Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Assam-based refineries can meet only 30 pc of state’s LPG demand: Chief secy
Assam Chief Secretary Ravi Kota stated on March 11, 2026, that local refineries in the state can meet only about 30% of Assam's LPG demand, signalling a pote...
West Asia conflict poses downside risk, India GDP growth seen at 7.1 pc in FY27: Crisil Intelligence
Crisil Intelligence projected India's real GDP growth to moderate to 7.1% in FY 2026-27, down from 7.6% in FY26 (under the revised 2022-23 base year series)....
No need for panic booking, enough LPG supplies to meet household needs: Govt
The government issued a formal assurance that India has adequate LPG stocks to meet all household cooking gas requirements following a surge in panic booking...
No need to panic, says PM on energy crisis, asserts nation will overcome situation like covid-19
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...
India will stem the flood of Chinese imports with China's own money
India's revised Press Note 3 (PN3) FDI policy has been described as a strategic attempt to convert Chinese capital from a source of import competition into a...
No need for panic, normal delivery cycle of 2.5 days maintained: Oil Ministry on LPG bookings
The Ministry of Petroleum and Natural Gas stated that there is no need for panic booking of LPG cylinders, with the normal delivery cycle of two-and-a-half d...
Iran-Israel war: Every 10% rise in oil prices could shave 20–25 bps off India’s GDP growth, says HDFC Bank
HDFC Bank's economic research has estimated that every 10% rise in crude oil prices reduces India's GDP growth rate by approximately 20–25 basis points (0.20...
Niti Aayog urges states to adhere to fiscal deficit norms
NITI Aayog has urged state governments to adhere to fiscal deficit norms prescribed under the Fiscal Responsibility and Budget Management (FRBM) Act through ...
India to ease curbs, fast-track Chinese investment in more sectors
India is set to introduce a fast-track approval mechanism for FDI proposals from land-border countries (primarily China) in specific manufacturing sectors: e...
India’s GDP, inflation at risk amid West Asia tensions, oil price surge: Economists
Economists warn that India's GDP growth for FY2026-27 faces a meaningful downside risk from the West Asia conflict, with oil prices spiking sharply following...
FDI easing not for Chinese firms; to benefit entities with minority Chinese holding
The government clarified that the March 2026 relaxation of Press Note 3 (PN3) FDI rules is not an opening for Chinese companies to directly invest in India —...
MSDE Celebrates Young Innovators at ‘Kaushalta se Udyamita’ Felicitation Ceremony at NSTI Bengaluru
The Directorate General of Training (DGT) under the Ministry of Skill Development and Entrepreneurship (MSDE) held the "Kaushalta se Udyamita: Navonmesh Prot...
Niti Aayog urges states to stick to FRBM norms, strengthen fiscal discipline
NITI Aayog released the second edition of the Fiscal Health Index (FHI) 2026, assessing states' fiscal performance for the financial year 2023-24. The Index ...
SELF-EMPLOYMENT VENTURE UNDER SKILL AND ENTREPRENEURSHIP SCHEMES
The Ministry of Skill Development and Entrepreneurship (MSDE) implements Entrepreneurship Development Programmes (EDPs) and Entrepreneurship Skill Developmen...
SKILL DEVELOPMENT IN WEDDING AND WEDDING TOURISM SECTOR
Under the Skill India Mission (SIM), the Ministry of Skill Development and Entrepreneurship (MSDE) is delivering skill, re-skill, and up-skill training for t...
Reliance-backed refinery project in Texas: All about the ‘$300-billion deal’ Trump announced
US President Donald Trump announced that the United States would build its first new oil refinery in approximately 50 years, with backing from India's Relian...
The illusion of 41% and a quiet re-engineering of India’s fiscal federal landscape
Analysis reveals that while states are officially entitled to 41% of the divisible pool of central taxes (as recommended by both the 15th and 16th Finance Co...
Indian exporters face payment and finance challenges amid West Asia crisis; govt assures support
Indian exporters flagged serious payment and trade finance challenges arising from the West Asia crisis, including risks of expired Letters of Credit, disrup...
Macron to host G7 leaders call on Iran crisis, energy prices
French President Emmanuel Macron hosted an emergency call of G7 leaders on March 11, 2026, to coordinate a response to the Iran crisis and the resulting oil ...
Indian urea producers shut plants as Iran war cuts Qatari supplies of LNG
Indian urea manufacturing plants have begun shutting down operations as supplies of liquefied natural gas (LNG) — the primary feedstock for urea production —...