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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

Govt moves to shield trade as West Asia conflict chokes sea routes
Updated On : 02 Mar 2026 | 11:35 PM IST

Manufacturing PMI climbs to four-month high in Feb, rises to 56.9

However, the latest figure was significantly lower than the Flash India Manufacturing PMI of 57.5, released last month

Manufacturing PMI climbs to four-month high in Feb, rises to 56.9
Updated On : 02 Mar 2026 | 11:24 PM IST

India, Canada sign $1.9 bn uranium pact to strengthen energy cooperation

India has signed a $1.9 billion uranium supply deal with Canada's Cameco for deliveries from 2027 to 2035, part of a wider strategic energy partnership spanning renewables and fuels

India, Canada sign $1.9 bn uranium pact to strengthen energy cooperation
Updated On : 02 Mar 2026 | 11:08 PM IST

India's CAD widened to 1.3% of GDP in Q3FY26 on higher trade deficit

India's current account deficit widened to $13.2 billion in Q3FY26 as the trade gap expanded, though higher services receipts, lower investment outflows and stronger remittances provided some support

India's CAD widened to 1.3% of GDP in Q3FY26 on higher trade deficit
Updated On : 02 Mar 2026 | 10:59 PM IST

Datanomics: How the West Asia conflict risks inflating India's oil bill

A major proportion of India's crude oil imports flows through the Strait of Hormuz, which remains an important trade point in the Gulf

Datanomics: How the West Asia conflict risks inflating India's oil bill
Updated On : 02 Mar 2026 | 8:59 PM IST

Democratising AI revolution: GCCs, tax certainty to power India's rise

India's AI ambitions hinge on strong GCC growth and tax certainty through safe harbour rules and APAs, enabling innovation, investment and equitable digital transformation

Democratising AI revolution: GCCs, tax certainty to power India's rise
Updated On : 02 Mar 2026 | 8:35 PM IST

FMCG companies worried about price pressure amid West Asia conflict

FMCG firms exporting to West Asia are monitoring the Iran conflict as rising crude prices and supply chain risks threaten higher packaging and freight costs, with exporters bracing for volatility

FMCG companies worried about price pressure amid West Asia conflict
Updated On : 02 Mar 2026 | 8:18 PM IST

How India's EV strategy must change: Put customers first, technology next

India's EV slowdown is rooted in weak customer insight and how new ideas are adopted

How India's EV strategy must change: Put customers first, technology next
Updated On : 02 Mar 2026 | 7:00 PM IST

India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI

The current account deficit stood at $11.3 billion, or 1.1 per cent of GDP, in the corresponding quarter of 2024-25

India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI
Updated On : 02 Mar 2026 | 6:30 PM IST

Why India's $2.6 bn uranium pact with Canada matters for clean energy push

India and Canada sign a $2.6 billion uranium deal to secure fuel for India's nuclear plants, boost clean energy plans and fast-track a wider trade pact between the two countries

Why India's $2.6 bn uranium pact with Canada matters for clean energy push
Updated On : 02 Mar 2026 | 5:45 PM IST

India's industrial output falls to 4.8% in Jan 2026 against 8% in Dec 2025

January's industrial output growth was pulled down by subdued performance in the mining and manufacturing sectors, the data showed

India's industrial output falls to 4.8% in Jan 2026 against 8% in Dec 2025
Updated On : 02 Mar 2026 | 5:36 PM IST

India, Canada sign uranium deal, vow to finalise economic partnership soon

Govt has made a record $130 bn allocation for infrastructure development in Budget, PM Narendra Modi said at the India-Canada CEO forum

India, Canada sign uranium deal, vow to finalise economic partnership soon
Updated On : 02 Mar 2026 | 4:33 PM IST

EPFO fixes 8.25% interest rate on employees' PF deposits for 2025-26

In February last year, the retirement fund body retained the 8.25 per cent rate of interest for FY2024-25

EPFO fixes 8.25% interest rate on employees' PF deposits for 2025-26
Updated On : 02 Mar 2026 | 4:07 PM IST

West Asia crisis: Oil rises 9% after Iran war disrupts key shipping routes

Oil jumps up to 13% after Iranian attacks disrupt shipping through the Strait of Hormuz, raising fears of inflation and higher US gasoline prices

West Asia crisis: Oil rises 9% after Iran war disrupts key shipping routes
Updated On : 02 Mar 2026 | 3:43 PM IST

Escalating West Asia crisis threatens Asia's commodity importers: Moody's

Higher commodity prices would raise consumer and producer inflation, potentially forcing central banks to pause their easing cycles or even raise policy rates, it said

Escalating West Asia crisis threatens Asia's commodity importers: Moody's
Updated On : 02 Mar 2026 | 1:13 PM IST

RBI likely selling dollars to support rupee amid West Asia crisis: Traders

The ‌traders noted that the central bank's dollar sales via state-run banks were not aggressive, and were likely intended to limit volatility

RBI likely selling dollars to support rupee amid West Asia crisis: Traders
Updated On : 02 Mar 2026 | 11:40 AM IST

India's manufacturing PMI hits four-month high in February, rises to 56.9

The overall result suggests India's economy ‌is expected to remain resilient this quarter after posting 7.8 per cent growth in October-December

India's manufacturing PMI hits four-month high in February, rises to 56.9
Updated On : 02 Mar 2026 | 10:55 AM IST

West Asia crisis: Govt to meet exporters, shipping firms on Monday

With tensions escalating in West Asia, the government is assessing possible disruptions to shipping routes and logistics as exporters warn of rising costs and wider trade risks

West Asia crisis: Govt to meet exporters, shipping firms on Monday
Updated On : 01 Mar 2026 | 11:56 PM IST

India faces oil shock as Iran war intensifies and supply risks grow

US and Israeli strikes that killed Ayatollah Ali Khamenei have deepened open conflict with Iran and rattled West Asia, disrupting sea routes via Strait of Hormuz, fuelling oil price spike

India faces oil shock as Iran war intensifies and supply risks grow
Updated On : 01 Mar 2026 | 11:21 PM IST

Economists project FY27 growth to be over 7% in the new GDP series

Economists expect India's FY27 growth to exceed 7 per cent under the new GDP series, supported by capex push and consumption, though trade tensions and El Nino risks loom

Economists project FY27 growth to be over 7% in the new GDP series
Updated On : 01 Mar 2026 | 11:16 PM IST