Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India’s defence shift: Rising capex, falling imports
India's defence expenditure data for recent years reveals a sustained structural shift: capital expenditure (capex) — spending on new equipment, platforms, a...
LPG crisis fuels fear of loss of livelihood, food scarcity in Kerala
Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...
India-bound Thai-flagged cargo ship attacked in Strait of Hormuz
On March 11, 2026, a Thai-flagged bulk carrier, the MV Mayuree Naree (178 metres long, 30,000 tonne displacement), was attacked while transiting the Strait o...
India ready for ‘unprecedented demand for coal,’ says Coal ministry
Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...
Indian OMCs, GAIL face narrower buffers from prolonged Iran shock: Fitch
Credit rating agency Fitch issued a warning that Indian oil marketing companies (OMCs) — IOC, BPCL, and HPCL — and gas transmission company GAIL face "narrow...
India’s Russian crude imports approach pre-Trump sanction levels amid Hormuz disruptions & US ‘waiver’
India's Russian crude oil imports have surged sharply in March 2026, approaching and potentially exceeding volumes seen before the Trump administration impos...
ICAR to host 3-day global conference on women in agri-food system from Thursday
The Indian Council of Agricultural Research (ICAR), in collaboration with CGIAR, TAAS, and PPV&FRA, hosted the Global Conference on Women in Agri-Food System...
Germany, Japan to unblock oil reserves as G-7 stands ‘ready’ to act
Germany and Japan announced they would release oil from their strategic petroleum reserves as part of a coordinated G7 and International Energy Agency (IEA) ...
Govt says crude supply stable as 70% coming from routes outside Hormuz, helpline up for Indians in Gulf
Following the Iranian blockade of the Strait of Hormuz (in retaliation for US-Israeli strikes on Iran), the Indian government convened an inter-ministerial b...
India fast-tracks Chinese investment approvals in key sectors
The Union Cabinet, chaired by the Prime Minister, approved significant changes to India's FDI policy on March 10, 2026, amending the framework established un...
Centre approves procurement of 1.25 lakh tonnes of rabi crops in Telangana
The Centre approved the procurement of 1.25 lakh tonnes of rabi crops in Telangana under the Minimum Support Price (MSP) mechanism. The procurement covers ke...
‘No need to panic’, Oil Ministry says government measures led to 25% rise in LPG production
The Ministry of Petroleum and Natural Gas issued an LPG Control Order on March 8, 2026, directing all Indian refineries to maximize LPG yields by channelling...
Mamata holds review meeting on LPG crisis, calls for SOP and rationing of cylinders
Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...
Energy shock widens: Sugar, food markets feel strain; IEA weighs record reserve release
The escalating conflict around the Strait of Hormuz has triggered an energy shock that has spread beyond oil and gas to affect global sugar, food, and agricu...
Fitch: Indian OMCs, GAIL may face cash-flow pressure amid Iran tensions and oil price rise
Fitch Ratings warned that Indian oil marketing companies (OMCs) — HPCL (Hindustan Petroleum Corporation), IOC (Indian Oil Corporation), and BPCL (Bharat Petr...
PROGRESS OF THE NATIONAL APPRENTICESHIP PROMOTION SCHEME (NAPS)
The National Apprenticeship Promotion Scheme (NAPS), launched in August 2016, is currently in its second phase (NAPS-2) operational since FY 2022-23. NAPS-2 ...
DEPARTMENT-RELATED PARLIAMENTARY STANDING COMMITTEE ON INDUSTRY
The Department-Related Parliamentary Standing Committee on Industry (functioning under the Rajya Sabha), chaired by Shri Tiruchi Siva, presented its 333rd Re...
Assam-based refineries can meet only 30 pc of state’s LPG demand: Chief secy
Assam Chief Secretary Ravi Kota stated on March 11, 2026, that local refineries in the state can meet only about 30% of Assam's LPG demand, signalling a pote...
West Asia conflict poses downside risk, India GDP growth seen at 7.1 pc in FY27: Crisil Intelligence
Crisil Intelligence projected India's real GDP growth to moderate to 7.1% in FY 2026-27, down from 7.6% in FY26 (under the revised 2022-23 base year series)....
No need for panic booking, enough LPG supplies to meet household needs: Govt
The government issued a formal assurance that India has adequate LPG stocks to meet all household cooking gas requirements following a surge in panic booking...