SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

The Hindu Businessline

Economy / The Hindu Businessline

Goldman Sachs slashes Indias growth forecast for CY26 by 60 bps to 5.9%

Forecast trimmed for the second time this month amid worsening external environment

24 Mar 2026 3:10 pm
Internal buyers, blenders push tea sales in Coonoor Auctions

Global Tea Auctioneer said that the offered quantity in leaf was 9,64,835 kg, with a 78 per cent sales, while for dust, it was 2,86,009 kg with a sale of 87 per cent in Sale 12

24 Mar 2026 2:16 pm
Govt plans to redirect 90 lakh tonne FCI broken rice to ethanol industry from next year: Food Sec

The government is now looking beyond supply and focusing on getting more ethanol into the market

24 Mar 2026 1:42 pm
Nitin Gadkari launches NHAI-backed Raajmarg Infra Investment Trust

Gadkari said the next target is to monetise 1,500 kilometres of highways over the next three years through Raajmarg InvIT

24 Mar 2026 12:58 pm
Farmers income has doubled, says Shivraj Singh Chouhan in Lok Sabha

The statement came in response to opposition criticism that the government failed to meet its promise

24 Mar 2026 12:43 pm
Why damage to Qatars gas infrastructure could push costs higher for years to come

Damage was estimated to be so extensive that QatarEnergys CEO said the company may have to declare a force majeure on long-term contracts

24 Mar 2026 12:30 pm
Pune-based startup KhetiBuddy sets foot in Europe via local partner

The company also has offices in the UAE and works with clients in Canada

24 Mar 2026 11:06 am
India's private sector growth hits 3-year low as West Asia war saps demand

India's GDP growth had already slowed to 7.8% last quarter from 8.4% in the previous one as government spending and private investment cooled

24 Mar 2026 10:39 am
IMD unveils a digital surface meteorological observation system

The new system is based on digital sensors with Wi-Fi-enabled electronics to measure air temperature, atmospheric humidity, pressure, wind data and rainfall, providing geo-tagged data for meteorological applications

24 Mar 2026 8:42 am
Government may bring bills to implement womens reservation before delimitation

Union Home Minister Amit Shah has initiated consultations with NDA and opposition leaders to build consensus.

24 Mar 2026 7:52 am
IndiGo strengthens leadership with Aloke Singh as chief strategy officer

He will initially report to IndiGos managing director Rahul Bhatia and later to the incoming CEO

24 Mar 2026 7:34 am
Indias reward points economy pivots to everyday spending

In contrast, travel has seen a declinefrom 16% earlier in the year to about 11% by the December quarterhighlighting a move away from aspirational spending

23 Mar 2026 9:30 pm
Evolving geopolitical situation requires close monitoring: RBI bulletin

In terms of energy security, India has progressively diversified its crude oil import sources and augmented its domestic refining capacity, said RBI

23 Mar 2026 9:24 pm
Indias wheat output may be hit in Punjab, Haryana & UP due to unseasonal rain

States where farmers irrigated their crops a day or two before the rain may be affected

23 Mar 2026 8:50 pm
As West Asia conflict intensifies, OMCs to push for more LPG storage facilities

OMCs have been contemplating establishing more caverns for storing LPG, on the lines of the two caverns India has that can store a cumulative quantity of around 1.40 lakh tonnes

23 Mar 2026 8:50 pm
Government to notify Bt cottonseed price cap for 2026-27 soon

Taking a cue from past instance, there may not be an increase in the maximum price this year, however a final decision will be taken at top level, industry sources said

23 Mar 2026 8:46 pm
Govt restores full RoDTEP rates to support ailing exporters

Industry cheers move; rates to apply from February 21 to March 31, 2026

23 Mar 2026 8:29 pm
India, Russia reaffirm $100 b trade goal as West Asia simmers

Jaishankar calls for FTA talks conclusion; Lavrov flags Modis Russia visit in 2026

23 Mar 2026 7:18 pm
Dialogue, diplomacy solution to this problem: PM Modi on West Asia war

The Prime Minister said the conflict, now stretching beyond three weeks, has begun to exert pressure on economies worldwide

23 Mar 2026 6:43 pm
Finance Minister introduces bill to amend Company Law, LLP Act amid protest by the Opposition

Bill to be sent to a Joint Parliamentary Committee for further deliberations

23 Mar 2026 6:42 pm
Ethanol producers urge government to increase blending

To mitigate the disruption of oil, AIDA has suggested increasing ethanol blending gradually from 20% to 30%, introduction of flex vehicles which can run on 100% ethanol like in Brazil

23 Mar 2026 6:04 pm
Indias natural rubber demand set to grow 3.6%, driven by auto, EV sectors: AIRIA

The sector is witnessing increased investments in capacity expansion, technology upgrades, and export-oriented manufacturing, says its president Anay Gupta

23 Mar 2026 5:24 pm
Rabi pulses ease on improving arrivals

The India Pulses & Grains Association in its weekly update said chana prices are seen range bound amid weak demand and higher supply expectations

23 Mar 2026 5:07 pm
India-Russia committed to increase trade to $100 billion: Jaishankar hails Special and Privileged Strategic Partnership

EAM lauded the efforts of the Russian International Affairs Council and the Indian Embassy in Moscow for the second consecutive edition of this initiative

23 Mar 2026 3:16 pm
Governments globally likely to tap private wealth to manage rising debt levels: UBS Report

Highlighting the scale of global wealth, UBS said private sector wealth is at record highs and significantly outweighs government liabilities

