Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India ramps up Venezuela oil buys to diversify from Gulf supply, but Russian crude still mainstay
India sharply increased imports of Venezuelan crude in April 2026, with inflows reaching approximately 283 thousand barrels per day (kbd) — a multi-year high...
Trump pauses Hormuz operation; says war will end if Iran agrees to deal
The United States paused "Project Freedom" — a military operation to escort stranded commercial vessels out of the Strait of Hormuz — just one day after the ...
Iran enforces new ‘sovereign’ transit rules in Strait of Hormuz, mandates prior permits for vessels
Iran activated a new "sovereign governance system" for the Strait of Hormuz, requiring all commercial vessels to obtain prior transit permits through the Per...
Iran-Israel war LIVE: Trump threatens Iran with ‘higher level’ bombing if it doesn't reopen Strait of Hormuz
The US-Israel conflict with Iran, which began on 28 February 2026 (Operation Epic Fury), has resulted in the effective closure of the Strait of Hormuz, block...
Govt's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirement
As of April 1, 2026, India's central pool foodgrain stocks reached 604.02 lakh tonnes — approximately three times the mandated buffer norm of 210.40 lakh ton...
How India’s growth story has left its workers behind
Despite India recording among the fastest GDP growth rates globally in recent years, real wages for a large share of the workforce have stagnated or declined...
Why industrial heat pumps are a ‘clean heat’ opportunity for India
Industry accounts for nearly half of India's final energy consumption as of 2025, with a large share still dependent on fossil fuels for process heat — makin...
India, US 'very close' to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says
The US Deputy Secretary of State stated that India and the United States are "very, very close" to signing a trade deal, with only a "last hurdle" remaining ...
Welfare spending surge pushes subsidy outgo to 91% of target
Government subsidy expenditure reached 91% of the revised annual estimate for FY2025-26 in the first eleven months of the fiscal year, indicating a significa...
Strait of Hormuz technically open, but not operating: National shipowners' body head
The head of the national shipowners' association described the Strait of Hormuz as "technically open but not operating," reflecting the paradox of a passage ...
Goods, services exports up 4.59 pc to USD 863.11 bn in FY26
India's combined goods and services exports rose 4.59% to an all-time high of USD 863.11 billion in FY2025–26, up from USD 825.26 billion in FY2024–25, accor...
Energy shock strains India’s growth, fiscal outlook: S&P report
A joint report by S&P Global and its Indian subsidiary Crisil, titled "India Forward: Strategic Imperatives," assessed the economic impact of the West Asia c...
Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirement
India's central pool foodgrain stocks in Food Corporation of India (FCI) godowns stood at 604.02 lakh tonnes as of May 2026, nearly three times the mandatory...
India's overall exports hit all-time high of $863 billion in FY26
India's combined goods and services exports reached an all-time high of $863.11 billion in FY2025-26, rising 4.6% from $825.26 billion in FY2024-25. Services...
India, Vietnam elevate ties to ‘Enhanced Comprehensive Strategic Partnership’, sign 18 MoUs
India and Vietnam elevated their bilateral relationship to an "Enhanced Comprehensive Strategic Partnership" during Vietnamese President To Lam's state visit...
India’s exports rise 4.6% to hit all-time high of $863 bn in FY26 despite global headwinds
India's total goods and services exports reached an all-time high of USD 863.11 billion in FY2025–26, growing 4.59% over FY2024–25's USD 825.26 billion, acco...
India should adopt dual-track trade strategy at WTO, say experts
Trade policy experts, at a seminar organised by Chintan Research Foundation (CRF) and the Indian Council for Research on International Economic Relations (IC...
How much did LPG imports fall due to Hormuz closure, why demand may fall too
The Strait of Hormuz has been substantially blocked since approximately February 28, 2026, as a consequence of the Iran–US/Israel military conflict, disrupti...
Trump says pausing Hormuz operation in push for Iran deal
The United States announced a pause to "Project Freedom" — its military operation to escort commercial ships through the Strait of Hormuz — citing significan...
India’s energy security amid conflicts
The ongoing West Asia conflict — triggered by Operation Epic Fury on 28 February 2026 — has shut the Strait of Hormuz, exposing India's structural vulnerabil...