Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India continued its strategy of reducing Russian oil imports and instead sourcing more from the Gulf countries and the U.S. in January 2026 as well, the latest official data shows, with Russia’s share in India’s oil imports falling to less than 20% for the…
The story so far: Global oil markets are bracing for a potential upward price shock as trade resumes Monday (March 2, 2026) amidst escalation of hostilities in West Asia, as Israel and its ally United States (U.S.) launched air strikes against Iran on Saturday (February 28, 2026), with Tehran acting in retaliation. More importantly for…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 8.1% to over ₹1.83 lakh crore in February, led by higher growth in revenues from imports. Gross domestic revenue rose 5.3% to about ₹1.36 lakh crore, while gross import revenue climbed 17.2% to ₹47,837 crore. Total refunds were up 10.2% at…
The story so far: February was an eventful month for India-U.S. trade relations. The two countries announced an impending interim agreement on trade, the U.S. Supreme Court overturned President Donald Trump’s tariffs, the Indian negotiating team indefinitely postponed its visit to Washington, and Commerce Minister Piyush Goyal hosted U.S. Commerce Secretary Howard Lutnick in New Delhi. All of this has raised the question: what happens…
Source: Special Arrangement. The Geological Survey of India (GSI) has plans to pursue approximately 300 projects for exploration of critical minerals in the upcoming field season, said Director General Asit Saha. “We will be increasing the number of critical mineral exploration projects from 236 in the current field season to 300 in the next field…
According to the new series, the gross domestic product (GDP) is estimated to grow at 7.6% during the current fiscal. File | Photo Credit: Getty Images/iStockphoto India’s economy grew by 7.8% during the October-December quarter of 2025-26, up from 7.4% a year ago, according to the new series of national accounts with 2022-23 as the…
Coal India Ltd (CIL) informed that all its producing subsidiaries combined are holding pithead stocks of up to 115 million tonnes (MT) as on February 26, with the quantum expected to spur further as the fiscal year approaches an end. | Photo Credit: Saptaparno Ghosh State-owned miner Coal India Ltd (CIL) informed on Friday (February…
The 50-share NSE Nifty declined 117.15 points to 25,379.40. File | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty drifted lower in early trade on Friday (February 27, 2026), tracking a weak trend in global markets and fresh foreign fund outflows. The 30-share BSE Sensex dropped 364.62 points to 81,883.99 during initial trade. The 50-share…
“It was the best of times; it was the worst of times”, wrote Charles Dickens in A Tale of Two Cities. This sums up the state of affairs in India in the past decade or so. Of particular interest here is the income mobility of different segments of the population which reveals sharp upward and…
The new series of national accounts data to be released on Friday (February 27, 2026) will incorporate several methodological and statistical upgrades that will make India’s Gross Domestic Product (GDP) and Gross Value Added (GVA) data more accurate and granular, an analysis of the various changes being implemented shows. Over the last week, the Ministry…
