Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Economists divided over impact of excise revision on States
The central government revised fuel excise duties on March 26, 2026, cutting the Special Additional Excise Duty (SAED) on petrol by ₹10/litre (to ₹3/litre) a...
Sri Lankan President thanks India for sending 38,000MT fuel amid West Asia crisis
Sri Lanka's President publicly thanked India for supplying 38,000 metric tonnes of fuel — comprising 20,000 MT of diesel and 18,000 MT of petrol — delivered ...
Sustained rise in crude oil prices may hit remittances, stoke inflation: Finmin report
The Finance Ministry's Monthly Economic Review warned that a sustained rise in crude oil prices could moderate India's remittance inflows, given that GCC (Gu...
IBC reforms: Government moves to fix insolvency delays
The Union Cabinet approved a comprehensive set of amendments to the Insolvency and Bankruptcy Code (IBC), 2016, accepting all recommendations of the Parliame...
Govt eases kerosene rules for quick household distribution amid LPG supply crunch due to West Asia war
The central government relaxed petroleum safety and licensing rules to enable faster kerosene distribution to households across 21 states and Union Territori...
WTO’s fisheries pact: India for 25 year transition period, stronger disciplines on distant-water industrial fishing
At the 14th WTO Ministerial Conference (MC14) in Yaounde, Cameroon (March 26–29, 2026), fisheries subsidies were one of the key agenda items, building on the...
Despite assurance from Centre, MGNREGS workers denied work
Thousands of rural workers across states including Bihar and Rajasthan have been denied work under MGNREGS, with some district officials informally claiming ...
Finance Ministry flags rising external risks as trade deficit and CAD expand
The Finance Ministry's Monthly Economic Review flagged a sharp widening of India's merchandise trade deficit, which expanded to USD 27.1 billion in February ...
Report highlights steps taken to mitigate risks posed by offshore Virtual Asset Service Providers
A report highlighted India's multi-pronged approach to mitigating risks posed by offshore Virtual Asset Service Providers (oVASPs) — cryptocurrency exchanges...
West Asia conflict may take pace off India's growth; CEA Nageswaran flags impact on inflation, fiscal deficit
Chief Economic Adviser V Anantha Nageswaran, in the government's monthly economic review for March 2026, warned that the ongoing West Asia conflict poses a r...
India sends 38,000 MT petroleum to Sri Lanka amid global energy crisis
India dispatched an emergency shipment of 38,000 metric tonnes (MT) of petroleum products to Sri Lanka — comprising approximately 20,000 MT of diesel and 18,...
Govt ramps up measures to ensure fuel, LPG supplies amid Hormuz disruption
The Central Government announced a comprehensive set of measures to secure fuel and cooking gas supplies for India following the closure of the Strait of Hor...
WTO members try to close gap between US, India on e-commerce tariff moratorium
At WTO MC14 in Yaounde, several member countries attempted to act as mediators between the United States and India to resolve the impasse on extending the e-...
India proposes “new approaches” for farm talks at WTO consistent with Doha mandate
At the Fourteenth WTO Ministerial Conference (MC14) in Yaoundé, Cameroon, India called for a permanent solution on Public Stockholding (PSH) for food securit...
WTO MC: Members intensify talks on e-commerce duty moratorium extension at Yaounde
On the final day of the 14th WTO Ministerial Conference (MC14) in Yaounde, Cameroon, member countries intensified efforts to bridge differences over the e-co...
Piyush Goyal meets UK, EU, NZ, Canada trade ministers at WTO MC14 sidelines
Commerce and Industry Minister Piyush Goyal held a series of bilateral meetings with trade ministers from the UK, EU, New Zealand, and Canada on the sideline...
Commerce Minister Piyush Goyal to visit Canada in May for trade talks
Commerce and Industry Minister Piyush Goyal confirmed he will lead a major Indian business delegation to Canada in May 2026 for trade talks, following a meet...
WTO talks near deal on reform roadmap amid US-India e-commerce deadlock
At the Fourteenth WTO Ministerial Conference (MC14) in Yaoundé, Cameroon, trade ministers were close to agreeing on a reform roadmap for the World Trade Orga...
Rules finalised, rollout of all 4 labour codes likely in April
Final rules for all four labour codes have been notified and full implementation is expected from April 1, 2026, marking a historic consolidation of India's ...
Israel-Iran war: Remittances, rupee at risk; fiscal strain may rise, warns SBI Funds Management report
An SBI Funds Management report warned that the West Asia conflict poses multi-dimensional risks to India's external sector and public finances, affecting rem...