Conflict in West Asia has disrupted India’s long-term natural gas contracts from Iran, forcing power plants to buy over 336% more gas from the spot market this summer, despite prices rising nearly 80%...
The Centre has already held discussions with all states and union territories, asking them to keep a close watch on the situation and ensure there is no hoarding or mismanagement of petrol and diesel ...
India hikes gold and silver import duty to 15% to reduce imports, control trade deficit, and support the rupee. Understand the reasons, impact, and future consequences. ...
India maintains 60-day fuel stocks and denies any plan for rationing despite West Asia tensions. Government clarifies foreign exchange concerns and boosts LPG supply efforts....
RBI MPC minutes warn of inflation risks from rising energy prices, West Asia conflict, and El Niño impact. Growth seen moderating to 6.9% while inflation may average 4.6% in FY27. ...
