Economics
Trade, fiscal policy, banking, agriculture and economic indicators
GST collection exceeds ₹2 lakh crore in March
Gross GST collection in March 2026 crossed ₹2 lakh crore — up from ₹1.83 lakh crore in March 2025, a year-on-year growth of approximately 9%. However, the gr...
Billion-plus people, three million officials, 33 questions - India begins huge census
India has launched the world's most ambitious enumeration exercise — Census 2027 — with approximately 3 million (30 lakh) officials beginning the first of tw...
Kuwait says Iran drone attack sets airport fuel tanks ablaze, no casualties
Iranian drones struck fuel storage tanks belonging to Kuwait Aviation Fuelling Company (KAFCO) at Kuwait International Airport on April 1, 2026, triggering a...
GST collections grow 8.8% to over ₹2 lakh crore in March
India's gross GST collections for March 2026 reached ₹2,00,064 crore — an 8.8% year-on-year increase over March 2025's ₹1,83,845 crore. The milestone marks t...
India accelerates e-bus drive amid fuel risks, new 3k unit tender by June
The Indian government is accelerating the rollout of electric buses under the PM-eBus Sewa scheme, with a new tender for approximately 3,000 additional e-bus...
U.S. report flags high import duties, non-tariff barriers in India
The United States Trade Representative (USTR) released its 2026 National Trade Estimate (NTE) Report on Foreign Trade Barriers, flagging India's high import ...
Fertiliser shock looms as Strait of Hormuz shipping disruption ripples through supply chains, warns UNCTAD
UNCTAD (United Nations Conference on Trade and Development) has issued an urgent warning that near-paralysis of Strait of Hormuz shipping — transits down ove...
Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’
With the Strait of Hormuz nearly paralysed — shipping transits down over 95% since Iran's IRGC began enforcing closure warnings following US-Israel strikes o...
Telangana Gig Workers Union welcome bill ensuring social security and dignity
The Telangana Assembly passed the Gig and Platform Workers (Registration, Social Security and Welfare) Bill, 2026 on March 30, 2026, making Telangana one of ...
West Asia conflict could shave off 1 percentage point from India's FY27 GDP growth projections: EY
EY India's Economy Watch report released in March 2026 estimates that if the West Asia conflict persists throughout FY2026–27, India's real GDP growth could ...
RoDTEP Scheme extended for six months
The Directorate General of Foreign Trade (DGFT) has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until September 30, 2026,...
RBI should access US Fed facility to stabilise rupee: ex-DG Patra
Former RBI Deputy Governor Michael Debabrata Patra proposed that the RBI should formally access the US Federal Reserve's swap facility as a structural tool t...
Unexpected surge: On India’s industrial growth
India's Index of Industrial Production (IIP) grew 5.2% year-on-year in February 2026, up from 4.8% in January 2026 and rebounding after the sharp deceleratio...
India can cater to 30 crore PNG connections with its domestic LNG production itself: PNGRB Secretary
The Secretary of the Petroleum and Natural Gas Regulatory Board (PNGRB) stated that India's domestic LNG (Liquefied Natural Gas) production is sufficient to ...
Russia offers fertiliser supplies to Global South amid Strait of Hormuz crisis
With the 2026 Strait of Hormuz crisis severely disrupting global fertiliser shipments, Russia has positioned itself as an alternative supplier to Global Sout...
New Income Tax Act 2025: Breaking down benefits for individuals
The Income Tax Act, 2025 — which replaces the 64-year-old Income Tax Act, 1961 — takes effect from April 1, 2026, introducing sweeping changes in how individ...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data shows
India exported approximately 7.45 million barrels of diesel to Southeast Asia in March 2026, the highest volume in seven and a half years, driven by tighteni...
In a fillip for e-commerce export, India eases norms for couriers
The Central Board of Indirect Taxes and Customs (CBIC) operationalised a set of comprehensive reforms for e-commerce exports and courier trade from April 1, ...
India warns against forced rules, flags WTO legitimacy risks at ministerial meet
At the World Trade Organisation's 14th Ministerial Conference (MC14) held in Yaoundé, Cameroon, Commerce and Industry Minister Piyush Goyal led India's deleg...
Missiles overhead, mines below: How an Indian LPG tanker survived the Hormuz blockade
The Indian-flagged LPG tanker Pine Gas, carrying 45,000 metric tons of LPG, was stranded for nearly three weeks after Iran began selectively blocking passage...