Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Israel-Iran war: India’s economy shows early strain; CEA warns of 'significant' hit to growth, inflation, balances in March review
Chief Economic Advisor V Anantha Nageswaran's March review has flagged that the Israel-Iran war poses a "significant" combined risk to India's growth, inflat...
Aligning MSP with the real cost of farming: Lessons from Maharashtra
A policy analysis piece highlights the gap between the Minimum Support Price (MSP) announced by the government and the actual comprehensive cost of cultivati...
Bio-isobutanol : India’s answer to energy security for diesel economy
India is actively exploring bio-isobutanol as an alternative blending agent for diesel — filling the critical gap left by ethanol, which cannot be blended wi...
Two ships with petroleum products for India crossing Strait of Hormuz, more expected to follow: Sources
Two India-flagged merchant vessels carrying petroleum products for India are crossing the Strait of Hormuz, with more expected to follow, according to Indian...
India signals openness to extending tariff-free deal on e-commerce, two diplomats say
At MC14 in Yaoundé, Cameroon (March 26–29, 2026), Indian diplomats privately signalled openness to extending the WTO moratorium on customs duties on electron...
Government revises PM e-DRIVE scheme, sets new deadlines for e-scooters, e-rickshaws
The Ministry of Heavy Industries officially revised the PM e-DRIVE scheme, setting differentiated deadlines for EV incentive eligibility: electric two-wheele...
PM E-DRIVE extends EV incentives for two-wheelers till July 2026; e-rickshaws gain till 2028
The Ministry of Heavy Industries revised guidelines under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM e-DRIVE) scheme, extending t...
India relaxes rules for some state-run firms to procure critical equipment from China
The Government of India issued an order on March 27, 2026, allowing select state-run companies to procure critical equipment from Chinese suppliers, partiall...
WTO is relevant, necessary guardrails must in place before plurilaterals’ inclusion: India
At the 14th WTO Ministerial Conference (MC14) held in Yaoundé, Cameroon (March 26–29, 2026), India articulated its position that plurilateral agreements can ...
Rajya Sabha clears Finance Bill 2026 | Excise duty cut to not burden citizens, says FM; poll move: Opposition
The Rajya Sabha cleared the Finance Bill 2026, completing Parliament's approval of the Union Budget's legislative framework ahead of the new financial year (...
Prolonged disruption in West Asia to have global credit implications: Moody’s
Moody's has warned that a prolonged disruption in West Asia — particularly to navigation through the Strait of Hormuz — would trigger sustained global credit...
5 India-bound LPG ships stay anchored near Hormuz Strait
Five large LPG tankers carrying a combined cargo of over 1.7 lakh tonnes (approximately 230,000 metric tonnes) of liquefied petroleum gas remained anchored n...
PM calls for ‘Team India’ effort in meet with CMs over West Asia crisis
Prime Minister Narendra Modi chaired a virtual meeting with Chief Ministers and Lieutenant Governors of states and Union Territories to review India's prepar...
UN Creates Task Force Aimed at Addressing Hormuz Closure
The United Nations has established a dedicated task force to address the humanitarian consequences arising from the effective closure of the Strait of Hormuz...
Trade deal with India not far-off, but there are still gaps: U.S. official
A senior US official stated that an India-US bilateral trade agreement is "not far off" but acknowledged that significant gaps remain in the negotiations. A ...
Stronger trade corridors and supply chains needed, says Jaishankar
External Affairs Minister S. Jaishankar, addressing the G7 Foreign Ministers' Meeting in Paris, argued that the uncertainties created by the West Asia confli...
Centre to borrow ₹8.2 trillion in FY27 first half; no impact of Iran war — yet
The Finance Ministry announced that the central government will borrow Rs 8.20 trillion (Rs 8.20 lakh crore) in the first half of FY27 (April–September 2026)...
Courier export value limit to be scrapped
The Directorate General of Foreign Trade (DGFT) has removed the per-consignment value cap on exports made through courier services, effective April 1, 2026 T...
Press Note 3 of 2020 amendment provides for beneficial ownership definition: Govt to Parliament
The government informed Parliament that the 2026 amendment to Press Note 3 (PN3) of 2020 formally defines "beneficial ownership" for FDI purposes for the fir...
India may face credit stress if Gulf conflict drags on: Moody's
Moody's Ratings identified India as "highly vulnerable" to a prolonged closure of the Strait of Hormuz, warning of rising credit stress for India and other A...