Economics
Trade, fiscal policy, banking, agriculture and economic indicators
‘Be prepared to face long-term impacts of West Asia war’: PM Modi in Parliament | Key points
PM Modi told the Lok Sabha on March 23, 2026, that the long-term impacts of the West Asia war would be felt for a prolonged period, calling for national prep...
Disruptions around Strait of Hormuz made shipping ‘very challenging’: Modi assures minimal impact on domestic supplies
India officially described shipping disruptions around the Strait of Hormuz as "very challenging," marking one of its strongest public statements on the 2026...
Iran war: Why India must step on the gas with ethanol
With the Iran war disrupting oil flows through the Strait of Hormuz, analysts and industry bodies are arguing that India must urgently accelerate its Ethanol...
One-third of India’s strategic petroleum reserves are empty: Why this matters for fuel security
The Ministry of Petroleum and Natural Gas informed the Rajya Sabha on March 23, 2026 that India's Strategic Petroleum Reserves (SPRs) are holding approximate...
Government restores RoDTEP benefits for exporters
The government issued a notification on March 23, 2026, restoring Remission of Duties and Taxes on Exported Products (RoDTEP) benefits to their full pre-Febr...
Key decisions taken in the SEBI Board Meeting dated 23rd March, 2026
The Securities and Exchange Board of India (SEBI) Board met on March 23, 2026, and approved a series of significant regulatory changes aimed at improving mar...
Govt restores full RoDTEP rates to support ailing exporters
The government fully restored RoDTEP (Remission of Duties and Taxes on Exported Products) rates, reversing the 50% rate cut that had been imposed on February...
Finance Minister introduces bill to amend Company Law, LLP Act amid protest by the Opposition
Finance Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026 in the Lok Sabha on March 23, 2026, amid protests by the Opposition....
India, Russia reaffirm $100 billion trade goal as West Asia simmers
External Affairs Minister S. Jaishankar and Russian Foreign Minister Sergei Lavrov held talks in Moscow, reaffirming India and Russia's commitment to achievi...
RBI steps back on forex intervention as war bites
A recent analysis of RBI data reveals that the central bank has strategically reduced its scale of foreign exchange intervention, shifting from aggressive ru...
India-Russia committed to increase trade to $100 billion: Jaishankar hails Special and Privileged Strategic Partnership
External Affairs Minister S. Jaishankar, during his meeting with Russian Foreign Minister Sergei Lavrov, reaffirmed India and Russia's commitment to raising ...
India eyes Venezuelan, Iranian crude as supply crunch looms amid West Asia crisis & Hormuz disruption
As the Strait of Hormuz disruption following the West Asia conflict (which began February 28, 2026) squeezes India's crude supply pipeline, India is pivoting...
As West Asia conflict intensifies, OMCs to push for more LPG storage facilities
As the West Asia conflict exposed India's acute vulnerability in LPG supply, the three state-owned Oil Marketing Companies (OMCs) — Indian Oil Corporation (I...
Ethanol producers urge government to increase blending
The All India Distillers Association (AIDA), the apex body representing India's ethanol, bio-energy, and potable alcohol producers, wrote to Union Minister f...
India ‘must prepare to face long-term impact’ of West Asia war, conditions will be difficult: Modi
Prime Minister Narendra Modi addressed the Lok Sabha on March 23, 2026, calling the West Asia war situation "worrisome" and warning that India "must be prepa...
India in talks with global partners for safe passage for vessels carrying essential commodities via Strait of Hormuz: PM
Prime Minister Narendra Modi, speaking in the Lok Sabha, stated that India is in active talks with global partners to ensure safe passage for vessels carryin...
Indian economy at risk if Gulf conflict continues: Moody's Analytics
Moody's Analytics released its Asia-Pacific Economy Outlook report, warning that a prolonged Gulf conflict could push India's GDP nearly 4% below expected le...
E-filing portal to facilitate compliance under both tax laws during transition: I-T Dept
The Income Tax Department issued a detailed FAQ clarifying how the transition from the Income Tax Act, 1961 to the new Income Tax Act, 2025, will be managed ...
'Situation worrisome': PM Modi clears India's stand on Iran war, flags impact of Hormuz disruption
Prime Minister Narendra Modi addressed the Lok Sabha to articulate India's stand on the West Asia conflict and its multifaceted impact on India. He described...
IBA pitches for up to 20pc CBG blending in CNG in Delhi to improve air quality
The Indian Biogas Association (IBA) has formally pitched to the Delhi government for up to 20% blending of Compressed Biogas (CBG) into Compressed Natural Ga...