Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Escalating hostilities in West Asia risk renewed energy, inflation shocks: Moody’s
The escalating Iran-US-Israel conflict, which began in late February 2026, is threatening to trigger a major global energy shock — sending oil and gas prices...
Govt holds multi-agency meeting with exporters to review disruptions due to West Asia crisis
The Indian government convened a multi-ministry meeting with export councils and trade bodies to assess the impact of the West Asia conflict on Indian trade ...
India, Canada forge CAD $2.6 billion uranium deal; target year-end trade pact
Canadian Prime Minister Mark Carney visited India (Mumbai and New Delhi) in late February–early March 2026 for his first official bilateral visit — a landmar...
Extended closure of Strait of Hormuz to push India towards floating Russian crude at sea
Analysts and oil industry sources have flagged that an extended closure of the Strait of Hormuz would push India toward using floating storage of crude oil —...
Indian shipowners seek Centre’s help for safe passage through Hormuz Strait
Indian shipping companies have approached the central government seeking support for ensuring safe passage of their vessels through the Strait of Hormuz, as ...
SEBI presses banks, other regulators for stricter insider trading enforcement, says chief
SEBI Chairperson Tuhin Kanta Pandey has pressed banks, the Reserve Bank of India (RBI), and other financial regulators to adopt stricter norms for preventing...
West Asia Crisis: Commerce dept meets stakeholders to assess, ease trade disruptions
India's Commerce Ministry convened a meeting with exporters, industry associations, and logistics players to assess the impact of the West Asia crisis on Ind...
Travel chaos worsens as Iran conflict shuts key Middle-East airports
The Iran-US-Israel conflict that erupted in late February 2026 triggered precautionary airspace closures across a vast region — Iran, Iraq, Syria, Israel, Qa...
India’s oil imports from Russia fell to 44-month low in January 2026, Gulf countries saw rising share
India's crude oil imports from Russia fell to a 44-month low in January 2026, with Russian oil accounting for only 21.2% of India's total crude imports — the...
Iran strikes disrupt thousands of flights; Dubai airport damaged
Iran launched 137 missiles and 209 drones across the UAE on or around February 28, 2026, in retaliation for US-Israeli strikes on Iranian targets. Dubai Inte...
Gulf tensions may push India’s fertilizer subsidy bill higher
The escalating West Asia conflict — following US-Israel strikes on Iran — threatens to significantly increase India's fertiliser subsidy bill by raising natu...
Manufacturing activity surges at fastest pace in four months in February: PMI survey shows
India's manufacturing sector expanded at its fastest pace in four months in February 2026, according to the S&P Global/HSBC India Manufacturing Purchasing Ma...
CMA CGM imposes up to $4,000 emergency surcharge amid US-Iran conflict
French shipping giant CMA CGM — the world's third-largest container shipping line — imposed an Emergency Conflict Surcharge (ECS) effective March 2, 2026, in...
EPFO retains interest rate at 8.25% for 2025-26
The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) approved an interest rate of 8.25% per annum on EPF deposits for 202...
Vessel traffic through Strait of Hormuz drops amid West Asia tensions
Vessel traffic through the Strait of Hormuz fell by approximately 81% in the first days of March 2026 compared to normal levels, following the dramatic escal...
Airlines suspend flights to Middle East; IndiGo, Akasa, Qatar Airways, Emirates announce travel waivers and refunds
Multiple airlines — including Indian carriers IndiGo and Akasa Air, and international carriers Emirates, Qatar Airways, as well as Lufthansa and Air France —...
Nirmala Sitharaman meets AIIB President Zou Jiayi, calls for expanded investment in low-income countries
Union Finance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi in New Delhi on March 2, 2026, to discuss stren...
Smart meters: govt. offices all set to shift to prepaid billing, says KSEB
The Kerala State Electricity Regulatory Commission (KSERC) approved a new framework for switching government consumers to prepaid smart meter billing, effect...
NITI Aayog Conducts National Workshop on Natural Farming under State Support Mission
NITI Aayog organized a two-day National Workshop on Natural Farming under its State Support Mission, bringing together farmers, policymakers, scientists, sta...
Rice exporters to meet Apeda as Gulf tensions threaten $6 billion basmati trade
Indian basmati rice exporters have sought an emergency consultation with APEDA (Agricultural and Processed Food Products Export Development Authority) as Gul...