The Hindu BusinessLine – Economy

The Hindu BusinessLine – Economy

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India economy, sectors, policy and markets.

Trump’s Iran War Pushes India to Rekindle Old Friendship with Russia
NewsMar 27, 2026

Trump’s Iran War Pushes India to Rekindle Old Friendship with Russia

India is moving to revive its energy partnership with Russia, negotiating a direct LNG supply deal despite the risk of violating Western sanctions. The talks follow a recent surge in Russian crude purchases, which could rise to 40% of India’s...

By The Hindu BusinessLine – Economy
Air China to Restart Beijing Delhi Service From April 21
NewsMar 26, 2026

Air China to Restart Beijing Delhi Service From April 21

Air China will restart direct Beijing‑Delhi flights on April 21, operating a thrice‑weekly Airbus A330 service that includes onward connections to the United States and Canada. The carrier becomes the fourth airline to launch routes after India‑China passenger flights resumed in November. Over...

By The Hindu BusinessLine – Economy
British Airways Adds Extra Flights to Delhi, Mumbai
NewsMar 26, 2026

British Airways Adds Extra Flights to Delhi, Mumbai

British Airways announced additional capacity on its London‑Delhi and London‑Mumbai routes through the end of May. Starting April 7, a third daily flight will operate on the Delhi‑Heathrow sector, and a third daily service to Mumbai begins May 15. The airline will...

By The Hindu BusinessLine – Economy
Pusa Institute Makes Its Debut in QS World Rankings, Showcasing India’s Agricultural Research Excellence
NewsMar 26, 2026

Pusa Institute Makes Its Debut in QS World Rankings, Showcasing India’s Agricultural Research Excellence

The Indian Agricultural Research Institute (IARI), known as Pusa Institute, has entered the QS World University Rankings for the first time in the Agriculture & Forestry category, landing in the 151‑200 band alongside BHU, IIT‑Kharagpur and Delhi University. IARI earned...

By The Hindu BusinessLine – Economy
India's Health Insurance Premiums Cross ₹1.2 Lakh Crore in 2024-25: Finance Ministry
NewsMar 26, 2026

India's Health Insurance Premiums Cross ₹1.2 Lakh Crore in 2024-25: Finance Ministry

India's health‑insurance premiums surged past ₹1.2 lakh crore (≈ $14.5 billion) in FY 2024‑25, marking a 9% year‑on‑year increase. The Insurance Regulatory and Development Authority of India (IRDAI) introduced tighter cashless claim timelines—one hour for pre‑authorisation and three hours for final approval—to speed...

By The Hindu BusinessLine – Economy
Cochin Shipyard Sign JV to Develop Electric Mobility, Energy Storage Technologies
NewsMar 26, 2026

Cochin Shipyard Sign JV to Develop Electric Mobility, Energy Storage Technologies

Cochin Shipyard Ltd (CSL) and HBL Engineering Ltd have signed a joint‑venture to create electric‑propulsion and energy‑storage solutions for the maritime sector. The partnership will develop advanced marine batteries, battery‑management systems, electric motors, power electronics and charging infrastructure for both...

By The Hindu BusinessLine – Economy
Blue-Collar Salaries Outpace White-Collar Entry-Level Jobs: Report
NewsMar 26, 2026

Blue-Collar Salaries Outpace White-Collar Entry-Level Jobs: Report

A WorkIndia report shows India’s blue‑collar minimum wages jumped 8.6% year‑on‑year to roughly $185, outpacing entry‑level white‑collar salaries that rose only 6.75% to about $190. Operational roles such as delivery and driver jobs saw the steepest gains, up 16% (≈$260),...

By The Hindu BusinessLine – Economy
CBIC Introduces Payment Aggregator for Duty Payout
NewsMar 25, 2026

CBIC Introduces Payment Aggregator for Duty Payout

India's Central Board of Indirect Taxes & Customs has added a payment‑aggregator option to its ICEGATE e‑payment platform, allowing customs duty payments via credit/debit cards and UPI. The new mode expands internet‑banking access from 23 to 41 banks and initially...

