Economics
Trade, fiscal policy, banking, agriculture and economic indicators
U.S. urged India to buy Russian oil already at sea to ease supply fears: Energy Secretary Chris Wright
US Energy Secretary Chris Wright urged India to purchase Russian crude oil cargoes already loaded onto tankers and at sea, redirecting those shipments to Ind...
Crude oil prices surpass $114 a barrel as Iran war impedes production, shipping
Crude oil prices surpassed $114 a barrel — the highest level since 2022 — as the Iran-US conflict entered a new, more intense phase, simultaneously disruptin...
India’s renewable transition caught between stranded power and institutional Inertia
India's shift toward renewable energy is being complicated by the accumulated financial burden of stranded conventional power assets — primarily coal and gas...
Bahrain's state oil company declares force majeure on its shipments after Iran attack
Bahrain Petroleum Company (BAPCO Energies), Bahrain's state oil company, declared force majeure on all its oil shipments on March 9, 2026, after Iranian miss...
West Asia conflict oil hike, market reactions LIVE: U.S. urged India to buy Russian oil already at sea to ease supply fears
The United States Energy Secretary Chris Wright and Treasury Secretary Scott Bessent urged India to purchase Russian crude oil cargo already at sea — ships w...
Asian equities plunge as oil soars 30% on West Asia crisis
Asian equity markets suffered sharp declines as crude oil prices surged approximately 30% following the escalation of the West Asia conflict and partial clos...
Oil surges past $100 as West Asia war escalates, raising supply fears
Brent crude oil prices surged past $100 a barrel for the first time since 2022, triggered by the escalating US-Israel military campaign against Iran that beg...
G7 to discuss joint release of emergency oil reserves: Report
G7 energy ministers convened an emergency meeting on March 9, 2026, to coordinate the release of emergency oil reserves in response to the crisis caused by I...
Congress MPs move suspension of business notice in Rajya Sabha, Lok Sabha to discuss West Asia Conflict
Congress MPs Manish Tewari (Lok Sabha) and Randeep Surjewala (Rajya Sabha) moved suspension-of-business notices in their respective Houses to seek urgent dis...
‘Contact with Iran leadership difficult’: Jaishankar spells out India’s position on Middle East war
External Affairs Minister S. Jaishankar told Parliament that leadership-level contact with Iran is "obviously difficult at this time" given the ongoing confl...
Aircraft leasing gains altitude at GIFT City
GIFT City's International Financial Services Centre (IFSC) has crossed a significant milestone, with 38 aircraft leasing entities registered and over 370 avi...
An export grid that bears fruit
India's agricultural export infrastructure — particularly cold chain networks and logistics connectivity — remains the critical bottleneck preventing the cou...
Why are Finance Commission grants to cities still so limited? | Explained
Despite a historic 230% increase in urban local body (ULB) grants by the 16th Finance Commission, analysts argue that fiscal transfers to cities remain struc...
GMS seeks EU nod for Indian ship recyclers
GMS (Global Maritime Services), the world's leading cash buyer of ships for recycling, is urging the European Commission to grant recognition to Indian ship ...
The new Canada-India economic alignment emerges
A new phase in Canada-India relations emerged in early 2026, driven by Canadian Prime Minister Mark Carney's four-day visit to India (February 27 – March 2, ...
Rules not ready for new rural jobs Act
The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act — the successor legislation to MGNREGA — was passed by the Lok Sabha on December 1...
Government launches logo design contest for VB-G RAM G Act
The Ministry of Rural Development launched a logo design contest on the MyGov platform for the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gra...
Why did the U.S. Supreme Court reject Trump’s tariffs? | Explained
On February 20, 2026, the United States Supreme Court ruled 6-3 that the International Emergency Economic Powers Act (IEEPA) does not authorise the President...
We are working with global oil producers, consumers to maintain stability in energy markets: US treasury secretary
External Affairs Minister S. Jaishankar told Parliament that India was actively engaging with both oil-producing and oil-consuming nations to ensure stable e...
Last leg of Western Freight Corridor likely to be operational by month end
The last remaining section of the Western Dedicated Freight Corridor (WDFC), connecting Gholvad to Jawaharlal Nehru Port (JNPT) in Maharashtra, is on track t...