Economy & Policy News

Ecommerce tariffs: India open to a longer extension of the moratorium

This will give businesses greater predictability, says Goyal

'₹12,754 cr misclassified, ₹54,282 cr in pending utilisation certificates'

Audit shows delays, misbookings affecting transparency in Union accounts

Datanomics: India's energy efficiency gains amid import woes deepen

India energy efficiency trends, energy intensity India decline, crude oil import dependence India, natural gas imports India growth, Strait of Hormuz impact India energy, Persian Gulf supply disruptio

West Asia conflict: City of Glass cracks under Iran war's distant heat

Starting in Firozabad, where cooled furnaces and scattered shards of glass mirror fragile livelihoods, this six-part series traces the ripple of the West Asia war across India

Govt permits C3, C4 allocation for pharma, chemicals, and food sectors

A government committee will evaluate sector-wise allocation of C3 and C4 streams for key sectors amid supply constraints and rising energy prices due to the West Asia crisis

Petchem import duty waiver to cost govt ₹1,800 crore in 3 months

The exemption on a wide range of critical petrochemical products till June 30, 2026, is a temporary and targeted relief to shield domestic manufacturers from disruptions caused by the Iran war

India manufacturing PMI plummets to 4-year low amid West Asia conflict

Industry 'takes a step back' as market uncertainty and cost pressures increase

Govt bond yields surge 9 basis points on rise in crude oil prices

Government bond yields climbed as crude oil and US Treasury yields rose, while improved liquidity conditions pushed overnight rates below the policy repo rate

India, UK FTA may come into force in next 30 to 45 days: Goyal

Goyal held a bilateral meeting with Peter Kyle, UK's Secretary of State for Business and Trade, on the sidelines of the 14th ministerial conference of the WTO last month in Cameroon

Indian banks' tighter liquidity may add to margin pressure: Report

In response, it said, the RBI increased the supply of durable liquidity to the banking system since 2HFY25 through government bond buybacks and open-market purchases

More measures on anvil to help exporters tackle West Asia crisis: Goyal

Government is considering fresh measures, including freight support, to help exporters manage rising costs and disruptions caused by the ongoing West Asia crisis, says Goyal

IMF, IEA, World Bank join hands to manage West Asia crisis impact

IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability

Agro-chemical sector sees input costs falling 8-9% after customs duty cut

The duty exemption will start from April 2 and continue till June 30, 2026, an official order said

West Asia crisis: More measures on anvil to support exporters, says Goyal

An US-Israel attack launched on Iran in February has disrupted movement of ships in the international waters. It has also pushed air freight and insurance cost for traders

Centre, RBI aligned on curbing currency speculation amid rupee fall

State-run banks should refrain from speculative positions in offshore markets when the rupee is under pressure, a person familiar with the matter said

Govt exceeds FY26 indirect tax collection estimates of ₹15.52 trillion

However, the collection from health and national security cess, which is levied on pan masala manufacturing has missed the target

No dearth of fuel or gas in country: Defence Minister Rajnath Singh

The defence minister further said that Prime Minister Narendra Modi was using his diplomatic skills to protect Indian interests in the Gulf region

Manufacturing PMI at 4-year low in March as West Asia war hits demand

Input cost inflation hit a 43-month high in March, while softer demand, market uncertainty and the West Asia war slowed new orders and output growth

Centre uses LPG import crunch to speed up piped gas adoption, cut imports

In March, India added 580,000 new households to its piped gas network, up from 342,300 a year earlier

Venezuelan crude exports surge to 6-year high as India fills China gap

Indian refiners, including Reliance Industries Ltd, Hindustan Petroleum Corp and Indian Oil Corp have purchased a combined 343,000 barrels a day for loading in March