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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
04 04

Israel launches new strikes as Iran squeezes key oil shipping route Strait of Hormuz

As Israel launched further rounds of airstrikes on Iranian targets, Iran's Revolutionary Guards Corps (IRGC) declared it had "complete control" of the Strait...

GS2 (International Relations) GS1 (Geography — Important Straits) International Relations Geography Economics 5m
04 04

West Asia tensions disrupt flights; airlines adjust schedules

US and Israeli military strikes on Iran on February 28, 2026, triggered sweeping airspace closures across West Asia, severely disrupting international aviati...

GS Paper 2 (India and its Neighbourhood International Organisations) GS Paper 3 (Indian Economy Infrastructure) International Relations Economics Geography 4m
04 04

Strait of Hormuz crisis explained: Impact on oil, shipping and global trade

The Strait of Hormuz — the narrow waterway connecting the Persian Gulf to the Gulf of Oman — became the centre of a global energy crisis following U.S.-Israe...

GS1 (Geography) GS3 (Energy Security Indian Economy) Geography Economics International Relations 5m
04 04

Trump says U.S. Navy could escort tankers through the Strait of Hormuz

U.S. President Donald Trump announced on his Truth Social platform that the U.S. Navy would begin escorting oil tankers through the Strait of Hormuz "as soon...

GS2 (International Relations) GS3 (Energy Security Infrastructure) International Relations Geography Economics 5m
04 04

Russia ready to meet India's energy needs if West Asia conflict drags on, says Russian Embassy official

Russia's Embassy in India, on March 4, 2026, officially stated that Russia is ready to fully meet India's energy requirements should the West Asia conflict c...

GS Paper 2 (International Relations India's Foreign Policy) GS Paper 3 (Energy Security) Economics International Relations Geography 5m
04 04

Rupee slumps 69 paise to all-time low of 92.18 against U.S. dollar in early trade

The Indian rupee slumped to an all-time low of 92.18 against the US dollar in early trade on March 3, 2026, registering a sharp decline of 69 paise from its ...

GS3 (Indian Economy Balance of Payments Monetary Policy) Economics International Relations 5m
04 04

White House weighs tanker insurance support to curb oil price surge

The White House began weighing emergency measures to stabilise oil prices following a sharp surge triggered by the U.S.-Israel strikes on Iran and the subseq...

GS3 (Indian Economy Energy Security Government Policies) Economics International Relations Geography 5m
04 04

U.S. says 2,000 targets hit as Iran retaliates across Gulf

By day 4 of the U.S.-Israel military operation against Iran, U.S. officials confirmed approximately 2,000 targets had been struck across Iranian territory. T...

GS2 (International Relations Security) GS3 (Energy Security) International Relations Economics Geography Internal Security 5m
04 04

US banks on high alert for cyberattacks as Iran war escalates

Following a joint US-Israel military offensive against Iran (Operation Epic Fury/Operation Roaring Lion, launched February 28, 2026), Iran's military command...

GS3 (Internal Security Science & Technology Economy) Internal Security Science & Technology Economics 4m
04 04

Canada PM's visit to India built strong foundation for truly renewed partnership: Modi

Canadian Prime Minister Mark Carney paid an official visit to India from February 27 to March 2, 2026 — the first bilateral visit by a Canadian Prime Ministe...

GS2 (India's Foreign Policy Bilateral Relations) GS3 (Energy Security Trade) International Relations Economics 6m
04 04

Farm worries crop up as fertiliser companies fear a gas crunch

India's fertiliser companies have raised alarms over a potential gas crunch following escalating West Asia tensions after US-Israel strikes on Iran The count...

GS Paper 3 (Agriculture Economy) Economics Geography 4m
04 04

Indian fruit, vegetable exporters a worried lot as Iran war upsets all calculations

The ongoing US-Israel-Iran conflict has severely disrupted India's agricultural export supply chains to the Middle East and Gulf region, with shipping compan...

GS2 (International Relations Bilateral Trade) GS3 (Indian Economy Agriculture Exports) Economics International Relations Geography 5m
04 04

Iran war disrupts global ocean freight and air cargo supply chains beyond oil

The U.S.-Israel military campaign against Iran (Operation Epic Fury / Operation Roaring Lion), launched February 28, 2026, has caused a supply chain disrupti...

GS3 (Indian Economy Infrastructure Logistics) Economics International Relations Geography 5m
04 04

India's services growth moderated in February as cost pressures mount, PMI shows

India's HSBC Services PMI for February 2026 came in at 58.1 (revised down slightly from an initial estimate of 58.4), below January's 58.5. New order growth ...

GS Paper 3 (Indian Economy Growth and Development Inflation) Economics 5m
04 04

Centre sanctions Rs 3,942 crore to boost digital connectivity in Chhattisgarh: CM Sai

The Centre sanctioned Rs 3,942 crore to Chhattisgarh under the Amended BharatNet Programme for rural digital connectivity. The funds will connect 11,682 gram...

GS2 (Government Policies) GS3 (Infrastructure) Polity & Governance Economics 3m
03 03

US-Israel-Iran War | On Govt table: Diaspora safety, fuel price cushion for middle class at home

The Indian government convened a Cabinet Committee on Security (CCS) meeting on the night of March 2, 2026, chaired by Prime Minister Narendra Modi, to asses...

GS2 (International Relations Diaspora) GS3 (Indian Economy Energy Security) International Relations Economics 6m
03 03

1 in 3 auctioned coal blocks miss operational deadlines

RTI data reveals that of 98 coal blocks scheduled to become operational by end-2025, only 55 are currently producing coal — meaning roughly 1 in 3 auctioned ...

GS Paper 3 (Energy Security Indian Economy Infrastructure) Economics Polity & Governance 5m
03 03

Amid West Asian conflict, 4 lakh tn basmati stuck at ports, in transit: Exporters

Approximately 4 lakh metric tonnes (400,000 MT) of Indian basmati rice is stranded at Indian ports or mid-transit as the ongoing US-Israel-Iran conflict disr...

GS3 (Agriculture Indian Economy International Trade) Economics Social Issues 5m
03 03

IBC represents legislative choice to privilege speed over exhaustive judicial scrutiny: Supreme Court judgment

The Supreme Court of India delivered a significant judgment affirming that the Insolvency and Bankruptcy Code (IBC), 2016 represents a "conscious legislative...

GS Paper 2 (Indian Constitution Judiciary) GS Paper 3 (Economy Indian Economy) Polity & Governance Economics 5m
03 03

Trump Says He’ll Cut Off Trade With Spain Over Air Base Use

US President Donald Trump directed Treasury Secretary Scott Bessent to "cut off all dealings with Spain" after Spain refused to allow the United States to us...

GS2 (Effect of Policies of Developed Countries on India's Interests International Institutions — NATO) International Relations Economics 5m
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