By The Hindu BusinessLine – Economy
EFT Partners with BSPL to Produce E610P Agriculture Drone
NewsMar 25, 2026

EFT Partners with BSPL to Produce E610P Agriculture Drone

EFT has teamed with Bharat Skytech Pvt Ltd (BSPL) to launch the EFT BHARAT brand, localising production of its E610P agricultural drone in India. The partnership includes the transfer of production moulds for key components, enabling ‘Make in India’ manufacturing, distribution,...

By The Hindu BusinessLine – Economy
CCPA Warns of Action Against Restaurant, Hotels Levying Additional Fuel-Related Charges
NewsMar 25, 2026

CCPA Warns of Action Against Restaurant, Hotels Levying Additional Fuel-Related Charges

The Central Consumer Protection Authority (CCPA) has issued a warning that restaurants and hotels charging extra fees such as "LPG charges" or "gas surcharge" constitute an unfair trade practice under the Consumer Protection Act, 2019. The advisory mandates that menu...

By The Hindu BusinessLine – Economy
Maharashtra Plans Multi-Department Panel to Tackle Recurring Onion Crisis
NewsMar 25, 2026

Maharashtra Plans Multi-Department Panel to Tackle Recurring Onion Crisis

Maharashtra announced a high‑level, multi‑department panel to address the state’s chronic onion price glut and farmer distress. The committee, led by senior officials from Agriculture, Finance and Marketing, will propose immediate relief measures and a two‑to‑three‑month roadmap for long‑term sector...

By The Hindu BusinessLine – Economy
Internal Buyers, Blenders Push Tea Sales in Coonoor Auctions
NewsMar 24, 2026

Internal Buyers, Blenders Push Tea Sales in Coonoor Auctions

The Coonoor tea auction recorded strong sales, with internal buyers and blenders purchasing 78% of the 964,835 kg leaf offering and 87% of the 286,009 kg dust offering in Sale 12. Prices slipped across categories, typical declines ranging from ₹3‑₹10 (≈$0.04‑$0.12) per kilogram,...

By The Hindu BusinessLine – Economy
Govt Plans to Redirect 90 Lakh Tonne FCI Broken Rice to Ethanol Industry From Next Year: Food Sec
NewsMar 24, 2026

Govt Plans to Redirect 90 Lakh Tonne FCI Broken Rice to Ethanol Industry From Next Year: Food Sec

The Indian government will propose cutting the share of broken rice in the public distribution system from 25% to 10%, freeing about 9 million tonnes of broken rice each year for the ethanol industry. The move follows a 40% surge in...

By The Hindu BusinessLine – Economy
Nitin Gadkari Launches NHAI-Backed Raajmarg Infra Investment Trust
NewsMar 24, 2026

Nitin Gadkari Launches NHAI-Backed Raajmarg Infra Investment Trust

Union Minister Nitin Gadkari launched the NHAI‑backed Raajmarg Infra Investment Trust (RIIT) on the Bombay Stock Exchange, where the inaugural public issue was oversubscribed about 14 times. The trust aims to monetize roughly 1,500 kilometres of national highways over the...

By The Hindu BusinessLine – Economy
India, Russia Reaffirm $100 Billion Trade Goal as West Asia Simmers
NewsMar 23, 2026

India, Russia Reaffirm $100 Billion Trade Goal as West Asia Simmers

India and Russia reaffirmed their ambition to lift bilateral trade from $68.7 billion to $100 billion by 2030, emphasizing a balanced and sustainable approach. Both ministers highlighted that 96 percent of current trade is settled in national currencies, bypassing Western payment systems. Ongoing...

By The Hindu BusinessLine – Economy
Global Economy Faces Major Threat Amid Worsening Energy Crisis: IEA Chief
NewsMar 23, 2026

Global Economy Faces Major Threat Amid Worsening Energy Crisis: IEA Chief

International Energy Agency chief Fatih Birol warned that the world is heading toward a severe energy crisis as at least 40 oil and gas assets in West Asia have been severely damaged. He described the situation as a combination of two...

By The Hindu BusinessLine – Economy
Facing a ‘Crisis’, EU Millers Seek Safeguard Duties on Rice
NewsMar 22, 2026

Facing a ‘Crisis’, EU Millers Seek Safeguard Duties on Rice

The European Union is weighing safeguard duties on rice imports after the Federation of Rice Millers pressed for a review of existing trade agreements. EU rice imports have reached roughly 1.7 million tonnes, a large share arriving under zero‑tariff arrangements. A...

