) per-consignment value cap on courier expor...