India asks US for Russian oil waiver extension as Iran war drags on, Bloomberg News reports

India has asked ​the U.S. ‌to extend its ​waiver on ​Russian oil, Bloomberg ⁠News ​reported on Thursday, ​citing people familiar with the ​matter, ​as the ongoing ‌conflict ⁠in the Persian Gulf disrupts ​energy ​supply.

Reuters • May 14, 2026

Travel stocks under pressure as India signals push to curb overseas travel

Indian travel stocks came under pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, cut fuel consumption and defer gold jewellery purchases for a year, as the government sought to ease pressure on the rupee and contain rising import costs. The remarks, delivered on Sunday, were framed as a national appeal rather than an immediate policy change.

Invezz • May 13, 2026

Explainer: As PM Modi calls for conserving FX, what steps can India take?

Indian Prime Minister Narendra Modi has urged citizens to adopt practices to conserve foreign exchange as Asia's third-largest economy grapples with the fallout from the Iran war-driven spike in oil prices, which has piled pressure on the rupee and ​depleted FX reserves.

Reuters • May 11, 2026

India's Grids Must Now Be Smart Enough For Clean Power

In Rajasthan, India's largest state, the energy transition is no longer just about how many solar panels rise from the desert. It is a fundamental stress test of whether a legacy grid can evolve to handle the volatile surges of a low-carbon future.

Forbes • May 10, 2026

India's Modi tightens political grip with historic state victory — but can it usher in reforms and draw investors?

Indian Prime Minister Narendra Modi's political party won its first-ever state elections in West Bengal. Modi's popularity was seen to be waning when, two years ago, his party failed to secure a majority in the national polls.

CNBC • May 5, 2026

India's markets regulator sets up task force to tackle AI-driven cyber threats

India's markets regulator on Tuesday issued an advisory ​on emerging AI-driven vulnerability ‌detection tools, warning that their use could introduce new cybersecurity ​risks for regulated entities.

Reuters • May 5, 2026

Intense heat drives India's power output to two-year high

India's electricity generation ​in April rose to 167.61 billion kilowatt‑hours, the highest since May 2024, and is ‌set to increase further as intense heat leads to record peaks in demand, a Reuters analysis of daily government data showed.

Reuters • May 4, 2026

Indian States Begin Counting Votes in Key Elections

Vote counting is underway following polls across key regions in India. West Bengal is emerging as the main battleground and the outcome will test Prime Minister Modi's ability to expand beyond the core BJP base.

Bloomberg Markets and Finance • May 4, 2026

India to see above-average number of heatwave days in May as energy demand surges

Many Indian states are likely to witness an above-average number ​of heatwave days in May, the weather ‌office said on Friday, as India continues to experience higher-than-average temperatures that are pushing energy demand to ​a record high.

Reuters • May 1, 2026

India boosts coal and gas output as power demand hits record peak in heatwave

India ramped up coal and gas-fired power ​generation last week as peak demand ‌hit a record 256.1 gigawatts (GW) over the weekend amid a heatwave, official data showed.

Reuters • Apr 27, 2026