Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Asia war impact: India’s private sector posts weakest growth in 3.5 years in March
The West Asia war's economic ripple effects deepened in March 2026, with India's private sector activity falling to its weakest pace in over three years acco...
Govt measures have helped mitigate LPG crisis, says Vaishnaw; oil ministry says large number of LPG cargoes lined up
Two India-flagged Very Large Gas Carriers (VLGCs), Jag Vasant and Pine Gas, transited the Strait of Hormuz on March 23, 2026, carrying approximately 92,612 m...
No permission, payment needed for vessels to cross Strait of Hormuz; movements based on safety assessments, says Govt
Prime Minister Narendra Modi and US President Donald Trump spoke on March 24, 2026 — the first call between the two leaders since the US-Israel military stri...
West Asia conflict: PM Modi says India has adequate crude storage and arrangements for supplies despite ‘serious crisis’
Prime Minister Narendra Modi addressed both houses of Parliament on March 24, 2026, providing the government's assessment of the West Asia conflict's impact ...
Strait of Hormuz blockade: MHA directs states to guard LPG lifeline amid West Asia fuel fears
Two India-flagged Very Large Gas Carriers (VLGCs), Jag Vasant and Pine Gas, transited the Strait of Hormuz on March 23, 2026, carrying approximately 92,612 m...
Trump dials Modi, both discuss keeping Strait of Hormuz open
US President Donald Trump called Prime Minister Narendra Modi on March 24, 2026 — their first direct conversation since the US-Israel military strike on Iran...
Explained: Difference between LPG and LNG, and why West Asia war affected LPG supply more
The West Asia conflict and Strait of Hormuz disruption triggered India's worst LPG shortage in decades, prompting widespread questions about why LPG was hit ...
Trump, Modi discuss Strait of Hormuz, West Asia situation
US President Donald Trump called Prime Minister Narendra Modi on March 24, 2026, in the first such call since the outbreak of the US-Iran war — to discuss th...
Goldman Sachs slashes India’s growth forecast for CY26 by 60 bps to 5.9%
Goldman Sachs slashed India's GDP growth forecast for calendar year 2026 (CY26) by 60 basis points to 5.9%, marking the second downward revision within a mon...
Govt plans to redirect 90 lakh tonne FCI broken rice to ethanol industry from next year: Food Sec
Food Secretary Sanjeev Chopra announced that the government plans to redirect approximately 90 lakh tonnes (9 million tonnes) of broken rice currently held b...
Two Indian LPG tankers exit Hormuz choke point, 20 vessels remain stuck
Two India-flagged Very Large Gas Carriers (VLGCs), Jag Vasant and Pine Gas, transited the Strait of Hormuz on March 23, 2026, carrying approximately 92,612 m...
China rejects 3 Indian rice shipments, alleging presence of GMOs
China has rejected three consignments of Indian rice, alleging the presence of genetically modified organisms (GMOs), in a development that raises concerns a...
US paper questions core WTO principles ahead of Ministerial Conference
The United States Trade Representative (USTR) released a report questioning foundational WTO principles — specifically the Most-Favoured-Nation (MFN) princip...
Nitin Gadkari launches NHAI-backed Raajmarg Infra Investment Trust
Union Minister Nitin Gadkari launched the NHAI-backed Raajmarg Infra Investment Trust (Raajmarg InvIT or RIIT) on the Bombay Stock Exchange (BSE) on March 24...
Unincorporated sector units grew by 8% in 2025
The Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2025 shows that the number of unincorporated sector enterprises grew by nearly 8% to approxima...
India sets up seven empowered groups to tackle West Asia war squeeze
Prime Minister Narendra Modi informed the Rajya Sabha on March 24, 2026 that the government has constituted seven empowered groups of senior officials to for...
Government extends validity of TRQ license for gold imports under trade pact with UAE
The government has extended the validity of Tariff Rate Quota (TRQ) licenses for gold imports under the India-UAE Comprehensive Economic Partnership Agreemen...
Trump dials Modi amid talks with Iran. Importance of keeping Hormuz open discussed
Prime Minister Narendra Modi and US President Donald Trump spoke on March 24, 2026 — the first call between the two leaders since the US-Israel military stri...
Modi, Trump speak for first time since Iran war, discuss importance of keeping Strait of Hormuz open
Prime Minister Narendra Modi and US President Donald Trump spoke on March 24, 2026 — the first call between the two leaders since the US-Israel military stri...
US trade deal to increase agricultural exports in India’s areas of strength: Jitin Prasada
Minister of State for Commerce Jitin Prasada, speaking in the context of the India-US interim trade deal framework announced in February 2026, stated that th...