Economics
Trade, fiscal policy, banking, agriculture and economic indicators
GAAR shadow over payments abroad worries India Inc
Indian corporates are seeking clarity on the applicability of General Anti-Avoidance Rules (GAAR) to routine payments made to foreign entities — such as divi...
Government's Semicon India Programme to develop a complete ecosystem ranging from design to manufacturing
The government highlighted that the Semicon India Programme is being developed to create a complete semiconductor ecosystem — covering chip design, fabricati...
National Cooperative Organics Limited (NCOL)
The Union Cabinet approved the establishment of National Cooperative Organics Limited (NCOL) under the Multi-State Co-operative Societies Act, 2002, with the...
Despite rate reset, GST collection rises on strong consumption
India's Goods and Services Tax (GST) collections for March 2026 crossed ₹2 lakh crore, recording an 8.8% year-on-year growth — the third time this milestone ...
India permits exports of essential commodities to Maldives for 2026-27
India has renewed its annual commitment to export essential commodities to the Maldives for the fiscal year 2026-27, continuing a practice that began under a...
USTR lists India's UPI and data rules as trade barriers
The United States Trade Representative (USTR) released its annual National Trade Estimate (NTE) Report on Foreign Trade Barriers, identifying India's digital...
SEZ units can sell locally at lower duty for one year
The government announced a one-time relief allowing Special Economic Zone (SEZ) manufacturing units to sell goods in the domestic market at a concessional cu...
Domestic value addition in electronics manufacturing has improved significantly over the years; currently at 18%-20%
According to official data, India's domestic value addition (DVA) in electronics manufacturing has improved significantly over the years and currently stands...
Designed in backdrop of US tariffs, SEZ sops come into effect amid West Asia conflict
New incentives for India's Special Economic Zones (SEZs) have come into effect, introduced against the backdrop of two simultaneous external pressures: escal...
How an Indian LPG tanker escaped Hormuz via an unusual route
The Indian-flagged LPG tanker Pine Gas loaded cargo at the UAE's Ruwais port on February 27, 2026, expecting to transit the Strait of Hormuz and reach India ...
Was March the worst month ever for the Indian economy?
March 2026 is likely to be recorded as one of the worst months in recent Indian economic history, driven by the ripple effects of the US-Israel war on Iran a...
USTR flags barriers as US trade deficit with India widens 27% in 2025
The United States Trade Representative (USTR) released the 2026 National Trade Estimate (NTE) Report on Foreign Trade Barriers, flagging India as a market wi...
India exempts pre-2017 investments from GAAR, easing pressure on PE firms
India's Central Board of Direct Taxes (CBDT) issued a gazette notification on March 31, 2026, clarifying that General Anti-Avoidance Rules (GAAR) will not ap...
How Russian oil makes its way to India—two key routes, a backup & a sanctions hack
Russian crude oil travels approximately 7,000 nautical miles from Baltic Sea ports to Gujarat shores via two primary maritime routes, threading through the N...
Government allows SEZ export units to sell in domestic market at concessional rates
The Central Board of Indirect Taxes and Customs (CBIC) announced a one-time relief measure allowing manufacturing units in Special Economic Zones (SEZs) to s...
Australia’s Albanese says war's economic shock will be felt for months; urges using public transport
Australian Prime Minister Anthony Albanese delivered a rare national address — broadcast simultaneously across major television and radio networks — warning ...
Parliament passes IBC Amendment Bill, CoC now can call land authorities
Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill 2025 — Lok Sabha on March 30, 2026; Rajya Sabha with a voice vote on April 1, 2026. The...
Kerala likely to see 20% drop in remittances as West Asia war drags on
The West Asia war is expected to cause at least a 20% decline in remittances to Kerala in 2026, with the possibility of steeper falls if the conflict escalat...
GST collections rise 9 pc to over Rs 2 lakh cr in March, third highest in FY26
Gross GST collections in March 2026 grew approximately 9% year-on-year to over ₹2 lakh crore — the third highest monthly collection in the FY2025–26 fiscal y...
New I-T Act marks new chapter in India's tax administration, step towards Viksit Bharat: CBDT
The Income Tax Act, 2025 came into force on April 1, 2026, replacing the six-decade-old Income Tax Act, 1961 — India's most significant direct tax legislatio...