Economy & Policy News

India will soon receive two cargoes each of crude oil and LNG via routes bypassing the Strait of Hormuz as refiners boost LPG production to ease supply pressures

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

Rising global oil prices may intensify financial pressure on India's state-owned oil companies as retail fuel prices remain largely unchanged, says Moody's

Crisil projects India's economy to grow 7.1 per cent in FY27 on consumption and investment, but warns West Asia tensions and trade frictions pose downside risks

Shipping minister Sarbananda Sonowal asks officials to prepare a roadmap to address industry challenges as geopolitical tensions and supply chain disruptions strain maritime trade

Select FDI proposals from land-border countries in sectors such as batteries, rare earths and electronics will be processed within 60 days under revised Press Note 3 rules

The Fiscal Responsibility and Budget Management (FRBM) Act aims to regulate the country's debt level by restricting fiscal and revenue deficits as a percentage of GDP

Revised Press Note 3 policy allows up to 10 per cent non-controlling ownership from land-bordering countries, easing startup funding while retaining oversight

A petroleum ministry official said refineries are currently operating at full capacity to meet energy demand, while measures are being taken to stabilise gas and LPG supply

S&P Global Ratings warns India's limited strategic energy reserves and heavy import dependence heighten vulnerability to supply disruptions in West Asia

In February 2026, India began easing its restrictions on buying Chinese equipment

Amid the conflict with Iran, the US said last week it was issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil

Goyal said the government is closely monitoring the evolving situation and taking necessary steps to ensure the uninterrupted availability of fuel across the country

Brent futures were ​trading down 23 cents, or 0.26 per cent ‌lower, at $87.57 ​a barrel ‌at 0023 GMT

Modi's message to ministers to ensure that any inconvenience to citizens is minimised, and to gear up for potential disruptions, was conveyed at the Union Cabinet meeting

Automatic route allowed for stakes below 10%

Sequential growth in India's flexi-staffing sector slowed to 0.5 per cent in Q3 FY26 as firms paused hiring amid labour code implementation, according to an ISF report

Every crease and fold tells the story of the city's leather industry, stretched thin by tariffs, disrupted consignments, and a fragile global market

An e-way bill is an electronically generated document mandated under the GST regime for the movement of goods valued at more than Rs 50,000

Finance Ministry seeks Parliament approval for Rs 2.01 trillion net additional FY26 spending through the second supplementary demand for grants, with allocations for subsidies and reserve funds