Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Ongoing West Asia conflict may feed through imported inflation; prolonged crisis could impact exchange rate, CAD: Finance Ministry
The Finance Ministry's Monthly Economic Review for February 2026 warned that the West Asia conflict could have "deeper and longer-lasting" economic effects o...
GDP: Why India is now further away from becoming a $5 trillion economy
On February 27, 2026, India's Ministry of Statistics and Programme Implementation (MoSPI) released a new GDP series with FY2022-23 as the base year, replacin...
EPFO okays auto-settlement for inoperative accounts with balance up to Rs 1,000: What are they, and the process
The Employees' Provident Fund Organisation (EPFO) Central Board of Trustees approved a pilot project to automatically settle inoperative EPF (Employees' Prov...
No need to panic, country has adequate fertilizer stocks for kharif: Union government
The Union government issued a public assurance that the country has adequate fertilizer stocks ahead of the kharif sowing season, urging farmers not to panic...
Noida International Airport gets aerodrome, security clearances to start operations
Noida International Airport (NIA), also known as Jewar Airport, received its aerodrome licence from the Directorate General of Civil Aviation (DGCA) on March...
Karnataka announces new scheme to boost farmers’ income
Karnataka announced a new scheme in its state budget to boost farmers' income, with a central focus on promoting Alternate Wetting and Drying (AWD) in paddy ...
Karnatraka Budget: PM-MITRA textile park in Kalaburagi gets ₹75-crore allocation
Karnataka's state budget has allocated ₹75 crore for the PM-MITRA (Mega Integrated Textile Region and Apparel) textile park in Kalaburagi for the financial y...
Introduction of Voluntary Lock-in / Debit freeze facility to Mutual Fund folios
SEBI issued a circular on March 6, 2026 (Circular No. HO/24/12/12(5)2026-IMD-SEC-1/I/6373/2026) introducing a voluntary lock-in/debit freeze facility for mut...
Indian refiners are snapping up Russian crude oil after US waiver
The US Treasury's Office of Foreign Assets Control (OFAC) granted a 30-day waiver (expiring April 4, 2026) allowing Indian refiners to purchase Russian crude...
NABARD unveils climate innovation challenge with ₹15 lakh top prize
NABARD, in partnership with the Bill & Melinda Gates Foundation and Dalberg Advisors, launched the National Climate Stack Innovation Challenge to develop cli...
Is the India-EU FTA equitable? Europe’s Digital Product Passport raises questions on that score
The India-EU Free Trade Agreement, concluded on January 27, 2026, is described as the largest deal ever concluded by either side, promising tariff eliminatio...
India plans certification system for natural farming to tap global markets
The Government of India is planning to develop a dedicated certification system for natural farming produce to differentiate it in domestic and global market...
Short of crossing the red line
Karnataka's Budget 2026-27 projects a fiscal deficit of Rs 97,449 crore, amounting to 2.95% of GSDP -- just short of the 3% upper limit under the Karnataka F...
Call to unlock India’s seaweed potential for climate, coastal livelihood growth
Experts have called for unlocking India's seaweed cultivation potential to boost climate resilience and coastal livelihoods, with B. Madhusoodana Kurup of th...
I-T Dept expands reporting framework by including crypto, CBDC
The Ministry of Finance's Department of Revenue issued a notification on March 5, 2026 amending Income Tax Rules 114F, 114G, and 114H to expand the reporting...
GNFC flags neem urea output risk as RLNG supply cut to 60% amid LNG disruption
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) disclosed that its allocation of Re-gasified Liquefied Natural Gas (RLNG) has been restricted to 60% of...
India’s gem & jewellery industry braces for major impact due to war in West Asia
India's gems and jewellery industry faces a potential $2 billion export loss if the West Asia conflict persists for three months, according to industry repre...
Karnataka Budget 2026: Aerospace common facility, flight training school to be set up
Chief Minister Siddaramaiah presented the Karnataka State Budget 2026-27 with significant allocations for aerospace and aviation infrastructure. A flight tra...
India may end ₹2,700 crore rice fortification programme
The Government of India has temporarily discontinued rice fortification under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and allied welfare schemes...
Oil & gas prices continue to surge as West Asia conflict disrupts Hormuz supply route; India “allowed” to turn to Russian crude
Oil and gas prices have surged sharply following Iran's effective closure of the Strait of Hormuz since the US-Israel-Iran war began on February 28, 2026. Br...