Economics

A Comptroller and Auditor General (CAG) report on Gujarat's finances found that as of March 2025, 4,258 Utilisation Certificates (UCs) totalling ₹7,431.84 cr...

The central government reduced excise duty on petrol by ₹10 per litre (from ₹13/litre to ₹3/litre) and fully eliminated excise duty on diesel (from ₹10/litre...

The Union Cabinet approved the Bharat Audyogik Vikas Yojana (BHAVYA), a ₹33,660 crore scheme to develop 100 plug-and-play industrial parks across India over ...

Oil prices fell sharply after US President Donald Trump announced a pause in US military strikes against Iran's energy infrastructure, with Trump indicating ...

BYD, China's leading electric vehicle manufacturer and the world's top EV seller in 2025, has stated that meaningful global competition in the EV sector lies...

Following the outbreak of the US-Israel-Iran conflict on February 28, 2026, Iran virtually blocked the Strait of Hormuz — the narrow maritime passage between...

India's Ministry of Heavy Industries issued an advisory to the automobile industry on March 25, 2026, urging companies to optimise production, shift factory ...

The central government reduced the Special Additional Excise Duty (SAED) on petrol by Rs 10 per litre, bringing the SAED component to Rs 3 per litre Diesel h...

A Reuters poll of economists indicated that the Reserve Bank of India is expected to maintain its key policy repo rate at 5.25% until at least mid-2027. The ...

The Central government cut excise duty on petrol by ₹10 per litre and on diesel by ₹10 per litre, reducing petrol's Special Additional Excise Duty to ₹3 per ...

The Indian rupee hit an intraday record low of 94.56 per US dollar on March 27, 2026 — the first time it breached the 94.50 level. The depreciation was drive...

The Indian rupee slid past the 94-per-dollar mark to a record low, depreciating approximately 3.5% since the Iran-related West Asia conflict began on Februar...

India's wheat production for the 2025-26 crop year is now expected to be approximately 113.5–114 million tonnes — higher than last year's 109.5–110 million t...

Rating agency ICRA warned that India's fiscal deficit target for FY27 faces material downside risks due to elevated global energy prices driven by the ongoin...

India's electricity demand in January 2026 reached 143 billion units (BU) — the highest January demand in 16 years — while peak demand touched 245.4 GW, a fi...

Iran's Foreign Minister Abbas Araghchi announced on March 26, 2026 that ships owned by five nations — India, Pakistan, Russia, China, and Iraq — would be per...

India has pledged to achieve 500 GW of non-fossil fuel-based electricity capacity by 2030, a commitment made at COP26 (Glasgow, 2021) and enshrined in its up...

Jawaharlal Nehru Port Authority (JNPA) crossed 100 million tonnes (MMT) of cargo traffic in FY26, marking the first time the port has crossed this milestone....

The Indian Navy launched Operation Urja Suraksha ("Energy Protection") to provide protected transit for India-bound energy vessels — carrying LPG, LNG, and c...

A senior US official stated that a bilateral trade deal between India and the United States is "not far off" but acknowledged that significant gaps remain, p...