Indian refiners plan to continue sourcing Russian crude from non-sanctioned suppliers and vessels despite US decision not to renew temporary sanctions waivers
Units warn of permanent shutdowns and curtailed operations as West Asia conflict disrupts scrap supply, raises costs, and strains liquidity; government relief sought
IMF advises India to deploy fiscal buffers through targeted support as prolonged West Asia crisis could intensify energy shocks and disrupt growth across Asia
The state-run refiners have been asked to access the credit line via the State Bank of India, the sources said. SBI is India's largest bank and is state-backed
Anuradha Thakur, Secretary in the Department of Economic Affairs, said India continues to stand out as a reliable and rapidly expanding economic partner
Both sides reviewed existing engagements and discussed expanding cooperation across the steel value chain and related industries, according to an official statement
The free trade pact aims to provide tariff-free access to the island nation's market for domestic exporters' goods and will bring in $ 20 billion in investment over the next 15 years
India slipped to sixth in IMF GDP rankings due to rupee depreciation and base revision, even as the economy continued strong growth and is expected to regain position soon
The exploration programme in Zambia was set to run for three years, after which New Delhi had planned to invite private sector companies to participate, subject to securing mining rights
As the govt considers increasing Lok Sabha seats, concerns are rising in southern states that a population-based delimitation could reduce their share and alter India's federal balance
Although the government is sticking to its forecasts of 6.8 per cent-7.2 per cent for the fiscal year through March 2027, several economists have already started to downgrade their projections
The war is pushing energy prices higher, worsening inflation and impacting global economic growth. But longer term, areas including global demand for Chinese exports could take a hit
India and the US were initially planning to sign the trade deal in March, but changes in the tariff landscape following the US Supreme Court ruling have altered the situation
Wholesale inflation surged to a 38-month high in March, driven by fuel, primary goods, and manufactured products, with analysts expecting further upward pressure
Modi and Trump spoke for 40 minutes on Tuesday, with American Ambassador to India Sergio Gor later indicating that the two sides are poised to conclude several "big-ticket" deals soon
