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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
12 12

Govt allows commercial use of biomass, kerosene, coal to ease LPG pressure amid West Asia conflict

The Ministry of Environment, Forest and Climate Change (MoEFCC) advised State Pollution Control Boards to permit, for a period of one month, the use of bioma...

GS3 (Environment Energy Government Policy) GS2 (Government Schemes) Economics Polity & Governance 5m
12 12

West Asia, Black Sea tensions create supply concerns for Indian edible oil market: SEA

The Solvent Extractors' Association of India (SEA) flagged escalating supply concerns for India's edible oil market due to simultaneous disruptions in two cr...

GS Paper 3 (Agriculture Food Security Indian Economy) Economics Agriculture & Food Security 5m
12 12

India may extend duty-free pulses imports beyond March 31 on Iran war, El Nino possibility

Industry stakeholders expected the Indian government to extend the zero-customs-duty import window for pigeon pea (tur/arhar) and black matpe (urad/black gra...

GS Paper 3 (Agriculture Food Security Indian Economy) Economics Agriculture & Food Security 5m
12 12

High-Level Committee on Banking may suggest review of CRR, SLR, licensing norms

A government-appointed High-Level Committee on Banking — proposed in Union Budget 2026 — is considering recommendations to review the Cash Reserve Ratio (CRR...

GS3 Economics Polity & Governance 5m
12 12

India's retail inflation firms up to 3.21% in February as food & beverage, clothing prices rise

India's retail inflation (CPI-based) rose to 3.21% in February 2026, up from a revised 2.74% in January 2026 Data was released by the Ministry of Statistics ...

GS Paper 3 (Indian Economy Monetary Policy Data & Statistics) Economics 4m
12 12

India in talks with Iran to secure safe passage for over 20 tankers through Hormuz

India is in active diplomatic negotiations with Iran to secure safe passage for more than 20 oil tankers stranded near the Strait of Hormuz, carrying crude o...

GS2 (India's Foreign Policy West Asia) GS3 (Energy Security Maritime Security) International Relations Economics 4m
12 12

India caps commercial LPG supply at 20% to curb price rise, hoarding amid West Asia crisis

The Union government imposed a 20% cap on commercial LPG supply by oil marketing companies (OMCs) from March 12, 2026, effective immediately — an 80% reducti...

GS Paper 2 GS Paper 3 Economics Polity & Governance 4m
12 12

Anatomy of the India LPG crisis and how to tackle it -- explained

The West Asia conflict, involving US-Israel strikes on Iran from February 28, 2026, effectively shut the Strait of Hormuz to commercial shipping for the firs...

GS Paper 2 GS Paper 3 Economics International Relations 4m
12 12

Retail inflation rose to 3.21% in February, war impact likely from next month

India's Consumer Price Index (CPI)-based retail inflation rose to 3.21% in February 2026 — an 11-month high — up from 2.74% in January 2026 The uptick was pr...

GS3 (Indian Economy Inflation Monetary Policy) Economics 5m
12 12

Trump says U.S. benefits from high oil prices; Iran, Israel continue to exchange fire

The US-Israel military campaign against Iran, which began in late February 2026 with the killing of Supreme Leader Ali Khamenei, has entered its third week, ...

GS2 (International Relations) GS3 (Indian Economy Energy Security) International Relations Economics 5m
12 12

Russian ‘shadow fleet’ tankers divert to India after US waiver on crude imports

At least four Russian "shadow fleet" tankers have diverted their course to India after the US Treasury Department issued a 30-day sanctions waiver permitting...

GS2 (India-Russia India-US Relations) GS3 (Energy Security Trade Policy) International Relations Economics 4m
12 12

Brent at $100 may widen India’s fiscal burden by ₹3.6 lakh crore annually: Report

An Elara Securities report projects that if Brent crude oil sustains at $100 per barrel, India's annual fiscal expenditure could rise by ₹3.6 lakh crore (~$3...

GS Paper 3 Economics 4m
12 12

The long shadow of Hormuz: Why the energy shock will haunt India long after the guns fall silent

The disruption of energy flows through the Strait of Hormuz since late February 2026 has produced a severe and multi-sectoral economic shock for India and th...

GS Paper 3 Economics International Relations 4m
12 12

CPI inflation rises to 10-month high of 3.2% in February 2026

India's Consumer Price Index (CPI) inflation rose to 3.21% in February 2026, up from 2.75% in January, marking the highest reading in ten months Food inflati...

GS Paper 3 Economics 3m
12 12

Promoting sea cage farming and ornamental fish farming

The Department of Fisheries (DoF), Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D), is implementing the Pradhan Mantri Matsya Sampada Yojana (...

GS3 (Agriculture Food Security Blue Economy) Agriculture & Food Security Economics 5m
12 12

International Solar Alliance Reflects Power of Global Partnership: Union Minister Shri Pralhad Joshi on ISA Foundation Day

The International Solar Alliance (ISA) celebrated its Foundation Day, with Union Minister of New and Renewable Energy Pralhad Joshi highlighting the alliance...

GS2 (International Relations International Institutions) GS3 (Environment Renewable Energy) International Relations Economics Environment & Ecology 4m
12 12

Policy for promoting fish farming in upstream dam and reservoir areas

The Department of Fisheries (DoF), Government of India, has outlined steps to promote fisheries and aquaculture in upstream dam and reservoir areas, which re...

GS Paper 3 (Agriculture Food Security Economy Blue Economy) Agriculture & Food Security Economics 5m
12 12

Deep-Sea Fishing promotion and incentives

The Ministry of External Affairs (now clarified as the Ministry of Fisheries, Animal Husbandry and Dairying) notified the Sustainable Harnessing of Fisheries...

GS3 (Indian Economy Blue Economy Maritime Policy) GS2 (Governance International Law) Economics Polity & Governance 4m
12 12

India's sunflower oil imports halve in February amid West Asia conflict, rising prices

India's sunflower oil imports fell approximately 51% year-on-year in February 2026 to around 1.45 lakh tonnes, according to data from the Solvent Extractors'...

GS Paper 3 (Agriculture Food Security Indian Economy) Agriculture & Food Security Economics 4m
12 12

Retail inflation rises to 3.21 pc in Feb compared to 2.74 pc in Jan: Govt data

India's retail inflation, as measured by the Consumer Price Index (CPI), rose to 3.21% (year-on-year) in February 2026, up from 2.74% in January 2026, accord...

GS Paper 3 (Indian Economy) Economics 4m
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