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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
11 11

India displaces China as largest exporter of cotton products to US in 2025

India has displaced China to become the largest exporter of cotton products — including apparel, yarn, and home textiles — to the United States in 2025, acco...

GS3 Economics International Relations 3m
11 11

India’s crude oil supply is secure, assures government

The Indian government assured Parliament that crude oil and petroleum product supplies remain secure despite the ongoing West Asia conflict, which has disrup...

GS2 GS3 Economics International Relations 3m
11 11

FDI in rare earth magnets, advanced battery components from land border countries part of fast-track approval list

The Union Cabinet's March 10, 2026 amendment to Press Note 3 of 2020 specifically includes FDI proposals in rare earth permanent magnets, rare earth processi...

GS3 (Indian Economy, Industrial Policy, Critical Minerals) GS2 (India's Foreign Policy) Economics International Relations 6m
11 11

India’s defence shift: Rising capex, falling imports

India's defence expenditure data for recent years reveals a sustained structural shift: capital expenditure (capex) — spending on new equipment, platforms, a...

GS3 Internal Security Economics 5m
11 11

LPG crisis fuels fear of loss of livelihood, food scarcity in Kerala

Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...

GS Paper 2 (India's Foreign Policy, Geopolitics) GS Paper 3 (Energy Security, Infrastructure, Disaster Management) Economics Social Issues 7m
11 11

India-bound Thai-flagged cargo ship attacked in Strait of Hormuz

On March 11, 2026, a Thai-flagged bulk carrier, the MV Mayuree Naree (178 metres long, 30,000 tonne displacement), was attacked while transiting the Strait o...

GS2 (International Relations, Maritime Security) GS3 (Energy Security) International Relations Economics 5m
11 11

India ready for ‘unprecedented demand for coal,’ says Coal ministry

Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...

GS Paper 2 (India's Foreign Policy, Geopolitics) GS Paper 3 (Energy Security, Infrastructure, Disaster Management) Economics International Relations 7m
11 11

Indian OMCs, GAIL face narrower buffers from prolonged Iran shock: Fitch

Credit rating agency Fitch issued a warning that Indian oil marketing companies (OMCs) — IOC, BPCL, and HPCL — and gas transmission company GAIL face "narrow...

GS3 (Indian Economy, Energy, Infrastructure) GS2 (International Relations) Economics International Relations 5m
11 11

India’s Russian crude imports approach pre-Trump sanction levels amid Hormuz disruptions & US ‘waiver’

India's Russian crude oil imports have surged sharply in March 2026, approaching and potentially exceeding volumes seen before the Trump administration impos...

GS2 (India's Foreign Policy) GS3 (Energy Security, Indian Economy) Economics International Relations 5m
11 11

ICAR to host 3-day global conference on women in agri-food system from Thursday

The Indian Council of Agricultural Research (ICAR), in collaboration with CGIAR, TAAS, and PPV&FRA, hosted the Global Conference on Women in Agri-Food System...

GS Paper 1 (Women Empowerment) GS Paper 3 (Agriculture, Food Security) Economics Social Issues 4m
11 11

Germany, Japan to unblock oil reserves as G-7 stands ‘ready’ to act

Germany and Japan announced they would release oil from their strategic petroleum reserves as part of a coordinated G7 and International Energy Agency (IEA) ...

GS2 (International Relations, International Organisations) GS3 (Energy Security) International Relations Economics 5m
11 11

Govt says crude supply stable as 70% coming from routes outside Hormuz, helpline up for Indians in Gulf

Following the Iranian blockade of the Strait of Hormuz (in retaliation for US-Israeli strikes on Iran), the Indian government convened an inter-ministerial b...

GS3 (Energy Security, Indian Economy) GS2 (International Relations) Economics International Relations 5m
11 11

India fast-tracks Chinese investment approvals in key sectors

The Union Cabinet, chaired by the Prime Minister, approved significant changes to India's FDI policy on March 10, 2026, amending the framework established un...

GS2 (India's Foreign Policy) GS3 (Indian Economy, Industrial Policy) Economics International Relations 5m
11 11

Centre approves procurement of 1.25 lakh tonnes of rabi crops in Telangana

The Centre approved the procurement of 1.25 lakh tonnes of rabi crops in Telangana under the Minimum Support Price (MSP) mechanism. The procurement covers ke...

GS Paper 3 (Agriculture, Food Security, Government Interventions) Economics 3m
11 11

‘No need to panic’, Oil Ministry says government measures led to 25% rise in LPG production

The Ministry of Petroleum and Natural Gas issued an LPG Control Order on March 8, 2026, directing all Indian refineries to maximize LPG yields by channelling...

GS Paper 3 (Economy, Energy Security) Economics International Relations 4m
11 11

Mamata holds review meeting on LPG crisis, calls for SOP and rationing of cylinders

Escalating conflict in West Asia — triggered by US and Israeli military strikes on Iran from February 28, 2026 — effectively closed the Strait of Hormuz to c...

GS Paper 2 (India's Foreign Policy, Geopolitics) GS Paper 3 (Energy Security, Infrastructure, Disaster Management) Polity & Governance Economics 7m
11 11

Energy shock widens: Sugar, food markets feel strain; IEA weighs record reserve release

The escalating conflict around the Strait of Hormuz has triggered an energy shock that has spread beyond oil and gas to affect global sugar, food, and agricu...

GS3 (Economy, Agriculture, Energy Security) GS2 (International Relations) International Relations Economics Environment & Ecology 4m
11 11

Fitch: Indian OMCs, GAIL may face cash-flow pressure amid Iran tensions and oil price rise

Fitch Ratings warned that Indian oil marketing companies (OMCs) — HPCL (Hindustan Petroleum Corporation), IOC (Indian Oil Corporation), and BPCL (Bharat Petr...

GS3 (Economy, Energy Security) Economics International Relations 4m
11 11

PROGRESS OF THE NATIONAL APPRENTICESHIP PROMOTION SCHEME (NAPS)

The National Apprenticeship Promotion Scheme (NAPS), launched in August 2016, is currently in its second phase (NAPS-2) operational since FY 2022-23. NAPS-2 ...

GS2 (Government Schemes, Social Justice) GS3 (Employment, Skill Development) Polity & Governance Economics 5m
11 11

DEPARTMENT-RELATED PARLIAMENTARY STANDING COMMITTEE ON INDUSTRY

The Department-Related Parliamentary Standing Committee on Industry (functioning under the Rajya Sabha), chaired by Shri Tiruchi Siva, presented its 333rd Re...

GS Paper 2 GS Paper 3 Polity & Governance Economics 5m