Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Oil, rupee, markets: All alarms are blaring for India's economy
Brent crude oil surged past $100 per barrel in March 2026, reaching intraday highs above $116, driven by escalating US-Israel-Iran conflict and fears of disr...
No immediate hike in petrol, diesel prices; adequate stock to meet any contingency: Sources
Despite global crude prices rising sharply due to the West Asia conflict (Indian crude basket reaching ~$113/barrel in March 2026), the Government of India a...
No immediate hike in petrol, diesel prices despite crude crossing $100/barrel
Despite crude oil crossing $100 per barrel following the West Asia conflict, the Indian government indicated it would not immediately hike retail petrol and ...
Rupee falls 39 paise to close at all-time low of 92.21 against US dollar
The Indian rupee fell 39 paise in a single session to close at an all-time low of 92.21 against the US dollar on March 9, 2026 — a record depreciation driven...
$100 oil shock set to strain Asia’s cash-strapped governments
Oil prices crossing $100 per barrel in March 2026, driven by the US-Israel-Iran conflict and Strait of Hormuz disruptions, are placing severe strain on gover...
$50 oil surge could wipe out 2% of India's GDP, warns Axis Bank's Neelkanth Mishra
Axis Bank Chief Economist Neelkanth Mishra warned that a sustained $50 per barrel rise in global oil prices could reduce India's GDP growth by approximately ...
Solex Energy says its 3.78-GW solar module facility gets ALMM approval
Solex Energy Limited has received approval for its 3.78 GW solar photovoltaic module manufacturing capacity under the Approved List of Models and Manufacture...
Iran conflict could increase challenges for emerging market sovereigns: Fitch
Rating agencies (Moody's, Fitch, S&P) have warned that a prolonged West Asia conflict — with crude oil sustained above $100/barrel — could strain the fiscal ...
Fadnavis asks municipal corporations to look at raising Rs 1,000 cr via pooled bonds
Maharashtra Chief Minister Devendra Fadnavis directed the state's municipal corporations to explore raising ₹1,000 crore through the issuance of green bonds ...
Iran war hits tea export; Assam releases ₹94.7 crore support
The West Asia conflict (US-Israel war with Iran, 2026) has severely disrupted Indian tea exports to Iran, a major destination market, by blocking established...
Sensex crashes over 2,000 points as crude oil prices cross $115/barrel on Middle East conflict
The BSE Sensex fell over 2,000 points and the Nifty 50 slid to 23,741 as crude oil prices crossed $115 per barrel — driven by the escalation of the West Asia...
Why fertilisers could be the war’s soft underbelly victim for India
India imports a significant share of its fertilizer raw materials and finished fertilizers from West Asia, making the Iran war a direct threat to its agricul...
How Iran war could create ‘fertilizer shock’ – often ignored global risk to food prices, farming
Beyond the widely discussed oil price surge, analysts warn that the US-Israel-Iran conflict and the resulting Strait of Hormuz disruptions pose an equally da...
Oil soars above $100 as Iran war forces more production cuts
Brent crude climbed above $100 a barrel for the first time since 2022, crossing a psychologically and economically significant price threshold as the Iran-US...
Kenya’s latest carbon credit crackdown reveals questionable practices, players’ sneaky ways
Kenya has cracked down on several carbon credit projects, revoking or blocking approvals for credits that were generated with irregularities — including proj...
Israel-Iran war LIVE: Bahrain's state oil company declares force majeure on its shipments after Iran attack
Bahrain's state-owned oil company, Bapco Energies, declared force majeure on its shipments on March 9, 2026, after Iran struck its Al-Ma'ameer oil refinery c...
Stock markets slump as oil prices surge over Strait of Hormuz fears
Indian and global equity markets fell sharply as Brent crude surged to multi-year highs on concerns that the Iran-US conflict had effectively closed the Stra...
China warns of global chip shortages as Nexperia dispute escalates again
A dispute escalated between China and the United Kingdom over the forced divestment of Nexperia's Newport Wafer Fab (NWF) in Wales — the UK's largest chip ma...
An economic ‘sagar manthan’ beckons: As IT growth dwindles, manufacturing exports to take driver’s seat
Recent analysis argues that India's IT services sector, the primary engine of export-led growth over the past three decades, is showing signs of saturation i...
Iran conflict: Indian airlines cancel 279 international flights
India's Ministry of Civil Aviation confirmed on March 9, 2026, that 279 international flights operated by Indian airlines were cancelled due to ongoing airsp...