Economics
Trade, fiscal policy, banking, agriculture and economic indicators
US-owned oil tanker set ablaze in attack in Iraq, Indian crew dead; another ship hit
A US-owned oil tanker, Safesea Vishnu, sailing under the Marshall Islands flag, was attacked near Basra in Iraq while conducting a fuel cargo transfer at Umm...
Gulf crisis: Strait of Hormuz safe passage for ships discussed with Iran, says government
External Affairs Minister S. Jaishankar discussed safe passage for commercial shipping through the Strait of Hormuz with his Iranian counterpart Seyed Araghc...
US initiates Section 301 probe against India, China, 14 others
The US Trade Representative (USTR) initiated Section 301 investigations against 16 economies — including India, China, the EU, Japan, South Korea, Vietnam, M...
LPG imports hit, Govt pushes kerosene, coal as options
The West Asia conflict has disrupted maritime traffic through the Strait of Hormuz, severely impacting India's LPG imports — roughly 55% of India's total LPG...
Insurance underwriters say fear brought shipping to a halt, not coverage
Insurance underwriters confirmed on March 12, 2026 that commercial shipping through the Strait of Hormuz had effectively halted not because of unavailable in...
Arbitrary and opaque: On the Employees’ Pension Scheme 2026
The EPFO's Central Board of Trustees (CBT) approved the Employees' Pension Scheme (EPS) 2026 on March 2, 2026, replacing the EPS 1995 scheme. The new scheme ...
India recieved requests for energy supplies from Bangladesh, Sri Lanka and Maldives, says MEA
India received formal requests from Bangladesh and Sri Lanka for emergency energy supplies as the West Asia conflict disrupted global oil and gas supply chai...
Reports of Iran allowing Indian ships through Strait of Hormuz ‘premature’: Centre
The Ministry of External Affairs (MEA) cautioned that media reports suggesting Iran had agreed to allow Indian ships through the Strait of Hormuz were "prema...
West Asia conflict: Saudi oil tanker reaches Mumbai after crossing Strait of Hormuz
A Liberia-flagged oil tanker, Shenlong, managed by Dynacom and carrying approximately one million barrels of crude oil, sailed from Ras Tanura port in Saudi ...
Lacking long-term storage, India must rely on imports to manage LPG supply
In 2024–25, India's domestic LPG production stood at approximately 13 million tonnes while consumption was around 31 million tonnes — a gap of 18 million ton...
No shortage of fuel in country, says government
The Union Minister for Petroleum and Natural Gas stated in Parliament that India faces no shortage of petrol, diesel, kerosene, aviation turbine fuel (ATF), ...
India calls for increased use of kerosene, coal, biomass amid gas supply squeeze
The Central Government increased kerosene allocation to states by 48,000 kilolitres per quarter to support low-income households hit by the LPG supply squeez...
Parliament Watch: Faster rooftop solar rollout, stress test for I-T portal, faster smart meters
A Parliamentary Standing Committee report on the Ministry of New and Renewable Energy's 2026-27 demands for grants flagged slow progress in the PM Surya Ghar...
India, Chile agree to boost cooperation in trade, investment, mineral exploration, space
Minister of State for External Affairs Kirti Vardhan Singh visited Chile from 10–12 March 2026, representing India at the inauguration of new Chilean Preside...
Retail inflation climbs to 3.21% in February
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 3.21% in February 2026, up from 2.74% in January 2026 — the fastest pace in 11 ...
Inflation rose to 3.21% in February, but US-Israel-Iran war impact yet to be felt
India's retail inflation (CPI-based) rose to 3.21% in February 2026 from 2.74% in January, as measured under the newly introduced CPI series with base year 2...
Two oil tankers arrive in India after transiting Strait of Hormuz, ignite hopes of more energy shipments in coming days
Two oil tankers successfully transited the war-hit Strait of Hormuz and arrived at Indian ports, kindling hopes that energy shipments through the world's mos...
Parliamentary panel sounds alarm as urban development budget hits five-year low
The Parliamentary Standing Committee on Housing and Urban Affairs, chaired by Magunta Sreenivasulu Reddy (TDP), presented a report in Lok Sabha on March 12, ...
Delhi in talks with Tehran to let India-bound fuel ships pass
The Government of India is in active talks with Iran to secure safe passage for India-bound fuel tankers through the Strait of Hormuz Over 20 tankers carryin...
Rupee, inflation, growth: How global energy shock threatens India’s Goldilocks era
The West Asia conflict-driven energy shock is creating a multi-channel threat to India's macroeconomic stability: the rupee has depreciated to an all-time lo...