Economy & Policy News

Oil reserve release had 'strong impact' on energy markets: IEA head

IEA's record 400-million-barrel reserve release aims to stabilise global oil markets after the Strait of Hormuz closure triggered one of the biggest energy shocks in decades

Retail inflation rises to 3.21% in February from 2.74% in Jan on new series

Retail inflation rises to 3.21% in February from 2.74% in Jan on new series

How persistently high oil prices could impact India's vulnerable economy

The most immediate impact would be on India's current account deficit. This concern has pushed the rupee to a record low and forced the central bank to sell dollars from its reserves

Govt plans new smartphone export incentives in a boost for Apple, Samsung

The policy design, size of the incentives and the overall budget are still being finalised and may change during the inter-ministerial consultations

Cooking gas crunch in India fuels inflation fear as Iran war widens

The gas crunch is rippling through the economy, raising fears about a spike in prices and a drop in output in some sectors

Trump admin launches trade probes into 16 nations including India, China

The US has launched fresh trade investigations into 16 major trading partners, including India, under Section 301 of the Trade Act of 1974, after the SC struck down much of Trump's tariff programme

Don't panic, fuel cargoes on the way, says govt as supplies tighten

India will soon receive two cargoes each of crude oil and LNG via routes bypassing the Strait of Hormuz as refiners boost LPG production to ease supply pressures

Niti Aayog urges states to follow fiscal deficit norms under FRBM Act

The Fiscal Responsibility and Budget Management (FRBM) Act aims to regulate the country's debt level by restricting fiscal and revenue deficits as a percentage of GDP

Across workshop lanes of Punjab, the workbench warms as exports recover

Textile mills, engineering units, and sports goods makers across Ludhiana and Jalandhar test a fragile export revival

Manufacturing-led capacity additions likely to touch Rs 3.6 trn in FY26

India's capacity additions are expected to touch nearly Rs 3.6 trillion in March FY26, led by manufacturing projects, though geopolitical tensions in West Asia could cloud future private investments

Startups may get to access 'stalled' capital under new PN3 regime

Revised policy may ease startup funding and support IPO-bound companies while maintaining security oversight

Iran war: Fiscal pressures on govt may mount next FY, say experts

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

FDI easing under Press Note 3 not meant for Chinese firms, clarifies govt

Automatic-route investment applies only to global entities with up to 10% Chinese ownership; firms registered in China must still seek government approval

FATF: India building tools to detect unregistered virtual asset firms

India plans an indigenous Virtual Asset Lab to detect unregistered offshore crypto platforms as regulators tighten oversight following FATF concerns over money-laundering risks

FDI restrictions relaxed for China, other countries under Press Note 3

Automatic route allowed for stakes below 10%

High oil prices may intensify pressure on Indian oil companies: Moody's

Rising global oil prices may intensify financial pressure on India's state-owned oil companies as retail fuel prices remain largely unchanged, says Moody's

Crisil projects 7.1% growth for India in FY27, flags West Asia crisis

Crisil projects India's economy to grow 7.1 per cent in FY27 on consumption and investment, but warns West Asia tensions and trade frictions pose downside risks

Centre to prepare roadmap to tackle challenges in shipping sector

Shipping minister Sarbananda Sonowal asks officials to prepare a roadmap to address industry challenges as geopolitical tensions and supply chain disruptions strain maritime trade

Govt sets 60-day deadline for select FDI proposals from border nations

Select FDI proposals from land-border countries in sectors such as batteries, rare earths and electronics will be processed within 60 days under revised Press Note 3 rules

India crude supplies secure, govt has stepped up fuel management: Official

A petroleum ministry official said refineries are currently operating at full capacity to meet energy demand, while measures are being taken to stabilise gas and LPG supply