Economy News ( English version)

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  • India-Japan seek to advance coop in critical minerals, semiconductors & ICT May 13, 2026
    India and Japan have strengthened economic ties. A key dialogue focused on industrial and technological cooperation. Five sectors were prioritised: critical minerals, semiconductors, ICT, clean energy, and pharmaceuticals. Both nations aim to build resilient supply chains. Discussions also covered defense, trade, and energy security.
  • India’s economic strength defies foreign outflow fears, S&P Says May 13, 2026
    S&P Global Ratings said India is coping with global financial pressures better than headline data indicate, adding that concerns over foreign investment outflows are overstated. The agency said India has enough buffers to manage a wider current-account deficit caused by rising oil prices.
  • India books phosphate fertilizer at 40% above pre-war prices May 13, 2026
    India has contracted diammonium phosphate (DAP) fertilizer at prices nearly 40% higher than pre-war levels as the Middle East conflict disrupts supplies and lifts global prices. Indian Potash Ltd. agreed to buy about 1.35 million tons of DAP for delivery on the west and east coasts at around $930-$935 per ton, exceeding the 1.2 million tons sought in last we […]
  • Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flow May 13, 2026
    Officials at both the finance ministry and Niti Aayog are identifying economic opportunities presented by the Iran conflict, as well as gauging the impact of the surge in global oil prices on the economy under different price bands. Niti Aayog will likely draw up a report on matter.
  • Inflation in driver’s seat likely to stall discretionary spend May 13, 2026
    While consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptions and Prime Minister Narendra Modi’s recent call for austerity could threaten to derail that recovery, said executives and analysts. The impact is expected to be sharpest in electronics.

 

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