By The Hindu BusinessLine – Economy
Law to Align India with Global Pay Norms by Enabling RSUs, SARs Alongside ESOPs
NewsMar 22, 2026

Law to Align India with Global Pay Norms by Enabling RSUs, SARs Alongside ESOPs

The Indian government has introduced a Companies Act amendment to permit restricted stock units (RSUs) and stock appreciation rights (SARs) alongside existing employee stock option plans (ESOPs) as approved executive compensation. The bill also authorises hybrid annual and extraordinary general...

By The Hindu BusinessLine – Economy
India to Focus on Core Priorities Amid WTO Reform Push at MC14 This Week
NewsMar 22, 2026

India to Focus on Core Priorities Amid WTO Reform Push at MC14 This Week

The 14th WTO Ministerial Conference in Yaounde will focus on institutional reforms aimed at reviving a stalled dispute‑settlement system and accelerating negotiations. India is warning that any changes must preserve consensus‑based rule‑making, MFN treatment and Special & Differential Treatment for...

By The Hindu BusinessLine – Economy
Leveraging Technology to Enable Real-Time Crop Monitoring and Strengthen Farmer Incomes
NewsMar 22, 2026

Leveraging Technology to Enable Real-Time Crop Monitoring and Strengthen Farmer Incomes

Real‑time crop monitoring systems powered by AI, digital sensors and farm‑level data platforms are creating verifiable records of cultivation practices. HariBol is integrating these technologies to link farm data with product batches through QR codes and traceability platforms. The resulting...

By The Hindu BusinessLine – Economy
West Asia Conflict May Trigger Global Inflation Shock if Disruptions Spread; India Relatively Insulated: SBI Research
NewsMar 21, 2026

West Asia Conflict May Trigger Global Inflation Shock if Disruptions Spread; India Relatively Insulated: SBI Research

SBI Research warns that an expanding West Asia conflict could reignite global inflation by disrupting energy markets, trade routes and supply chains. While the immediate price impact may be modest, prolonged hostilities risk broader macro‑economic fallout. India appears relatively insulated...

By The Hindu BusinessLine – Economy
Exploring Oil Palm’s Untapped Carbon Sequestration Potential
NewsMar 21, 2026

Exploring Oil Palm’s Untapped Carbon Sequestration Potential

On International Forest Day, India highlighted the carbon‑sequestration potential of sustainably grown oil palm. The National Mission on Edible Oils‑Oil Palm aims to cut reliance on imports—8.9 mt shipped in 2023—by expanding production on degraded land. Studies show oil palm can...

By The Hindu BusinessLine – Economy
Lower Maize Prices May See Indian Farmers Switch Back to Oilseeds, Pulses This Kharif
NewsMar 20, 2026

Lower Maize Prices May See Indian Farmers Switch Back to Oilseeds, Pulses This Kharif

Indian maize prices fell to ₹1,781 per quintal, about 30% below the minimum support price, prompting growers to reconsider crop choices for the upcoming kharif season. Despite record‑high projected maize output of 302.47 lakh tonnes, farmers are eyeing oilseeds and pulses...

By The Hindu BusinessLine – Economy
Chicken Prices Soar in India on Bird Mortality, Reduced Weight
NewsMar 20, 2026

Chicken Prices Soar in India on Bird Mortality, Reduced Weight

Chicken prices in India have surged to record levels, now ranging between ₹270 and ₹340 per kilogram, driven by soaring bird mortality and reduced broiler weight during the summer heat. The average live bird weight has fallen to 1.5‑1.75 kg, down...

By The Hindu BusinessLine – Economy
PM Modi to Inaugurate Noida International Airport on March 28
NewsMar 20, 2026

PM Modi to Inaugurate Noida International Airport on March 28

Prime Minister Narendra Modi will inaugurate the Noida International Airport in Jewar on March 28, 2026. The airport has secured final security clearance from BCAS and an aerodrome licence from the DGCA, clearing the last regulatory hurdles before commercial service....

