Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Why the US just gave India a 30-Day emergency window to buy ‘stranded’ Russian oil amid the Iran war
The United States Treasury Department, through its Office of Foreign Assets Control (OFAC), issued General License 133 — a 30-day emergency waiver allowing I...
‘Essential partner’: US gives India one-month waiver to buy Russia oil
The US Treasury's Office of Foreign Assets Control (OFAC) issued a temporary 30-day general licence authorising the delivery and sale of Russian-origin crude...
Merchant ships continue to be stranded upstream of Strait of Hormuz
Following US-Israeli military strikes on Iran in late February 2026 — including the killing of Iran's supreme leader — Iran's Islamic Revolutionary Guard Cor...
Maharashtra Budget: Fadnavis hands farmers another loan waiver even as 6 lakh await benefits of 1st one
Chief Minister Devendra Fadnavis announced a new crop loan waiver of up to ₹2 lakh for Maharashtra farmers while presenting the State Budget 2026-27. The sch...
China lowers its growth target to least ambitious since 1991. Six charts explain its weakening economy
At the annual session of China's National People's Congress (NPC) in early March 2026, the government announced its official GDP growth target for 2026 at 4....
Why does India require U.S. nod for securing its energy needs, ask Opposition leaders
India's parliamentary opposition raised sharp questions after the US Treasury Secretary's remarks framed India's purchase of Russian oil as something the US ...
New MSMEs can also avail credit assistance for ecomm exporters
The Directorate General of Foreign Trade (DGFT) launched Credit Assistance for E-Commerce Exporters in March 2026, as part of the ₹25,060 crore Export Promot...
Fadnavis presents ₹7.69 lakh crore Maharashtra Budget, loan waiver for farmers
Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presented the Maharashtra Budget 2026-27 with a total outlay of ₹7.69 lakh crore in t...
Artificial intelligence in Indian agriculture: The bus India cannot afford to miss
India is accelerating its transition to AI-driven agriculture through two flagship digital infrastructure initiatives: AgriStack (the foundational data layer...
Crude Politics: Centre hails US oil waiver as 'diplomatic win'; Opposition slams 'strategic surrender'
The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a temporary 30-day waiver on March 5–6, 2026, authorising Indian refiners to purc...
West Asia conflict could lift India's inflation, hit GDP growth: Economists
Economists from institutions including SBI Research and JPMorgan warned in early March 2026 that the ongoing West Asia conflict — triggered by the U.S.-Israe...
Self-reliance only way to stay relevant in era of global uncertainty: Rajnath Singh
Defence Minister Rajnath Singh stated that self-reliance is the "only way to stay relevant" in an era marked by global uncertainty, supply chain disruptions,...
RBI Issues Draft Amendment Directions for ‘Review of Framework of Limiting Customer Liability in Digital Transactions’
The Reserve Bank of India (RBI) issued draft amendment directions for reviewing and revising the framework on limiting customer liability in unauthorised ele...
West Asia conflict: Govt orders refiners to maximise LPG production to ensure continued cooking gas availability
The Ministry of Petroleum and Natural Gas (MoPNG) invoked emergency powers under the Essential Commodities Act (ECA), 1955 to direct all domestic oil refiner...
Ongoing West Asia conflict may feed through imported inflation; prolonged crisis could impact exchange rate, CAD: Finance Ministry
The Finance Ministry's Monthly Economic Review for February 2026 warned that the West Asia conflict could have "deeper and longer-lasting" economic effects o...
GDP: Why India is now further away from becoming a $5 trillion economy
On February 27, 2026, India's Ministry of Statistics and Programme Implementation (MoSPI) released a new GDP series with FY2022-23 as the base year, replacin...
EPFO okays auto-settlement for inoperative accounts with balance up to Rs 1,000: What are they, and the process
The Employees' Provident Fund Organisation (EPFO) Central Board of Trustees approved a pilot project to automatically settle inoperative EPF (Employees' Prov...
No need to panic, country has adequate fertilizer stocks for kharif: Union government
The Union government issued a public assurance that the country has adequate fertilizer stocks ahead of the kharif sowing season, urging farmers not to panic...
Noida International Airport gets aerodrome, security clearances to start operations
Noida International Airport (NIA), also known as Jewar Airport, received its aerodrome licence from the Directorate General of Civil Aviation (DGCA) on March...
Karnataka announces new scheme to boost farmers’ income
Karnataka announced a new scheme in its state budget to boost farmers' income, with a central focus on promoting Alternate Wetting and Drying (AWD) in paddy ...