Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Hormuz blocked, but India may get first delivery of Iranian crude oil after 7 years
An Iranian crude oil tanker is set to deliver its cargo to India for the first time in approximately seven years, even as the Strait of Hormuz remains effect...
Telangana Assembly passes Gig Workers Bill: What is the Bill about, and how other states with such laws have fared
The Telangana Assembly passed the Telangana Platform-based Gig Workers (Registration, Social Security and Welfare) Bill, 2026 on March 30, 2026, making Telan...
India signs record 219 Advance Pricing Agreements in FY26
India's Central Board of Direct Taxes (CBDT) signed a record 219 Advance Pricing Agreements (APAs) during FY2025-26, the highest annual total since the progr...
India may pivot to the US as conflict clouds availability of LPG from West Asia
India is actively diversifying LPG imports away from West Asia towards the United States, with US-origin supplies expected to remain competitive in Asian mar...
Popular duty remission scheme for exporters extended till September 30
The government extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to September 30, 2026, providing relief to Indian exporters fa...
India could face pressure as US pushes plurilateral e-commerce moratorium
The WTO's e-commerce customs duties moratorium — which has prevented WTO members from imposing customs duties on electronic transmissions since 1998 — expire...
Mint Explainer: What income tax changes will kick in from 1 April?
April 1, 2026 marks the commencement of the Income Tax Act, 2025, which replaces the Income Tax Act, 1961 — the most significant structural reform of India's...
Developing countries, LDCs can no longer be rule-takers at WTO: Commerce Secretary
India's Commerce Secretary, speaking in the context of the WTO's 14th Ministerial Conference (MC14) held in Yaoundé, Cameroon, asserted that developing count...
GST liability on intermediary services shifts to recipient from supplier
The Central Board of Indirect Taxes and Customs (CBIC) has effected two major reforms effective April 1, 2026: a structural change in GST liability for inter...
New Income Tax Act explained: What changes for salaried taxpayers from April 2026
The Income-tax Act, 2025 comes into effect from April 1, 2026, replacing the Income-tax Act, 1961 — a law that had been in operation for over six decades wit...
ACME signs ₹20,000 crore green ammonia deal with SECI for 10 years
ACME Cleantech Solutions has signed a ₹20,000 crore Green Ammonia Purchase Agreement (GAPA) with the Solar Energy Corporation of India (SECI) for a 10-year t...
West Asia conflict could shave off 1% point from India's FY27 GDP growth projections: EY
EY's Economy Watch report has warned that if the West Asia conflict persists through FY27, India's real GDP growth could erode by approximately 1 percentage ...
Sanand stands as a ‘bridge’ to Silicon Valley: PM on Gujarat town’s rise in semiconductor ecosystem
Prime Minister Narendra Modi inaugurated the semiconductor assembly and test facility of Kaynes Semicon at Sanand GIDC, Gujarat, describing Sanand as a "brid...
Indian refiners face prospect of margin squeeze as govt reinstates export duties
The government cut excise duty on petrol and diesel by ₹10 per litre while simultaneously reimposing export duties on diesel (₹21.50/litre) and aviation turb...
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
From April 1, 2026, India's six-decade-old Income Tax Act, 1961 is replaced by the Income-tax Act, 2025, representing the most comprehensive overhaul of Indi...
US tariffs drag India apparel export growth to modest 1.5%: ICRA
India's apparel exports recorded only modest growth of ~1.5% in the recent period, constrained significantly by high US tariffs imposed under the Trump admin...
10 foreign ships with energy cargo for India stranded in Persian Gulf
At least 10 foreign-flagged ships carrying energy supplies destined for India remain stranded in the Persian Gulf as Iran's de facto blockade of the Strait o...
India’s 1st Iranian oil cargo since 2019 headed to Gujarat coast
India's first Iranian crude oil cargo since May 2019 is heading to a Gujarat port, based on ship-tracking data, with Reliance Industries reportedly purchasin...
‘India reliable supplier globally’: PM Modi inaugurates Rs 3,300 crore semiconductor plant in Gujarat
Prime Minister Narendra Modi inaugurated the ₹3,300 crore semiconductor assembly and testing facility of Kaynes Semicon at Sanand GIDC, Ahmedabad district, G...
Govt notifies Finance Act 2026 that changes tax provisions from April 1
The government has officially notified the Finance Act 2026, giving legal force to the tax proposals announced in the Union Budget 2026-27, with changes effe...