Economics
Trade, fiscal policy, banking, agriculture and economic indicators
India moves closer to opening nuclear power sector to foreign investment as AEC cleared FDI policy: Official
The Atomic Energy Commission (AEC) has cleared a new Foreign Direct Investment (FDI) policy for the nuclear power sector, marking a significant policy shift ...
Deceptively benign: On retail inflation, oil-import-dependency
India's retail inflation (CPI) rose to 3.4% in March 2026, remaining below the Reserve Bank of India's medium-term target of 4%, but analysts caution that th...
Export disruption hits ‘Bangalore Rose’ onion farmers; MP seeks urgent support
Farmers cultivating the 'Bangalore Rose' onion variety in Karnataka's Chickballapur district and surrounding areas of the Kolar cluster (Karnataka) are facin...
Gig workers social security scheme may have multiple fund managers
The Ministry of Labour and Employment is actively designing the implementation architecture for a social security scheme covering gig and platform workers, w...
Finance ministry may review MOOWR benefits for battery storage imports
The Finance Ministry is convening discussions to review the application of the MOOWR (Manufacture and Other Operations in Warehouse Regulations) scheme to im...
Expert Explains | India’s nuclear pivot: FBRs the future, PHWRs to anchor growth until technology matures
The Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu, achieved first criticality on 6 April 2026 at 8:25 PM IST — a landmark event that formall...
India’s March crude oil imports lowest in 5 years as West Asia conflict chokes key transit route
India's crude oil imports in March 2026 fell to 18.9 million tonnes, a 2.6% decline — the lowest monthly import volume in five years. The primary cause is th...
Attack on Indian-flagged ships heighten uncertainty over Hormuz passage and trade flows
Two Indian-flagged vessels — the VLCC (Very Large Crude Carrier) Sanmar Herald and the bulk carrier Jag Arnav — were fired upon by Iranian gunboats in the St...
India, US to resume trade talks in Washington from April 20: Here’s what has changed
India and the US resumed trade negotiations in Washington from April 20, 2026, with a three-day round of talks focused on finalizing the first phase of the B...
Ethanol glut spurs flex-fuel demand
India's ethanol industry has built production capacity of nearly 2,000 crore litres per year, with an additional 400 crore litres of capacity under construct...
Modernizing the ledger: Inside the quest to solidify India’s economic data
On February 27, 2026, the Ministry of Statistics and Programme Implementation (MoSPI) released a new series of GDP estimates with base year 2022-23, replacin...
Bharat Maritime Insurance Pool: Underwriting capacity to be created will be inadequate: Industry experts
The Union Cabinet approved the creation of the Bharat Maritime Insurance Pool (BMI Pool), backed by a sovereign guarantee of ₹12,980 crore. The pool will cov...
West Bengal BJP leader Dinesh Trivedi expected to be new Indian envoy to Bangladesh
The Government of India appointed Dinesh Trivedi, a former Union Minister, as the new High Commissioner to Bangladesh, replacing career diplomat Pranay Verma...
Iran says final deal still far off as Hormuz Strait shuttered
Iran re-imposed a full closure of the Strait of Hormuz on April 18, 2026, hours after having briefly reopened it following a ceasefire agreement — the second...
CAFE 3: Car prices to rise up to ₹1.25 lakh; ₹1.48 lakh cr industry impact
India's Corporate Average Fuel Efficiency Phase III (CAFE III) norms are set to take effect from April 1, 2027, running through March 31, 2032. Car prices ar...
Indian tanker clears Hormuz as two vessels turn back after firing
The Indian-flagged crude oil tanker Desh Garima, carrying 31 Indian seafarers, successfully transited the Strait of Hormuz on April 18, 2026, making it the 1...
Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session
The central government is considering raising the FDI cap in the pension sector from 49% to 100%, mirroring the liberalization recently carried out in the in...
Iran-Israel war LIVE: Strait of Hormuz to stay closed until port blockade lifts, Iran says
The Strait of Hormuz remained under Iranian military control on April 19, 2026, as Iran maintained its position that the waterway would stay closed until the...
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
The Union Cabinet approved the creation of the Bharat Maritime Insurance Pool (BMI Pool), backed by a sovereign guarantee of Rs 12,980 crore to ensure uninte...
Tenth Indian-flagged ship crosses Hormuz, two others fired at by IRGC
The tenth Indian-flagged ship successfully crossed the Strait of Hormuz even as the IRGC (Iran's Islamic Revolutionary Guard Corps) opened fire on two other ...