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    Commerce Minister Piyush Goyal to visit Canada in May for trade talks
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March 29, 2026
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Trade agreement negotiations advance as India discusses Canada, UK, EU and New Zealand economic cooperation priorities.
India and Canada discussed expediting negotiations for a comprehensive economic partnership agreement, alongside cooperation in high-tech sectors, clean energy transition, nuclear energy, agriculture, and critical minerals. India and the United Kingdom reviewed implementation of the comprehensive economic and trade agreement, with both sides completing their respective approval processes and looking forward to its entry into force. India and the European Union reviewed progress on the recently concluded free trade agreement, while India and New Zealand discussed preparations for the prime minister's upcoming visit.
March 29, 2026
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Strait of Hormuz shipping disruption eases as Indian LPG tankers safely transit and support domestic fuel supply.
Safe transit of Indian-flagged LPG tankers through the Strait of Hormuz has been maintained despite conflict-related disruption to shipping in the region. The passage of additional carriers, together with earlier arrivals of LPG, crude oil and gasoline vessels, has helped support India's fuel supply chain at a time when the country depends heavily on imported LPG for domestic cooking gas demand. Continued maritime monitoring, coordination for vessels remaining in the western Persian Gulf, and repatriation of Indian seafarers have also been facilitated.
March 29, 2026
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Jet fuel taxation relief is being explored to ease airline operating costs amid West Asia conflict pressures.
Measures are being explored to reduce the impact of the West Asia conflict on airlines, including discussions with state governments on lowering taxes on jet fuel. Airlines are facing higher operating costs because of surging oil prices, airspace curbs, and longer flight routes, with aviation turbine fuel forming a substantial part of total expenses and value added tax on such fuel varying across states.
March 29, 2026
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Tea land transfer concerns prompt calls for clear guidelines, labour law harmonisation, and protection of industry liabilities.
Tea planters' body has sought clear guidelines before implementation of the amended law for transfer of housing line land to tea garden workers, citing administrative, financial and legal complications where land is mortgaged and labour quarters are company-built assets. It has also pointed to continuing management responsibility for housing and welfare amenities under labour law, urged full recognition of in-kind benefits for wage computation, requested release of pending subsidy payments, and called for policy support, market diversification, quality control, and a minimum sustainable price for made tea.
March 28, 2026
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National unity and aviation expansion drive highlighted as leaders urge restraint amid global crises and promote regional growth.
Prime Minister urged unity and restraint in responding to global crises, warning political parties against divisive remarks that may harm national interests. He linked the inauguration of Noida International Airport, its cargo terminal and MRO facility to a broader push for connectivity, regional growth and lower travel costs. The address also highlighted aviation expansion, the UDAN scheme, logistics development, transport infrastructure and self-reliance in the MRO sector.
March 28, 2026
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Aviation and infrastructure policy drive regional growth, affordable travel, domestic maintenance capacity and reduced import dependence.
Government policy on aviation, infrastructure and energy is presented as part of a broader strategy to advance economic development, improve citizen convenience and strengthen national resilience amid global disruption. The address emphasised safeguarding the interests of families and farmers, reducing costs and saving time, while maintaining calm and unity during external crises. It also highlighted the inauguration of Noida International Airport as a transport and logistics hub, the expansion of the UDAN scheme, development of domestic maintenance, repair and overhaul capacity, and ethanol blending as a measure to reduce crude oil imports and foreign exchange outgo.
March 28, 2026
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BFSI innovation platform brings together digital banking, cybersecurity, AI solutions, and regulatory dialogue for industry leaders.
IBEX India 2026 is presented as a dual-track BFSI platform combining a trade exhibition and a leadership conference to showcase and strategise innovation in banking and financial services. The exhibition brings together technology providers, fintech participants and BFSI solution specialists to present banking technologies, cybersecurity tools, AI-driven solutions, IT infrastructure services, KYC and onboarding solutions, surveillance systems and payment services intended to improve operational efficiency. The conference discusses digital transformation, cybersecurity resilience, the interaction between traditional banking and fintech, and the evolving regulatory landscape, including the growing role of AI.
March 28, 2026
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Trade transparency and WTO reform need capacity-building, not retaliation, to ensure fair compliance and multilateral balance.
Trade transparency under the WTO Technical Barriers to Trade framework requires members to share information on trade policies, subsidies and regulatory measures, but India has cautioned that transparency must not be weaponised to justify trade retaliation or challenge legitimate domestic policies. It stressed that disclosure obligations should be backed by sustained capacity-building support so all members, especially developing countries, can meet them fairly and effectively. India also supported time-bound WTO reform with milestones, robust evidentiary analysis and a member-driven consensus process.
March 28, 2026
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Panic buying and hoarding control take priority as Odisha urges supply stability amid the West Asia conflict.
Amid the West Asia conflict, the Odisha Chief Minister urged people to avoid panic buying and unnecessary purchasing so that supply chains remain stable and essential commodities continue to be available without disruption. The state government stated that accurate information would reach citizens and that hoarding and black marketing would be strictly prevented. He also welcomed the Central government's excise duty cut on petrol and diesel as a timely measure to shield consumers from rising global oil prices and support economic stability, energy security, and essential supplies.
March 28, 2026
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Customer-centric AI-led banking platforms drive Nucleus Software's long-term digital transformation strategy and global expansion.
