Economics
Trade, fiscal policy, banking, agriculture and economic indicators
PMI slows to lowest level in 4 years in March
The HSBC India Manufacturing Purchasing Managers' Index (PMI) fell to 53.9 in March 2026 from 56.9 in February, marking the weakest manufacturing expansion i...
Govt imposes import curbs on all articles of gold, silver, platinum
The Directorate General of Foreign Trade (DGFT) revised the import policy for all articles of gold, silver, and platinum jewellery (under Customs Tariff Head...
US Allies Work On Plan B For Hormuz Strait If Trump Walks Away
More than 40 countries participated in a virtual meeting on April 2, 2026, hosted by British Foreign Secretary Yvette Cooper, to coordinate measures to reope...
India is looking at preferential access to US market, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal stated that India is seeking preferential access to the US market as a core objective of ongoing bilateral trade ...
India Inc seeks export ban on key inputs, QCO relief
Indian industry associations have approached the government seeking export bans on key raw material inputs to prevent domestic shortages created by the disru...
Key petrochemical products get 3 month import duty relief
The Finance Ministry reduced customs duty to nil on 40 key petrochemical products, effective April 2, 2026, with the exemption valid until June 30, 2026. The...
A shield for India Inc: How govt is blunting the Iran war shock
The government has rolled out a targeted package of economic measures to blunt the impact of the Iran war on India's economy, avoiding sweeping market interv...
Passage of Jan Vishwas Bill India’s giant step in accelerating ease of living: Amit Shah
Parliament passed the Jan Vishwas (Amendment of Provisions) Bill, 2026 — Lok Sabha on April 1, 2026, and Rajya Sabha on April 2, 2026. The Bill amends 784 pr...
Income tax dept opposes benefits to Jane Street Singapore
India's income tax department issued a draft assessment order challenging treaty benefits claimed by Jane Street's Singapore arm for financial year 2023-24. ...
Defence exports skyrocket to record Rs 38,424cr in 2025-26, 62.7 per cent rise over previous fiscal
India's defence exports reached an all-time high of Rs 38,424 crore in FY2025-26, a 62.7% jump from Rs 23,622 crore in FY2024-25. The milestone exceeds the g...
India talks trade expansion with China, a first after 2019 RCEP talks exit
India and China have resumed formal discussions on trade expansion — the first such engagement since India walked out of RCEP negotiations in November 2019. ...
‘Stop your games’: Rajya Sabha erupts as Kiren Rijiju hints at special session; Opposition alleges poll code violation
Parliamentary Affairs Minister Kiren Rijiju dropped strong hints in the Rajya Sabha that the government intends to introduce "a very significant bill" in a s...
Mumbai-Ahmedabad bullet train project: How tunnel construction is progressing on MAHSR corridor
The Mumbai-Ahmedabad High Speed Rail (MAHSR) project's undersea tunnel construction is progressing, with the 21-km tunnel section between Bandra-Kurla Comple...
India’s defence exports increased by 62.66% in 2025-26 to reach all-time high of Rs 38,424 crore: Ministry
India's defence exports reached an all-time high of Rs 38,424 crore in FY 2025-26, a 62.66% jump over the previous year's Rs 23,622 crore, as announced by De...
India’s exports to Australia double under ECTA in four years
India's exports to Australia more than doubled in the four years since the India-Australia Economic Cooperation and Trade Agreement (ECTA) came into force, r...
Hormuz crisis chokes shipping, sends freight rates soaring fivefold
The blockade of the Strait of Hormuz, following Iran's closure of the waterway in response to US-Israeli strikes on February 28, 2026, has caused freight rat...
Iran War: Fertiliser, agri-input stress emerges; Kharif outlook hinges on policy, farmer choices
The West Asia conflict and Strait of Hormuz blockade are creating significant stress in India's fertiliser supply chains, with serious implications for khari...
India agrees to longer WTO e-commerce moratorium, opposes plurilateral push without safeguards
At the WTO's 14th Ministerial Conference (MC14) held in Yaounde, Cameroon (March 2026), India agreed to an extended moratorium on customs duties on electroni...
‘India is 100% import‑dependent for Helium, making many industries acutely vulnerable to global disruptions’
Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA), has warned that India is 100% import-dependent for helium — a critica...
Iran fires missiles at Israel after Trump threatens weeks of strikes
Iran launched missile attacks against Israel in response to US President Donald Trump's threats of "weeks of strikes" against Iran's nuclear and energy infra...