Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India’s wholesale inflation rises to 11-month high of 2.13% in February
India's Wholesale Price Index (WPI)-based inflation rose to 2.13% in February 2026 (year-on-year, provisional), up from 1.81% in January 2026 — the highest r...
Flashpoint at WTO: India set to oppose US proposal seeking permanent ban on e-transmission duties
At the 14th WTO Ministerial Conference (MC14) in Yaoundé, Cameroon (March 26–29, 2026), the United States is pushing for a permanent ban on customs duties on...
Macro impact of crude oil price of up to $90/bbl ‘almost insignificant’: CEA to Parliamentary panel
Chief Economic Adviser (CEA) V. Anantha Nageswaran, appearing before the Parliamentary Standing Committee on Finance on 2 March 2026, stated that crude oil p...
A bit of a blur over India’s new carbon credit plan
India's Carbon Credit Trading Scheme (CCTS), notified in June 2023 under the Energy Conservation (Amendment) Act 2022, has drawn criticism for lacking strate...
Low on gas: Fertilizer shortage looms ahead of India’s kharif season
India faces a potential fertilizer supply crunch ahead of the kharif season (June–September) as LNG flows from West Asia have been disrupted, forcing several...
Why heirs of dead depositors can’t be told about unclaimed funds, SC asks govt.
The Supreme Court questioned the Union Government and the Reserve Bank of India (RBI) on why information about money held in dormant or inoperative accounts ...
India engaged with US, working with industry to mitigate tariff impact: Govt to Parliament
The Indian government informed Parliament that India remains actively engaged with the United States on trade negotiations and is working with industry stake...
Parliament Watch: Panel flags oil shock risks, CPSE crisis; govt updates on US tariffs, repo, Panama leaks
The Parliamentary Standing Committee on Finance, chaired by senior BJP leader Bhartruhari Mahtab, tabled its report on Demands for Grants (2026-27) of the Mi...
Crude oil prices shoot above $103 per barrel as Iran war supply disruption continues; India’s petrol, diesel prices stable
Crude oil prices have surged above $103 per barrel — the first time in four years Brent has crossed the $100 threshold — as the US-Israel war on Iran (commen...
Centre writes to states to help expedite piped natural gas network expansion amid LPG supply squeeze
The Ministry of Petroleum and Natural Gas has written to state governments and Union Territories urging them to expedite approvals and remove procedural bott...
CEA warns $130 crude could cut India’s GDP growth by 1%
Chief Economic Adviser (CEA) V. Anantha Nageswaran appeared before the Parliamentary Standing Committee on Finance on March 2, 2026, and warned that if crude...
Watch: US-China summit delayed: Trump cites War, Hormuz tensions
President Donald Trump has sought to delay a planned summit with Chinese President Xi Jinping — originally scheduled for late March/early April — as the Unit...
WTO MC14: India opposes US bid for permanent ban on e-commerce duty
At the 14th WTO Ministerial Conference (MC14), being held in Yaoundé, Cameroon (March 26–29, 2026), India opposed the United States' bid for a permanent ban ...
West Asia conflict: Sharp drop in flight services to Dubai
Flight services to Dubai have fallen sharply as the UAE has repeatedly imposed temporary airspace closures in response to Iranian missile and drone strikes t...
India in talks with Iran for safe passage of 2.7 lt LPG via Strait of Hormuz
India is conducting diplomatic negotiations with Iran to secure safe passage for six LPG carriers idling in the Persian Gulf west of the Strait of Hormuz, co...
Hormuz disruption: CBIC allows BTT clearance for cargo loaded at one port, offloaded at another
The Central Board of Indirect Taxes and Customs (CBIC) issued an emergency circular allowing "Back to Town" (BTT) clearance for export cargo that was origina...
Parliamentary panel rebukes Ministry of Planning, Niti Aayog for poor financial management
The Standing Committee on Finance, headed by BJP MP Bhartruhari Mahtab, formally rebuked the Ministry of Planning and Niti Aayog for "amateur planning" — spe...
Use LPG judiciously, consider alternatives wherever possible—Govt amid supply crunch & shipping delays
The Union government has issued a public advisory urging households to "use LPG judiciously, consider alternatives wherever possible" as 22 Indian-flagged ve...
India aims for universal health insurance by 2033, says Finance Minister
Finance Minister Nirmala Sitharaman has reiterated that achieving universal health insurance coverage is a government priority, with a target year of 2033. I...
Create strategic energy mitigation framework to protect economy from oil shocks: Panel to FinMin
A Parliamentary Standing Committee on Finance tabled its report on Demands for Grants (2026-27) of the Ministry of Finance, recommending that the Department ...