India

Bharat Gas customers across India can now book LPG cylinder refills conveniently through multiple digital platforms, eliminating the need to visit gas agencies physically. BPCL, the distributor of Bharat Gas, offers several options including IVRS calls, SMS, WhatsApp, the Bharatgas mobile app, and its official website. Once a booking is made, customers receive an SMS confirmation containing the booking reference and expected delivery schedule.

India’s equity markets experienced a turbulent week, with the benchmark BSE Sensex falling 4,354.98 points (5.51%) and the NSE Nifty 50 dropping 1,299.35 points (5.31%). Investor sentiment was dampened by rising crude oil prices, escalating inflation concerns, and geopolitical tensions in West Asia. The combined market capitalisation of India’s top 10 companies shrank by Rs 4.48 lakh crore, with HDFC Bank witnessing a decline of Rs 61,715 crore, making it one of the biggest losers.

Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey emphasized the deepening and resilience of India’s capital markets in a media briefing, even as global economic uncertainties continue to influence market dynamics. Pandey urged retail investors to avoid impulsive reactions to short-term fluctuations, emphasizing patience and long-term strategies. 

India’s basmati rice exports are expected to remain stable in the current and next financial year despite geopolitical tensions in West Asia. Export volumes are projected to grow by up to 2 percent from the 6.06 million tonnes recorded in FY25. While shipments to Iran—traditionally a major buyer—may decline due to regional uncertainties, rising demand from markets such as Saudi Arabia, Iraq, the United Arab Emirates, and Yemen is expected to offset the impact. 

India’s banking sector has written off loans worth Rs. 9.75 lakh crore over the past 11 financial years, reflecting a prolonged effort to clean up stressed balance sheets. The write-offs peaked in FY20 at Rs. 1.59 lakh crore before gradually declining to Rs. 47,568 crore in FY25. Financial authorities emphasize that loan write-offs do not absolve borrowers of their repayment obligations; banks continue recovery efforts through legal and asset reconstruction mechanisms. 

In response to evolving geopolitical tensions in West Asia, the Indian government announced a 31% increase in domestic liquefied petroleum gas (LPG) production to secure uninterrupted supply for households nationwide. Officials from the Ministries of Petroleum and Natural Gas, External Affairs, Ports, Shipping and Waterways, and Information and Broadcasting highlighted that all refineries are operating at high capacity, maintaining sufficient crude oil inventories. The government confirmed India’s self-sufficiency in petrol and diesel production, eliminating the need for imports.

India’s medical device industry is witnessing robust growth, with exports surpassing USD 4 billion in FY25 and ambitious plans to reach a USD 30 billion market by 2030. Leveraging a significant domestic market and rising global demand for affordable, high-quality medical technologies, India is positioning itself as a reliable manufacturing and export hub. Government initiatives, industry collaboration, and regulatory reforms are key drivers in strengthening the MedTech ecosystem.

India’s economic trajectory signals a rapid ascent toward becoming the world’s third-largest economy, driven by robust digital public infrastructure, highways, railways, renewable energy, and space initiatives. The Bharat Progress Report 2025-26 highlights over 100 milestones, including UPI transactions surpassing Rs 21 lakh crore and Aadhaar authentication exceeding one billion. However, the equity markets faced turbulence, with BSE Sensex and NSE Nifty 50 declining sharply due to rising crude oil prices, inflation concerns, and geopolitical tensions in West Asia.

India’s integrated sugar industry is projected to witness moderate revenue expansion in FY26, supported by improved sugarcane availability and relatively stable sugar prices. Industry estimates suggest revenue growth in the range of 5–8 percent during the fiscal year. However, profitability is expected to remain largely steady as higher sugarcane procurement costs and stagnant ethanol prices limit margin expansion. The Fair and Remunerative Price (FRP) for sugarcane has been raised to Rs. 355 per quintal for the upcoming season, adding cost pressures for mill operators.

India’s coal production from captive and commercial mines has surpassed the 200 million tonne milestone in the current financial year, reflecting steady growth in domestic energy output. Data released by the government indicates that captive and commercial coal blocks accounted for the vast majority of this production, contributing more than 194 million tonnes, while other mines added a smaller share. Coal dispatch also recorded notable growth, rising by over 7 percent year-on-year.