Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Cabinet clears amendments to insolvency, companies laws
The Union Cabinet on March 10, 2026 approved amendments to two key laws: the Insolvency and Bankruptcy Code (IBC), 2016 and the Companies Act, 2013. The IBC ...
West Asia conflict could dent India's GDP and push oil to $110: Report
Economic research and financial institutions have projected that the ongoing West Asia conflict could push Brent crude oil prices to $110 per barrel or above...
India’s kharif, rabi foodgrain output pegged 3% up at 349 million tonnes in 2025-26
The Ministry of Agriculture and Farmers Welfare released its Second Advance Estimates for 2025-26, pegging combined kharif and rabi foodgrain production at a...
CBIC waives ₹1,000 Back-to-Town fee for export cargo hit by West Asia crisis
The Central Board of Indirect Taxes and Customs (CBIC) waived the ₹1,000 Back-to-Town (BTT) facility fee and other charges for amendment or cancellation of e...
West Asia conflict disrupts gas supply to Maharashtra industry; MNGL invokes force majeure
Maharashtra Natural Gas Ltd. (MNGL) invoked a force majeure clause citing disruptions to LNG supply caused by the West Asia conflict, warning industrial cust...
30% cut in natural gas supply to fertilizer firms may affect urea output
India's natural gas supply to fertiliser companies has been cut by approximately 30%, with overall gas availability to the sector at only 70% of required qua...
Iran launches new attacks at Gulf Arab countries as it keeps up pressure on region
Iran has launched missile and drone attacks targeting energy infrastructure in Gulf Arab states — including oil refineries in Saudi Arabia, desalination plan...
Centre relaxes Investment rules for Chinese firms as part of limited diplomatic reset
The Indian government relaxed investment rules for Chinese firms by amending Press Note 3 (2020), which had mandated prior government approval for all FDI fr...
India’s defence shift: Rising capex, falling imports
India's defence imports declined by 9.3% during 2020–24 compared to the previous five-year period (2015–19), reflecting progress in the indigenisation agenda...
JNPA waives storage, reefer charges for West Asia-bound export containers
The Jawaharlal Nehru Port Authority (JNPA) issued a trade notice providing a 100% waiver on ground rent and dwell-time charges for West Asia-bound export con...
Bangladesh receives diesel from India via pipeline
Bangladesh has received a 5,000-tonne consignment of high-speed diesel from India through the India-Bangladesh Friendship Pipeline, as the country faces a se...
Cabinet approves two rail projects
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister, approved two multitracking railway projects in West Bengal and Jharkhand at ...
Aramco sees ‘catastrophic consequences’ for oil if shipping doesn't resume in Strait of Hormuz
Saudi Arabia's Aramco CEO Amin Nasser warned of "catastrophic consequences" for global oil markets if shipping through the Strait of Hormuz does not resume I...
India’s LNG & LPG shortage to be short-lived as new supply routes, domestic production kick in: Govt sources
Government sources stated that India's LNG (Liquefied Natural Gas) and LPG (Liquefied Petroleum Gas) shortages triggered by the Strait of Hormuz closure woul...
India to supply 5,000 tonnes of diesel to Bangladesh amid raging West Asia conflict
India activated the India-Bangladesh Friendship Pipeline (IBFP) to supply 5,000 metric tonnes of high-speed diesel to northern Bangladesh, which is facing a ...
Union Cabinet approves amendments to insolvency law and Companies Act
The Union Cabinet approved amendments to the Insolvency and Bankruptcy Code (IBC), 2016, and the Companies Act, 2013, clearing the way for the IBC (Amendment...
Gulf tensions trigger LPG supply concerns in Andhra Pradesh
State officials in Andhra Pradesh reported that domestic LPG stocks were adequate for 25 to 30 days, but acknowledged heightened uncertainty over restocking ...
Naidu calls for developing A.P. as integrated strategic material hub
Andhra Pradesh Chief Minister N. Chandrababu Naidu directed officials to transform the state into an Integrated Strategic Material Hub under the proposed And...
PM reviews oil, gas supply as analysts warn reliance on imports leaves India open to war disruptions
The Prime Minister chaired a high-level review of India's oil and gas supply situation as the Iran war entered its eleventh day, creating disruptions to glob...
Centre seeks Parliament nod for net extra spending of ₹2 trillion in FY26 amid commodity price volatility
The Centre tabled the second batch of Supplementary Demands for Grants in Parliament, seeking net additional expenditure of approximately ₹2 lakh crore (₹2 t...