Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Iran-Israel war LIVE: U.K. agency says cargo ship ablaze in Strait of Hormuz after being hit by projectile
On March 11, 2026, the United Kingdom Maritime Trade Operations (UKMTO) — the British military's maritime coordination agency — reported that a cargo ship wa...
India revives trade pact discussions with Southern African Customs Union
India has revived discussions on a Preferential Trade Agreement (PTA) with the Southern African Customs Union (SACU), comprising South Africa, Namibia, Botsw...
Reliance Industries seeking to maximise LPG output, divert natural gas to support priority sectors
The Union Government invoked the Essential Commodities Act, 1955, issuing the Natural Gas (Supply Regulation) Order, 2026, to prioritise and regulate natural...
Global banks push back on RBI proposal for reporting offshore rupee trades
Global banks have formally opposed the Reserve Bank of India's draft proposal requiring Authorised Dealer Category-I (AD Cat-I) banks to report all offshore ...
Global LNG hunt intensifies as West Asia conflict cuts supply
At least eight LNG cargo vessels initially headed for Europe were diverted to Asian markets after the West Asia conflict began, as Asian spot prices rose abo...
India urea producers shut plants as Iran war cuts LNG flows
Several Indian urea manufacturing plants have shut down or sharply reduced production after the Iran war cut Qatari LNG flows, the primary feedstock for Indi...
How the U.S.-Israel conflict with Iran is exposing India’s LPG dependence | Data
The ongoing U.S.-Israel-Iran conflict has sharply disrupted India's liquefied petroleum gas (LPG) supply lines, which depend heavily on Gulf imports transiti...
White House denies Hormuz escort while keeping options open
White House Press Secretary Karoline Leavitt stated that the Trump administration was "keeping options open" regarding the Strait of Hormuz but denied that a...
Iran war pummels India’s already turbulent aviation sector. Your ticket fare will get hit next
More than 1,600 flights were cancelled between February 28 and March 3, 2026, following the closure of airspace over Iran, Iraq, Qatar, and several Gulf stat...
India's textile recycling market projected to reach $3.5 bn by 2030, may add 1 lakh jobs: Report
A government-commissioned report "Mapping of Textile Waste Value Chain in India," released by the Union Textiles Minister on March 10, 2026, projects India's...
CUSAT develop UV technology to reduce electrical conductivity in coir pith
Researchers at Cochin University of Science and Technology (CUSAT) demonstrated that ultraviolet (UV) radiation treatment can effectively reduce salinity in ...
India hosts 55% of global GCCs but faces over 2,000 annual compliance filings
India is the world's largest Global Capability Centre (GCC) hub, hosting approximately 55% of all GCCs worldwide — over 1,850 centres employing nearly 2 mill...
Oil rises 1%, stays below $90/bbl as IEA weighs strategic stock release
Crude oil prices surged past $119 per barrel — their highest since mid-2022 — as the U.S.-Israel-Iran conflict disrupted Middle East supply and triggered fea...
LPG crisis LIVE: Commercial LPG shortage hits hotels, restaurants across India
A severe shortage of commercial LPG cylinders hit hotels, restaurants, and small industries across India in March 2026, with the National Restaurant Associat...
Civil Aviation Ministry monitors West Asia flights amid tensions
The Directorate General of Civil Aviation (DGCA) facilitated additional arrival and departure slots at Indian airports and approved Muscat International Airp...
Allies in India have been good actors, have temporarily allowed New Delhi to accept Russian oil already at sea: White House
White House Press Secretary Karoline Leavitt stated that the United States had "temporarily permitted" India to accept Russian crude oil cargoes already at s...
Emerging markets race: Vietnam gains ground as India’s rupee, markets weigh on ranking
India's position in a multi-indicator emerging market tracker has come under pressure, with Vietnam gaining ground due to its strong GDP growth and improving...
Palm oil export demand cools as West Asia conflict lifts freight, insurance costs
Global demand for Indonesian and Malaysian palm oil exports cooled as the West Asia conflict caused freight rates and war risk insurance premiums to surge sh...
Trump Warns Iran Against Laying Mines in Strait of Hormuz
U.S. President Donald Trump warned Iran on March 10, 2026 that any attempt to lay mines in the Strait of Hormuz would trigger an unprecedented military respo...
Why shadow tankers are the only ships still moving through the Strait of Hormuz
With legitimate commercial tanker traffic through the Strait of Hormuz having collapsed by over 90% since the U.S.-Israel military strikes on Iran began on F...