india economy

March 27, New Delhi - The Indian government reduced the additional excise duty on both petrol and diesel in response to growing concerns about a nationwide rise in fuel prices due to the ongoing crisis in the Middle East.According to a government order, the additional excise duty on petrol was...

New Delhi, March 27 – Union Minister Kiren Rijiju reassured on Friday that there is no lockdown in the country and urged state governments to prevent hoarding and ensure smooth fuel supply, while praising Prime Minister Narendra Modi for the government’s decision to slash excise duties on petrol...

New Delhi, March 25 Commerce and Industry Minister Piyush Goyal said on Wednesday that the nation must unite to address the challenges arising from the West Asia crisis.A joint attack launched by the US and Israel on Iran has disrupted the movement of ships and pushed oil prices in global...

The Lok Sabha has taken up the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, for consideration and passage. Union Finance Minister Nirmala Sitharaman introduced the Bill, which aims to further amend the Insolvency and Bankruptcy Code of 2016. The Bill seeks to address procedural delays...

New Delhi, March 25 The Lok Sabha passed the Finance Bill 2026, along with 32 government amendments, on Wednesday.With the passage of the Finance Bill 2026, the Lok Sabha has completed its part of the budgetary approval process. The Upper House, the Rajya Sabha, will now consider the Bill...

New Delhi, March 25 Guar seed prices rose by Rs 29 to Rs 5,463 per quintal in futures trading on Wednesday, driven by increased investor confidence.On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery rose by Rs 29, or 0.53 percent, to Rs 5,463 per...

New Delhi, March 24 Employment grew by 6.18 per cent to 12.80 crore in the unincorporated enterprises sector in 2025, adding more than 74.52 lakh new jobs during the period, according to a government survey.The Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2025, released on...

New Delhi, March 24 The private sector's capital expenditure on acquiring new assets is estimated to decline by 16.5 per cent to Rs 9.55 lakh crore in 2026-27, according to a government survey.According to the survey released by the Ministry of Statistics & Programme Implementation, the...

Kolkata, March 24 Industry leaders on Tuesday emphasized that trust, innovation, and empowered organizational structures are critical for building resilient and future-ready institutions, as businesses navigate rapid technological change and evolving consumer expectations.Speaking at the...

New Delhi, March 24 – Prime Minister Narendra Modi on Tuesday emphasized the government's plans and measures to protect citizens from global oil price shocks, while highlighting the Centre's efforts to maintain the integrity and functionality of global energy supply routes.He informed the...

New Delhi, March 24: Following Samajwadi Party (SP) President Akhilesh Yadav’s criticism of Leader of Opposition in the Lok Sabha, Rahul Gandhi, over his remarks about the government being "compromised," Yadav also criticised the Central government's foreign policy on Tuesday, amid the ongoing...

New Delhi, March 23 The Centre has directed states to prevent small coal retailers from profiting from the West Asia crisis, as global energy disruptions threaten to ripple into domestic fuel markets.Speaking to reporters on the sidelines of an event here, Coal and Mines Minister G Kishan...

New Delhi, March 23 The Congress said on Monday that the government has failed to address the problems of rising unemployment, increasing food prices, and a declining rupee.Participating in discussions on the Appropriation Bill (2), 2026, in the Rajya Sabha, Congress member Niraj Dangi also...

Washington, March 22: India’s economic momentum is facing a fresh challenge as the ongoing US-Israeli conflict with Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a report in The New York Times.Just weeks ago, India...

New Delhi, March 22 India's urea plants are operating at half capacity after force majeure declarations disrupted LNG flows through the Strait of Hormuz amid escalating West Asia tensions, industry sources said on Sunday.Petronet LNG Ltd, which operates India's largest liquefied natural gas...

Union Minister of Science and Technology, Dr Jitendra Singh, stated that India is emerging as a robust pharmaceutical economy. Addressing a gathering at the Healthcare Summit organized by an English media house in New Delhi today, Mr. Singh said that India's healthcare and medtech ecosystem is...

The government has proposed the Biopharma SHAKTI (Strategy for Healthcare Advancement through Knowledge, Technology and Innovation) initiative in the 2026-27 Union Budget to position India as a global biopharmaceutical manufacturing hub. The initiative, with a total budget of 10 thousand crore...

A CEO Roundtable on Power Distribution was held today as part of the ongoing Bharat Electricity Summit 2026, based on the draft National Electricity Policy. The roundtable focused on the reforms needed to strengthen the distribution segment and ensure the financial sustainability of DISCOMs, in...

Kolkata, March 20 The Trinamool Congress on Friday promised to make West Bengal the gateway for trade in eastern India, while claiming that the state's GDP has grown sixfold during its 15-year rule.Releasing the party's manifesto for the Assembly elections, TMC supremo Mamata Banerjee said the...

New Delhi, March 20 With the conflict in West Asia disrupting the global supply chain, the government has placed maximum emphasis on improving the logistics ecosystem of the country and its cost, which is estimated to be 7.97 per cent of GDP or approximately Rs 24.01 lakh crore.Officials said...