Global brokerage UBS Securities revised India’s growth forecast down by half a percentage point citing the Iran war energy shock as an asymmetric macro risk.
Month: May 2026
India Government Keeps Fuel Retail Prices Stable While Cutting Taxes on Oil Companies
Despite soaring global crude prices the Indian government has not raised pump prices instead cutting taxes to shield oil companies and consumers from the full energy shock.
Modi’s Political Popularity Rising Despite India’s Economic Challenges Says Analysis
An analysis in ThePrint notes Modi’s approval remains high even as India faces economic headwinds from high oil prices foreign investor exits and slower growth projections.
Trump Calls PM Modi to Discuss West Asia Situation and Strait of Hormuz
US President Donald Trump called Prime Minister Modi to review bilateral cooperation and discuss the evolving situation in West Asia and the strategic Strait of Hormuz.
Delhi-Dehradun Economic Corridor Inaugurated by PM Modi in Uttarakhand
The Prime Minister inaugurated the Delhi-Dehradun Economic Corridor in Dehradun inaugurating infrastructure that will cut travel time between the two cities.
PM Modi Addresses Lok Sabha on Ongoing Conflict in West Asia and India’s Position
Prime Minister Modi addressed Parliament’s lower house outlining India’s diplomatic stance on the US-Iran conflict its impact on the Indian economy and bilateral outreach.
Cyprus President Christodoulides Concludes State Visit to India After Talks with PM Modi
The President of Cyprus Nikos Christodoulides wrapped up a three-day state visit from May 20-23 during which he met PM Modi for wide-ranging bilateral discussions.
70 Judicial Officers in Lucknow Cycle to Court Following PM Modi’s Fuel Conservation Call
Lucknow’s judicial officers took to bicycles to commute to courts in solidarity with PM Modi’s public appeal to cut fuel consumption amid high global energy prices.
Morgan Stanley Report Flags India’s FDI at Near All-Time Lows of $0.5 Billion
A Morgan Stanley April 22 report noted India’s net foreign direct investment flows remain near all-time lows and the trend is likely to continue amid reform delays.
Foreign Portfolio Investors Sell Indian Stocks Worth Over $20 Billion Since January 2026
FPI outflows from India’s equity markets in early 2026 exceeded $18.9 billion sold in all of 2025 as rising fuel costs and economic uncertainty drive foreign exits.