Business

The standards issued by the Ministry of New and Renewable Energy (MNRE) outline the emission thresholds and eligibility conditions that must be complied with in order for ammonia and methanol produced to be classified as 'Green', produced using Green Hydrogen derived from renewable sources.

Sanyal explained that the vast majority of India's goods trade is handled by international shipping lines, leaving the nation's economy exposed to external pressures. He stated, "90 to 95 per cent of all our goods trade is carried by foreign ships. So, if you really want to get India into trouble, all you really need to do is to get three or four of the largest shipping lines to boycott India for some reason. And this would really cause serious... severe stress to the Indian economy."

New GDP Series changes size and structure of Indian economy, with India's latest national accounts revision altering estimates of the economy's size, sectoral composition and expenditure patterns while improving statistical measurement of economic activity according to the Finance Ministry's February 2026, Monthly Economic Review. The revised series, with 2022-23 as the new base year, introduces methodological and data improvements that more accurately capture structural changes such as formalisation, digitalisation and emerging service-sector activities.

India's labour market is showing signs of strengthening with rising employment levels and improved workforce participation, including among women, according to the Finance Ministry's Monthly Economic Review for February 2026. The report noted that labour market indicators have been improving steadily, supported by policy reforms, social protection measures and skill development initiatives. "Recent labour market indicators reflect an improving employment landscape driven by a combination of regulatory reforms, expanded social protection, and targeted skill development initiatives," the review said.

Global crude oil prices could climb to around USD 120 per barrel if the conflict in West Asia continues for a prolonged period, said Manoranjan Sharma, Chief Economist at Infomerics Ratings, warning that an extended geopolitical crisis could significantly disrupt global economic calculations.

The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 45,960 crore through the auction of State Government Securities (SGS), scheduled to be conducted on March 10, 2026.