Page 50 - Economy & Policy News

OMCs raise red flag over viability of flex fuels, pricing structure

OMCs flag pricing, demand and vehicle gaps as key hurdles to flex fuel rollout, questioning viability without clear incentives and ecosystem readiness

Rising yields, inflation to keep FY27 corporate bond issuances subdued

Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite

India's forex reserves plunge $30.5 bn in March amid RBI intervention

Only $22 bn added to total reserves as foreign currency assets fell by $14 bn in FY26

India's forex reserves drop $10.28 bn to $688.05 bn in week ended March 27

In the previous reporting week, the overall reserves had dropped $11.413 billion to $698.346 billion

Ship carrying Iranian oil shifts course from India to China mid-voyage

Ping Shun, first such shipment from Iran to India in seven years, now signals China's Dongying as destination, according to data from Kpler

Exports sustain momentum, to record positive growth in 2025-26: Official

Country's merchandise exports dropped marginally by 0.81 per cent year-on-year to $36.61 billion in February, and the trade deficit narrowed to $27.1 billion compared to the previous month

Datanomics: India's energy efficiency gains amid import woes deepen

Hormuz tensions strain India's fuel supply despite efficiency gains

Ecommerce tariffs: India open to a longer extension of the moratorium

This will give businesses greater predictability, says Goyal

'₹12,754 cr misclassified, ₹54,282 cr in pending utilisation certificates'

Audit shows delays, misbookings affecting transparency in Union accounts

West Asia conflict: City of Glass cracks under Iran war's distant heat

Starting in Firozabad, where cooled furnaces and scattered shards of glass mirror fragile livelihoods, this six-part series traces the ripple of the West Asia war across India

Govt permits C3, C4 allocation for pharma, chemicals, and food sectors

A government committee will evaluate sector-wise allocation of C3 and C4 streams for key sectors amid supply constraints and rising energy prices due to the West Asia crisis

Petchem import duty waiver to cost govt ₹1,800 crore in 3 months

The exemption on a wide range of critical petrochemical products till June 30, 2026, is a temporary and targeted relief to shield domestic manufacturers from disruptions caused by the Iran war

India manufacturing PMI plummets to 4-year low amid West Asia conflict

Industry 'takes a step back' as market uncertainty and cost pressures increase

Govt bond yields surge 9 basis points on rise in crude oil prices

Government bond yields climbed as crude oil and US Treasury yields rose, while improved liquidity conditions pushed overnight rates below the policy repo rate

India, UK FTA may come into force in next 30 to 45 days: Goyal

Goyal held a bilateral meeting with Peter Kyle, UK's Secretary of State for Business and Trade, on the sidelines of the 14th ministerial conference of the WTO last month in Cameroon

Indian banks' tighter liquidity may add to margin pressure: Report

In response, it said, the RBI increased the supply of durable liquidity to the banking system since 2HFY25 through government bond buybacks and open-market purchases

More measures on anvil to help exporters tackle West Asia crisis: Goyal

Government is considering fresh measures, including freight support, to help exporters manage rising costs and disruptions caused by the ongoing West Asia crisis, says Goyal

IMF, IEA, World Bank join hands to manage West Asia crisis impact

IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability

Agro-chemical sector sees input costs falling 8-9% after customs duty cut

The duty exemption will start from April 2 and continue till June 30, 2026, an official order said

West Asia crisis: More measures on anvil to support exporters, says Goyal

An US-Israel attack launched on Iran in February has disrupted movement of ships in the international waters. It has also pushed air freight and insurance cost for traders