Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Crude oil prices shoot above $103 per barrel as Iran war supply disruption continues; India’s petrol, diesel prices stable
Crude oil prices have surged above $103 per barrel — the first time in four years Brent has crossed the $100 threshold — as the US-Israel war on Iran (commen...
Centre writes to states to help expedite piped natural gas network expansion amid LPG supply squeeze
The Ministry of Petroleum and Natural Gas has written to state governments and Union Territories urging them to expedite approvals and remove procedural bott...
CEA warns $130 crude could cut India’s GDP growth by 1%
Chief Economic Adviser (CEA) V. Anantha Nageswaran appeared before the Parliamentary Standing Committee on Finance on March 2, 2026, and warned that if crude...
Watch: US-China summit delayed: Trump cites War, Hormuz tensions
President Donald Trump has sought to delay a planned summit with Chinese President Xi Jinping — originally scheduled for late March/early April — as the Unit...
WTO MC14: India opposes US bid for permanent ban on e-commerce duty
At the 14th WTO Ministerial Conference (MC14), being held in Yaoundé, Cameroon (March 26–29, 2026), India opposed the United States' bid for a permanent ban ...
West Asia conflict: Sharp drop in flight services to Dubai
Flight services to Dubai have fallen sharply as the UAE has repeatedly imposed temporary airspace closures in response to Iranian missile and drone strikes t...
India in talks with Iran for safe passage of 2.7 lt LPG via Strait of Hormuz
India is conducting diplomatic negotiations with Iran to secure safe passage for six LPG carriers idling in the Persian Gulf west of the Strait of Hormuz, co...
Hormuz disruption: CBIC allows BTT clearance for cargo loaded at one port, offloaded at another
The Central Board of Indirect Taxes and Customs (CBIC) issued an emergency circular allowing "Back to Town" (BTT) clearance for export cargo that was origina...
Parliamentary panel rebukes Ministry of Planning, Niti Aayog for poor financial management
The Standing Committee on Finance, headed by BJP MP Bhartruhari Mahtab, formally rebuked the Ministry of Planning and Niti Aayog for "amateur planning" — spe...
Use LPG judiciously, consider alternatives wherever possible—Govt amid supply crunch & shipping delays
The Union government has issued a public advisory urging households to "use LPG judiciously, consider alternatives wherever possible" as 22 Indian-flagged ve...
India aims for universal health insurance by 2033, says Finance Minister
Finance Minister Nirmala Sitharaman has reiterated that achieving universal health insurance coverage is a government priority, with a target year of 2033. I...
Create strategic energy mitigation framework to protect economy from oil shocks: Panel to FinMin
A Parliamentary Standing Committee on Finance tabled its report on Demands for Grants (2026-27) of the Ministry of Finance, recommending that the Department ...
Switching to electric power has saved Railways ₹6,000 crore: Vaishnaw in Lok Sabha
Railway Minister Ashwini Vaishnaw, responding to a debate on Demands for Grants for the Railway Ministry in Lok Sabha, stated that the switch from diesel to ...
CMFRI launches deep-sea expedition to study seamount fisheries in Arabian Sea
The Central Marine Fisheries Research Institute (CMFRI), under ICAR, has launched a two-year deep-sea research programme worth Rs 4.986 crore to explore fish...
Government Ensures Seamless Grid Integration for Renewable Energy Through Strong ISTS Framework
The Ministry of Power affirmed that the Inter-State Transmission System (ISTS) framework, governed by the Central Electricity Regulatory Commission (CERC) un...
U.S. does ‘not need’ help from allies on Iran, says Donald Trump
US President Donald Trump declared that the United States does "not need" the help of allies to manage the Iran conflict, even as he simultaneously pressured...
LPG consumption slumps 17% in March on war-related shortages
LPG consumption in India fell to 1.147 million tonnes in the first fortnight of March 2026 — a 17.3% decline from the 1.387 million tonnes consumed in the sa...
Health insurance priority for government, to cover all by 2033: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman stated that health insurance is a government priority and that India aims to achieve universal health insurance coverage ...
Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient
A Parliamentary Standing Committee has urged an immediate review of the minimum monthly pension under the Employees' Pension Scheme (EPS), 1995, calling the ...
Govt gets Parliament nod for Rs 2.01 lakh crore additional spending in FY26
Parliament gave its approval for ₹2.01 lakh crore in additional net expenditure for Financial Year 2025–26 when the Rajya Sabha returned the Appropriation Bi...