Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions
Indian refining companies confirmed they will purchase Iranian crude oil following the US Treasury's 30-day sanctions waiver, with three major Indian refinin...
Air India, IndiGo, SpiceJet oppose government’s 60% free seat selection decision
The Ministry of Civil Aviation directed the Directorate General of Civil Aviation (DGCA) to instruct all airlines to designate a minimum of 60% of seats on e...
Telangana Budget FY2026-27: Government announces Indiramma Family Life Insurance scheme, ₹5 lakh each to 1.15 crore families
Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka presented the state's ₹3,24,234 crore budget for 2026-27, announcing the Indiram...
South Korea coordinates with Iran to normalise shipping route through Strait of Hormuz
South Korea entered active diplomatic consultations with Iran and other relevant nations to secure normalisation of shipping lanes through the Strait of Horm...
US eases sanctions on sale of Iranian oil in transit, as Iran conflict upends global energy markets
The US Treasury, led by Secretary Scott Bessent, issued a 30-day sanctions waiver on March 20, 2026, authorising the purchase of Iranian crude oil currently ...
Trump says US considering ‘winding down’ Iran ops, as US moves to ease global energy disruptions
US President Donald Trump stated on March 20, 2026 — Day 21 of the Iran war — that he was considering "winding down" military operations, citing proximity to...
The week in charts: Iran war impact, US Fed decision, HDFC Bank crisis
The US Federal Reserve's Federal Open Market Committee (FOMC) voted 11-1 on March 18, 2026, to hold the benchmark federal funds rate steady at 3.5%–3.75%, ma...
Buying property in South Mumbai? Middle East conflict could make it costlier — here's how
The ongoing conflict involving US-Israel-Iran has triggered a cascade of cost increases in India's real estate sector, driven primarily by spiking oil prices...
India’s cotton acreage loses ground to rice, maize amid low productivity
India's cotton acreage has fallen sharply to 11.2 million hectares in 2025-26, down from 13.4 million hectares in 2019-20 — a decline of nearly one-fifth ove...
NTPC looking at imported PWR tech for its nuclear fleet, in talks with players in France, Russia & US
NTPC Ltd is in active discussions with nuclear technology providers from France (EDF), Russia (Rosatom), and the United States (Holtec International) to impo...
ICAR–IVRI achieves breakthrough in Sahiwal breeding using advanced reproductive technologies
The Indian Council of Agricultural Research – Indian Veterinary Research Institute (ICAR-IVRI) has achieved a breakthrough in Sahiwal cattle breeding using a...
New I-T Act framework notified; taxpayer relief with stricter compliance from April 1
The Income Tax Rules 2026 notified several taxpayer relief provisions that take effect from April 1, 2026, under the new Income-tax Act 2025. The 50% House R...
West Asia War Fallout: Premium petrol price raised Rs 2 a litre, bulk diesel up Rs 22
Oil marketing companies (OMCs) raised the price of premium petrol by approximately ₹2 per litre effective March 20, 2026, citing surging global crude oil pri...
Iran’s strikes on Qatar’s Ras Laffan could impact some of QatarEnergy’s LNG supplies to India
Iranian missile strikes caused extensive damage to Ras Laffan Industrial City in Qatar — the world's largest LNG export hub — cutting Qatar's LNG output capa...
Explained: US approves sanctions relief for Iranian oil amidst its war with Tehran
US Treasury Secretary Scott Bessent announced that the administration may unsanction Iranian oil already at sea — approximately 140 million barrels (equivale...
Russia, China and the US – the global winners and losers of the Iran war
The Iran conflict that began February 28, 2026, has triggered a major realignment of global energy flows, with Russia emerging as the primary economic benefi...
Telangana’s share in Central devolution rises to 2.17%
Telangana's share in Central tax devolution has been fixed at 2.174% under the 16th Finance Commission's recommendations for 2026–31, up from 2.102% under th...
New Income Tax Act to be rooted in ethics: FM Sitharaman
Finance Minister Nirmala Sitharaman addressed the Income Tax Department on the occasion of officially notifying the Income Tax Rules 2026, articulating the p...
As Iran war prolongs, Indian PMO asks Agriculture Ministry for measures to combat fertilizer, chemicals shortage
India's Prime Minister's Office (PMO) has asked the Ministry of Agriculture to draw up contingency measures to address a potential fertilizer and agricultura...
Govt weighs expanding social security with insurance cover for 32 cr unorganised, gig and platform workers
The government is examining domestic and international models to design a social security scheme — including insurance cover — for an estimated 32 crore unor...