Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Congress questions Centre over U.S. ‘blackmail’ after 30-day waiver on Russian oil purchase
The Trump administration's Treasury Department issued a general license granting a 30-day temporary waiver allowing Indian refiners to purchase Russian crude...
U.S. issues 30-day waiver to allow India to purchase Russian oil amid West Asian supply woes
US Treasury Secretary Scott Bessent announced a 30-day waiver — issued as Russia-related General License 133 by OFAC (Office of Foreign Assets Control) — all...
West Asia supply hit, US ‘allows’ 30-day waiver to India for purchase of Russian oil stranded at sea
The US Treasury issued a 30-day licence (effective 5 March – 4 April 2026) permitting Indian refiners to purchase Russian crude oil sitting on tankers at sea...
Need to make agricultural products export-oriented, globally-competitive: PM Modi
Prime Minister Narendra Modi called for making India's agricultural products export-oriented and globally competitive, urging farmers and agri-businesses to ...
India becoming tech ambitious agri-insurance market globally, says EDME insurance brokers’ official
India is now recognized as the most technologically ambitious agricultural insurance market globally, anchored by the Pradhan Mantri Fasal Bima Yojana (PMFBY...
U.S. “allowing” India to import Russian oil will help mitigate price spikes and delays, say analysts
US Treasury Secretary Scott Bessent announced a 30-day waiver allowing India to purchase Russian crude oil currently stranded at sea, covering transactions f...
US grants India 30-day waiver to purchase Russian oil amid Iran's blockade of Strait of Hormuz
The US Treasury Department issued a 30-day sanctions waiver — General License 133 — permitting Indian refiners to receive Russian crude oil already loaded on...
India in touch with multilateral agencies, U.S. DFC for shipping insurance, to shield impact on fuel supplies
India is in active talks with the International Energy Agency (IEA) and oil-producing country ministers to secure fuel supply continuity amid the ongoing US-...
IMF chief says ready to act if countries crippled by Middle East conflict need help — ‘We recognise our responsibility’
IMF Managing Director Kristalina Georgieva declared the Fund's readiness to assist countries facing balance of payments crises due to the Middle East conflic...
Centre asks refiners to prioritise Propane, Butane streams for LPG production
The Ministry of Petroleum and Natural Gas issued a directive on March 5, 2026, compelling all oil refiners to maximise production of propane and butane strea...
Karnataka Budget 2026-27: Chief Minister Siddaramaiah presents his 17th budget, with an outlay of ₹4,48,004 crore
Chief Minister Siddaramaiah presented Karnataka's Budget 2026-27 with a total outlay of ₹4,48,004 crore — his record 17th state budget, the most by any finan...
Oil slips as US grants 30-day waiver for Indian refiners to buy stranded Russian crude
The US Treasury Department, through its Office of Foreign Assets Control (OFAC), issued a 30-day waiver on March 6, 2026, allowing Indian refiners to purchas...
'Do we need permission from US?': Congress questions Centre over sovereignty as US allows waiver to buy Russian oil
An opposition Congress MP raised questions about India's sovereignty after the United States granted a 30-day waiver allowing India to purchase Russian oil s...
Millions of barrels of Russian oil are already close to India
The US Treasury Department issued a 30-day waiver on March 5, 2026 allowing the sale and delivery of sanctioned Russian oil already loaded on vessels to Indi...
Agriculture a strategic pillar for India’s long-term growth: PM Narendra Modi
Prime Minister Narendra Modi reiterated that agriculture is a "strategic pillar" for India's long-term economic growth, not merely a subsistence sector. The ...
West Asia crisis could raise energy risks for India but domestic flows, growth outlook remain resilient: Jefferies
Global brokerage Jefferies warned that the West Asia crisis could raise near-term energy risks for India via higher oil prices and supply disruptions, partic...
Oil option price volatility doubled to $80 in two months: Experts
Oil options price volatility doubled to $80 over a two-month period, reflecting extreme uncertainty in global energy markets amid the West Asia conflict. Exp...
With digitalisation and sustainability in focus, India, Finland elevate bilateral ties to strategic partnership
India and Finland elevated bilateral ties to a Strategic Partnership in Digitalisation and Sustainability during Finnish President Alexander Stubb's visit to...
War can impact up to ₹5,000 cr. of pharma exports, disrupt supply chain
The ongoing US-Iran war in West Asia threatens up to Rs 5,000 crore of India's pharmaceutical exports to the region due to surging freight costs and maritime...
The hidden price of being a woman
Analysis highlights the systemic "pink tax" -- a phenomenon where products marketed to women are priced higher than functionally identical products for men, ...