Economics

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27 Indian-flagged ships remain stranded in Persian Gulf, one starts moving: Government official

At least 27 Indian-flagged ships remained stranded in the Persian Gulf following the closure of the Strait of Hormuz after the outbreak of the US-Israel war ...

GS Paper 2 (IR Governance) GS Paper 3 (Economy Infrastructure Internal Security) International Relations Economics 5m

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War upends life as LPG crisis hits not only eateries & hostels but also temples

The ongoing US-Israel war on Iran (Operation Epic Fury, launched February 28, 2026) triggered a closure of the Strait of Hormuz by Iran, causing a severe LPG...

GS Paper 3 (Energy Security Infrastructure); GS Paper 2 (International Relations) Economics International Relations 4m

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Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand

Fitch Ratings, in its Global Economic Outlook for March 2026, revised upward India's GDP growth forecast for FY2025-26 to 7.5%, from the 7.4% projected in De...

GS Paper 3 (Indian Economy Growth and Development) Economics 4m

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Forex reserves decline by $12 billion as volatility hits asset valuations

India's foreign exchange reserves fell by approximately $11.68 billion in the week ended March 6, 2026, driven by the RBI's active intervention in the foreig...

GS Paper 3 (Indian Economy Monetary Policy) Economics 4m

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India protects key sectors under 'powerful' US trade deal, says Piyush Goyal

Commerce Minister Piyush Goyal stated that India has fully protected agriculture, dairy, sugar, and sensitive manufacturing sectors under the interim India-U...

GS2 (International Relations Bilateral Agreements) GS3 (Indian Economy Agriculture External Sector Trade Policy) International Relations Economics 5m

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'Hospital-insurance nexus; Rs 26K cr claims were rejected in 2024': MP Swati Maliwal claims in RS

Rajya Sabha MP Swati Maliwal raised concerns in the Upper House about a "hospital-insurance nexus," alleging that health insurance claims worth approximately...

GS Paper 2 (Health Policy Social Sector) GS Paper 3 (Insurance Regulation) Polity & Governance Social Issues Economics 4m

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War risk insurance costs spiral upwards as West Asia conflict escalates

As the West Asia conflict escalated and the Strait of Hormuz was effectively blocked, war risk insurance premiums for commercial shipping spiked sharply, com...

GS Paper 2 (IR) GS Paper 3 (Economy Infrastructure) Economics International Relations 4m

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Iran war: As oil prices soar, why US is considering pausing a century-old maritime rule

With Brent crude above $100 per barrel, the US was reportedly considering invoking the Defense Production Act and pausing the Jones Act — a century-old marit...

GS2 (IR) GS3 (Energy Policy Maritime Law) International Relations Economics 5m

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Russia is not fighting West Asia war, but is its real winner — thanks to crude windfall

As the West Asia conflict escalated — disrupting Persian Gulf oil shipments and triggering volatility in global crude prices — Russia emerged as an unexpecte...

GS Paper 2 (IR) GS Paper 3 (Economy Energy Security) International Relations Economics 4m

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Graphs, Data and Perspectives: How costly will the US-Iran war be?

Following the outbreak of direct US-Israel military action against Iran in late February 2026, economists and policy analysts began modelling the macroeconom...

GS Paper 2 (IR) GS Paper 3 (Economy Energy Security) Economics International Relations 4m

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Maharashtra to use AI to boost freshwater fisheries output; ₹1,024-crore scheme launched

Maharashtra has launched the Chief Minister Matsyasampada Yojana — a ₹1,024-crore scheme covering 28 initiatives (6 at state level, 19 at district level) to ...

GS Paper 2 (Government Schemes Federalism) GS Paper 3 (Agriculture Technology in Economy) Science & Technology Economics Polity & Governance 4m

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Noida airport expects to handle four million passengers in CY 2026

The Noida International Airport at Jewar (Gautam Buddha Nagar, Uttar Pradesh) set a target of handling four million passengers in Calendar Year 2025. The air...

GS Paper 3 (Infrastructure Government Policies); GS Paper 1 (Urbanisation) Polity & Governance Economics 4m

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₹1 lakh crore Economic Stabilisation Fund to create fiscal buffer against global shocks, says FM Sitharaman

Finance Minister Nirmala Sitharaman announced the creation of a ₹1 lakh crore Economic Stabilisation Fund (ESF) to serve as a fiscal buffer against global ec...

GS3 (Indian Economy Fiscal Policy Government Budgeting) Economics Polity & Governance 5m

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Rupee depreciates to ₹92.3 against the dollar on crude oil spikes

The Indian rupee depreciated sharply to ₹92.3 against the US dollar, driven by a surge in global crude oil prices. Brent crude breaching $90 per barrel trigg...

GS Paper 3 (Indian Economy Monetary Policy) Economics 4m

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K.V. Ramana Murthy to be new Whole Time Member of SEBI

The Appointments Committee of the Cabinet approved the appointment of K.V. Ramana Murty as a Whole Time Member (WTM) of the Securities and Exchange Board of ...

GS Paper 2 (Governance Statutory Bodies); GS Paper 3 (Capital Markets) Economics Polity & Governance 4m

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US opens forced-labour trade probe into India, others under Section 301

The United States Trade Representative (USTR) launched Section 301 investigations against 60 economies, including India, in March 2026, targeting each countr...

GS2 (International Relations) GS3 (Trade Policy) International Relations Economics 5m

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28 Indian vessels with LNG, LPG and crude stranded near Hormuz

The Shipping Ministry and Directorate General of Shipping (DGS) confirmed that 28 Indian-flagged vessels carrying liquefied natural gas (LNG), liquefied petr...

GS2 (India's Foreign Policy Maritime Security) GS3 (Energy Security Infrastructure) International Relations Economics Internal Security 5m

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IndiGo, Air India seek government support during Iran crisis, sources say

Indian carriers IndiGo and Air India approached the Indian government seeking financial relief — specifically tax concessions and policy support — as the Ira...

GS3 (Economy Aviation Sector Infrastructure) Economics Polity & Governance 5m

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Dairy sector a safety net for farmers, says Nabard chairman

The Chairman of NABARD (National Bank for Agriculture and Rural Development) emphasised that the dairy sector serves as a critical safety net for India's far...

GS2 (Social Justice) GS3 (Agriculture Animal Husbandry Rural Economy) Economics Agriculture & Food Security 5m

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Farmers’ organisations seek urgent support amid global market instability

Farmers' organisations in India sought urgent government intervention amid escalating disruptions in global agricultural markets, including volatile commodit...

GS2 (International Relations WTO) GS3 (Agriculture Food Security) Economics Agriculture & Food Security 5m