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India, the world's third-largest importer and consumer of oil, has not taken any shipments from Iran since May 2019, when US sanctions led it to halt such purchases....

The central bank governor is of the view that this will provide the Indian economy with 'greater resilience' to withstand shocks. However, the downside risks to growth projections remain, especially in case of a prolonged West Asia conflict....

Advent International LP-backed Svatantra Microfin Pvt. has met with bankers and lawyers as the first step in the process for an initial public offering that could raise as much as $250 million, according to people familiar with the matter....

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The Reserve Bank of India held interest rates in its first policy decision since the Middle East crisis erupted, as it grapples with a sharply weaker rupee while trying to support economic growth....

India's central bank needs to weigh growth risks and inflation pressures from the Iran war as higher energy costs and supply disruptions mount....

Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets opened in green on Wednesday, rallying strongly ahead of the RBI monetary policy review. While Nifty50 went above 23,800, BSE Sensex rose over 2,600 points....

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Locally, focus is on RBI's rate decision on Wednesday and TCS' results Thursday....

​India imports 80% of its oil and gas, and while it produces some green minerals like copper and graphite, it is dependent on imports for others such as lithium, cobalt and nickel....

India is shunning cheaper China-made high-speed cameras at highway tolls, citing security concerns around these devices and opting instead for American, German and Taiwanese suppliers, according to people familiar with the matter....

Antares Earns DoE's First Ever Microreactor Approval As Modi Heralds 'Defining Step In India's Nuclear Energy Journey' Antares Nuclear reached the most significant regulatory milestone to date for a microreactor. The company announced that its Mark-0 reactor became the first advanced reactor to receive Department of Energy approval for a Documented Safety Analysis under the new DOE-STD-1271.  DSA approved. ✅ Antares is the first advanced reactor to receive DOE approval of a Documented Safety Analysis under DOE-STD-1271. Our Mark-0 reactor now moves to Readiness Review. Onward. pic.twitter.com/DovqJsVVwz — Antares (@AntaresNuclear) April 6, 2026 The company will now proceed with preparations for taking the reactor critical for the first time. This includes forming a joint test group to oversee the startup planning and execution. Secretary of Energy Chris Wright holds permission for starting up the reactor as the Startup Approval Authority.  Bob Boston, manager of the DOE Idaho Operati...

India faces significant external shocks from the Middle East crisis, impacting energy markets, trade, and supply chains. Disruptions in the Strait of Hormuz are increasing costs for exporters and importers, with sectors like agriculture and labour-intensive industries particularly vulnerable. Higher energy prices and potential slowdowns in Gulf economies could lead to sustained inflation and slower growth for India....

Investors are accelerating their flight from the largest US-listed exchange-traded fund tracking Indian equities, as concerns mount over the impact of the global energy crisis on the Asian economy....

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India remains committed to its fiscal deficit target for 2026-27, prioritizing capital expenditure despite Middle East tensions impacting oil prices. While austerity measures are considered, crucial infrastructure projects are protected. Officials suggest subsidy targeting and savings could offset added fiscal pressure, but economists warn of potential slippage if fuel prices remain capped....

India's electric vehicle sales surged past 20 lakh units for the first time, driven by robust two- and three-wheeler demand. Electric cars also saw remarkable 84% growth. This milestone signifies a significant leap in the nation's green mobility transition, with all vehicle categories contributing to this impressive expansion....

India's most advanced reactor has set the country on a path towards potentially cutting its dependence on uranium....