By The Hindu BusinessLine – Economy
El Niño to Emerge with Temperatures Rising and Uneven Rainfall Ahead: APEC Climate Centre
NewsMar 18, 2026

El Niño to Emerge with Temperatures Rising and Uneven Rainfall Ahead: APEC Climate Centre

The APEC Climate Centre issued an El Niño watch, forecasting a warming phase through mid‑2026 with above‑normal temperatures across most regions. Rainfall will become uneven, bringing wetter conditions in parts of the Pacific and drier, below‑normal precipitation over the Maritime Continent,...

By The Hindu BusinessLine – Economy
Centre Nudges Airlines on Free Seat Allocation, Transparency Norms
NewsMar 18, 2026

Centre Nudges Airlines on Free Seat Allocation, Transparency Norms

India’s Ministry of Civil Aviation, via the DGCA, has issued new directions mandating airlines to allocate at least 60% of seats free of charge and to seat passengers on the same PNR together where feasible. The guidelines also require clear...

By The Hindu BusinessLine – Economy
Lulu Group Moves More than 8,000 Tonnes of Food Products From India to Gulf Nations, Ensures Steady Supply
NewsMar 18, 2026

Lulu Group Moves More than 8,000 Tonnes of Food Products From India to Gulf Nations, Ensures Steady Supply

Lulu Group has moved more than 8,000 tonnes of essential food items from India to Gulf Cooperation Council (GCC) nations over the past two weeks, using 17 chartered cargo flights and sea shipments. Over 5,000 tonnes of fresh perishables reached...

By The Hindu BusinessLine – Economy
Hormuz Disruption: CBIC Allows BTT Clearance for Cargo Loaded at One Port, Offloaded at Another
NewsMar 17, 2026

Hormuz Disruption: CBIC Allows BTT Clearance for Cargo Loaded at One Port, Offloaded at Another

India’s Central Board of Indirect Taxes and Customs (CBIC) has issued new guidance allowing back‑to‑town (BTT) clearance for containers that are loaded at one Indian port but off‑loaded at another after a vessel returns due to disruptions in the Strait...

By The Hindu BusinessLine – Economy
India’s Scrappage Network Runs at 25% Capacity: Gadkari in Rajya Sabha; Experts Flag Weak Economics
NewsMar 17, 2026

India’s Scrappage Network Runs at 25% Capacity: Gadkari in Rajya Sabha; Experts Flag Weak Economics

India’s authorised vehicle‑scrapping network, built for 1.3‑1.6 million units a year, is operating at roughly 25 % capacity, with only 279,792 vehicles processed in FY 26. A backlog of 4.5‑5 million old vehicles and a low scrappage rate of under 3 % stem from weak...

By The Hindu BusinessLine – Economy
India’s Tea Imports Doubled in 2024-25
NewsMar 17, 2026

India’s Tea Imports Doubled in 2024-25

India’s tea imports surged to 50.14 million kg in fiscal 2024‑25, exactly twice the 25.21 million kg recorded in 2023‑24. The first ten months of 2025‑26 already show 33.55 million kg imported, underscoring a sustained upward trend. In response, the Tea Board issued strict labeling and...

By The Hindu BusinessLine – Economy
Indian Carriers Cancelled 4,335 Flights Till Now, Says Rammohan Naidu Amid West Asia Conflict
NewsMar 16, 2026

Indian Carriers Cancelled 4,335 Flights Till Now, Says Rammohan Naidu Amid West Asia Conflict

Union Civil Aviation Minister Ram Mohan Naidu told Parliament that Indian airlines have cancelled 4,335 flights, while foreign carriers have dropped about 1,187 flights amid the West Asia crisis. He emphasized that safety and closed airspace leave airlines no choice...

By The Hindu BusinessLine – Economy
NHAI to Raise FASTag Annual Pass Fee by 2.5% for FY27
NewsMar 15, 2026

NHAI to Raise FASTag Annual Pass Fee by 2.5% for FY27

India’s National Highways Authority (NHAI) announced a 2.5% increase in the FASTag Annual Pass fee, moving from ₹3,000 to ₹3,075 effective April 1, 2026 for FY27. The pass, launched in August 2025, lets private‑car, jeep and van owners make a single payment for...

