Economy

February PMI services comes in at 58.1; new order growth at 13-month low

While greater client enquiries and marketing efforts supported sales at some units, a few companies suggested that an increasingly competitive environment dampened growth

MRPL declares force majeure on gasoline exports cargoes amid Gulf crisis

The state-run refiner, which operates a 500,000-barrel-per-day refinery in the southern state of Karnataka, exports about 40 per cent of its refined fuel output

Diversification key to India's solar panel exports after US levy

With the US imposing a 126% tariff, India's solar panel exporters face rising overcapacity and heavy dependence on a single market

India grapples with grid curtailment, biggest test yet on energy transition

Rising renewable energy capacity is straining India's grid, forcing curtailments and raising concerns over stability

Indian households face a looming fuel crunch as West Asia crisis drags on

War in the Persian Gulf threatens LPG supplies to India, raising the risk of cooking gas shortages and inflation if cargoes remain stranded beyond weeks

Qatar shuts LNG output; supplies to India hit, city gas sector flags crisis

Qatar's LNG halt and Strait of Hormuz disruption trigger supply cuts to India, squeezing city gas firms and pushing buyers toward costly spot cargoes

Call on standards within 6 months of trade pact rollout: USTR report

The Report said India will address longstanding non-tariff barriers to trade in US food and agricultural products

Datanomics: India's crude flows via Hormuz at risk amid West Asia crisis

India's dependence on the Strait of Hormuz for crude oil imports has declined, with its share falling from 55 per cent in 2020 to 41 per cent in Q1 2025

Enhancing maturity of accounts of local bodies to get priority: CAG

CAG Sanjay Murthy says improving local body accounts and standardising how states report fiscal transfers is essential as Finance Commission grants expand and accountability demands grow

Hookah served with food in restaurants to be taxed separately: WB AAR

Tobacco-based hookah will attract 40 % GST, while non-tobacco (herbal) hookah will be taxed at 18%

West Asia conflict: Govt forms panel for supply chain resilience

The committee, comprising officials from the FM, MEA, shipping ministry and oil ministry, is expected to ensure coordination among departments and engage with export promotion councils

India 'well stocked' with crude oil to meet supply disruptions: Puri

India holds around 25 days of crude and petroleum products and may diversify crude sourcing as the Strait of Hormuz faces disruptions, Oil Minister Puri said

Chatroom: Consider ICC Code and local laws before advertising abroad

TNC Rajagopalan answers SME queries related to GST, export and import matters

PM Narendra Modi asks industry to make the most of trade deals

Modi tells India Inc to ramp up investments in R&D and never compromise on quality

Science, technology and talent: Pillars of India-Canada renewed partnership

India and Canada are building a future talent pipeline through a strengthened partnership grounded in shared values and sustainability, powered by science, technology and innovation

Productive capital, inclusion key to next growth phase: RBI Dy Guv

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

Japan in talks with India to jointly explore rare earths in Rajasthan

Following on a preliminary pact on critical minerals that Japan and India signed last year, Tokyo has expressed interest in the Rajasthan deposits and plans to send experts to the site

Ongoing conflict in West Asia to discourage investment into India: BMI

Despite the favourable readings of policy uncertainty so far in 2026, BMI kept the FY2026/27 growth outlook unchanged, projecting a 7 per cent GDP expansion

India most vulnerable to prolonged disruptions to West Asian oil: Analysts

Both ​China and India, Asia's top energy consumers, source around half of their crude imports from the West Asia, but India has far less oil in storage than its neighbor

Govt moves to shield trade as West Asia conflict chokes sea routes

The Centre has set up a multi-ministry support desk to assist exporters and importers as the West Asia conflict disrupts cargo movement, congests ports and heightens logistics challenges