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ENERGY PRICES CRISIS
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...09 Jun, 2026, 10.06 AM IST- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...08 Jun, 2026, 02.31 PM IST
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...07 Jun, 2026, 10.36 AM IST
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...06 Jun, 2026, 08.42 PM IST
- Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...06 Jun, 2026, 07.04 PM IST
- July rollout of India, US trade interim pact likely as two move to seal 'vibrant’ 1st phase: Piyush GoyalIndia and the United States are close to finalizing an interim trade agreement. The first phase of this pact is anticipated to be executed ...06 Jun, 2026, 12.44 AM IST
- RBI MPC June meet 2026: What's cheaper and what's costlierThe Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy pr...05 Jun, 2026, 12.00 PM IST
- RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices a...05 Jun, 2026, 11.37 AM IST
- West Asia crisis: Why India needs a fertiliser security strategyIndia’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent...05 Jun, 2026, 10.41 AM IST
- India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...05 Jun, 2026, 12.58 AM IST
- India set to implement 2-3 more FTAs in six months, says commerce minister Piyush GoyalIndia is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four sig...04 Jun, 2026, 03.36 PM IST
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...04 Jun, 2026, 06.14 AM IST
- Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio GorUS Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a "red line" for the United States. He c...03 Jun, 2026, 10.53 PM IST
- Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...03 Jun, 2026, 09.37 PM IST
- OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...03 Jun, 2026, 02.51 PM IST
- MSMEs to bear bigger hit than large firms from West Asia conflict: CrisilThe ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Ant...02 Jun, 2026, 07.33 PM IST
- War & AImpact: China's export-price jump fastest in 3 yearsChina's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil,...30 May, 2026, 12.27 AM IST
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