Economy News ( English version)

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  • "Unfortunate for India," Ex R&AW Chief hints at probable inflation if West Asia situation escalates March 31, 2026
    Former R&AW Chief Vikram Sood expressed concern over the West Asia conflict's impact on India, particularly potential oil and fertilizer shortages leading to inflation. He called the attack on Iran and the killing of its Supreme Leader unfortunate, emphasizing India's dependence on the Strait of Hormuz while noting Israel as an ally.
  • India diesel exports jump 20% in March amid Iran war March 31, 2026
    India boosted diesel exports significantly in March. This surge was driven by favorable economics for middle distillates. Geopolitical events in West Asia tightened supply, increasing diesel and jet fuel prices. Refiners adjusted production to capitalize on these higher margins. India also increased domestic LPG production to compensate for lost imports. Ove […]
  • IBC helped banks recover 52% bad loans: Nirmala Sitharaman March 30, 2026
    India's insolvency law has significantly boosted the banking sector. The Insolvency and Bankruptcy Code has helped rescue struggling companies and recover bad loans. A new amendment bill passed in the Lok Sabha introduces fresh resolution frameworks. This aims to speed up the rescue of stressed firms and improve loan recovery processes across the countr […]
  • Pulses import duties likely to stay unchanged March 30, 2026
    New Delhi is set to maintain current import duties on pulses. The government will also extend the duty-free period for tur and urad. This move aims to prevent price increases. Officials anticipate an El Nino affecting monsoon rainfall. Production of tur and urad is expected to decline. This could lead to higher prices and food inflation.
  • Fiscal deficit until February eases to 80.4% of FY26 target March 30, 2026
    In absolute terms, the fiscal deficit between April 2025 and February 2026 stood at ₹12.53 lakh crore against ₹13.47 lakh crore a year ago. The government has pegged the 2025-26 fiscal deficit at ₹15.58 lakh crore.

 

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