Economy & Policy News

War-delayed cargo, export mission schemes and a curious court ruling

Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity

Updated On: 16 Mar 2026 | 11:15 PM IST

India's exports fell marginally in February; March could be 'challenging'

Exports of goods grew 1.8 per cent year-on-year at $402.9 billion

Updated On: 16 Mar 2026 | 10:57 PM IST

WPI inflation at 11-month high of 2.13% in February, shows govt data

Factory-gate inflation rises to an 11-month high in February, driven by higher prices of primary goods and manufactured products, while fuel and power remain in deflation

Updated On: 16 Mar 2026 | 10:51 PM IST

India, US set to clash on WTO reforms ahead of 14th ministerial meeting

India and the US are set to clash over WTO reforms ahead of the MC14 meeting, with New Delhi defending core principles like consensus decision-making and the MFN rule

Updated On: 16 Mar 2026 | 10:49 PM IST

Govt says exports moving smoothly; 2,600 containers shipped to West Asia

Government says exports to West Asia continue smoothly amid crisis as LPG tanker reaches Mundra and two more vessels carrying crude oil and LPG are set to arrive

Updated On: 16 Mar 2026 | 9:17 PM IST

India to wait for new US tariff architecture before signing interim deal

India remains engaged with the US side for a mutually beneficial trade deal, says Commerce Secretary Rajesh Agrawal, as negotiations continue on tariff changes and non-tariff barriers

Updated On: 16 Mar 2026 | 9:16 PM IST

EU, India focus on implementing FTA, defence deal: von der Leyen

Her remarks came after a meeting with External Affairs Minister S Jaishankar, who is on a two-day visit to Brussels for talks with his counterparts from the 27-member European Union (EU)

Updated On: 16 Mar 2026 | 7:26 PM IST

India exports to US fall 13% in Feb; China trade deficit crosses $100 bn

Exports contracted in September, October, December last year and January this year also. However, it rose 22.61 per cent in November

Updated On: 16 Mar 2026 | 7:13 PM IST

India inks terms of reference with Philippines, Maldives for trade talks

The terms of reference (ToR) outline the scope and modalities of a proposed trade pact

Updated On: 16 Mar 2026 | 6:11 PM IST

Unemployment dips marginally to 4.9% in February, shows govt survey

After an increase in January 2026, the urban unemployment rate among persons aged 15 years and above declined to 6.6 per cent in February 2026, falling below the December 2025 level (6.7%)

Updated On: 16 Mar 2026 | 5:06 PM IST

India to sign US trade deal after Washington tariff reset: Commerce Secy

India will sign the trade pact with the US after Washington completes work on a new tariff architecture, Commerce Secretary Rajesh Agrawal said, adding there is no stand-off in the ongoing talks

Updated On: 16 Mar 2026 | 4:43 PM IST

Trade deficit widens to $27.1 billion in February as imports surge

Imports grew 24% in February to $63.71 billion, due to gold and silver imports, according to data released by the commerce department on Monday

Updated On: 16 Mar 2026 | 1:41 PM IST

Wholesale inflation rises to 2.13% in February on higher food prices

Wholesale Price Index (WPI)-based inflation was 1.81 per cent in the previous month and 2.45 per cent in February last year

Updated On: 16 Mar 2026 | 12:36 PM IST

DPIIT amends 'Press Note 3' to ease FDI norms for border countries

The government has amended Press Note 3 under the FDI policy, allowing investors from countries sharing land borders with India to hold up to 10 per cent non controlling stakes via the automatic route

Updated On: 16 Mar 2026 | 12:07 PM IST

West Asia conflict: 23% households buy induction cooktops amid LPG concerns

Survey by LocalCircles found that households are rushing to buy induction cooktops, as delays in cylinder deliveries and supply disruptions linked to the West Asia conflict raise concerns

Updated On: 16 Mar 2026 | 10:30 AM IST

India walks diplomatic tightrope between Iran and US as war bites economy

India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus

Updated On: 16 Mar 2026 | 8:46 AM IST

Services sectors feel ripple effects as West Asia crisis hits operations

Aviation, hospitality, travel, e-comm, q-com, logistics prepare for dent to bottomlines; IT services insulated for now

Updated On: 15 Mar 2026 | 11:48 PM IST

West Asia conflict likely to keep rupee under pressure amid oil surge

Third year of consecutive BoP deficit if oil stays above $100/bbl, to weigh on rupee

Updated On: 15 Mar 2026 | 11:46 PM IST

West Asia war cloud over India's economic 'sweet spot' as oil prices rise

Rising crude prices and trade disruptions from the West Asia war are prompting economists to trim India's growth forecasts, threatening the economy's recent "sweet spot"

Updated On: 15 Mar 2026 | 11:42 PM IST

India gains most from US nod to Russian oil imports, but concerns remain

The country still faces a shortfall of 750,000 bpd of crude oil in March compared to Feb

Updated On: 15 Mar 2026 | 11:31 PM IST