Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Reports of Iran allowing Indian ships through Strait of Hormuz ‘premature’: Centre
The Ministry of External Affairs (MEA) cautioned that media reports suggesting Iran had agreed to allow Indian ships through the Strait of Hormuz were "prema...
West Asia conflict: Saudi oil tanker reaches Mumbai after crossing Strait of Hormuz
A Liberia-flagged oil tanker, Shenlong, managed by Dynacom and carrying approximately one million barrels of crude oil, sailed from Ras Tanura port in Saudi ...
Lacking long-term storage, India must rely on imports to manage LPG supply
In 2024–25, India's domestic LPG production stood at approximately 13 million tonnes while consumption was around 31 million tonnes — a gap of 18 million ton...
No shortage of fuel in country, says government
The Union Minister for Petroleum and Natural Gas stated in Parliament that India faces no shortage of petrol, diesel, kerosene, aviation turbine fuel (ATF), ...
India calls for increased use of kerosene, coal, biomass amid gas supply squeeze
The Central Government increased kerosene allocation to states by 48,000 kilolitres per quarter to support low-income households hit by the LPG supply squeez...
Parliament Watch: Faster rooftop solar rollout, stress test for I-T portal, faster smart meters
A Parliamentary Standing Committee report on the Ministry of New and Renewable Energy's 2026-27 demands for grants flagged slow progress in the PM Surya Ghar...
India, Chile agree to boost cooperation in trade, investment, mineral exploration, space
Minister of State for External Affairs Kirti Vardhan Singh visited Chile from 10–12 March 2026, representing India at the inauguration of new Chilean Preside...
Retail inflation climbs to 3.21% in February
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 3.21% in February 2026, up from 2.74% in January 2026 — the fastest pace in 11 ...
Inflation rose to 3.21% in February, but US-Israel-Iran war impact yet to be felt
India's retail inflation (CPI-based) rose to 3.21% in February 2026 from 2.74% in January, as measured under the newly introduced CPI series with base year 2...
Two oil tankers arrive in India after transiting Strait of Hormuz, ignite hopes of more energy shipments in coming days
Two oil tankers successfully transited the war-hit Strait of Hormuz and arrived at Indian ports, kindling hopes that energy shipments through the world's mos...
Parliamentary panel sounds alarm as urban development budget hits five-year low
The Parliamentary Standing Committee on Housing and Urban Affairs, chaired by Magunta Sreenivasulu Reddy (TDP), presented a report in Lok Sabha on March 12, ...
Delhi in talks with Tehran to let India-bound fuel ships pass
The Government of India is in active talks with Iran to secure safe passage for India-bound fuel tankers through the Strait of Hormuz Over 20 tankers carryin...
Rupee, inflation, growth: How global energy shock threatens India’s Goldilocks era
The West Asia conflict-driven energy shock is creating a multi-channel threat to India's macroeconomic stability: the rupee has depreciated to an all-time lo...
Centre approves MSP procurement of ₹894 crore worth of pulses and oilseeds from Telangana farmers
Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan approved procurement of 1,25,855 metric tonnes of crops at Minimum Support Price (MSP) ...
War risk surcharges hit exporters as Gulf freight rates surge
Indian exporters, particularly of agricultural commodities, have been severely hit by war-risk surcharges of USD 1,500–4,000 per container levied by global s...
'The situation is dire': War on Iran squeezes India's cooking-gas supplies
The US-Israeli military strikes on Iran (Operation Epic Fury, launched February 28, 2026) have severely disrupted India's Liquefied Petroleum Gas (LPG) suppl...
India reviewing requests from Bangladesh, Sri Lanka, Maldives for diesel, petroleum supplies: Ministry
India's Ministry of External Affairs confirmed that India had received requests from Bangladesh, Sri Lanka, and the Maldives for emergency supplies of diesel...
Floundering PM Internship Scheme used less than 1% of Rs 10,831 crore set aside for it in FY25-26
The Prime Minister's Internship Scheme (PMIS), which received a massive ₹10,831 crore allocation in Union Budget 2025-26 (up from ₹380 crore in 2024-25), has...
Hospitality sector to get 20% of average monthly Commercial LPG requirement
The Union Minister for Petroleum and Natural Gas announced in Parliament that 20% of the average monthly commercial LPG requirement will be allocated to the ...
Oil tops $100 as conflict disrupts supply; IEA announces record release; India moves to stabilise LPG supply
Global crude oil prices crossed $100 per barrel for the first time since 2022, with Brent crude reaching approximately $100.50 and WTI approximately $95, rep...