India may introduce incentive packages totaling up to ₹23,000 crore in the union budget for FY 2026-27 to boost domestic manufacturing of high-value capital goods. Schemes for construction equipment and automotive sectors are nearing finalization, aiming to reduce import reliance and strengthen global value chains.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy