Latest News, Updates & Breaking Headlines
India is stepping up efforts to secure fertiliser supplies, with plans to import 2.5 million metric tonnes of urea as it works to stabilise availability in the domestic market amid tightening conditions linked to the US-Israeli war with Iran.This comes as ongoing tensions in the Middle East have been disrupting global energy flows and shipping…
A sharp escalation in the Middle East conflict has choked India’s basmati rice shipments, leaving nearly 400,000 metric tons stranded at ports and in transit, while new export deals have come to a halt as freight rates have more than doubled since the US and Israel attacked Iran over the weekend, trade officials told Reuters.India,…
India is planning to shift to net domestic product (NDP) as its main measure of economic activity, moving away from gross domestic product (GDP), in line with the United Nations’ System of National Accounts (SNA) 2025 guidelines. The change is expected to be implemented from 2029–30, according to official sources quoted by Economic Times.The statistics…
