Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Trade bodies flag impact of West Asia crisis on trade-driven Karnataka
Karnataka trade and export bodies have raised the alarm over the severe impact of the West Asia conflict on the state's trade ecosystem, with many Kannadiga ...
Southern states allege GST bias, project neglect
Southern states — primarily Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana — have renewed allegations of systematic bias in GST revenue devolut...
West Asia crisis: 1,500 flights cancelled in four days, Air India to add capacity on key long routes
The escalating West Asia conflict caused the cancellation of approximately 1,500 flights in just four days as Iran launched retaliatory attacks that triggere...
Tensions in West Asia: Apparel exporters in troubled waters
India's apparel and textile exporters are facing a severe crisis as the West Asia conflict — triggered by US-Israeli strikes on Iran and subsequent regional ...
Road ministry proposes Centre’s authority to set speed limits for NHs
The Ministry of Road Transport and Highways (MoRTH) has proposed amendments to the Motor Vehicles Act, 1988 that would vest exclusive authority in the Centra...
West Asia conflict hits India’s LNG supplies as Petronet, QatarEnergy issue force majeure notices; Petronet stock plummets
Petronet LNG Ltd — India's largest LNG importer — issued force majeure notices to QatarEnergy and to its domestic off-takers (GAIL, Indian Oil Corporation, a...
IRDAI sets April 1 deadline for insurers to adopt Indian Accounting Standards
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that all insurers — life, general, health, and reinsurers — must adopt India...
War hits Indian rice shipments to west Asian destinations
The West Asia conflict has severely disrupted Indian rice exports, particularly basmati rice, to the Gulf and wider West Asian region, which collectively acc...
War puts India’s oil, gas imports under stress
The escalating West Asia conflict has severely disrupted India's oil and gas import supply chains, with the Strait of Hormuz effectively closed to regular co...
Decoding Iran’s energy sector: Surviving without thriving under sanctions regime
With the US-Israel military campaign targeting Iran directly in 2026, global attention turned to Iran's oil sector — long crippled by sanctions but never ful...
Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day
The Strait of Hormuz shipping shutdown entered its fifth consecutive day on March 4, 2026, after a US strike on the Iranian warship IRIS Dena off Sri Lanka d...
Swiss shipping firm MSC diverts all Gulf-bound cargo to safe ports; slaps deviation fee of $800 per container
Mediterranean Shipping Company (MSC), the world's largest ocean carrier by capacity, declared an "End of Voyage" for all shipments destined for Middle East G...
MIHAN project generates 1.27 lakh jobs, 120 firms invest in Nagpur hub
Maharashtra Cabinet Minister Ashish Shelar informed the Maharashtra State Assembly that the MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur)...
India may face acute cooking gas shortage amid Iran crisis: Here’s all you need to know
As the Iran-U.S.-Israel conflict escalated in early March 2026, analysts and industry sources warned that India — the world's second-largest LPG importer — f...
West Asia conflict halts Maharashtra grape exports, 16,000 tonnes at risk
Approximately 16,000 tonnes of Maharashtra grapes destined for West Asian markets are stranded, with shipments halted following the outbreak of the US-Israel...
Modified UDAN scheme to focus on airport sustainability and extended VGF support
The government has announced modifications to the UDAN (Ude Desh ka Aam Nagrik) regional connectivity scheme, with a ₹30,000-crore proposed outlay, focusing ...
West Asia turmoil drags stock markets; Sensex tumbles 1,123 points, Nifty dives 1.55%
The 30-share BSE Sensex tumbled 1,122.66 points (1.40%) in its fourth consecutive losing session on 4 March 2026, with the NSE Nifty 50 falling approximately...
Urea, DAP prices surge amid Gulf tensions and supply concerns
Global urea and DAP (Di-Ammonium Phosphate) fertilizer prices have surged as rising crude oil and LNG prices — driven by the West Asia conflict and Strait of...
MRPL declares force majeure on gasoline export cargoes for March, April, traders say
Mangalore Refinery and Petrochemicals Limited (MRPL), a state-run refiner, declared force majeure on all gasoline (petrol) export cargoes for March and April...
Rupee slumps to all-time low of 92.16 against U.S. dollar
The Indian rupee fell to an all-time low of 92.16 per US dollar on March 4, 2026, as the Iran conflict triggered a global risk-off sentiment and drove safe-h...