Economics
Trade, fiscal policy, banking, agriculture and economic indicators
As West Asia conflict intensifies, OMCs to push for more LPG storage facilities
As the West Asia conflict exposed India's acute vulnerability in LPG supply, the three state-owned Oil Marketing Companies (OMCs) — Indian Oil Corporation (I...
Ethanol producers urge government to increase blending
The All India Distillers Association (AIDA), the apex body representing India's ethanol, bio-energy, and potable alcohol producers, wrote to Union Minister f...
India ‘must prepare to face long-term impact’ of West Asia war, conditions will be difficult: Modi
Prime Minister Narendra Modi addressed the Lok Sabha on March 23, 2026, calling the West Asia war situation "worrisome" and warning that India "must be prepa...
India in talks with global partners for safe passage for vessels carrying essential commodities via Strait of Hormuz: PM
Prime Minister Narendra Modi, speaking in the Lok Sabha, stated that India is in active talks with global partners to ensure safe passage for vessels carryin...
Indian economy at risk if Gulf conflict continues: Moody's Analytics
Moody's Analytics released its Asia-Pacific Economy Outlook report, warning that a prolonged Gulf conflict could push India's GDP nearly 4% below expected le...
E-filing portal to facilitate compliance under both tax laws during transition: I-T Dept
The Income Tax Department issued a detailed FAQ clarifying how the transition from the Income Tax Act, 1961 to the new Income Tax Act, 2025, will be managed ...
'Situation worrisome': PM Modi clears India's stand on Iran war, flags impact of Hormuz disruption
Prime Minister Narendra Modi addressed the Lok Sabha to articulate India's stand on the West Asia conflict and its multifaceted impact on India. He described...
IBA pitches for up to 20pc CBG blending in CNG in Delhi to improve air quality
The Indian Biogas Association (IBA) has formally pitched to the Delhi government for up to 20% blending of Compressed Biogas (CBG) into Compressed Natural Ga...
BUDGETARY PROVISIONS FOR WATER SECURITY
Parliament was informed about the budgetary provisions allocated for water security under the Jal Jeevan Mission (JJM) — Har Ghar Jal, the flagship programme...
Two Indian LPG tankers carrying day’s supply sail through Strait of Hormuz
Two Indian-flagged LPG tankers — Pine Gas and Jag Vasant — began their transit from the Persian Gulf through the war-hit Strait of Hormuz on March 23, 2026, ...
Prime Minister Shri Narendra Modi addresses the Lok Sabha on the ongoing conflict in West Asia
Prime Minister Narendra Modi addressed the Lok Sabha on the ongoing conflict in West Asia, which began on February 28, 2026, with US-Israel strikes on Iran a...
India needs to take proactive steps limit impact of West Asia crisis, says RBI bulletin
The March 2026 RBI Bulletin warned that India needs to closely monitor the evolving West Asia conflict and take proactive measures to limit spillovers to the...
West Asia crisis: Govt restores full RoDTEP benefits to exporters
The government restored full benefit rates under the RoDTEP (Remission of Duties and Taxes on Exported Products) scheme for exporters, effective from the ann...
China to recoup 2% share in Indian FDI after Press Note 3 changes: Crisil
India's Department for Promotion of Industry and Internal Trade (DPIIT) issued Press Note 2 (2026) on March 15, 2026, amending the restrictive Press Note 3 (...
EPFO plans auto-settlement to clear Rs 5,200 crore in inoperative accounts
The Employees' Provident Fund Organisation (EPFO) is developing an auto-settlement mechanism to proactively credit unclaimed balances from inoperative provid...
Iranian oil purchase to depend on techno-commercial feasibility, payments route unclear
A senior government official confirmed that India will consider resuming purchases of Iranian crude oil, with the decision contingent on techno-commercial fe...
SWAMIH Fund II rollout underway, Rs 15,000 crore boost for stalled housing, says Nirmala Sitharaman
The Finance Minister confirmed that the rollout of SWAMIH Investment Fund II is underway, backed by a corpus of Rs 15,000 crore to complete stalled and stres...
Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions
The National Statistics Office (NSO) released the second round of its Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions, coverin...
For India, the costs of the Iran war beyond LPG
The ongoing US-Iran military conflict and the effective de facto closure of the Strait of Hormuz have created far-reaching economic risks for India well beyo...
US, Iran threaten critical infrastructure as war escalates into fourth week
The US-Iran conflict, now in its fourth week, has escalated into a mutual threat to destroy critical infrastructure, including power plants, oil facilities, ...