Economy
IPL travel economy amid West Asia crisis: Under pressure or holding steady?
IPL continues to drive strong domestic travel demand despite West Asia crisis, though rising fuel costs and weaker inbound traffic pose emerging risks for airlines and hospitality
 "IPL travel economy amid West Asia crisis: Under pressure or holding steady?")
FIEO asks exporters to engage with US buyers for tariff refund share
FIEO President S C Ralhan said that there is no legal right of Indian exporters on those refunds, as only the US businesses are getting the refunds
 "FIEO asks exporters to engage with US buyers for tariff refund share")
India's textile exports grow 2.1% to ₹3.16 trn in FY26 despite US tariffs
The growth comes despite the sector facing steep tariffs imposed by the US, its largest export destination, for most of the financial year
 "India's textile exports grow 2.1% to ₹3.16 trn in FY26 despite US tariffs")
India's marine product exports surge to all-time high of ₹72,325 cr: MPEDA
India's marine exports rose to a record ₹72,325 crore in FY26, driven by shrimp and market diversification despite global trade disruptions
 "India's marine product exports surge to all-time high of ₹72,325 cr: MPEDA")
India's seafood exports hit record ₹72,325 cr in FY26 despite US tariffs
India's seafood exports reached a record high in FY26, with growth in China, EU and Southeast Asia helping offset a decline in shipments to the US due to higher tariffs
 "India's seafood exports hit record ₹72,325 cr in FY26 despite US tariffs")
LNG vessel flagged off from US, to bolster energy supply chain: Gail
The vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April 20 and is now en route to India
 "LNG vessel flagged off from US, to bolster energy supply chain: Gail")
How South Korea tie-up could help India reduce costly freight dependence
New framework with South Korea links shipyard capacity, technology and orders to India's push to reduce reliance on foreign carriers
 "How South Korea tie-up could help India reduce costly freight dependence")
India's fertiliser production sees weakest growth in 13 years in FY26
India's fertiliser output contracts in FY26, hit by LNG shortages and shutdowns, marking the sector's weakest performance in over a decade
 "India's fertiliser production sees weakest growth in 13 years in FY26")
Broader 'export incentives' definition in ITA 2025 prompts CBDT clarity
Experts warn wider wording in new income-tax law could expand tax scope to indirect benefits, urging CBDT to clarify and prevent disputes for exporters
 "Broader 'export incentives' definition in ITA 2025 prompts CBDT clarity")
India's crude oil import bill fell 5% in March amid West Asia conflict
Natural gas consumption up 7% as government promotes usage
 "India's crude oil import bill fell 5% in March amid West Asia conflict")
Indian exporters may not get US tariff refunds, but pricing power improves
Indian exporters are linked to about $12 billion of the total refunds. Textiles and apparel account for roughly $4 billion of that amount
 "Indian exporters may not get US tariff refunds, but pricing power improves")
Datanomics: India eyes South Korea agreement review as deficit widens
Prime Minister Narendra Modi and South Korean President Lee Jae-myung exchanged several MoUs, with both sides agreeing to deepen cooperation in strategic sectors, including shipbuilding
 "Datanomics: India eyes South Korea agreement review as deficit widens")
India open to South Korean firms in vessel flagging, port infra projects
India pitches ship flagging, seafarer pool and port investments to South Korea, as both sides sign VOYAGES pact and expand cooperation in maritime, energy and climate sectors
 "India open to South Korean firms in vessel flagging, port infra projects")
Has India's farm output finally become less dependent on the monsoon?
As India faces a below-normal monsoon forecast for 2026, improved irrigation, resilient seeds and policy support have strengthened farm output, though regional risks and inflation concerns persist
 "Has India's farm output finally become less dependent on the monsoon?")
Infra investments to grow 50% through FY28 despite West Asia crisis: Crisil
Crisil sees strong infrastructure investment growth through FY28 backed by policy support and balance sheets, though risks persist across renewables, roads and real estate
 "Infra investments to grow 50% through FY28 despite West Asia crisis: Crisil")
Moody's cuts India FY27 growth forecast to 6% amid West Asia crisis
Weaker consumption, rising energy prices and supply disruptions linked to Middle East conflict prompt Moody's to trim India's FY27 growth outlook to 6 per cent
 "Moody's cuts India FY27 growth forecast to 6% amid West Asia crisis")
LPG reliance highlights gaps in India's piped gas expansion drive
India's dependence on LPG imports and slow expansion of piped gas networks highlight policy gaps, affordability challenges, and consumer behaviour issues hindering a transition to cleaner cooking fuel
 "LPG reliance highlights gaps in India's piped gas expansion drive")
Odisha flags ₹48,448 crore audit backlog, warns of governance lapses
Finance Department raises concern over 85,000 pending audit reports and objections, highlighting systemic lapses in accountability and fiscal management
 "Odisha flags ₹48,448 crore audit backlog, warns of governance lapses")
Brookfield platform Evren secures $600 mn to supply 300 MW RE to NTPC
Brookfield-backed Evren raises $600 million for hybrid renewable project integrating solar, wind and storage to supply 300 MW power to NTPC under PPA
 "Brookfield platform Evren secures $600 mn to supply 300 MW RE to NTPC")
Why India must ramp up coal gasification as part of its energy strategy
India's abundant coal reserves and rising energy demand make coal gasification a key strategy to reduce import dependence, boost industrial fuel supply, and strengthen long-term energy security
 "Why India must ramp up coal gasification as part of its energy strategy")