

Parliamentary panel interrogates oil ministry officials over petrol and LPG shortages amid ongoing West Asia crisis and supply concerns.


Fuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis means higher fuel costs for citizens. The government is foregoing Rs 1 lakh crore in revenue. This is due to excise duty cu…

Hindalco reports a slight increase in aluminium exports to Japan, Korea, and Taiwan due to the West Asia crisis.
In light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman is advocating for a concentrated approach to managing fuel, fertiliser, and foreign exchange resources. Prime Minister Mo…
A parliamentary committee will meet to discuss the West Asia crisis. The impact on India's maritime trade, shipping infrastructure, and seafarer safety will be examined. Ministries of Ports, Shipping and Waterways, External Affairs, Commerce, and Petroleum wi…

For fertilizers, CII proposed phased reforms including direct benefit transfer of subsidies to farmers and integrating urea under the Nutrient Based Subsidy framework to improve efficiency and reduce excessive nitrogen usage

Leather exports from India fell 1.6% in FY26 due to US tariffs and the West Asia crisis affecting global demand.

Leather exports from India fell 1.6% in FY26 due to US tariffs and the West Asia crisis affecting global demand.
India's edible oil imports are a significant economic concern. The Solvent Extractors' Association of India urges increased domestic oilseed production and smarter consumption. These steps are vital for national economic and strategic resilience. The indust…
Memory prices are set to rise for consumers. No major new production capacity is expected in the next 18 months. This will lead to higher costs for devices like smartphones. The ongoing West Asia crisis also impacts raw material availability for electronics. …

Orkla India reports 7.5% PAT growth in Q4 FY26, focusing on consumption-driven strategies despite market disruptions and geopolitical challenges.

On concerns over rising travel costs amid global uncertainty, Naidu says the Centre has already initiated measures to shield domestic passengers from any burden
The United Nations has lowered India's economic growth forecast for 2026 to 6.4 percent. This adjustment reflects global uncertainties and economic shocks from the West Asia crisis. Despite this, India remains one of the world's fastest-growing major economie…
India must stay alert to West Asia crisis fallout, though not worried now. Civil Aviation Minister Kinjarapu Rammohan Naidu stated this in Ranchi. Measures are in place to control airfares for domestic passengers. The government is monitoring air travel and w…
India Business News: MUMBAI: Leading rating agencies have revised downward India's GDP growth estimates for the next few quarters and up to 2027, thanks to the impact of t.

Amid West Asia crisis, two of India’s leading economic research and rating firms have projected the growth rate for fiscal year 2026-27 between 6.2 and 6.7 per cent.
Rating agency ICRA has revised India's FY27 GDP growth forecast down to 6.2% from 6.5% due to elevated crude oil prices stemming from the West Asia crisis. For FY26, growth is estimated at 7.5%. Q4 FY26 GDP growth is expected to slow to 7% amid moderating ind…
India Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve foreign exchange, and reduce the import bill amid the West Asia crisis. Industry experts anticipate a surge in local trave…
The Indian Public sector Oil Marketing Companies (OMCs) have managed to reduce their losses to Rs 750 crores a day down from Rs 1000 crores a day earlier amid the on going West Asia crisis which has been putting pressure on the oil companies due to disruption…
India's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import costs for urea and other fertilisers due to the West Asia crisis. Despite cost pressures, fertiliser availability for the …
India's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import costs for urea and other fertilisers due to the West Asia crisis. Despite cost pressures, fertiliser availability for the …
Chief Justice of India Surya Kant has asked high court chief justices to hold online hearings on Mondays and Fridays. This move aims to cut down unnecessary expenses amid the West Asia crisis. The Supreme Court itself has adopted similar video conference proc…
Uttar Pradesh Chief Minister Yogi Adityanath has urged citizens to adopt austerity measures to combat the West Asia crisis. He called for work-from-home twice a week, reduced vehicle usage in official convoys, and a 50% cut in ministerial fleets. The CM also …

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.