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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
13 13

Expert Explains | Iran war: ‘Oil reserves are sufficient… LNG reserves are the greater concern’

Expert analysis indicates that India's crude oil supply is relatively more resilient to the Strait of Hormuz closure than commonly assumed — approximately 60...

GS Paper 2 GS Paper 3 Economics International Relations 4m
13 13

Explained: Changes in India’s FDI policy for Land Bordering Countries, including China, and who stands to gain

The Union Cabinet on March 10, 2026, approved amendments to the Consolidated FDI Policy relating to investments from countries sharing a land border with Ind...

GS Paper 2 GS Paper 3 Economics International Relations 4m
13 13

South Asia bets on LNG demand surge as India leads 110 mtpa import expansion

South Asia has approximately 110.7 million tonnes per annum (MTPA) of LNG import capacity in development, representing about 17% of the global total in the p...

GS Paper 3 (Energy, Infrastructure) and GS Paper 2 (International Relations) Economics Environment & Ecology 4m
13 13

Govt rethinks plan to float tenders for 1 GW wind energy projects amid weakening interest

The Indian government has reconsidered its plan to float a fresh 1 GW offshore wind energy tender, citing rising global costs and persistently weak developer...

GS Paper 3 (Infrastructure, Environment) Economics Environment & Ecology 4m
13 13

Iran says it will not close Strait of Hormuz but reserves right to protect security

Iran stated that it would not immediately close the Strait of Hormuz but explicitly reserved the right to do so under certain conditions. The statement came ...

GS1 (Geography) GS2 (International Relations) GS3 (Energy Security) International Relations Economics 4m
13 13

Global EV registrations drop 11% in February as China sales plunge 3%

Global electric vehicle (EV) registrations declined 11% in February 2025 compared to the previous month, falling to approximately 1 million units — the lowes...

GS Paper 3 (Indian Economy, Environment & Ecology) Economics Science & Technology 5m
13 13

India, Chile agree to boost cooperation in trade, investment, mineral exploration, space

India and Chile agreed to boost bilateral cooperation across trade, investment, health and pharmaceuticals, mining and mineral exploration, science and techn...

GS Paper 2 GS Paper 3 International Relations Economics 4m
13 13

Oil holds above $100 and stocks fall as Khamenei targets Hormuz

Oil prices held above $100 per barrel after Iran's new Supreme Leader (replacing Ali Khamenei, killed February 28, 2026) and senior advisors pledged to maint...

GS Paper 1 (Geography) GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Indian Economy) Economics International Relations 5m
13 13

U.S. grants India-like waiver to other countries to buy Russian oil

The US Treasury's Office of Foreign Assets Control (OFAC) issued a 30-day general licence allowing countries to purchase Russian crude oil and petroleum prod...

GS Paper 2 GS Paper 3 Economics International Relations 4m
13 13

Oil prices slightly lower after US allows all countries to purchase Russian oil for 30 days

Oil prices declined slightly from above $100/barrel after the US Treasury issued a 30-day waiver allowing entities globally — not just India — to purchase Ru...

GS Paper 3 (Indian Economy, Infrastructure — Energy) GS Paper 2 (International Relations) Economics International Relations 5m
13 13

Boiling crude pushed inflation forecast up to 4.5% for FY 27

Escalating crude oil prices — driven by the West Asia conflict (Iran war) disrupting the Strait of Hormuz — have pushed India's CPI inflation forecast for FY...

GS Paper 3 (Indian Economy, Monetary Policy, Energy Security) Economics 4m
13 13

LPG and oil crisis LIVE: Moscow piles pressure on U.S. over oil sanctions

Russia has been exerting diplomatic pressure on Washington to extend or broaden the temporary 30-day waiver on Russian oil purchases, as Moscow seeks to main...

GS Paper 2 (India's bilateral relations) GS Paper 3 (Energy security, Infrastructure) International Relations Economics 4m
13 13

Russian oil purchase allowed… for now — Scott Bessent announces ‘short-term’ licence as crude prices rise amid Iran war

US Treasury Secretary Scott Bessent announced a temporary 30-day waiver authorizing Indian refiners and other buyers to purchase Russian crude oil and petrol...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security) Economics International Relations 4m
13 13

Experts clash over HALEU-Th fuel for Indian nuclear reactors

A debate has emerged among nuclear scientists and policymakers over a proposal to use HALEU-Thorium (HALEU-Th) fuel — specifically a commercial product calle...

GS Paper 3 (Science & Technology, Indian Economy) Science & Technology Economics 5m
13 13

Goa ranks second in Niti Aayog fiscal health Index 2026 — Who is No 1?

NITI Aayog released the second annual edition of the Fiscal Health Index (FHI) 2026, measuring the fiscal health of Indian states for Financial Year 2023-24....

GS Paper 2 (Federalism, Government Policies) GS Paper 3 (Indian Economy, Public Finance) Economics Polity & Governance 4m
13 13

Electrifying industrial heat as a path to India’s thermal independence

A growing body of research and policy commentary argues that electrifying industrial process heat — replacing fossil fuel combustion in factories with electr...

GS Paper 3 (Indian Economy, Environment & Ecology) Science & Technology Economics 5m
13 13

Energy power play: India’s oil and gas strategy amid U.S.-Iran tensions

India's crude basket surged to $120 per barrel following the US-Israel strikes on Iran beginning February 28, 2026, and the effective closure of the Strait o...

GS Paper 2 GS Paper 3 Economics International Relations 4m
13 13

US begins 'unfair trade' practices probe against India & 59 other countries over forced labor

The US Trade Representative (USTR) office initiated investigations against 60 countries, including India, under Section 301(b) of the Trade Act of 1974, to d...

GS2 (International Relations, India-US) GS3 (Trade Policy, Labour Standards) International Relations Economics 5m
13 13

US calls India a 'tough negotiator'; expects New Delhi, other partners to 'honour' trade deals

US officials publicly characterised India as a "tough negotiator" while expressing expectation that New Delhi — along with other partners — would reduce trad...

GS Paper 2 GS Paper 3 International Relations Economics 4m
13 13

India’s West Asia trade artery under strain with up to $4 billion in monthly exports at risk

The ongoing West Asia conflict — centred on US-Israel strikes on Iran beginning February 28, 2026 — has disrupted key maritime routes used for India's export...

GS Paper 2 GS Paper 3 Economics International Relations 4m