Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Asia crisis: Govt launches Rs 497-cr scheme to give relief to affected exporters
The Government of India launched the Resilience and Logistics Intervention for Export Facilitation (RELIEF) scheme with a financial outlay of Rs 497 crore to...
India to extend Myanmar pulse deal for 5 years to secure ‘dal’ supplies amid global supply chain shocks
India is set to extend its bilateral pulse import deal with Myanmar for an additional five years, securing guaranteed supplies of pigeon peas (tur/arhar dal)...
Iran war: Why Ras Laffan and South Pars attacks compound India’s worries
Israel struck Iran's South Pars gas field — the world's largest natural gas reserve — in a major military escalation in the Iran-Israel conflict. Iran retali...
DME Technology: How fuel developed in India may help reduce LPG dependence
The West Asia crisis has revived attention on Dimethyl Ether (DME) — an indigenous alternative cooking fuel developed by CSIR-National Chemical Laboratory (C...
Attacks on Qatar’s LNG facilities could impact India but we have diversified sources as well: Officials
Iranian forces struck Qatar's Ras Laffan Industrial City — the world's largest LNG export complex — as part of retaliatory strikes following Operation Epic F...
Jammu & Kashmir scales up e‑NAM trade with InterState shipments
Jammu and Kashmir significantly expanded its participation in the National Agriculture Market (e-NAM) platform, recording a rise in interstate shipments of a...
Ahmedabad, Surat, Hyderabad ready to roll out e-buses under PM E-DRIVE, with a budget allocation of ₹4,391 crore
The cities of Ahmedabad, Surat, and Hyderabad moved to operational readiness for electric bus deployment under the PM E-DRIVE (Electric Drive Revolution in I...
India hopes to implement FTA with UK by May 1, EU by November-end
A senior Indian government official confirmed that India aims to implement the India-UK Free Trade Agreement by May 1, 2026, and have the India-EU FTA ratifi...
West Asia troubles to delay India’s FTA talks with GCC countries and Israel
The ongoing Iran-Israel conflict has directly disrupted India's trade negotiation calendar with both the Gulf Cooperation Council (GCC) and Israel, senior go...
RELIEF scheme to help exporters mitigate losses from logistics disruptions due to West Asia crisis
The Government of India unveiled the RELIEF scheme — Resilience and Logistics Intervention for Export promotion — a ₹497 crore insurance and logistics suppor...
LPG supply a ‘matter of concern’, says India as Israel & Iran strike West Asia gas fields
India's Ministry of External Affairs spokesperson Randhir Jaiswal formally described the LPG supply situation as a "matter of concern" — a deliberate shift f...
Government announces ₹497 crore RELIEF scheme for exporters impacted by West Asian crisis
The government launched the ₹497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme under the Export Promotion Mission to su...
India’s power capacity to double to 1,121 GW by 2035-36 as solar leads energy transition: CEA’s 20th Electric Power Survey Midterm Review
The Central Electricity Authority (CEA) released the Midterm Review of the 20th Electric Power Survey on March 19, 2026, projecting India's installed power g...
World trade in goods may slow to 1.4-1.9% due to West Asia crisis: WTO report
The World Trade Organization released a report projecting global merchandise trade growth will slow sharply to 1.9% in 2026 — down from 4.6% in 2025 — primar...
India holds ground on key WTO issues ahead of MC14, but stance is flexible: Sources
India is holding firm on its core positions ahead of the 14th WTO Ministerial Conference (MC14), scheduled for March 26–29, 2026, in Yaounde, Cameroon India ...
India exploring power grid links with Sri Lanka to boost cross-border energy trade: Power Minister Khattar
Power Minister Manohar Lal Khattar, during discussions with Sri Lankan counterparts on March 19, 2026, announced that India is actively exploring power grid ...
Taiwan rejects China's energy security 'reunification' offer amid West Asian war
China made a formal offer to Taiwan linking energy security guarantees to political reunification — proposing stable LNG supply under "peaceful reunification...
India faces 'triple threat' amid West Asia crisis, high energy costs, falling remittances, reverse migration: Report
A report by ASK Wealth Advisors has warned that India faces a "triple threat" from the ongoing West Asia conflict: soaring energy costs, declining remittance...
RBI assessing how Russian entities can use rupee funds in Indian markets
The Reserve Bank of India is in active assessment mode regarding how Russian entities — businesses, state companies, and banks — can productively deploy the ...
Hapag Lloyd incurring $50 million in extra costs per week, 25,000 shipments impacted due to West Asia war, says CEO
Hapag-Lloyd, the world's fifth-largest container shipping company, disclosed it is incurring approximately $50 million in extra costs per week due to West As...