By The Hindu BusinessLine – Economy
Airbus Sees Demand Boost for Helicopters in India, Projects Demand for 1,000 Civil Choppers in Two Decades
NewsMar 15, 2026

Airbus Sees Demand Boost for Helicopters in India, Projects Demand for 1,000 Civil Choppers in Two Decades

Airbus Helicopters projects demand for more than 1,000 civil helicopters in India over the next two decades, driven by low current helicopter density and supportive government policies. Deliveries accelerated in 2025 with over 30 units, and the company inaugurated a...

By The Hindu BusinessLine – Economy
Govt Asked to Explore Better Substitute for Pulses Farmers Amid Complains over Lower Prices
NewsMar 15, 2026

Govt Asked to Explore Better Substitute for Pulses Farmers Amid Complains over Lower Prices

The Supreme Court has ordered the Indian government to review its yellow‑pea import policy and explore a better substitute for pulses, urging a stakeholder meeting to revise the framework. A 30 percent import duty on yellow peas, effective from October 2025, aims...

By The Hindu BusinessLine – Economy
SAF Association Calls for Using Used Cooking Oil to Produce Sustainable Aviation Fuel
NewsMar 15, 2026

SAF Association Calls for Using Used Cooking Oil to Produce Sustainable Aviation Fuel

The Sustainable Aviation Fuel Association (SAFA) is urging India’s government to tap used cooking oil (UCO) as a feedstock for sustainable aviation fuel (SAF). It recommends extending producer‑responsibility schemes and building robust collection networks across restaurants, hotels and food processors....

By The Hindu BusinessLine – Economy
Kochi Metro Submits Nationwide Water Metro Feasibility Report
NewsMar 14, 2026

Kochi Metro Submits Nationwide Water Metro Feasibility Report

Kochi Metro Rail Limited (KMRL) has submitted a nationwide feasibility report for water‑metro systems in 18 locations across 11 states and two union territories. The study follows the success of Kochi Water Metro, which has attracted strong public acceptance and...

By The Hindu BusinessLine – Economy
PM Unveils Connectivity Projects Worth ₹18,680 Crore in West Bengal
NewsMar 14, 2026

PM Unveils Connectivity Projects Worth ₹18,680 Crore in West Bengal

Prime Minister Narendra Modi announced a ₹18,680 crore connectivity package for West Bengal ahead of the state elections. The flagship 231‑km four‑lane Kharagpur‑Moregram economic corridor will shave roughly 120 km off travel, cutting journey times by seven to eight hours. Additional projects...

By The Hindu BusinessLine – Economy
Kerala Govt to Acquire 230 Acres of Land for Vizhinjam Port-Related Development
NewsMar 14, 2026

Kerala Govt to Acquire 230 Acres of Land for Vizhinjam Port-Related Development

The Kerala government approved the acquisition of 230 acres of land for the Vizhinjam International Seaport at an estimated cost of ₹810 crore. Funding will come from ₹283.68 crore in the PSTSB account of Vizhinjam International Seaport Ltd and the balance from...

By The Hindu BusinessLine – Economy
Air India Evaluates East Asia Routes Amid West Asia Airspace Disruptions
NewsMar 13, 2026

Air India Evaluates East Asia Routes Amid West Asia Airspace Disruptions

Air India is assessing new long‑haul services to East Asian hubs such as Osaka, Jakarta and Phnom Penh, with a Boeing 787 earmarked for the Japanese capital. The move comes as the carrier activates contingency routes to bypass closed Gulf airspace caused...

By The Hindu BusinessLine – Economy
As Urea Imports Are Poised to Hit Record High, Indian Parliamentary Panel Moots Adopting Green Ammonia for Fertilisers
NewsMar 13, 2026

As Urea Imports Are Poised to Hit Record High, Indian Parliamentary Panel Moots Adopting Green Ammonia for Fertilisers

A parliamentary standing committee urged India to draft a comprehensive roadmap for phased adoption of green ammonia in urea, DAP and NPK production. The call comes as urea imports are set to hit a record 17 lt by May 2026, surpassing...

