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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
10 10

Looking to help exporters at insurance front to deal West Asia crisis: Goyal

Commerce and Industry Minister Piyush Goyal stated that the government is actively looking to extend support to Indian exporters on the insurance front to he...

GS Paper 2 GS Paper 3 Economics International Relations 5m
09 09

Secretary, DFS chairs Review meeting to monitor the progress of Public Sector Banks to expedite pending cases at NCLT

M. Nagaraju, Secretary of the Department of Financial Services (DFS), chaired a review meeting to monitor the progress of top Insolvency and Bankruptcy Code ...

GS Paper 3 (Indian Economy, Banking) Economics Polity & Governance 5m
09 09

FTAs Opening New Opportunities for Pharma, Healthcare and MedTech Sectors: Union Minister of Commerce & Industry Shri Piyush Goyal

Commerce and Industry Minister Piyush Goyal stated that India's Free Trade Agreements (FTAs) are opening new export opportunities for the pharmaceutical, hea...

GS Paper 2 (International Relations) GS Paper 3 (Economy) Economics International Relations 4m
09 09

Income tax Department carries out nation-wide verification exercise on restaurants suppressing turnover

The Income Tax Department conducted a nationwide survey of 62 restaurants across 46 cities in 22 states on 8 March 2026, uncovering preliminary suppressed sa...

GS3 (Economy) GS2 (Governance) Economics Polity & Governance 5m
09 09

Free Trade Agreements Create New Opportunities for MSMEs to Integrate into Global Supply Chains: Union Minister of State for Commerce and Industry Shri Jitin Prasada

Union Minister of State for Commerce and Industry Jitin Prasada, addressing the FICCI FLO National MSME Awards Ceremony, highlighted that India's recent Free...

GS Paper 3 Economics 5m
09 09

Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Making India’s IP Approval System Among Top Five Globally in Speed, Transparency and Efficiency

Union Minister of Commerce and Industry Piyush Goyal, addressing the National IP Awards and IP Conference in New Delhi, called for making India's Intellectua...

GS2 (Government Policies) GS3 (Indian Economy, Innovation) Economics Polity & Governance 5m
09 09

CGST Delhi South Commissionerate arrests director of a company for fraudulent availment of Input Tax Credit (ITC) amounting to ?60.59 crore through bogus invoices of ?397.23 crore

The Anti-Evasion Branch of the CGST (Central Goods and Services Tax) Delhi South Commissionerate arrested the director of a private limited company engaged i...

GS Paper 3 Economics Polity & Governance 5m
09 09

NITI Aayog Convenes Regional Best Practices Seminar (South) under ADP/ABP Visakhapatnam

NITI Aayog convened a Regional Best Practices Seminar (South) on 9 March 2026 at Visakhapatnam under the Aspirational Districts Programme (ADP) and Aspiratio...

GS Paper 2 (Governance, Social Justice) Polity & Governance Economics 4m
09 09

India issues orders to oil refineries to increase LPG production

The Ministry of Petroleum and Natural Gas issued orders on March 5-6, 2026, directing all oil refineries — both public and private sector — to maximise LPG p...

GS2 (Government Policies, Polity) GS3 (Energy Security, Indian Economy) Economics Polity & Governance 5m
09 09

Our national interest, including energy security & trade flows, will always be paramount: EAM Jaishankar tells Parliament

External Affairs Minister S. Jaishankar made a suo moto statement in both the Lok Sabha and Rajya Sabha on March 9, 2026, on India's response to the West Asi...

GS2 (India's Foreign Policy, Government Policies, Parliament) International Relations Economics 5m
09 09

Despite ‘Make-in-India’ focus, India remains 2nd largest arms buyer in world: SIPRI report

The Stockholm International Peace Research Institute (SIPRI) released its annual arms transfer data for 2021-2025, ranking India as the world's second-larges...

GS Paper 3 (Security, Defence, Economy) Internal Security Economics 5m
09 09

Power sector reforms: Kerala receives nod for a further ₹2,924-crore borrowing space

The Union Finance Ministry sanctioned additional borrowing space of ₹2,924 crore to Kerala in recognition of power sector reforms implemented by the state. T...

GS Paper 2 (Centre-State Relations) GS Paper 3 (Indian Economy) Economics Polity & Governance 4m
09 09

A gradual fiscal correction

The Union Budget 2026-27 outlines a "gradual fiscal correction" strategy — reducing the fiscal deficit to 4.3% of GDP while simultaneously increasing capital...

GS3 (Indian Economy, Budget, Fiscal Policy, Mobilisation of Resources) Economics Polity & Governance 4m
09 09

India should partner with Japan in its mobility, clean energy journey: NITI Aayog member

NITI Aayog member V.K. Saraswat, speaking at the Japan-India Mobility Summit 2026 in Bengaluru (9 March 2026), stated that India and Japan bring "deeply comp...

GS Paper 2 (International Relations, Bilateral) GS Paper 3 (Infrastructure, Energy, Technology) International Relations Science & Technology Economics 6m
09 09

US weighs easing Russian oil sanctions to cool global price surge, sources say

The US Treasury's Office of Foreign Assets Control (OFAC) issued a 30-day waiver on March 6, 2026, allowing Indian refiners to purchase Russian crude oil str...

GS2 (India's Foreign Policy) GS3 (Energy Security, Indian Economy) International Relations Economics 4m
09 09

Perspectives on the West Asian conflict

Analysts and former officials assessed that the West Asia conflict will have a significantly larger impact on India than the government initially anticipated...

GS2 (India's Foreign Policy, India and its Neighbourhood, Effect of Policies of Developed Countries on India's Interests) International Relations Economics 5m
09 09

Fertilizer supplies adequate to meet agricultural need for Kharif season: FAI

The Government of India has confirmed that fertilizer stocks are adequate for the upcoming Kharif 2026 season, with supplies at current prices to remain unch...

GS Paper 3 (Economy: Agriculture, Food Security, Subsidies) Economics 5m
09 09

Prime Minister to launch projects worth ₹10,800 crore at Kochi event

Prime Minister Narendra Modi inaugurated and laid foundation stones for development projects worth approximately ₹10,800 crore in Kochi (Ernakulam), Kerala o...

GS Paper 3 (Economy: Infrastructure, Industry) Economics Polity & Governance 5m
09 09

Kiwi General Insurance, Allianz Jio Reinsurance get IRDAI nod

The Insurance Regulatory and Development Authority of India (IRDAI) granted fresh licences to two new entities: Kiwi General Insurance Limited (a 100% Indian...

GS Paper 3 (Indian Economy, Financial Sector Regulation) Economics Polity & Governance 5m
09 09

Parliament Watch: Crude price rise, PM-SYM enrolment, GST ads and DRI seizures in focus

In Parliament, Finance Minister stated that rising crude oil prices are unlikely to significantly impact India's inflation at present, citing India's diversi...

GS2 (Government Policies, Welfare Schemes) GS3 (Indian Economy, Energy Security) Economics Polity & Governance 4m