Polity & Governance
Economics
5 min
Many Maharatna, Navratna PSUs face board governance gaps: Survey
A corporate governance survey by Excellence Enablers — led by former SEBI chairperson M. Damodaran — covering all 40 Maharatna and Navratna PSUs found signif...
International Relations
Economics
Geography
6 min
Oil, gas prices continue to spike as tensions mount in West Asia
Oil and natural gas prices surged sharply in the first days of March 2026 as the Iran-US-Israel war escalated and supply disruptions from the Gulf region mul...
Factory output grew by 4.8% in January, lowest in 3 months
India's Index of Industrial Production (IIP) recorded 4.8% year-on-year growth in January 2026, released by MoSPI on March 2, 2026 (with the standard ~6-week...
Economics
International Relations
4 min
Consumer durables, FMCG firms stare at heightened cost pressures amidst escalating conflict in West Asia
India's consumer durables and fast-moving consumer goods (FMCG) sectors are facing sharply elevated cost pressures as the West Asia conflict drives up crude ...
International Relations
Science & Technology
Economics
5 min
India and Canada reset ties with 'landmark' nuclear energy deal
India and Canada reset their bilateral relationship with a landmark nuclear energy deal on March 2, 2026, marking the most significant diplomatic shift betwe...
Economics
International Relations
Geography
6 min
QatarEnergy halting LNG production may impact India’s gas consumption
QatarEnergy, the world's largest LNG producer, suspended all LNG production and associated products on March 2, 2026, after Iranian drones struck critical in...
Rupee crashes 42 paise to settle at 91.50 against U.S. dollar
The Indian rupee depreciated sharply by 42 paise on March 2, 2026, settling at ₹91.50 against the US dollar — its weakest level at that point in the West Asi...
Stock market crashes 1.25% on U.S.-Iran strikes
Indian equity markets suffered a sharp sell-off on March 2, 2026, as news of US and Israeli strikes on Iran — including reports of the killing of Supreme Lea...
International Relations
Economics
5 min
U.S. futures, Asian shares open lower, oil prices soar as U.S. and Israeli attack Iran
US and Israel conducted joint military strikes on Iran around February 28-March 1, 2026, targeting government buildings and military installations Brent crud...
International Relations
Economics
4 min
US-Iran war leaves 70,000 tonne of Indian Basmati to Gulf stuck on high seas
The US-Iran war and the resulting closure of the Strait of Hormuz has stranded an estimated 70,000 tonnes of Indian basmati rice specifically in transit to G...
Economics
International Relations
5 min
Escalating West Asia conflict poses risk for Indian tea exports
The escalating West Asia conflict, triggered by US-Israeli strikes on Iran under Operation Epic Fury in late February 2026, has effectively halted shipping t...
Industrial production index growth slows to three-month low of 4.8%, dragged by slowdown across sectors
India's Index of Industrial Production (IIP) grew 4.8% year-on-year in January 2026, marking a three-month low, driven primarily by a deceleration in manufac...
Economics
International Relations
4 min
Russian buffer for crude, but India’s LPG imports vulnerable as Iran conflict chokes Strait of Hormuz
As US-Israel military strikes on Iran in late February 2026 disrupted tanker traffic through the Strait of Hormuz, India's crude oil supply from the Gulf fac...
Economics
International Relations
4 min
West Asia flight suspensions strand export cargo; trade seeks demurrage waiver
The suspension of commercial flights over Iran, Iraq, and parts of the Gulf region has caused significant disruption to India's air cargo exports, leaving co...
Economics
International Relations
5 min
Indian edible oil sector turn cautious amid Iran crisis; oilmeals shipments may be hit
India's edible oil and oilmeals sector has shifted into a cautious "wait-and-watch" mode following the US-Israel strikes on Iran and Iran's retaliatory attac...
Economics
International Relations
4 min
West Asia tensions trigger déjà vu crisis for Indian cashew industry
The escalation of the US-Israel-Iran conflict has disrupted India's cashew industry, which depends heavily on West Asian markets for exports and on West Afri...
International Relations
Economics
5 min
Modi meets Canadian PM Mark Carney in Delhi, delegation-level talks today
Prime Minister Narendra Modi held delegation-level talks with Canadian Prime Minister Mark Carney in New Delhi on March 2, 2026, marking a historic inflectio...
Economics
International Relations
5 min
Indian buyers may find pistachios, figs and raisins pricey following Gulf crisis
The Iran-US-Israel conflict that erupted in late February 2026 is disrupting India's imports of dry fruits and nuts — principally pistachios, figs, raisins, ...
Economics
International Relations
6 min
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...
Economics
International Relations
5 min
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 ...