Fuel austerity dampens outlook for India's annual product demand growth
Business Standard·- India's transportation fuel demand growth is projected to slow significantly in the latter half of 2026 due to government conservation measures, high crude oil prices, and a weak rupee. - Recent price hikes of Rs 5 per litre for petrol and diesel, alongside decreased consumption forecast by analysts, indicate a downturn in mobility and discretionary travel. - Austerity measures reflect a shift towards prioritizing macroeconomic stability and fuel supply security, potentially impacting transportation fuel growth unless crude prices decline or further support is provided.Net FDI into India rises sharply to $7.65 billion in FY26: RBI data
Business Standard·- Net foreign direct investment (FDI) into India rose to $7.65 billion in 2025-26, with March recording net inflows of $1.57 billion for the second consecutive month. - Gross inward direct investment increased to $40.95 billion, driven by higher equity inflows and reinvested earnings, but repatriation and disinvestment by foreign investors limited net FDI growth. - In contrast, net portfolio investment saw a significant outflow of $16.67 billion, leading to an overall net outflow of $9.02 billion for all foreign investments during the fiscal year.