Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India must tap FTA opportunities: Piyush Goyal
Commerce and Industry Minister Piyush Goyal called on Indian businesses to proactively capitalise on the wave of Free Trade Agreements (FTAs) being operation...
Autonomous bodies should leverage risk-controls maturity scorecard to access financial prudence: CAG
Comptroller and Auditor General (CAG) K. Sanjay Murthy urged autonomous institutions receiving government funding to adopt and use the Risk-Control Maturity ...
Oil crosses $100: Amid escalating Iran war, supply security bigger priority for India than price
Brent crude oil crossed $100 per barrel for the first time since 2022, driven by the effective closure of the Strait of Hormuz by Iran following the onset of...
LPG booking period increased from 21 to 25 days; refineres asked to boost LPG output: Govt sources
Amid concerns about LPG supply security due to the West Asia conflict, the Government of India extended the LPG cylinder booking period from 21 days to 25 da...
India will not raise petrol prices despite global crude headwinds: Government sources
Government sources confirmed that India will not raise retail petrol and diesel prices despite global crude oil prices crossing $100 per barrel following the...
India’s wheat output pegged at record high 120 mt on higher acreage, conducive weather
India's wheat production in 2025-26 is estimated at a record 120.21 million tonnes (MT), up approximately 2% from 117.94 MT in 2024-25, according to the gove...
India’s inflation near ‘lower bound,’ to counter global oil price surge: Finance Minister
Finance Minister Nirmala Sitharaman stated on 9 March 2026 that given India's inflation is near the lower bound of the RBI's tolerance band, the impact of th...
West Asia conflict strands Indian fruit exports at ports, airports
More than 1,250 shipping containers carrying Indian fruit exports were stuck at Nhava Sheva (Jawaharlal Nehru Port) in Mumbai during peak Ramadan demand — th...
IRFC board clears ₹70,000-cr market borrowing programme for FY27
The Board of Indian Railway Finance Corporation (IRFC) approved a market borrowing programme of up to ₹70,000 crore for FY2026-27 at a board meeting held on ...
RBI conducts G-Secs purchase of ₹50,000 crore to inject liquidity, another tranche on Friday
The Reserve Bank of India (RBI) conducted an Open Market Operation (OMO) purchase of Government Securities (G-Secs) worth ₹50,000 crore on 9 March 2026 to in...
India’s shrimp export revenue seen surging past ₹50,000 crore: Crisil
India's shrimp export revenue is projected to exceed ₹50,000 crore in FY2025-26, growing 13–15% year-on-year, according to a CRISIL Ratings analysis. Growth ...
West Asia tensions pose twin challenges for Indian paper industry
The ongoing West Asia conflict has created a "twin challenge" for India's paper industry: a disruption to export markets (West Asia absorbs approximately 30%...
Oil prices surging past $115 amid Iran-Israel war revives memories of historical global oil crises
Oil prices surged past $115 per barrel by March 9, 2026, as the escalating US-Israel-Iran war disrupted global energy supply chains. Cornell University histo...
Air India workforce better aligned with private sector performance metrics post privatisation: Government
Air India's workforce structure has been progressively realigned with private-sector performance benchmarks following the airline's transfer to the Tata Grou...
Oil prices hit highest since 2022 at more than $119 a barrel on Iran war
Brent crude oil prices surged above $119 per barrel on March 9, 2026, the highest level since mid-2022, as the US-Israel war on Iran threatened both producti...
Government will not raise petrol, diesel prices
The Government of India formally confirmed it would not raise retail prices of petrol and diesel despite global crude oil prices rising sharply (Indian crude...
Energy security, trade flows, safety of nationals paramount factors in West Asia strategy: Jaishankar
External Affairs Minister Jaishankar articulated India's three-pronged West Asia policy framework in Parliament: (1) maintaining energy security, (2) preserv...
Global crude price rise not to have substantial impact on inflation: Sitharaman
A research report by SBI Research (the economic research unit of State Bank of India) assessed that the sharp rise in global crude oil prices triggered by th...
Trade unions, farm outfits to strengthen protests against U.S. trade deal, Labour Codes
Major trade unions and farmers' organisations in India announced plans to intensify protests against the India-US interim trade deal, building on a nationwid...
Iran conflict forces Asian central banks into sharp policy rethink
The escalating US-Israel-Iran conflict and the resulting surge in global oil prices above $100 per barrel are compelling central banks across Asia to fundame...