Economics
Trade, fiscal policy, banking, agriculture and economic indicators
WTO meet: India pushes tech transfer to boost developing nations’ trade
At a WTO committee meeting ahead of the 14th Ministerial Conference (MC14) scheduled in Yaoundé, Cameroon in March 2026, India pushed for mandatory technolog...
PM Modi calls for export push, puts biopharma at centre stage
Prime Minister Modi, addressing a post-Budget webinar on "Sustaining and Strengthening Economic Growth," called on industry and MSMEs to "build more, produce...
West Asia crisis: 38 Indian ships stuck in Persian Gulf; 3 sailors dead
Approximately 38 Indian-flagged vessels carrying over 1,100 Indian sailors are stranded in the Persian Gulf and Gulf of Oman following the disruption of the ...
Middle East tensions: Have critical stakes in Gulf, will act in national interest, says government
As West Asia conflict escalates following the killing of Iranian Supreme Leader Khamenei in a US-Israeli airstrike and Iran's retaliatory missile strikes, In...
India-UK trade deal faces challenges amid West Asia conflict
The India-UK Comprehensive Economic and Trade Agreement (CETA), signed in July 2025, faces implementation challenges as the West Asia conflict disrupts the p...
West Asia crisis: India in ‘reasonably comfortable’ position on oil stockpile, current inventory enough for 6-8 weeks
The Government of India confirmed that the country holds sufficient crude oil and fuel stocks to meet domestic demand for 6–8 weeks, providing a buffer again...
Over 250 flights cancelled across Indian airports today amid Gulf crisis
Over 250 flights were cancelled across Indian airports on March 3, 2026, as the West Asia conflict caused widespread airspace closures across Iran, Israel, I...
War in West Asia: Why basmati rice exporters from Punjab and Haryana are in crisis
Basmati rice exporters in Punjab and Haryana — which together account for the bulk of India's basmati production — are in acute crisis following the escalati...
West Asia war impact: Insurers jack up hull, cargo premiums, withdraw war risk cover
Following US-Israeli strikes on Iran and the resulting West Asia conflict, global reinsurers issued Notices of Cancellation (NOC) under standard 7-day war cl...
Government sets up inter-ministerial panel to monitor and take action on Iran war trade impact
The Government of India announced the formation of an inter-ministerial group on March 3, 2026, to monitor the escalating West Asia conflict and assess its i...
‘India has 25 days of crude oil in reserve and 25 days of petrol, diesel stock’
The Indian government disclosed that India holds approximately 25 days of crude oil in commercial and strategic reserves, and an additional 25 days of refine...
India's 100 million barrel crude stocks could cover 40-45 days if Hormuz flows disrupted
India holds approximately 100 million barrels of combined crude oil stocks — spanning strategic petroleum reserves (SPR), commercial refinery inventories, an...
Iran-U.S. strike: Oil price shock may increase India CAD, say experts
US-Israeli strikes on Iran (Operation Epic Fury, late February 2026) triggered a 10–13% spike in Brent crude prices to approximately $80–82 per barrel by ear...
West Asia tensions may cloud India’s coffee export momentum
India's coffee exports reached a record approximately $1.81 billion in FY25, continuing a four-year growth streak driven by rising global demand for Indian A...
Gas and oil prices soar and shares tumble on fears conflict could escalate
Following US-Israel strikes on Iran on February 28, 2026, global crude oil and natural gas prices surged sharply, with Brent crude jumping 10–13% to around $...
Conflict in West Asia disrupts gems and jewellery trade; Surat exporters raise concerns
The West Asia conflict, which escalated sharply from late February 2026, has severely disrupted India's gems and jewellery trade, with Surat — the world's pr...
Study finds climate-resilient traits in wild ‘Sikkim banana’
Researchers at Nagaland University published a study titled "Exploring the Genetic Diversity of Musa sikkimensis Land Races in Nagaland, India" in the peer-r...
US trade report acknowledges gaps in India-US trade deal talks
The United States Trade Representative (USTR) released its annual trade report acknowledging significant gaps in the India-US Bilateral Trade Agreement (BTA)...
West Asia conflict: 37 Indian-flagged ships with 1,109 sailors stuck in Persian Gulf, Gulf of Oman
A total of 37 Indian-flagged ships with 1,109 sailors are stuck in the Persian Gulf, the Gulf of Oman, and adjoining sea areas following the closure of the S...
Paturu handloom cluster revival to benefit 200 weaver families
A revival initiative for the Paturu handloom cluster in Nellore district, Andhra Pradesh, has been announced to benefit approximately 200 weaver families eng...