Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Payments Vision 2028
The Reserve Bank of India released Payments Vision 2028, providing strategic direction for the development of India's payment and settlement systems through ...
RBI releases Master Direction on Unique Identifiers in Financial Markets
The Reserve Bank of India (RBI) released a consolidated Master Direction on Unique Identifiers in Financial Market Transactions (Press Release 2025-2026/2334...
Master Direction - Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026
The Reserve Bank of India issued the Master Direction — Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026 — under Section 45W ...
Stock markets fall 1%, rupee falls past 94/$ on Iran war, crude oil prices
Indian equity benchmarks (BSE Sensex and NSE Nifty 50) fell approximately 1% (Sensex down ~800 points) on March 27, 2026, as global crude oil prices surged d...
Excise duty on petrol slashed to Rs 3, diesel zero amid West Asia crisis
The central government slashed excise duty on petrol by ₹10 per litre, reducing the Special Additional Excise Duty (SAED) from ₹13 to ₹3, and eliminated exci...
A perfect storm: Why gold prices are down after 2025’s historic surge
Gold, which gained approximately 64% in 2025 (its best annual performance since 1979), posted its worst seven-day decline since 1983 in the week ending March...
How petrol, diesel excise duty cut provides some respite to oil companies, shields consumers from fuel price shock
The Central Government reduced excise duty on petrol and diesel by ₹10 per litre to protect consumers from a global crude oil price shock triggered by the es...
Lok Sabha sends Corporate Law Amendment Bill 2026 to JPC
Union Finance Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026 in Lok Sabha on March 23, 2026. The Lok Sabha referred the bil...
WTO MC14: Reform discussions anchor agenda as Ministerial opens in Cameroon
The World Trade Organization's 14th Ministerial Conference (MC14) opened on March 26, 2026 in Yaounde, Cameroon, with 166 member delegations attending — the ...
Hormuz disruption risks ripple across global agri markets, says Goldman Sachs
Goldman Sachs has flagged risks to global agricultural markets from a potential disruption to shipping through the Strait of Hormuz, the narrow waterway link...
Banas Bio-CNG model gains national traction; Gujarat allocates ₹60 crore for expansion
Gujarat has allocated ₹60 crore in its 2026–27 state budget to expand Bio-CNG plant infrastructure through cooperative milk production societies, building on...
Centre cuts special additional excise duty on petrol, diesel by ₹10; retail prices unchanged
The central government reduced the Special Additional Excise Duty (SAED) on petrol and diesel by ₹10 per litre each, effective March 26, 2026. Simultaneously...
India eyes China pivot for edible oil supplies to rein in prices
India is exploring the possibility of sourcing edible oils from China to help moderate domestic edible oil prices, which have remained elevated due to global...
Beyond oil: The crucial exports blocked by Hormuz closure
The Strait of Hormuz closure triggered by the 2026 Iran-US-Israel conflict has disrupted far more than oil and gas — affecting the global supply of food, fer...
“PM wanted consumer prices not to rise”: Sitharaman hails fuel excise cuts
Finance Minister Nirmala Sitharaman stated that the Prime Minister's priority was ensuring domestic consumer prices do not rise despite the West Asia-driven ...
Rupee crashes, hits record low of 94.56 against U.S. dollar
The Indian rupee fell to an unprecedented intraday low of 94.56 against the US dollar on March 27, 2026, the weakest level ever recorded The rupee breached t...
Centre cuts excise duty for petrol to Rs 3/litre & zero for diesel amid global oil shock
The central government reduced excise duty on petrol by approximately ₹10 per litre, bringing the effective rate down to ₹3 per litre, while cutting excise d...
India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources say
India is engaged in diplomatic and commercial discussions with Argentina, Indonesia, and Oman to secure long-term supplies of steelmaking raw materials — pri...
ICRA revises Indian aviation outlook to negative
Rating agency ICRA revised its outlook for the Indian aviation sector from stable to negative, citing surging Aviation Turbine Fuel (ATF) costs driven by ele...
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
Asia — which is more heavily dependent on crude oil, gas, fuel, and fertilisers from West Asia than any other world region — is experiencing severe supply di...