23 Mar 2026 2:53 pm
Global economy faces major threat amid worsening energy crisis: IEA chief

Fatih Birol says damage to over 40 assets and Strait of Hormuz disruptions surpass 1970s oil shocks and Ukraine gas crisis combined, threatening global economy

23 Mar 2026 10:51 am
Nirmala Sitharaman to introduce Corporate Laws (Amendment) Bill in Lok Sabha

The Lok Sabha is scheduled to commence proceedings for the ongoing second phase of the Budget Session at 11 AM today

23 Mar 2026 9:26 am
Fertiliser imports at risk ahead of sowing season, 26% sourced from current hotspot West Asia: CareEdge Report

The report noted that such disruptions could pose challenges for India during the upcoming Kharif season, especially amid rising concerns over the possible occurrence of El Nino

23 Mar 2026 9:14 am
Government orders Tata Powers Gujarat plant to operate at full output

The move comes as peak demand is expected to touch around 270 GW, significantly higher than last year.

23 Mar 2026 8:18 am
Indian Railways revises kilometrage allowance for running staff

Effective January 1, 2024, the move benefits loco pilots, assistant loco pilots, guards, and other operational staff.

23 Mar 2026 7:45 am
Group of Ministers, Secys to be formed to deal with critical needs of citizens

PM meeting with ministers made a detailed assessmentofavailability for critical needs of thecommon man,including food, energy and fuel security

22 Mar 2026 10:22 pm
Telangana CM inaugurates 300 crore palm oil factory

He also released the first tranche (3,447 crore) of the Rythu Bharosa funds; the scheme provides financial assistance to farmers to buy farm inputs ahead of the kharif season

22 Mar 2026 8:59 pm
Centre to launch 7th tranche of critical mineral block auctions on Monday

The development assumes significance as the government aims to bolster India's self-reliance in clean energy, advanced technologies, fertilisers and strategic sectors amid global supply chain disruptions

22 Mar 2026 7:42 pm
India to focus on core priorities amid WTO reform push at MC14 this week

Some developed members have questioned consensus-based decisions, MFN and S&DT, but many developing countries see them as vital to WTOs survival

22 Mar 2026 7:01 pm
CMA CGMs PEARL service to offer direct IndiaUS West Coast link via China; cuts transshipment costs

The service aims to lessen reliance on traditional transshipment hubs like Colombo and Singapore, where containers are usually offloaded and reloaded onto long-haul vessels

22 Mar 2026 6:50 pm
Indias sports economy doubled in four years, crossed $2 billion mark in 2025 : WPP Media Report

The cricket business alone grew by 17.9% to 16,704.2 crore in 2025contributing nearly 89% to the total industry : WPP Media Report

22 Mar 2026 5:56 pm
Centre prioritises PNG, boosts commercial LPG amid West Asia tensions

The government has advised City Gas Distribution (CGD) entities to prioritise PNG connections for commercial establishments like restaurants, hotels, and canteens to address LPG availability concerns

22 Mar 2026 4:24 pm
Govt may consider OFS option for raising public float in IDBI Bank

Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price

22 Mar 2026 3:34 pm
Law to align India with global pay norms by enabling RSUs, SARs alongside ESOPs

Companies Act amendment to widen stock-linked pay, ease AGM norms

22 Mar 2026 2:23 pm
LNG disruption halves Indias urea output as West Asia tensions deepen

While urea output at affected plants has dropped by 50%, energy consumption had climbed by 40% as large ammonia-urea trains running at reduced loads suffer a sharp deterioration in thermal efficiency, say sources

22 Mar 2026 12:26 pm
Ethanol industry ready to supply more than 20% blending, can cut crude import bill: AIDA

Such a step will mitigate supply disruptions and adverse economic impact on the country: All India Distillers' Association (AIDA)

22 Mar 2026 11:19 am
Russian crude tanker begins discharge at New Mangalore Port

Sources said crude oil tanker Aqua Titan with 96099 tonnes of crude oil cargo started discharging crude oil at SPM facility on Sunday morning

22 Mar 2026 10:13 am
Water quality analysis: A scientific pathway to enhanced agricultural productivity

It not only plays an auxiliary role but also forms the cornerstone of modern agriculture

22 Mar 2026 9:19 am
Leveraging technology to enable real-time crop monitoring and strengthen farmer incomes

Real-time monitoring and AI-driven transparency systems have the potential to transform food supply chains into ecosystems built on credible data, trust, and shared value

22 Mar 2026 9:00 am
Airlines warn of grounding, job cuts as costs spiral; seek relief

Rising ATF, weak rupee, and high airport charges threaten network viability

21 Mar 2026 10:50 pm
India removes airfare caps as flight operations stabilise, warns against price surge

The decision, effective Monday, follows requests from airlines facing rising costs amid West Asia tensions.

21 Mar 2026 10:49 pm
Air India introduces fitness policy, crew may face action over BMI limits

The policy aims to promote a healthy lifestyle and will apply to both active and trainee crew

21 Mar 2026 9:51 pm
Government approves additional 20% LPG allocation for commercial users

An additional 10% allocation is linked to reforms in piped natural gas (PNG) expansion

21 Mar 2026 8:20 pm
LPG shortage hits restaurants across India, industry urges essential status

While Delhi restaurants receive 42% of supply, other states struggle, leading to operational disruptions, reduced service hours, and financial losses estimated at 2530%

21 Mar 2026 7:43 pm
India to begin carbon market trading in the country within four months, says Union Power Minister

Within the next four months, formal trading in the carbon market will start in the country, the Union Minister said on the sidelines of the Bharat Electricity Summit 2026 held in Delhi

21 Mar 2026 7:31 pm