Facing domestic cooking gas supply squeeze, Indian refiners up LPG production by 10%, secure 20 very large gas carriers
India is facing an acute LPG (liquefied petroleum gas / cooking gas) supply squeeze, primarily because of disruptions to the Strait of Hormuz, through which ...
Economics
International Relations
Internal Security
4 min
Complete coverage: Hotels, restaurants across India grapple with gas shortage as West Asia conflict prolongs
The ongoing US-Israel-Iran conflict in West Asia has effectively disrupted the Strait of Hormuz — the narrow maritime chokepoint through which approximately ...
Polity & Governance
Economics
5 min
Cabinet clears Jal Jeevan Mission 2.0 & other projects worth Rs 8.8 lakh crore
The Union Cabinet approved the restructuring and extension of Jal Jeevan Mission (JJM) on March 10, 2026, with an enhanced total outlay of Rs 8.69 lakh crore...
Economics
Polity & Governance
5 min
Union Cabinet approves key changes to IBC and Companies Act 2013
The Union Cabinet approved amendments to the Insolvency and Bankruptcy Code (IBC), 2016 and the Companies Act, 2013, following recommendations of a Lok Sabha...
Economics
Science & Technology
4 min
India's exports of active pharma ingredients at Rs 41,500 cr surpassed imports in FY25
India's exports of Active Pharmaceutical Ingredients (APIs) reached Rs 41,500 crore in FY2024-25, surpassing total API imports of Rs 39,215 crore — a histori...
Economics
International Relations
5 min
India taps alternative crude supplies as Iran conflict drags on
Indian refiners have begun negotiating emergency crude cargoes from the United States, Russia, and West Africa to offset disruptions caused by the effective ...
Economics
International Relations
6 min
Rupee rebounds from all-time low to 91.85 against US dollar
The Indian rupee staged a recovery from its record all-time low, gaining 36 paise to settle at 91.85 against the US dollar, as crude oil prices fell sharply ...
Economics
International Relations
5 min
West Asia war could impact demand and hurt the Indian economy, says Moody’s
Moody's Ratings has identified India as "highly vulnerable" to a prolonged Strait of Hormuz shutdown, predicting significant pressure on the rupee, higher in...
Govt rejigs gas allocation; LPG, CNG, piped cooking gas get top priority
The government issued the Natural Gas (Supply Regulation) Order, 2026 under the Essential Commodities Act, establishing a formal priority framework for gas a...
India's wheat output pegged at record 120.21 million tonnes in 2025-26, up 2%: Ministry
The Ministry of Agriculture and Farmers' Welfare released the Second Advance Estimates for 2025–26, pegging wheat output at a record 120.21 million tonnes (1...
Economics
Environment & Ecology
4 min
Govt set to launch new version of PM KUSUM scheme focusing on agri solar PV component
The government is preparing to launch PM-KUSUM 2.0, the successor to the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan scheme, with a dedicated ...
Govt rejigs gas allocation to ensure uninterrupted cooking gas, CNG supply
The Ministry of Petroleum and Natural Gas issued the Natural Gas (Supply Regulation) Order, 2026, under the Essential Commodities Act, to regulate the produc...
Fiscal deficit as percentage of GDP revised upwards for FY'23 to FY'25 after GDP base revision
The Ministry of Statistics and Programme Implementation (MoSPI) released a new GDP series on February 27, 2026, shifting the base year from 2011-12 to 2022-2...
Polity & Governance
Economics
4 min
PM hails cabinet decisions on boosting rail, road connectivity
The Union Cabinet approved multiple projects focused on rail and road connectivity, with emphasis on tribal and rural regions Jal Jeevan Mission extended as ...
Economics
International Relations
5 min
Govt eases FDI norms for China, other countries sharing land border with India: Sources
The Union Cabinet approved an amendment to Press Note 3 (2020 Series), relaxing the mandatory prior government approval requirement for foreign direct invest...
RBI issues Directions on Prudential Norms on Declaration of Dividend and Remittance of Profit by Regulated Entities
The Reserve Bank of India issued five Master Directions and four accompanying Repeal Directions on March 10, 2026, establishing a comprehensive and uniform p...
Reserve Bank of India (Small Finance Banks – Prudential Norms on Declaration of Dividend) Directions, 2026
The Reserve Bank of India (RBI) issued the "Small Finance Banks — Prudential Norms on Declaration of Dividend Directions, 2026" (RBI/2025-26/391) on March 10...
Economics
Environment & Ecology
4 min
Hybrid super-credits could distort India’s CAFE-III emission targets, warns ex-NITI Aayog official
A former senior official of NITI Aayog warned that the proposed inclusion of "hybrid super-credits" in India's forthcoming CAFE-III (Corporate Average Fuel E...
Economics
International Relations
4 min
West Asia conflict: Oil tops $100 a barrel, gas shortage fear grips restaurants, tiles industry
Crude oil prices surged past $100 per barrel — and briefly touched $119 at peak — following escalating US-Israel military action against Iran, marking the fi...
Economics
International Relations
5 min
Refineries told to boost LPG production for domestic use, petroleum ministry says amid Iran war
The Ministry of Petroleum and Natural Gas directed all oil refineries to maximise LPG (Liquefied Petroleum Gas) production and channel additional output excl...