Nucleus Software marked 30 years of listing on the Bombay Stock Exchange, describing the milestone as evidence of strong governance, disciplined execution and sustained value creation. The company said its growth has been driven by customer-centricity and domain-led innovation, with digital lending and transaction banking platforms supporting financial institutions across multiple countries. It stated that FinnOne Neo and FinnAxia are designed to improve operations through scalable, cloud-ready and API-driven architecture, with AI-led capabilities central to its strategy.
March 28, 2026
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Insolvency resolution process abuse allegations prompt refusal of interim protection and no-coercive-step relief in a fraud-linked FIR challenge.
Interim protection was declined in a fraud-linked FIR arising from a corporate insolvency process, as the investigation was at a nascent stage and the court was not inclined to stay the probe without hearing both sides. The request for a no-coercive-step order was also refused, while the investigating agency was directed to file a status report. The FIR concerns allegations of manipulation of the resolution process, acquisition of valuable land at a fraction of its market value, and structured financial flows through related entities.
March 28, 2026
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Pass-through income reporting through Form 75 requires timely furnishing by venture capital funds and companies.
Form 75 is the statement of income paid or credited by a Venture Capital Company or Venture Capital Fund to a person liable to tax under section 222. It is a child form of Form 74, not filed separately, and is automatically generated from Form 74 data through the e-filing portal with no separate documents or attachments. The form must be furnished to each investor by 30 June of the following financial year and is a mandatory compliance requirement.
March 28, 2026
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Pass-through taxation for venture capital income requires annual reporting through Form 74 with investor-wise income details.
Form 74 is the annual statement required from a Venture Capital Company or Venture Capital Fund registered with SEBI when income is paid or credited to investors from investments in Venture Capital Undertakings. The form records fund details, compliance declarations, income classification, proportions of income heads, and investor-wise particulars. It is filed electronically under digital signature by 15 June of the following financial year, after verification by a qualified accountant, and is supported by the SEBI registration certificate, fund deed where applicable, audited accounts, and certified income distribution records.
March 28, 2026
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Government dated securities issuance calendar sets auctions, retail bidding reservation, greenshoe flexibility, and monthly switch buybacks.
Indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, is released for the first half of the fiscal year 2026-27. The auctions include a non-competitive bidding facility reserving five per cent of the notified amount for specified retail investors, and the Government of India may modify the calendar, issue different types of instruments, exercise the greenshoe option, and conduct switch or buyback auctions subject to the applicable general notification.
March 28, 2026
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Government borrowing plan finalised with dated securities, green bonds, treasury bills and liquidity support arrangements.
Government borrowing for the first half of FY 2026-27 has been finalised in consultation with the Reserve Bank of India, through dated securities, sovereign green bonds and treasury bills. The plan distributes borrowing across weekly auctions and multiple maturities, provides for switching and buyback of securities to smoothen the redemption profile, reserves a greenshoe option, and sets the Ways and Mean Advances limit to address temporary mismatches in government accounts.
March 28, 2026
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Treasury bill issuance calendar fixes quarterly auction schedule and preserves flexibility to adjust timing and amounts as needed.
Treasury bill issuance calendar for the quarter ending June 2026 fixes the proposed auction and issue schedule for 91-day, 182-day and 364-day Treasury Bills through weekly auctions in April, May and June 2026. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the indicated auction amounts and timing depending on requirements, evolving market conditions and other relevant factors, after due notice to the market. The calendar is subject to change where circumstances so warrant, and auctions remain subject to the governing notification and its amendments.
March 28, 2026
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Insurance for All by 2047 drives Oriental Insurance growth, with premium milestone and expanded risk protection offerings.
Oriental Insurance Company Limited has crossed a gross premium milestone for FY 2025-2026, reflecting growing trust in public sector insurance institutions and alignment with the Government's objective of expanding financial inclusion under the vision of Insurance for All by 2047. Growth is attributed to strong contributions from Group Personal Accident, Health, Fire and Motor insurance portfolios, together with innovative offerings and planned new products addressing evolving risk needs.
March 28, 2026
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Investor facilitation camps streamline unclaimed dividends, unclaimed shares, and IEPF claim redressal through single-window support.
Investor facilitation camps under the Investor Education and Protection Fund framework provide single-window support for claim redressal, unclaimed dividends, unclaimed shares and pending IEPFA claims. The Bhubaneswar "Niveshak Shivir" offered on-the-spot KYC and nomination updates, direct interaction with company representatives and RTAs, and assistance through a Search Facility Help Desk for identifying unclaimed investments transferred to the IEPF. Participants were guided on locating potential claims and proceeding through Form IEPF-5.
March 28, 2026
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Startup ecosystem collaboration expands support for fuel-tech innovation, market access, mentorship and technology-driven solutions.
Structured support for startups in fuel-tech, manufacturing, deep-tech and allied sectors is to be advanced through a memorandum of understanding. The collaboration covers innovation challenges and hackathons, investor connect programmes, skill development initiatives, pilot opportunities and market access for early-stage innovators. It also seeks to support startups from ideation through prototyping, use the Startup India platform for wider outreach, and strengthen industry-startup linkages for technology-driven solutions and indigenous innovation.
March 28, 2026
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Pass-through taxation for venture capital income through Form 74, with online filing and investor-level reporting requirements.
Form 74 is a statement to be furnished by a Venture Capital Fund or Venture Capital Company in relation to income paid or credited to investors for section 222. It is filed online by the specified fund or company by 15 June of the following financial year, with supporting registration, deed, audited accounts, and certified income distribution records kept in possession. The form supports pass-through taxation, so the income is reported in the hands of investors according to its character.

