At the 2026 World Bank Group Spring Meetings in Washington, D.C., India’s Secretary of Finance for the Department of Economic Affairs, Anuradha Thakur, delivered keynote remarks at the “Smart, Connected, Customer-Centric: …
Energy
-
IMF Urges South Asia to Use Fiscal Buffers Prudently Amid Global Commodity Volatility
by T. Vishnudatta Jayaraman 5 minutes readThe International Monetary Fund (IMF) has urged South Asian nations to deploy their fiscal buffers judiciously, emphasizing that countries such as India have demonstrated “prudent” fiscal management. “I think they …
-
India on Friday stepped up its diplomatic and domestic response to the escalating crisis in West Asia, using the sidelines of the G7 Foreign Ministers’ Meeting to press for global …
-
Fuel Duty Cut Turns Oil Shock into Fiscal Crisis for Centre
by R. Suryamurthy 6 minutes readThe Union government’s decision to cut excise duties on petrol and diesel by ₹10 per liter — even as it reimposes export levies on refined fuels — represents a calculated …
-
Beyond Oil: How the West Asia Conflict Is Rewiring India’s Economic Stability
by R. Suryamurthy 5 minutes readThe escalating conflict in West Asia is rapidly emerging as a multi-dimensional economic shock for India, threatening to unsettle currency stability, capital flows, and macroeconomic balances, even as policymakers rely …
-
Modi Flags Economic Fallout as West Asia Conflict Disrupts Supply Chains
by R. Suryamurthy 6 minutes readPrime Minister Narendra Modi on Monday warned that the ongoing conflict in West Asia is beginning to exert visible pressure on India’s economy, with rising oil prices, disrupted fertilizer supplies …
-
Global Energy System Under Strain as Hormuz Risks Expose Supply Fragility: IGU Chief
by R. Suryamurthy 4 minutes readThe Secretary General of the International Gas Union (IGU) has called for urgent global action to safeguard energy flows, warning that mounting disruptions around the Strait of Hormuz are exposing …
-
Between Sanctions and Supply: India’s Strategic Autonomy Tested in Oil Markets
by R. Suryamurthy 8 minutes readA temporary waiver issued by the U.S. Department of the Treasury permitting limited transactions involving Russian oil shipments to India has triggered fresh uncertainty across global energy markets, raising deeper …
-
Iran War Raises Energy, Trade and Inflation Risks for India and South Asia
by R. Suryamurthy 8 minutes readA fast-escalating war in West Asia—now involving direct military confrontation between the United States, Israel and Iran—has emerged as the most serious geopolitical shock to the global economy since the …
-
From Data Sovereignty to Ethics, India Outlines Global AI Governance Vision
by R. Suryamurthy 6 minutes readAt a moment when artificial intelligence is racing ahead faster than regulators and societies can comfortably absorb, Prime Minister Narendra Modi used the Leaders’ Plenary Session of the India AI …