Economics
Trade, fiscal policy, banking, agriculture and economic indicators
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...
India pushes China for balanced trade as Piyush Goyal, Wang Wentao interact in 1st such meet in 7 yrs
Commerce and Industry Minister Piyush Goyal met Chinese Commerce Minister Wang Wentao on the sidelines of the WTO's 14th Ministerial Conference (MC14) in Yao...
Governor is bound by council of ministers’ advice on release of convicts from prison: Madras high court
The Supreme Court has reiterated the settled constitutional position that the Governor is bound by the advice of the Council of Ministers when exercising pow...
India’s Russian crude purchases hit 9-month high in March amid West Asia war, but discounts vanish
India's crude oil imports from Russia climbed to a 9-month high of approximately 1.96 million barrels per day (mbpd) in March 2026, sharply up from 1.04 mbpd...
FinMin says indirect tax collection exceeds FY26 RE, cautious about FY27
The Finance Ministry confirmed that indirect tax collections have exceeded the FY26 Revised Estimate (RE) of ₹15.52 lakh crore — with the overall achievement...
LIC, New India Assurance, GIC continue to remain Domestic Systemically Important Insurers: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has continued to designate Life Insurance Corporation of India (LIC), The New India Assur...
West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenues
The Union government has initiated an assessment of the fiscal impact of recent tax concessions — including customs duty exemptions on petrochemicals and exc...
Govt plans rare earth magnet push; pre-bid meeting set for 7 April
The government has opened global bids to set up rare earth permanent magnet manufacturing units under a Rs 7,280 crore incentive scheme sanctioned by the Uni...
Several measures announced to cushion exporters from Gulf conflict impact: DGFT
The government announced full customs duty exemption on 40 specified critical petrochemical feedstocks and polymers, effective April 2 to June 30, 2026, thro...
Road ministry to compensate for price hike and volatility in commodity prices to contractors
The Ministry of Road Transport and Highways announced a temporary compensation mechanism for highway developers to offset commodity price volatility, effecti...
India stood alone to oppose IFD pact at WTO meet, won't join crowd just to look better: Goyal
At the 14th WTO Ministerial Conference (MC14) held in Yaoundé, Cameroon (March 30 – April 2, 2026), India was the sole dissenting voice against incorporating...