Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Russia offers fertiliser supplies to Global South amid Strait of Hormuz crisis
With the 2026 Strait of Hormuz crisis severely disrupting global fertiliser shipments, Russia has positioned itself as an alternative supplier to Global Sout...
New Income Tax Act 2025: Breaking down benefits for individuals
The Income Tax Act, 2025 — which replaces the 64-year-old Income Tax Act, 1961 — takes effect from April 1, 2026, introducing sweeping changes in how individ...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data shows
India exported approximately 7.45 million barrels of diesel to Southeast Asia in March 2026, the highest volume in seven and a half years, driven by tighteni...
In a fillip for e-commerce export, India eases norms for couriers
The Central Board of Indirect Taxes and Customs (CBIC) operationalised a set of comprehensive reforms for e-commerce exports and courier trade from April 1, ...
India warns against forced rules, flags WTO legitimacy risks at ministerial meet
At the World Trade Organisation's 14th Ministerial Conference (MC14) held in Yaoundé, Cameroon, Commerce and Industry Minister Piyush Goyal led India's deleg...
Missiles overhead, mines below: How an Indian LPG tanker survived the Hormuz blockade
The Indian-flagged LPG tanker Pine Gas, carrying 45,000 metric tons of LPG, was stranded for nearly three weeks after Iran began selectively blocking passage...
New income-tax act takes effect today
From April 1, 2026, the Income Tax Act, 2025 replaces the 1961 Act, bringing the most comprehensive overhaul of India's direct tax law in six decades. Share ...
RBI's net short position rises to $77 billion in Feb as it defends rupee
The Reserve Bank of India's net short dollar position in its forward book rose to $77.5 billion in February 2026, a record high, up from $68.42 billion in Ja...
Centre plans sweeping reforms as West Asia war jolts supply chains
The Union government is preparing a comprehensive reform plan in response to supply chain disruptions caused by the West Asia war, with energy security and f...
On global tensions and India’s economy
The ongoing U.S.-Israel-Iran conflict has transmitted an acute external shock to India's economy through three primary channels: elevated crude oil prices, d...
Vegetable prices crash up to 80% since January, deepening farm distress
Since January 2026, vegetable prices in India have crashed sharply: potatoes down ~40%, onions ~50%, and tomatoes by up to 80% from recent highs. The crash i...
World Bank-funded health scheme in Kerala might need more scrutiny
Kerala's government received World Bank approval for the Kerala Health System Improvement Programme (KHSIP), a ₹3,464-crore ($280 million) project to be impl...
Japan to create special cell to push FDI into India
Japan's Ministry of Foreign Affairs is establishing a new dedicated center to assist Japanese companies in navigating India's regulatory environment and iden...
Courier export cap removed to boost ecomm shipments, cut logistics delays
From April 1, 2026, the Central Board of Indirect Taxes and Customs (CBIC) has abolished the ₹10 lakh (₹1 million) per-consignment value cap on courier expor...
Hormuz blocked, but India may get first delivery of Iranian crude oil after 7 years
An Iranian crude oil tanker is set to deliver its cargo to India for the first time in approximately seven years, even as the Strait of Hormuz remains effect...
Telangana Assembly passes Gig Workers Bill: What is the Bill about, and how other states with such laws have fared
The Telangana Assembly passed the Telangana Platform-based Gig Workers (Registration, Social Security and Welfare) Bill, 2026 on March 30, 2026, making Telan...
India signs record 219 Advance Pricing Agreements in FY26
India's Central Board of Direct Taxes (CBDT) signed a record 219 Advance Pricing Agreements (APAs) during FY2025-26, the highest annual total since the progr...
India may pivot to the US as conflict clouds availability of LPG from West Asia
India is actively diversifying LPG imports away from West Asia towards the United States, with US-origin supplies expected to remain competitive in Asian mar...
Popular duty remission scheme for exporters extended till September 30
The government extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to September 30, 2026, providing relief to Indian exporters fa...
India could face pressure as US pushes plurilateral e-commerce moratorium
The WTO's e-commerce customs duties moratorium — which has prevented WTO members from imposing customs duties on electronic transmissions since 1998 — expire...