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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
11 11

Ambani’s Reliance to invest in first US oil refinery in 50 years, says Trump

US President Donald Trump announced that Mukesh Ambani's Reliance Industries will be a key investor in the first new oil refinery to be built in the United S...

GS Paper 3 (Indian Economy Energy Infrastructure) GS Paper 2 (India-US Relations) Economics International Relations 4m
11 11

Strategic trade mission seeks to tap opportunities from UK-India FTA

A trade mission from the UK's West Midlands region visited India, signing bilateral agreements covering energy, technology, and education sectors. The missio...

GS2 (International Relations India-UK) GS3 (Indian Economy Trade) International Relations Economics 4m
10 10

Oil Ministry sets up panel as commercial LPG shortage hits hospitality sector

The Ministry of Petroleum and Natural Gas constituted a three-member high-level panel comprising Executive Directors of Oil Marketing Companies (OMCs) — Indi...

GS Paper 2 (Government Policy) GS Paper 3 (Energy Security Infrastructure) Economics Polity & Governance 4m
10 10

Cabinet approves 4 railways, road projects worth Rs 11,944 crore

The Union Cabinet, through the Cabinet Committee on Economic Affairs (CCEA), approved four railway and road infrastructure projects with a combined cost of ₹...

GS Paper 3 (Infrastructure Economy) Economics Polity & Governance 4m
10 10

India could gain GCC investments if West Asia expansion slows amid tensions

Analysts and industry bodies project that India stands to gain additional Global Capability Centre (GCC) investments if ongoing West Asia tensions cause mult...

GS Paper 3 (Indian Economy: External Sector) + GS Paper 2 (International Relations: India and West Asia) Economics International Relations 4m
10 10

Jal mission restructuring gets approval

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved on March 10, 2026, the restructuring and extension of the Jal Jeevan Mission (JJM) up to...

GS2 (Government Schemes Welfare) GS3 (Infrastructure Water Security) Polity & Governance Economics 4m
10 10

Govt eases investment curbs from land bordering countries, including China, sets 60-day deadline for clearance of proposals

The Union Cabinet approved a revision to Press Note 3 (2020) easing foreign direct investment restrictions for entities from countries sharing land borders w...

GS2 (Government Policies India & Neighbourhood) GS3 (Investment Models FDI) Economics International Relations Polity & Governance 4m
10 10

Panel on SEZ policy reforms to evaluate impact, conduct cost-benefit analysis

The government notified a 17-member committee in March 2026 to recommend comprehensive reforms to India's Special Economic Zone (SEZ) policy — formally launc...

GS Paper 2 (Government Policies) GS Paper 3 (Indian Economy Trade Policy Industrial Policy) Economics Polity & Governance 4m
10 10

Union Cabinet approves international status for Madurai airport

The Union Cabinet on March 10, 2026, officially declared Madurai Airport an international airport, ending years of lobbying by Tamil Nadu's business communit...

GS Paper 2 (Government Policies) GS Paper 3 (Infrastructure Indian Economy) Economics Polity & Governance 4m
10 10

SFC recommends 5% of GST revenue allocation to municipal bodies, including GBA corporations

The Fifth State Finance Commission (SFC) of a state (likely Tamil Nadu or a comparable state) recommended that 5% of the state's GST revenue be allocated dir...

GS2 (Polity Federalism Urban Local Bodies Finance Commission) GS3 (Fiscal Federalism GST) Polity & Governance Economics 5m
10 10

Stablecoins increasingly favoured for money laundering, financing of terrorism and proliferation: FATF report

The Financial Action Task Force (FATF) released a targeted report in early March 2026 documenting a sharp increase in the misuse of stablecoins for money lau...

GS3 (Money Laundering Internal Security Cybercrime Economy) Economics Internal Security 4m
10 10

Cabinet nod for 23% hike in cost of link road from Noida airport to Delhi-Mumbai Expressway

The Cabinet Committee on Economic Affairs (CCEA) approved a revised total project cost of ₹3,630.77 crore for the Noida International Airport (Jewar) link ro...

GS Paper 3 (Infrastructure PPP Models Investment) Economics 4m
10 10

Oil prices plunge to $87.8 per barrel as IEA eyes emergency release with Strait of Hormuz in focus

Oil prices — which had surged to above $119 per barrel on March 9, 2026, the highest since 2022 — pulled back toward $87.8 per barrel on March 10 after the I...

GS1 (Geography) GS2 (International Relations) GS3 (Economy) International Relations Economics Geography 5m
10 10

India’s farm output seen surging to record levels, buoyed by wheat

The Ministry of Agriculture & Farmers Welfare released Second Advance Estimates for 2025-26, projecting total foodgrain production at a record 3,486 lakh met...

GS Paper 3 (Agriculture Food Security Indian Economy) Economics Geography 4m
10 10

NHAI-backed Raajmarg Infra InvIT garners Rs 1,728 cr from anchor investors

Raajmarg Infra Investment Trust (RIIT), backed by NHAI, raised ₹1,728 crore from anchor investors ahead of its ₹6,000 crore IPO (which opened March 11–13, 20...

GS Paper 3 (Infrastructure Investment Models Indian Economy) Economics 4m
10 10

Tamil Nadu State Planning Commission calls for legal protection and social security for gig workers

The Tamil Nadu State Planning Commission released a study titled "Status of Platform Based Gig Workers in Tamil Nadu," calling for legal protection and socia...

GS1 (Social Issues Labour) GS2 (Governance Social Justice) GS3 (Indian Economy Labour Markets) Economics Social Issues Polity & Governance 5m
10 10

India eases FDI rules from bordering nations, unlocks path for Chinese investment

The Union Cabinet approved amendments to Press Note 3 (2020), relaxing foreign direct investment restrictions for countries sharing land borders with India —...

GS2 (India & its Neighbourhood) GS3 (Indian Economy FDI) Economics International Relations 4m
10 10

Centre mulls insurance support for exporters dealing with ongoing West Asia crisis: Piyush Goyal

Union Minister Piyush Goyal (Commerce and Industry) stated that the government is exploring insurance support for Indian exporters facing losses due to the W...

GS3 (Economy Internal Security implications) Economics International Relations 5m
10 10

India remains engaged with US government: Jitin Prasada

Union Minister of State for Commerce and Industry Jitin Prasada confirmed that India is closely monitoring US tariff changes and maintaining active dialogue ...

GS2 (International Relations) GS3 (Economy) Economics International Relations 5m
10 10

Diesel supply to Bangladesh part of trade, says India amid fuel shortage concerns

India has commenced supply of 5,000 tonnes of high-speed diesel to Bangladesh through the India-Bangladesh Friendship Pipeline, responding to a severe fuel s...

GS2 (India & its Neighbourhood Bilateral Relations) GS3 (Infrastructure Energy Security) International Relations Economics 4m
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