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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
07 07

TN Hotels’ body requests Centre to withdraw order on supply of commercial LPG cylinders

Amid the ongoing West Asia conflict and Strait of Hormuz disruptions, the Central Government invoked emergency powers directing oil marketing companies (OMCs...

GS Paper 3 Economics 4m
07 07

Barring eight days, Andhra relied on borrowings from RBI during 2024-25, says CAG report

A Comptroller and Auditor General (CAG) report has revealed that the Andhra Pradesh government availed Rs 1.72 lakh crore through RBI's short-term liquidity ...

GS2 (Polity/Constitutional Bodies) GS3 (Indian Economy, Fiscal Policy) Polity & Governance Economics 5m
07 07

Government sets 30.3 million tonne wheat procurement target

The government set an ambitious wheat procurement target of 30.3 million tonnes for the 2026-27 Rabi Marketing Season (RMS), established at a meeting of Stat...

GS Paper 3 (Agriculture, Food Security, Government Schemes) Economics 4m
07 07

PM Modi: Make our agriculture export-oriented

Prime Minister Narendra Modi, speaking at a post-budget webinar on 'Agriculture and Rural Transformation', emphasised that the time is ripe for India to shif...

GS Paper 3 Economics 4m
06 06

Customers to have zero liability in case of lender negligence: RBI’s draft guidelines on digital fraud

The Reserve Bank of India (RBI) released draft guidelines — the "Draft Reserve Bank of India (Commercial Banks — Responsible Business Conduct) Third Amendmen...

GS Paper 2 (Government Policies, Statutory Bodies) GS Paper 3 (Banking, Digital Economy) Economics Polity & Governance 5m
06 06

Explained: Not just oil and gas, the West Asia conflict is hitting core Indian industries

While oil prices have attracted the most attention, the West Asia conflict is disrupting a far wider range of commodity flows — including fertilizers, LNG, a...

GS Paper 3 (Indian economy, trade, food security) GS Paper 2 (international relations) Economics International Relations 6m
06 06

Why the US just gave India a 30-Day emergency window to buy ‘stranded’ Russian oil amid the Iran war

The United States Treasury Department, through its Office of Foreign Assets Control (OFAC), issued General License 133 — a 30-day emergency waiver allowing I...

GS2 (International Relations) GS3 (Indian Economy, Energy Security) International Relations Economics 4m
06 06

‘Essential partner’: US gives India one-month waiver to buy Russia oil

The US Treasury's Office of Foreign Assets Control (OFAC) issued a temporary 30-day general licence authorising the delivery and sale of Russian-origin crude...

GS2 (India's Foreign Policy, International Institutions) GS3 (Energy Security, Indian Economy) International Relations Economics 5m
06 06

Merchant ships continue to be stranded upstream of Strait of Hormuz

Following US-Israeli military strikes on Iran in late February 2026 — including the killing of Iran's supreme leader — Iran's Islamic Revolutionary Guard Cor...

GS2 (India's energy security, international relations, geopolitics) GS3 (Indian economy, global trade, energy) International Relations Economics 6m
06 06

Maharashtra Budget: Fadnavis hands farmers another loan waiver even as 6 lakh await benefits of 1st one

Chief Minister Devendra Fadnavis announced a new crop loan waiver of up to ₹2 lakh for Maharashtra farmers while presenting the State Budget 2026-27. The sch...

GS Paper 2 (Government Policies, Welfare Schemes) GS Paper 3 (Agriculture, Indian Economy) Economics Social Issues 5m
06 06

China lowers its growth target to least ambitious since 1991. Six charts explain its weakening economy

At the annual session of China's National People's Congress (NPC) in early March 2026, the government announced its official GDP growth target for 2026 at 4....

GS2 (International relations, global economy) GS3 (Indian economy comparative context, global trade) Economics International Relations 5m
06 06

Why does India require U.S. nod for securing its energy needs, ask Opposition leaders

India's parliamentary opposition raised sharp questions after the US Treasury Secretary's remarks framed India's purchase of Russian oil as something the US ...

GS2 GS3 International Relations Economics 5m
06 06

New MSMEs can also avail credit assistance for ecomm exporters

The Directorate General of Foreign Trade (DGFT) launched Credit Assistance for E-Commerce Exporters in March 2026, as part of the ₹25,060 crore Export Promot...

GS Paper 3 Economics 4m
06 06

Fadnavis presents ₹7.69 lakh crore Maharashtra Budget, loan waiver for farmers

Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presented the Maharashtra Budget 2026-27 with a total outlay of ₹7.69 lakh crore in t...

GS3 (Indian Economy, Agriculture, Government Budgeting, Fiscal Policy) Economics Polity & Governance 5m
06 06

Artificial intelligence in Indian agriculture: The bus India cannot afford to miss

India is accelerating its transition to AI-driven agriculture through two flagship digital infrastructure initiatives: AgriStack (the foundational data layer...

GS Paper 3 (Agriculture, Technology in Agriculture, Food Security) Science & Technology Economics 4m
06 06

Crude Politics: Centre hails US oil waiver as 'diplomatic win'; Opposition slams 'strategic surrender'

The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a temporary 30-day waiver on March 5–6, 2026, authorising Indian refiners to purc...

GS Paper 2 (India's Foreign Policy, International Relations) GS Paper 3 (Energy Security) International Relations Economics 5m
06 06

West Asia conflict could lift India's inflation, hit GDP growth: Economists

Economists from institutions including SBI Research and JPMorgan warned in early March 2026 that the ongoing West Asia conflict — triggered by the U.S.-Israe...

GS3 (Indian Economy, Energy Security, Inflation, Balance of Payments) Economics International Relations 6m
06 06

Self-reliance only way to stay relevant in era of global uncertainty: Rajnath Singh

Defence Minister Rajnath Singh stated that self-reliance is the "only way to stay relevant" in an era marked by global uncertainty, supply chain disruptions,...

GS3 (Defence production, Aatmanirbhar Bharat, internal security) Internal Security Economics 4m
06 06

RBI Issues Draft Amendment Directions for ‘Review of Framework of Limiting Customer Liability in Digital Transactions’

The Reserve Bank of India (RBI) issued draft amendment directions for reviewing and revising the framework on limiting customer liability in unauthorised ele...

GS3 (Indian Economy, Digital Banking) Economics Polity & Governance 4m
06 06

West Asia conflict: Govt orders refiners to maximise LPG production to ensure continued cooking gas availability

The Ministry of Petroleum and Natural Gas (MoPNG) invoked emergency powers under the Essential Commodities Act (ECA), 1955 to direct all domestic oil refiner...

GS Paper 2 (Government Policies) GS Paper 3 (Energy Security, Infrastructure) Economics International Relations 5m