Economics
Trade, fiscal policy, banking, agriculture and economic indicators
US can’t put conditions on India to buy Russian oil as it affects our sovereignty: Ex-NSA Narayanan
Former National Security Advisor (NSA) M.K. Narayanan stated that the US cannot impose conditions on India regarding its purchase of Russian crude oil, argui...
FDI policy easing for land-bordering countries to include rare earth magnets, processing: DPIIT
DPIIT (Department for Promotion of Industry and Internal Trade) confirmed that the amended FDI policy guidelines for land-border countries specifically inclu...
‘Govt nod still needed for entities registered in China, Hong Kong’
The Indian government clarified that despite recent easing of FDI norms under Press Note 3, entities directly registered in China or Hong Kong still require ...
Aim for all-year exports: Minister | ‘Textiles should scale up to gain from FTAs’
A Union Minister addressed India's textile sector, urging industry players to aim for all-year-round exports rather than seasonal cycles, and to aggressively...
Policy missteps: On the government’s handling of India’s fuel crisis
An editorial analysis identifies systemic policy failures behind India's LPG supply crisis: excessive dependence on West Asian imports routed through the Str...
Trump says will tap U.S. Strategic Petroleum Reserve to try to reduce gasoline prices
The US announced the release of 172 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) on March 11, 2026, in response to the surge in en...
India has overall coal stock of 88 days, confident of meeting rise in power demand: Ministry
India's Union Ministry announced an overall coal stock of 210 million tonnes (MT) — sufficient for approximately 88 days of power generation — as summer dema...
Union Home Secretary asks States to provide security to LPG supply chain
Union Home Secretary Govind Mohan held a virtual coordination meeting with Chief Secretaries of all states, directing them to ensure physical security for th...
India’s LPG production up 25% since supply maintenance orders; officials also urge refraining from panic booking
India's domestic LPG production increased by approximately 25% following government orders issued on March 8, 2026, directing refineries and petrochemical co...
Next instalment of Kisan Nidhi to reach farmers on March 13
The central government credited the 22nd instalment of PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) to the bank accounts of approximately 9 crore farmers on ...
West Asia conflict: India hails IEA move to release emergency oil stocks
India formally welcomed the International Energy Agency's (IEA) decision to release emergency oil stocks from member countries' strategic reserves, calling i...
Uptake of induction stoves sluggish in low-income Indian households
Only 5% of Indian households have electric penetration in their kitchens, and uptake of induction stoves remains very sluggish, particularly among low-income...
Reliance remains mum even as Trump announces ‘historic’ $300 billion U.S. refinery deal
US President Donald Trump announced a "historic $300 billion deal" involving India's Reliance Industries to build the first new oil refinery in the United St...
India must diversify energy sources as oil markets turn volatile, says former Deputy NSA Pankaj Saran
Former Deputy National Security Advisor Pankaj Saran called on India to urgently diversify its energy sources as global oil markets turn highly volatile due ...
Investment rule tweaks will benefit electronics and rare earth sector in India, says DPIIT Secretary
DPIIT Secretary Amardeep Singh Bhatia, speaking on March 11, 2026, said the revised FDI norms for land border countries (LBCs) will specifically benefit Indi...
FDI policy eased: Relaxed PN3 opens door for global funds with Chinese stakes
India's revised FDI policy (March 10, 2026 Cabinet decision) facilitates easier entry for companies from the US, Taiwan, South Korea, and Europe that have mi...
Fuel crisis, supply chain disruption, rise in cost of raw material amid West Asia conflict hit Haryana industry
Industrialists from key industrial centres across Haryana — including Hisar (steel and textiles), Bahadurgarh (iron and packaging), and Karnal (food processi...
What is Essential Commodities Act, why has it been invoked for LPG supply?
The Government of India invoked the Essential Commodities Act (ECA), 1955 in early March 2026 to address potential LPG and natural gas supply disruptions tri...
A revision of GDP and its implications
On February 27, 2026, the National Statistics Office (NSO) under MoSPI released a new GDP series with 2022-23 as the base year, replacing the 2011-12 base ye...
India to release product list for faster PN3 FDI approvals
Following the Union Cabinet's March 10, 2026 amendments to Press Note 3 (PN3), DPIIT will release a detailed product-level list specifying which items within...