Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Cabinet nod for Rs 33,660 crore plan to set up 100 industrial parks
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Bharat Audyogik Vikas Yojna (BHAVYA) with a total outlay of ₹33,660 crore to develop...
QatarEnergy reports 'extensive damage' after missile attacks on Ras Laffan industrial city
Iran launched five ballistic missiles at Qatar; four were intercepted by air defences, but one struck Ras Laffan Industrial City — the world's largest LNG pr...
U.S. Fed holds rates unchanged over ‘uncertain’ Iran war implications
The US Federal Reserve voted to hold its benchmark federal funds rate unchanged at 3.5%–3.75% for the second consecutive meeting, citing "uncertain" implicat...
Modi speaks to Kuwait Crown Prince; says safe, free navigation through Strait of Hormuz top priority
Prime Minister Narendra Modi held a telephonic conversation with Kuwait's Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah amid the escalatin...
China-bound Russian oil tanker diverted to India
The Russian Aframax tanker Aqua Titan, originally carrying 7.7 lakh barrels of Urals crude and headed to the Chinese port of Rizhao, reversed course in the S...
22 India-bound ships on Hormuz evacuation list
India has 22 ships stranded on the western side of the Strait of Hormuz, carrying over 5 lakh tonnes of LNG and LPG and 16.76 lakh tonnes of crude oil — asse...
Iran hits Gulf energy sites after attack on its gas field
Israel, in coordination with the United States, struck Iran's South Pars gas field — the world's largest natural gas field — targeting Phases 3, 4, 5, and 6;...
Parliament watch: Lok Sabha clears Rs 53 lakh crore spending via guillotine; no PLI payouts for solar firms, uranium projects await clearances
Lok Sabha passed the Demands for Grants for all ministries totalling over ₹53 lakh crore for Union Budget 2026-27 using the guillotine procedure on March 18,...
India extends domestic sourcing mandate to solar wafers, ingots for RE projects. How this aims at curbing Chinese imports
The Ministry of New and Renewable Energy (MNRE) has extended the Approved List of Models and Manufacturers (ALMM) framework to include solar ingots and wafer...
Cabinet approves ₹33,660 crore BHAVYA scheme to develop 100 industrial parks
The Union Cabinet approved the Bharat Audyogik Vikas Yojna (BHAVYA), allocating ₹33,660 crore to develop 100 plug-and-play industrial parks across India over...
2 lakh MT LPG, 16.7 lakh MT crude stuck in India-flagged vessels in Strait of Hormuz: Officials
Official data confirmed that 22 Indian-flagged vessels are stranded on the western side of the Strait of Hormuz, collectively carrying over 1.7 million metri...
India’s Cabinet approves ₹1,718 crore MSP support to cotton farmers for 2023–24 season
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved MSP (Minimum Support Price) funding of ₹1,718.56 crore to...
Amid supply crunch, govt offers 10% additional commercial LPG to states. But there’s a condition
Facing a domestic LPG supply crunch caused by the Strait of Hormuz closure, the Indian government has offered states a 10% additional allocation of commercia...
Cabinet approves ₹2,584 crore small hydro power scheme to boost clean energy
The Union Cabinet approved the Small Hydro Power (SHP) Development Scheme for FY 2026-27 to 2030-31 with a central outlay of ₹2,584.60 crore, targeting appro...
India to stay focussed on food stockholding solution as WTO draft sidesteps key issues
Ahead of the 14th WTO Ministerial Conference (MC14) in Yaounde, Cameroon (March 26-29, 2026), a draft text on agriculture has sidestepped India's demand for ...
Indian crude oil tanker “Jag Laadki” docks at Mundra with UAE shipment
The Indian-flagged crude oil tanker MT Jag Laadki docked at Adani Ports Mundra (Gujarat) on March 18, 2026, carrying 80,886 metric tonnes of crude oil loaded...
Fuel, fertilizer, and food: The long tail of Iran conflict for India
The ongoing West Asia conflict, triggered by US-Israeli strikes against Iran from late February 2026, has disrupted the Strait of Hormuz, through which rough...
India's semiconductor market to reach $300 billion by 2035: Deloitte report
A Deloitte report titled "Technology, Media, and Telecommunications Predictions 2026" projects India's semiconductor market will grow from approximately $45–...
Cabinet approves Rs 33,600 crore BHAVYA scheme to develop plug and play industrial parks
The Union Cabinet approved the Bharat Audyogik Vikas Yojna (BHAVYA), allocating Rs 33,660 crore for developing 100 plug-and-play industrial parks across Indi...
Cabinet approves Rs 11,712 crore MSP support for cotton in 2023-24; 7.25 lakh farmers benefit
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved ₹1,718.56 crore as reimbursement to the Cotton Corporatio...