Economy

Govt okays PDS kerosene allocation to states, UTs amid energy crisis

Earlier in the day, the Ministry of Petroleum & Natural Gas released a statement updating important steps undertaken to sustain uninterrupted energy supplies

WTO debates five-year extension of global ban on ecommerce tariffs

India has been resisting a long-term ecommerce duty moratorium citing concerns over revenue loss

US-India partnership set for 'win-win' economic growth: Sergio Gor

The envoy's remarks came amid efforts by New Delhi and Washington to solidify bilateral ties following a turbulent spell triggered by the US policy on tariffs

Govt may consider more relief packages if West Asia crisis prolongs

Global crude prices have risen by almost 50 per cent since the United States and Israel launched military strikes against Iran on February 28, triggering sweeping retaliation from Tehran

Two Indian LPG vessels pass Hormuz, headed for Mumbai and Mangaluru

Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis

StatsGuru: States' fiscal challenges versus electoral compulsions

The promises, if implemented, will aggravate public finances to varying degrees in these states, depending on the parameters chosen

West Asia war: Govt relaxes kerosene norms to tackle energy supply issues

The Ministry said that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and federal territories

West Asia conflict: Two India-bound LPG tankers clear Strait of Hormuz

While BW TYR is proceeding towards Mumbai with an expected arrival on March 31, BW ELM is en route to New Mangalore with an estimated arrival date of April 1

India opposes China-led investment pact's inclusion in WTO framework

This was stated by India in the ongoing 14th ministerial conference of the World Trade Organisation (WTO) in Yaounde, Cameroon

West Asia conflict impact on India's economy likely significant: CEA review

It said that early high-frequency indicators for March 2026 suggest a moderation in economic momentum, reflecting the initial impact of these global developments

India warns of growth risks from Middle East conflict as energy costs rise

This is raising concerns over inflation and growth in ‌India, the government review said

Two more India-flagged LPG tankers pass safely through Strait of Hormuz

The India-flagged vessels BW Tyr and BW Elm, carrying liquefied petroleum gas, were last tracked moving past the northern edge of the Omani peninsula

FM Nirmala Sitharaman scotches rumours of lockdown like Pakistan

"...The government is taking burden, making sure oil marketing companies (OMCs) will ensure buying more and doing supply, and keeping the supply uninterrupted," she said

Odisha's Subhadra scheme boosts savings 45%, spending 28%: SBI Research

SBI Research finds Odisha's Subhadra DBT scheme has lifted savings and spending among women beneficiaries, with strong gains among financially excluded households

Piyush Goyal, Jamieson Greer discuss next steps in India-US BTA talks

India and the US discussed next steps in bilateral trade deal negotiations on the sidelines of WTO MC14, amid evolving tariff policies and global trade uncertainties

Finance Commission nudges CAG to override states on subsidy classification

The issue has drawn significant attention and public debate in recent times as states often announce a spate of freebies, particularly before Assembly elections

Govt starts talks with automobile companies on shift from E20 to E25

Government explores E25 fuel shift beyond E20, but automakers flag emission risks, liability concerns, and lack of testing amid rising crude oil pressures

March sees $30 billion drop in India's foreign exchange reserves

Forex reserves declined for a third week, led by a sharp fall in gold holdings, while forward book positions and global factors continue to exert pressure on reserve adequacy

West Asia conflict: Govt steps in to shield OMCs via big duty cuts

Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed

Govt relaxes rules for some state firms to procure key equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China, the government order said