Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Freedom of navigation important for global economic security: EAM Jaishankar
External Affairs Minister S. Jaishankar, speaking at the G7 Foreign Ministers' Meeting in Paris, underscored that freedom of navigation is indispensable for ...
Prolonged West Asia conflict to cut growth in Asia by 1.3 points, spike inflation by 3.2 points over 2026-27: ADB
The Asian Development Bank (ADB) has warned that a prolonged and severe West Asia conflict could reduce growth in developing Asia and the Pacific by 1.3 perc...
Trump’s Iran war pushes India to rekindle old friendship with Russia
India and Russia have revived talks on a direct LNG supply deal, with a verbal agreement reached during a March 19 meeting between Russian Deputy Energy Mini...
Indian exports to West Asia come to a near-halt four weeks into the crisis
Indian exports to West Asia have nearly ceased four weeks after the US-Israel strikes on Iran (February 28, 2026), with exporters facing a cascading set of p...
Govt hikes commercial LPG allocation to 70% of pre-war levels, in sign of easing supply constraints
The Petroleum Ministry raised states' commercial (non-domestic) LPG allocation to 70% of pre-West Asia conflict levels — an increase of 20 percentage points ...
Indian farmers’ woes may rise as 50% of India’s key reservoirs half empty
About 50% of India's 166 major reservoirs monitored by the Central Water Commission (CWC) are storing less than half their capacity as of March 2026, with so...
India faces mounting pressure on investment pact at WTO as Türkiye withdraws objection
At the WTO's 14th Ministerial Conference (MC14) in Yaoundé, Cameroon, Türkiye announced it was withdrawing its objection to the Investment Facilitation for D...
Centre cuts excise duty by Rs 10/litre to absorb global oil shock, levies export tax to steady supply
The Central Government announced a reduction in excise duty on petrol and diesel by ₹10 per litre and simultaneously imposed an export tax on petroleum produ...
Rupee slumps to record low past ₹94 per dollar, set for worst fiscal in more than a decade
The Indian rupee fell past ₹94 per US dollar on March 27, 2026, touching an intraday low of ₹94.82 — a fresh all-time record low. The rupee is on track for i...
Excise duty cut on petrol, diesel; hike in export duties to cost exchequer Rs 5,500 cr in fortnight
The Central Government sharply reduced the Special Additional Excise Duty (SAED) on petrol from ₹13 per litre to ₹3 per litre, and on diesel from ₹10 per lit...
India levies duties on diesel, jet fuel exports amid oil supply threat due to US-Iran war
The central government imposed a fresh export duty of ₹21.5 per litre on diesel and ₹29.5 per litre on aviation turbine fuel (ATF), reinstating a mechanism f...
Goyal holds talks with USTR Jamieson Greer; discusses next steps in India-US BTA negotiations
Union Commerce and Industry Minister Piyush Goyal met US Trade Representative (USTR) Jamieson Greer on the sidelines of the WTO's 14th Ministerial Conference...
West Asia crisis, sea route disruptions hit India’s coffee exports to the region, Europe, U.S.
Approximately 300 containers of Indian coffee exports are stranded at various ports or moving slowly through the Strait of Hormuz, as the ongoing US-Iran con...
China launches two 'reciprocal' probes into US trade practices
China's Ministry of Commerce announced on March 27, 2026, that it has launched two formal "reciprocal" trade investigations into US practices that restrict C...
Middle East crisis: Rajnath Singh to head inter-ministerial group to monitor conflict-linked issues
The Union government has constituted an Inter-Ministerial Group (IMG) headed by Defence Minister Rajnath Singh to monitor issues arising from the escalating ...
RBI plans shared liability for digital frauds, pushes open card ecosystem in Vision 2028
The Reserve Bank of India's Payments Vision 2028 proposes a shared responsibility framework for unauthorised digital payment transactions, distributing liabi...
Unemployment rate falls to 3.1% in 2025; labour participation and wages improve: PLFS
India's unemployment rate dropped to 3.1% in calendar year 2025, according to the Periodic Labour Force Survey (PLFS), marking a significant improvement in l...
Standing committee on labour directs govt to track placement data on NCS portal
The Parliamentary Standing Committee on Labour, Textiles and Skill Development, chaired by Basavaraj Bommai, directed the government to systematically track ...
Union Budget 2026 gets Parliament nod; Finance Bill approved
Parliament approved the Finance Bill 2026, formally completing the legislative process for the Union Budget 2026-27 presented by Finance Minister Nirmala Sit...
Synergy, Team India spirit: What was discussed in key PM Modi-CMs meet amid Iran war
Prime Minister Narendra Modi chaired a virtual meeting with Chief Ministers and Lieutenant Governors of all states and Union Territories on March 27, 2026 to...