Economics
Trade, fiscal policy, banking, agriculture and economic indicators
West Asia flight suspensions strand export cargo; trade seeks demurrage waiver
The suspension of commercial flights over Iran, Iraq, and parts of the Gulf region has caused significant disruption to India's air cargo exports, leaving co...
Indian edible oil sector turn cautious amid Iran crisis; oilmeals shipments may be hit
India's edible oil and oilmeals sector has shifted into a cautious "wait-and-watch" mode following the US-Israel strikes on Iran and Iran's retaliatory attac...
West Asia tensions trigger déjà vu crisis for Indian cashew industry
The escalation of the US-Israel-Iran conflict has disrupted India's cashew industry, which depends heavily on West Asian markets for exports and on West Afri...
Modi meets Canadian PM Mark Carney in Delhi, delegation-level talks today
Prime Minister Narendra Modi held delegation-level talks with Canadian Prime Minister Mark Carney in New Delhi on March 2, 2026, marking a historic inflectio...
Indian buyers may find pistachios, figs and raisins pricey following Gulf crisis
The Iran-US-Israel conflict that erupted in late February 2026 is disrupting India's imports of dry fruits and nuts — principally pistachios, figs, raisins, ...
Escalating hostilities in West Asia risk renewed energy, inflation shocks: Moody’s
The escalating Iran-US-Israel conflict, which began in late February 2026, is threatening to trigger a major global energy shock — sending oil and gas prices...
Govt holds multi-agency meeting with exporters to review disruptions due to West Asia crisis
The Indian government convened a multi-ministry meeting with export councils and trade bodies to assess the impact of the West Asia conflict on Indian trade ...
India, Canada forge CAD $2.6 billion uranium deal; target year-end trade pact
Canadian Prime Minister Mark Carney visited India (Mumbai and New Delhi) in late February–early March 2026 for his first official bilateral visit — a landmar...
Extended closure of Strait of Hormuz to push India towards floating Russian crude at sea
Analysts and oil industry sources have flagged that an extended closure of the Strait of Hormuz would push India toward using floating storage of crude oil —...
Indian shipowners seek Centre’s help for safe passage through Hormuz Strait
Indian shipping companies have approached the central government seeking support for ensuring safe passage of their vessels through the Strait of Hormuz, as ...
SEBI presses banks, other regulators for stricter insider trading enforcement, says chief
SEBI Chairperson Tuhin Kanta Pandey has pressed banks, the Reserve Bank of India (RBI), and other financial regulators to adopt stricter norms for preventing...
West Asia Crisis: Commerce dept meets stakeholders to assess, ease trade disruptions
India's Commerce Ministry convened a meeting with exporters, industry associations, and logistics players to assess the impact of the West Asia crisis on Ind...
Travel chaos worsens as Iran conflict shuts key Middle-East airports
The Iran-US-Israel conflict that erupted in late February 2026 triggered precautionary airspace closures across a vast region — Iran, Iraq, Syria, Israel, Qa...
India’s oil imports from Russia fell to 44-month low in January 2026, Gulf countries saw rising share
India's crude oil imports from Russia fell to a 44-month low in January 2026, with Russian oil accounting for only 21.2% of India's total crude imports — the...
Iran strikes disrupt thousands of flights; Dubai airport damaged
Iran launched 137 missiles and 209 drones across the UAE on or around February 28, 2026, in retaliation for US-Israeli strikes on Iranian targets. Dubai Inte...
Gulf tensions may push India’s fertilizer subsidy bill higher
The escalating West Asia conflict — following US-Israel strikes on Iran — threatens to significantly increase India's fertiliser subsidy bill by raising natu...
Manufacturing activity surges at fastest pace in four months in February: PMI survey shows
India's manufacturing sector expanded at its fastest pace in four months in February 2026, according to the S&P Global/HSBC India Manufacturing Purchasing Ma...
CMA CGM imposes up to $4,000 emergency surcharge amid US-Iran conflict
French shipping giant CMA CGM — the world's third-largest container shipping line — imposed an Emergency Conflict Surcharge (ECS) effective March 2, 2026, in...
EPFO retains interest rate at 8.25% for 2025-26
The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) approved an interest rate of 8.25% per annum on EPF deposits for 202...
Vessel traffic through Strait of Hormuz drops amid West Asia tensions
Vessel traffic through the Strait of Hormuz fell by approximately 81% in the first days of March 2026 compared to normal levels, following the dramatic escal...