Economy News ( English version)

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  • India holds bilateral meetings with EU, Russia, NZ, others on MC14 sidelines March 26, 2026
    Commerce Secretary Rajesh Agrawal met with representatives from the European Union, Russia, New Zealand, Peru, and Mexico. These discussions took place during the WTO MC14 conference. The talks focused on advancing trade agendas and resolving issues concerning trade deals. Progress on the India-EU Free Trade Agreement was also reviewed.
  • Consensus key to include plurilaterals, careful reconsideration of ecomm moratorium: India at WTO MC14 March 26, 2026
    India urged consensus-based integration of plurilateral outcomes into the WTO framework, cautioning against additional obligations for non-participants. Commerce Minister Piyush Goyal also called for careful reconsideration of the e-commerce moratorium on customs duties and restoration of the dispute settlement system.
  • West Asia conflict to strain India's FY27 fiscal math, says ICRA March 26, 2026
    India's budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially increasing fertilizer and fuel subsidies. This could impact government revenues and corporate tax collections. Measures like using the Economic Stabilisation Fund and front-loading subsidy payments may help manage t […]
  • OECD lowers India’s FY27 growth outlook to 6.1% amid global uncertainty March 26, 2026
    The OECD has lowered India's FY27 growth forecast to 6.1% due to global uncertainty and rising energy prices, despite expected support from reduced US tariffs. Inflation is projected to rise sharply to 5.1% in FY27, prompting the OECD to anticipate a temporary policy rate hike in India during Q2 2026.
  • Parliament panel flags funding gap in uranium hunt, seeks priority boost for AMDER March 26, 2026
    A parliamentary panel has highlighted a funding gap for AMDER. This underinvestment in uranium exploration could threaten India's nuclear energy future. The committee recommends restoring Rs 118.18 crore. Uranium discovery takes years. Reduced investment now means a fuel supply bottleneck later. Strengthening exploration is vital for India's energy […]

 

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