Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Watch: ‘Unacceptable’: EU President slams Iran for Strait of Hormuz tensions
European Commission President Ursula von der Leyen called Iran's threats to close the Strait of Hormuz "unacceptable," making one of the EU's strongest direc...
Why damage to Qatar’s gas infrastructure could push costs higher for years to come
Iranian missile and drone strikes on Qatar's Ras Laffan Industrial City — the hub of the world's largest LNG export operation — caused severe damage to two o...
Oil jumps 4% as Iran denies US talks, tensions flare again
Oil prices jumped over 4% after Iran denied US claims of bilateral talks, reviving fears of renewed military escalation in West Asia and a prolonged closure ...
ArcelorMittal Nippon Steel gets started on building India’s largest greenfield steel plant in Andhra
ArcelorMittal Nippon Steel India (AM/NS India) held the groundbreaking ceremony on March 23, 2026, at Rajayapeta, Anakapalli District, Andhra Pradesh, for wh...
Future of jobs: Will AI create ghost workplaces or millions of new jobs?
A new analysis in Livemint examines the sharp divide in expert opinion on AI's impact on employment: one camp predicts a "demand collapse" as automation erod...
India mulls rules to make oil firms fortify LPG buffer as war chokes supply
India is considering regulations mandating oil companies to maintain minimum LPG buffer stocks after a structural supply crisis was exposed by the effective ...
EU and Australia agree on text of free trade pact, announce a new defence partnership
The European Union and Australia concluded the text of a Free Trade Agreement (FTA) on March 24, 2026, following negotiations that began in 2018 — an eight-y...
From India to Italy, Trump’s Iran war is rippling through the world economy
The US-Israel military campaign against Iran, launched in early March 2026, has sent shockwaves through the global economy, pushing up prices of oil, gas, an...
Israel, Iran War: Goldman Sachs slashes India growth forecast, warns currency strain will force rate hike
Goldman Sachs revised India's 2026 calendar year GDP growth forecast downward to 5.9%, its second cut in less than a month — the earlier revision on March 13...
Govt to post official in London for IMO matters
The Ministry of Ports, Shipping and Waterways has received approval to post a dedicated official at India's High Commission in London to handle International...
Jaishankar, Rubio discuss energy security crisis
India's External Affairs Minister S. Jaishankar held a detailed telephonic conversation with US Secretary of State Marco Rubio, focusing on the ongoing West ...
Large private companies see no growth in capex in FY27, shows government survey
The National Statistics Office (NSO) released findings of its second Forward-Looking Survey on Private Corporate Sector Capital Expenditure (Capex) Investmen...
Two more Indian vessels cross Strait of Hormuz
Two foreign-owned, Indian-flagged LPG carriers — Hellas Gladiator and Gas Jupiter — successfully crossed the Strait of Hormuz on March 23, 2026, and are expe...
Net FDI negative for fifth straight month in January 2026 as outflows exceed inflows by $1.4 billion
RBI balance-of-payments data shows India's net Foreign Direct Investment (FDI) was negative by $1.4 billion in January 2026 — the fifth consecutive month of ...
Govt restores full tax refund benefits to support exporters
The Government of India restored full benefit rates under the RoDTEP (Remission of Duties and Taxes on Export Products) scheme effective from February 23, 20...
Impact of West Asia war likely to be felt for long time, PM tells Lok Sabha
Prime Minister Modi addressed the Lok Sabha on March 23, 2026, calling for national preparedness and unity to face long-term impacts of the West Asia (Iran-I...
Union Minister Ashwini Vaishnaw unveils three new initiatives to promote ‘orange economy’
Union Minister for Information & Broadcasting Ashwini Vaishnaw launched three new initiatives at an event aimed at strengthening India's creative economy. Th...
Proactive steps needed to limit adverse spillovers of Iran war: RBI report
The Reserve Bank of India's monthly report called for proactive steps to limit the adverse spillovers of the West Asia (Iran) war on India's economy. Foreign...
Need to create regional dependency instead of relying on global supply chains: BIMSTEC secy gen
BIMSTEC Secretary General Indra Mani Pandey, speaking at an ASSOCHAM event, called for building regional dependency in supply chains rather than relying on f...
West Asia crisis: Full benefits restored under RoDTEP scheme
The government fully restored benefits under the RoDTEP (Remission of Duties and Taxes on Exported Products) scheme, reversing a reduction that had cut rates...