Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Karnatraka Budget: PM-MITRA textile park in Kalaburagi gets ₹75-crore allocation
Karnataka's state budget has allocated ₹75 crore for the PM-MITRA (Mega Integrated Textile Region and Apparel) textile park in Kalaburagi for the financial y...
Introduction of Voluntary Lock-in / Debit freeze facility to Mutual Fund folios
SEBI issued a circular on March 6, 2026 (Circular No. HO/24/12/12(5)2026-IMD-SEC-1/I/6373/2026) introducing a voluntary lock-in/debit freeze facility for mut...
Indian refiners are snapping up Russian crude oil after US waiver
The US Treasury's Office of Foreign Assets Control (OFAC) granted a 30-day waiver (expiring April 4, 2026) allowing Indian refiners to purchase Russian crude...
NABARD unveils climate innovation challenge with ₹15 lakh top prize
NABARD, in partnership with the Bill & Melinda Gates Foundation and Dalberg Advisors, launched the National Climate Stack Innovation Challenge to develop cli...
Is the India-EU FTA equitable? Europe’s Digital Product Passport raises questions on that score
The India-EU Free Trade Agreement, concluded on January 27, 2026, is described as the largest deal ever concluded by either side, promising tariff eliminatio...
India plans certification system for natural farming to tap global markets
The Government of India is planning to develop a dedicated certification system for natural farming produce to differentiate it in domestic and global market...
Short of crossing the red line
Karnataka's Budget 2026-27 projects a fiscal deficit of Rs 97,449 crore, amounting to 2.95% of GSDP -- just short of the 3% upper limit under the Karnataka F...
Call to unlock India’s seaweed potential for climate, coastal livelihood growth
Experts have called for unlocking India's seaweed cultivation potential to boost climate resilience and coastal livelihoods, with B. Madhusoodana Kurup of th...
I-T Dept expands reporting framework by including crypto, CBDC
The Ministry of Finance's Department of Revenue issued a notification on March 5, 2026 amending Income Tax Rules 114F, 114G, and 114H to expand the reporting...
GNFC flags neem urea output risk as RLNG supply cut to 60% amid LNG disruption
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) disclosed that its allocation of Re-gasified Liquefied Natural Gas (RLNG) has been restricted to 60% of...
India’s gem & jewellery industry braces for major impact due to war in West Asia
India's gems and jewellery industry faces a potential $2 billion export loss if the West Asia conflict persists for three months, according to industry repre...
Karnataka Budget 2026: Aerospace common facility, flight training school to be set up
Chief Minister Siddaramaiah presented the Karnataka State Budget 2026-27 with significant allocations for aerospace and aviation infrastructure. A flight tra...
India may end ₹2,700 crore rice fortification programme
The Government of India has temporarily discontinued rice fortification under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and allied welfare schemes...
Oil & gas prices continue to surge as West Asia conflict disrupts Hormuz supply route; India “allowed” to turn to Russian crude
Oil and gas prices have surged sharply following Iran's effective closure of the Strait of Hormuz since the US-Israel-Iran war began on February 28, 2026. Br...
TN government notifies Parandur airport under special projects act
The Tamil Nadu government formally notified the proposed Parandur greenfield airport as a "Special Project" through a gazette notification on March 2, 2026. ...
Govt will use all policy tools to help exporters tackle West Asia crisis: Goyal
Commerce and Industry Minister Piyush Goyal stated that the government would use every policy tool available to support Indian exporters dealing with trade d...
India plans ₹3 lakh crore investment to boost shipbuilding under Maritime Vision 2030
Defence Minister Rajnath Singh announced plans to invest over ₹3 lakh crore to develop world-class shipbuilding clusters under Maritime India Vision 2030 and...
₹2,000 crore electric bus programme in support of World Bank announced in Karnataka Budget 2026
The Karnataka Budget 2026-27 allocated Rs 2,000 crore for the Karnataka Electric Bus Programme, supported by a World Bank low-interest loan of Rs 3,000 crore...
Maharashtra Budget 2026: Government waives crop loans up to ₹2 lakh for farmers
Maharashtra Chief Minister Devendra Fadnavis presented the state Budget 2026-27 on March 6, 2026, announcing a crop loan waiver of up to Rs 2 lakh for farmer...
Revised CPI basket signals shift toward services, inflation trend unchanged: SBI
India's National Statistical Office (NSO) released a new Consumer Price Index (CPI) series with base year 2024=100, replacing the decade-old 2012 base, on Fe...