Economics
Trade, fiscal policy, banking, agriculture and economic indicators
After thaw, bonhomie: Carney, Modi sign $2.6bn uranium deal
Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi held a bilateral summit, signing a $2.6 billion (CAD) uranium supply deal and lau...
Iran war: Global inflation expected to pick up, survey shows
A Bloomberg survey of economists (released early March 2026) found that inflation around the world is expected to accelerate due to the Iran war, even as GDP...
Ongoing West Asia conflict to discourage investment into India, offset trade deal positives: BMI
The escalating US-Israel-Iran conflict in West Asia risks discouraging foreign direct investment (FDI) into India and offsetting the expected economic benefi...
Crude steadies after 10% spike, but Hormuz risks keep India on edge
Crude oil prices spiked approximately 10% following Iran's threat to close the Strait of Hormuz after US-Israeli military strikes on Iranian targets, then pa...
Ongoing Middle East conflict to discourage investment into India, offset trade deal positives: BMI
Research and analytics firm BMI (a Fitch Group company) warned that the escalating conflict in the Middle East could discourage foreign investment flows into...
World’s top container carriers revise sailings to avoid the Middle-East
Following US and Israeli military strikes on Iran (late February/early March 2026), the world's top container shipping lines — including Maersk and CMA CGM —...
PM Modi urges industry to ramp up investment, prioritise research to scale up manufacturing
Prime Minister Narendra Modi addressed industry leaders at a post-Budget webinar series (March 2026), urging Indian firms to substantially ramp up investment...
China's economic ambitions hit limits to growth as its National Congress meets
China's National People's Congress (NPC) convened in Beijing on March 4, 2026, drawing approximately 3,000 delegates; the session is expected to run for abou...
Oil price surge just one symptom of supply chain network that isn't fit for this age of global tensions
Coordinated US-Israeli strikes on Iranian military and nuclear infrastructure on 28 February 2026 triggered a sharp rise in global oil prices, with Brent cru...
Airline ticket prices soar on Asia-Europe routes after Gulf airport closures
Following the outbreak of the US-Israel war against Iran on February 28, 2026, major Gulf aviation hubs — including Dubai International Airport (the world's ...
Oil rises as expanding U.S.-Israeli conflict with Iran elevates supply risks
Following US-Israeli military strikes on Iran, the Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz and warned that any...
Despite downward revision in nominal GDP, India's fiscal dynamics remain comfortable: UBI Report
Following a revision of India's GDP base year from 2011–12 to 2022–23, the nominal GDP for FY2026 was placed at Rs 347 lakh crore — approximately Rs 10 lakh ...
ADB to channel $1.2 bn into India’s clean transition in 2026
The Asian Development Bank (ADB) announced plans to channel $1.2 billion into India's clean energy transition in calendar year 2026, continuing its role as I...
View: For India, much more at stake than just oil this time
Following joint US-Israeli military strikes on Iran in late February 2026, including the reported killing of Iran's Supreme Leader, Iran has threatened to cl...
Israel-Iran war to discourage investment into India, offset trade deal positives: BMI
The escalating Israel-Iran conflict — following coordinated US-Israeli strikes on Iranian military and nuclear infrastructure in late February 2026 — is expe...
India's manufacturing sector activity growth jumps to 4-month high in February: Purchasing Managers' Index
India's Manufacturing Purchasing Managers' Index (PMI) rose to 56.9 in February 2026, up from 55.4 in January — the highest reading in four months (since Oct...
New reality: On new series of national accounts data
On February 27, 2026, the Ministry of Statistics and Programme Implementation (MoSPI) released a new series of GDP estimates shifting India's base year from ...
The waning sheen: On prices, GST rationalisation
India's GST Council undertook a major rationalisation of the GST rate structure in September 2025, collapsing the earlier four-slab system (5%, 12%, 18%, 28%...
Iran-US-Israel war rattles financial markets, trade corridors
The Iran-US-Israel conflict — triggered by coordinated airstrikes on Tehran including the reported killing of Supreme Leader Khamenei — sent immediate shockw...
PF Board recommends retaining interest rate at 8.25%
EPFO's Central Board of Trustees (CBT) recommended retaining the interest rate on Employees' Provident Fund (EPF) deposits at 8.25% per annum for 2025-26 — u...