Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Suspension of flights, shipping surcharge push exporters from south India to the edge
The suspension of Indian airline flights to West Asia — triggered by US and Israeli military strikes on Iran (late February 2026) and retaliatory Iranian thr...
Indian basmati exporters seek Covid-type relief after Iran war disrupts shipping
Indian basmati rice exporters have urged APEDA to seek Covid-type relief from the Commerce Ministry after the Israel-Iran war severely disrupted shipping rou...
Iran-Israel war grounds IndiGo’s Europe flights
IndiGo, India's largest airline, has been forced to ground its entire fleet of six Boeing 787 widebody aircraft used for European routes since February 28, 2...
Twenty-four U.S. states announce lawsuit to stop Trump’s latest global tariffs
A coalition of 24 US states, led by Oregon, California, New York, and Arizona, filed a lawsuit at the US Court of International Trade challenging President T...
Iran crisis: 60,000 tonnes of basmati rice stuck in ports, exporters seek urgent govt. aid
Approximately 60,000 tonnes of basmati rice are stuck at Indian ports unable to be shipped, while broader estimates put total stranded cargo (at ports and in...
Stranded West Asia cargo sees anchor in local market
Indian exporters are bringing back nearly half of their stranded containers from ports after the escalation of the West Asia conflict disrupted shipping rout...
Gulf conflict: LNG squeeze may impact urea output ahead of kharif season
The ongoing Gulf conflict has disrupted LNG (liquefied natural gas) flows through the Strait of Hormuz, threatening India's urea production capacity ahead of...
MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh Garg
The Ministry of Statistics and Programme Implementation (MoSPI) is set to launch a new Index of Services Production (ISP), which would track services sector ...
West Asia conflict disrupts India’s gems and jewellery trade; diamond shipments halted
The escalation of the West Asia conflict — following joint military action by the United States and Israel against Iran — has severely disrupted India's gems...
Not going, bananas: Ramzan ripe time for most-exported fruit but Iran war a spoiler
India's banana exports — the country's top fruit export — face severe disruption due to the closure of the Strait of Hormuz following the US-Iran conflict Ap...
US-India trade deal is almost at finish line: US Deputy Secretary of State Landau
US Deputy Secretary of State Christopher Landau, speaking at the Raisina Dialogue in New Delhi on March 5, 2026, stated that the US-India bilateral trade agr...
Centre may extend sector & sponsored schemes beyond April 1 amid ongoing review
Several government schemes — both Centrally Sponsored Schemes (CSS) and Central Sector Schemes (CS) — are likely to continue in their present form beyond Apr...
BEL, Bellatrix Aerospace sign MoU to develop technologies for VLEO
Bharat Electronics Limited (BEL) and Bengaluru-based startup Bellatrix Aerospace signed a Memorandum of Understanding (MoU) to jointly design, develop, and m...
BEL, Bellatrix ink pact to develop very low Earth orbit satellite systems
Bharat Electronics Limited (BEL), India's defence electronics major, signed a Memorandum of Understanding (MoU) with Bengaluru-based space technology startup...
With 25,900 quintals of rice, foodgrains arrive in Mizoram via rail for the first time
The first-ever Food Corporation of India (FCI) foodgrain cargo train arrived at Sairang Railway Station in Mizoram on 3 March 2026, carrying approximately 25...
India in talks with US on Trump’s proposal to provide risk insurance to energy cargoes transiting Strait of Hormuz
India is in active discussions with the United States regarding a Trump administration proposal to provide political risk insurance and financial guarantees ...
Strait of Hormuz disruption: Amid West Asian oil supply concerns, a few tankers with Russian crude divert to India
The Strait of Hormuz has been effectively disrupted since late February 2026 following military strikes on Iran, creating the most significant oil supply sho...
How West Asia conflict has hit India’s rice exports, left thousands of containers stuck at ports
Around 400,000 metric tonnes of Indian basmati rice are stuck in transit or at ports due to West Asia conflict disruptions, with approximately 200,000 tonnes...
Centre releases over ₹1,034 cr. to gram panchayats under 15th Finance Commission grants
The Central government has released over ₹1,034 crore to gram panchayats under the 15th Finance Commission (XV FC) grants for Rural Local Bodies (RLBs). The ...
Storage in India’s key reservoirs drops further as level in South slips below 50%
Water storage in India's key reservoirs has dropped significantly, with the southern region slipping below 50% of capacity Over 70% of the country received d...