By The Hindu BusinessLine – Economy
Passenger Transport: Maharashtra Pauses New Rickshaw, Taxi Permits; E-Rickshaws and E-Bikes to Require Licences
NewsMar 13, 2026

Passenger Transport: Maharashtra Pauses New Rickshaw, Taxi Permits; E-Rickshaws and E-Bikes to Require Licences

Maharashtra has temporarily halted issuance of new auto‑rickshaw and taxi permits while requiring e‑rickshaws and e‑bikes to obtain licences. The move seeks a uniform regulatory framework for all passenger‑transport vehicles, including electric models. Transport Minister Pratap Sarnaik announced a forthcoming...

By The Hindu BusinessLine – Economy
Maharashtra to Use AI to Boost Freshwater Fisheries Output; ₹1,024-Crore Scheme Launched
NewsMar 13, 2026

Maharashtra to Use AI to Boost Freshwater Fisheries Output; ₹1,024-Crore Scheme Launched

Maharashtra has launched a ₹1,024‑crore Chief Minister Matsyasampada Yojana to modernise freshwater fisheries using artificial intelligence. The AI platform, built with tech firm Marvel, will map thousands of ponds, collect precise production data and guide desilting efforts. By addressing structural...

By The Hindu BusinessLine – Economy
As Global Cotton Firms up and Rupee Weakens, CAI Pares 2025-26 Cotton Import Projections
NewsMar 13, 2026

As Global Cotton Firms up and Rupee Weakens, CAI Pares 2025-26 Cotton Import Projections

The Cotton Association of India (CAI) trimmed its 2025‑26 cotton import forecast to 47 lakh bales, down three lakh from the earlier 50‑lakh estimate, citing higher international prices, a weaker rupee and rising freight costs. Despite the cut, imports remain above...

By The Hindu BusinessLine – Economy
Centre Proposes Life Term for Forced Transgender Conversion; Moves to Amend 2019 Act
NewsMar 13, 2026

Centre Proposes Life Term for Forced Transgender Conversion; Moves to Amend 2019 Act

The Union government introduced a Bill to amend the Transgender Persons (Protection of Rights) Act, 2019, imposing life imprisonment for forced conversion of children to a transgender identity and up to ten years for adults, with hefty fines. The amendment...

By The Hindu BusinessLine – Economy
Lila Global’s VLCC Becomes 1st Indian-Flagged Vessel Structured via GIFT City
NewsMar 13, 2026

Lila Global’s VLCC Becomes 1st Indian-Flagged Vessel Structured via GIFT City

Lila Global has acquired the VLCC Lila Jamnagar, marking the first Indian‑flagged vessel structured through the International Financial Services Centre at GIFT City. The tanker is registered under RFK Shipping IFSC Private Limited, allowing the group to tap tax incentives...

By The Hindu BusinessLine – Economy
Avio Smart Market Stack Inks Pact with Climate, Agri-Tech Firms
NewsMar 12, 2026

Avio Smart Market Stack Inks Pact with Climate, Agri-Tech Firms

Avio Smart Market Stack Ltd (formerly Bartronics India) signed multiple MoUs with climate‑tech and agri‑tech firms to launch Project AVIO Agritech, leveraging its rural banking network that reaches roughly 40 million citizens. The initiative aims to bring sustainable farming practices, carbon‑credit...

By The Hindu BusinessLine – Economy
Indian Potash Ltd. Set to Revive Cooperative Sugar Mill in Odisha; to Invest ₹360 Crore
NewsMar 11, 2026

Indian Potash Ltd. Set to Revive Cooperative Sugar Mill in Odisha; to Invest ₹360 Crore

Indian Potash Ltd (IPL) announced a ₹360 crore plan to revive the Badamba Cooperative Sugar Mill in Odisha, dormant since 2010. The MoU with the state government outlines a 3,500 TCD capacity, a 16 MW co‑generation plant, a 10‑tonne‑per‑day bio‑CNG unit and cold‑storage...

By The Hindu BusinessLine – Economy
India Fast-Tracks Chinese Investment Approvals in Key Sectors
NewsMar 11, 2026

India Fast-Tracks Chinese Investment Approvals in Key Sectors

India announced a fast‑track approval process for Chinese investments in selected sectors, reducing clearance time to 60 days. The new rules apply to electronics, capital goods, solar cells and battery components, but require Indian residents to hold majority stakes. The...

By The Hindu BusinessLine – Economy