Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Switching to electric power has saved Railways ₹6,000 crore: Vaishnaw in Lok Sabha
Railway Minister Ashwini Vaishnaw, responding to a debate on Demands for Grants for the Railway Ministry in Lok Sabha, stated that the switch from diesel to ...
CMFRI launches deep-sea expedition to study seamount fisheries in Arabian Sea
The Central Marine Fisheries Research Institute (CMFRI), under ICAR, has launched a two-year deep-sea research programme worth Rs 4.986 crore to explore fish...
Government Ensures Seamless Grid Integration for Renewable Energy Through Strong ISTS Framework
The Ministry of Power affirmed that the Inter-State Transmission System (ISTS) framework, governed by the Central Electricity Regulatory Commission (CERC) un...
U.S. does ‘not need’ help from allies on Iran, says Donald Trump
US President Donald Trump declared that the United States does "not need" the help of allies to manage the Iran conflict, even as he simultaneously pressured...
LPG consumption slumps 17% in March on war-related shortages
LPG consumption in India fell to 1.147 million tonnes in the first fortnight of March 2026 — a 17.3% decline from the 1.387 million tonnes consumed in the sa...
Health insurance priority for government, to cover all by 2033: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman stated that health insurance is a government priority and that India aims to achieve universal health insurance coverage ...
Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient
A Parliamentary Standing Committee has urged an immediate review of the minimum monthly pension under the Employees' Pension Scheme (EPS), 1995, calling the ...
Govt gets Parliament nod for Rs 2.01 lakh crore additional spending in FY26
Parliament gave its approval for ₹2.01 lakh crore in additional net expenditure for Financial Year 2025–26 when the Rajya Sabha returned the Appropriation Bi...
Rs 39.48 lakh cr sanctioned so far under PM-MUDRA, NPAs at around 2 pc: FM Sitharaman
Finance Minister Nirmala Sitharaman informed the Rajya Sabha on March 17, 2026, that a cumulative ₹39.48 lakh crore has been sanctioned under Pradhan Mantri ...
Second LPG tanker reaches India from war zone; efforts on to get back 22 stranded vessels
A second Indian-flagged LPG tanker, MV Nanda Devi, reached Kandla port in Gujarat after safely transiting the Strait of Hormuz — the first vessel, MV Shivali...
Oil shock: Panel urges Finance Ministry to craft strategic energy mitigation framework
The Standing Committee on Finance, headed by senior BJP leader Bhartruhari Mahtab, has recommended that the Department of Economic Affairs (DEA) under the Fi...
What's key to India's forex defence? Patra suggests it's $1 trillion buffer
Former RBI Deputy Governor Michael Patra, in an article published on BasisPoint Insight, advocated that India should build its foreign exchange (forex) reser...
India growth outlook dims as oil tops $100, gas crisis deepens
Goldman Sachs cut its India growth forecast for the fiscal year starting April 2026 (FY2027) by half a percentage point to 6.5%, becoming the first major age...
Issue of high trade margins in essential medical devices
The government acknowledged the problem of high trade margins in medical devices included in the National List of Essential Medicines (NLEM), where the NPPA ...
Affordable medicines and regulation of private hospitals
The government reaffirmed that drug prices in India are regulated under the Drugs (Prices Control) Order, 2013 (DPCO 2013), issued under the Essential Commod...
India oilmeal exports hit by US-Iran conflict, Red Sea disruptions
Escalating US-Iran military tensions in 2026 — including effective closure of the Strait of Hormuz by Iran — are severely disrupting India's oilmeal exports,...
Parliamentary panel urges a 'golden share' strategy to protect PSU autonomy if state stakes fall below 51%
A Parliamentary Standing Committee urged the government to finalize a "golden share" strategy to protect Public Sector Undertaking (PSU) autonomy when govern...
National Integrated Policy for Fishing Community
The Department of Fisheries affirmed in Parliament that it is implementing the Pradhan Mantri Matsya Sampada Yojana (PMMSY) as the flagship scheme for a "Blu...
Biopharma SHAKTI Scheme
The Government has formally launched the Biopharma SHAKTI scheme with a total outlay of ₹10,000 crore over five years, announced initially in Union Budget 20...
“Guarantee of both income and security for farmers”: Union Agriculture Minister Shri Shivraj Singh Chouhan tells in Lok Sabha
Union Minister for Agriculture and Farmers Welfare informed the Lok Sabha that the government has accorded highest priority to farmers' income and security t...