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News and Press Release

Release of publication “Energy Statistics India 2026”

March 30, 2026

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The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation has released the annual publication “Energy Statistics India 2026”. The publication is available at the website of Ministry www.mospi.gov.in.

2.  The Publication comprises integrated dataset containing diverse key information about reserve, capacity, production, Consumption and import/export of all the energy commodities (like Coal, Lignite, Petroleum, Natural Gas, Renewable Energy, etc.) of India. The publication also contains different tables (like Energy Balance), graphs (like Sankey Diagram), and Sustainable Energy Indicators as per International Standards.

Improvements in the publication:

3. The 33rd edition of the publication has enhanced its’ coverage by incorporating aspects like Credit Flow to domestic energy-sectors, world energy-statistics etc.; have effectively addressed the major data gaps like consumption of domestic Coal through e-Auction, imported non-Coking Coal, sub-sectoral consumption pattern of electricity under Industry by utilizing the data from the Annual Survey of Industries (ASI) database. Further information like the industry-wise distribution of HSD through Retail/Reseller, the International Aviation and Marine Bunker Data have also been incorporated in the domestic supply/consumption of energy for the 1st time.

4. The publication has brought harmonization among the sectoral end-use consumption Statistics of all Energy Commodities by standardizing the end-use sectors.

Key Highlights

5. During the FY  2024-25, the Indian economy has depicted a healthy expansion in the Total Primary Energy Supply (TPES) registering a growth of 2.95% over the past year and stood at 9,32,816 KToE(Kilo Tonnes of oil Equivalent).

  • India has a huge potential for generation of renewable energy which stands at 47,04,043 Megawatt as on 31-Mar-25. In the total potential, the Solar Energy has witnessed a staggering growth from 748,990 Megawatt during FY: 2023-24 to 33,43,378 Megawatt during FY: 2024-25 and is having the highest share (around 71%) followed by Wind Power (11,63,856 Megawatt) and Large Hydro (1,33,410). More than 70% of the total potential for generation of renewable energy is concentrated in the following six(6) States viz. Rajasthan (23.70%), Maharashtra (14.26%), Gujarat (9.10%), Andhra Pradesh (9.1%), Karnataka (8.59%) and Madhya Pradesh(8.09%).  
  • The installed-capacity for generating electricity (including Utility and Non-Utility) from the Renewable resources has also experienced a significant growth over the past years. From 90,134 Mega Watt as on 31-Mar-2016, it has risen to 2,29,346 Mega Watt as on 31-Mar-2025, which is a CAGR of 10.93% over the years.
  • The gross generation of electricity from the Renewable resources (both Utility and Non-Utility together) has also increased significantly over the years. From an amount of 1,89,314 GWH of electricity generated during FY 2015-16, it has increased to 4,16,823 GWH during FY 2024-25, which is a CAGR of 9.17% over the years.

  • The per-capita consumption of energy over the years has gone up from 15,296 Mega Joule/person during FY 2015-16 to 18,096 Mega Joule/person during FY 2024-25 which is a CAGR of 1.89% over the years.

  • The utilization of the electricity has significantly improved over the years on account of reduction in the transmission and distribution losses. Percentage loss due to Transmission and Distribution which was around 22% during FY 2015-16 has gone down to around 17% during FY 2024-25.
  • Among all the major energy supply sources, coal has remained the dominant source, contributing the highest share to the total energy supply. Energy supply from coal (including lignite) has increased from 3,87,761 Ktoe in FY 2015-16 to 5,52,315 Ktoe in FY 2024-25. All other sources like Crude Oil, Natural Gas etc. have also registered a consistent growth over the periods.
  • The Total Final Consumption (TFC) of energy, into different end-use sectors, has also experienced a steady rise. TFC of energy surged by over 30.41 % from 4,69,212 Ktoe in FY 2015-16 to 608,578 Ktoe in FY 2024-25.
  • The Credit Flow to the energy sector in India has also experienced a steadfast growth over the years. From an amount of ₹ 1,688 Cr during 2021, it has gone up to ₹10,325 crore during 2025 which is a growth of over six times during this period.

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