Economics
Social Issues
4 min
Maharashtra Budget 2026: Government waives crop loans up to ₹2 lakh for farmers
Maharashtra Chief Minister Devendra Fadnavis presented the state Budget 2026-27 on March 6, 2026, announcing a crop loan waiver of up to Rs 2 lakh for farmer...
Revised CPI basket signals shift toward services, inflation trend unchanged: SBI
India's National Statistical Office (NSO) released a new Consumer Price Index (CPI) series with base year 2024=100, replacing the decade-old 2012 base, on Fe...
Economics
Polity & Governance
5 min
India invokes emergency powers, directs refiners to maximise LPG production amid Middle East crisis
The Indian government invoked emergency powers under the Essential Commodities Act, 1955 (ECA/ESMA) to direct all public and private sector refiners to maxim...
Economics
International Relations
5 min
Implications of US-Israel-Iran conflict for India significant, says Finmin report
The Finance Ministry's February 2026 Monthly Economic Review warns that the implications of the US-Israel-Iran conflict could be "deeper and longer-lasting" ...
Economics
International Relations
4 min
Will US waiver on Russian crude help India offset Middle East losses? What market analysts say
The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a 30-day waiver (starting 5 March 2026, expiring 4 April 2026) permitting transac...
Polity & Governance
Economics
5 min
Essential Commodities Act: When and why did Centre invoke it last?
The Essential Commodities Act (ECA), 1955 remains one of the government's key instruments for managing food price surges, preventing hoarding, and ensuring s...
Economics
International Relations
4 min
India says it needs to build resource buffers, reprioritise fiscal spending
India has flagged its vulnerability to energy supply shocks, citing that crude oil stocks cover only approximately 25 days of demand, while around 40% of pet...
Economics
Geography
3 min
Mobile soil testing vans help farmers improve soil health across eastern India: Matix
Matix Fertilisers and Chemicals Limited launched its second Mobile Soil Testing Van (MSTV) to strengthen soil health support for farmers across eastern India...
Economics
International Relations
3 min
High war-risk premiums for airline insurance to push up airfares
War-risk insurance premiums for airlines operating on Gulf routes have spiked following the West Asia conflict, with additional costs of Rs 30-40 lakh per na...
International Relations
Economics
Geography
4 min
US-Israel-Iran war: JMIC data shows ‘near-total temporary pause in routine commercial traffic’ through Strait of Hormuz
The Joint Maritime Information Center (JMIC) confirmed a near-total temporary pause in routine commercial shipping through the Strait of Hormuz, with only tw...
India's forex reserves up by $4.88 bn to record high of $728.5 bn for week ending Feb 27
India's foreign exchange reserves surged by $4.88 billion to reach a record high of $728.5 billion for the week ending 27 February 2026, according to data re...
Economics
International Relations
4 min
India weighs steps to free stranded cargo as West Asia conflict disrupts trade routes
Commerce and Industry Minister Piyush Goyal stated that the government is holding discussions with the Ministry of Ports, Shipping and Waterways and companie...
Economics
International Relations
4 min
Prolonged Iran crisis could affect rupee, CAD, inflation, but reforms, trade deal raise FY27 GDP outlook to 7-7.4%: Govt
Geopolitical tensions in West Asia, driven by the Iran conflict, are keeping crude oil prices elevated and threatening India's macroeconomic stability across...
Economics
Polity & Governance
4 min
A.P.’s revenue deficit exceeded FRBM target of 2.7% in 2024-25, says report
The "Accounts at a Glance for 2024-25" report prepared by the Principal Accountant General (PAG) of Andhra Pradesh shows that the state's revenue deficit exc...
Economics
International Relations
4 min
India faces rupee, inflation risks from Middle East energy disruption: Moody's
Moody's Ratings warned that India faces pressure on the rupee, higher inflation, and a widening current account deficit if the West Asia conflict continues t...
Economics
International Relations
4 min
'No shortage of energy in India': Union minister Hardeep Singh Puri amid supply concerns due to US-Iran war
Union Petroleum Minister Hardeep Singh Puri assured that India faces no energy shortage despite the ongoing US-Iran conflict and volatility in West Asia Indi...
Polity & Governance
International Relations
Economics
5 min
Evening news wrap: UPSC announces CSE 2025 results; Qatar warns Gulf energy exports could halt if US-Iran conflict continues & more
The Union Public Service Commission (UPSC) on March 6, 2026, declared the final results of the Civil Services Examination (CSE) 2025, recommending 958 candid...
Economics
International Relations
4 min
Piyush Goyal in talks with shipping ministry, companies to tackle stuck cargoes as Middle East crisis stalls trade
Commerce Minister Piyush Goyal announced active discussions with the Ministry of Shipping and shipping companies to resolve the crisis of stranded Indian car...
Economics
International Relations
5 min
Indian refiners snap up Russian oil cargoes at sea after US waiver; seek legal clarity
The US Treasury's Office of Foreign Assets Control (OFAC) issued Russia-related General License 133, granting a 30-day waiver (effective March 5 to April 4, ...
Economics
Polity & Governance
5 min
Govt invokes ESMA powers, orders refiners to ramp up LPG production
The Ministry of Petroleum and Natural Gas issued an emergency order on March 5, 2026, invoking powers under the Essential Commodities Act, 1955 (commonly ref...