Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Sanand stands as a ‘bridge’ to Silicon Valley: PM on Gujarat town’s rise in semiconductor ecosystem
Prime Minister Narendra Modi inaugurated the semiconductor assembly and test facility of Kaynes Semicon at Sanand GIDC, Gujarat, describing Sanand as a "brid...
Indian refiners face prospect of margin squeeze as govt reinstates export duties
The government cut excise duty on petrol and diesel by ₹10 per litre while simultaneously reimposing export duties on diesel (₹21.50/litre) and aviation turb...
New I-T law, higher securities transaction tax on F&O trade to kick in from April 1
From April 1, 2026, India's six-decade-old Income Tax Act, 1961 is replaced by the Income-tax Act, 2025, representing the most comprehensive overhaul of Indi...
US tariffs drag India apparel export growth to modest 1.5%: ICRA
India's apparel exports recorded only modest growth of ~1.5% in the recent period, constrained significantly by high US tariffs imposed under the Trump admin...
10 foreign ships with energy cargo for India stranded in Persian Gulf
At least 10 foreign-flagged ships carrying energy supplies destined for India remain stranded in the Persian Gulf as Iran's de facto blockade of the Strait o...
India’s 1st Iranian oil cargo since 2019 headed to Gujarat coast
India's first Iranian crude oil cargo since May 2019 is heading to a Gujarat port, based on ship-tracking data, with Reliance Industries reportedly purchasin...
‘India reliable supplier globally’: PM Modi inaugurates Rs 3,300 crore semiconductor plant in Gujarat
Prime Minister Narendra Modi inaugurated the ₹3,300 crore semiconductor assembly and testing facility of Kaynes Semicon at Sanand GIDC, Ahmedabad district, G...
Govt notifies Finance Act 2026 that changes tax provisions from April 1
The government has officially notified the Finance Act 2026, giving legal force to the tax proposals announced in the Union Budget 2026-27, with changes effe...
Congress waiting like 'political vulture' to exploit West Asia war: PM Modi
Prime Minister Narendra Modi inaugurated the Kaynes Semicon semiconductor facility at Sanand GIDC, Ahmedabad (Gujarat) on March 31, 2026 — India's second ope...
Iran war shock: Middle East conflict could cut 1 ppt from India’s FY27 GDP outlook
A persistent Middle East conflict — triggered by the US-Israel war on Iran that began February 28, 2026 — could reduce India's real GDP growth for FY2026-27 ...
Trade Relief Measures for Exporters
The Reserve Bank of India issued "The Reserve Bank of India (Trade Relief Measures) Directions, 2026" (Press Release 2025-2026/2362, March 31, 2026), formall...
Reserve Bank of India (Trade Relief Measures) Directions, 2026
The Reserve Bank of India (RBI) on March 31, 2026, issued the RBI (Trade Relief Measures) Directions, 2026 (Reference: RBI/2025-26/263, DOR.STR.REC.No.455/21...
10 India-bound ships carrying energy cargo stuck in Persian Gulf
At least 10 India-bound ships carrying energy cargo — crude oil, LPG, and LNG — are stranded in the Persian Gulf, unable to transit the Strait of Hormuz due ...
As the US talks of seizing Kharg, 3 problems and an ominous precedent
US President Trump publicly mused about seizing Kharg Island, Iran's main oil export terminal in the Persian Gulf, as a way to pressure Tehran and gain lever...
Iran-Israel war LIVE updates: Iran executes two more convicted of links to banned opposition; power outage in parts of Tehran
The US-Israel conflict with Iran (Operation Epic Fury, launched February 28, 2026) has entered its second month with the Strait of Hormuz remaining largely c...
Amid rising geopolitical tensions and trade restrictions, AI emerges as key driver of global trade growth: McKinsey
A McKinsey Global Institute report titled "Geopolitics and the Geometry of Global Trade: 2026 Update" found that AI hardware shipments — chips, servers, and ...
Kuwait says oil tanker hit in Iranian attack at Dubai port; crew safe
On March 31, 2026, an Iranian drone struck the Kuwait-flagged Very Large Crude Carrier (VLCC) Al Salmi while it was anchored approximately 31 nautical miles ...
Donald Trump willing to end war without reopening Strait of Hormuz, says Wall Street Journal
According to a Wall Street Journal report, US President Donald Trump told senior aides he is willing to wind down military operations against Iran even if th...
Centre approves pulses, oilseed procurement in UP, Haryana and Karnataka
The Union Agriculture Minister approved the Price Support Scheme (PSS) proposal for safflower procurement for the Rabi 2025-26 season in select states The ap...
Piyush Goyal discusses early implementation of India-EU FTA with European Parliament delegation
Commerce Minister Piyush Goyal met a European Parliament delegation led by Angelika Niebler to discuss pathways for the early implementation of the India-EU ...