The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.
India's trade deficit widened to a five-month high of $30.43 billion in June, compared to $19.10 billion in June 2025, according to data released by the Ministry of Commerce.
Foreign institutional investors turned net buyers with cash market inflows of over Rs 3,421 crore in the first week of July, even as analysts warned that geopolitical risks and India-US trade developments could keep markets volatile.
The development comes after the US launched overnight airstrikes on Iran in response to Tehran's alleged attacks on three vessels in the Strait of Hormuz.
Nayara Energy has cut petrol prices by Rs 5 per litre and diesel prices by Rs 3 across its nationwide fuel station network after easing global crude oil prices. The reduction took effect from July 1.
Crude oil deliveries from Russia's Druzhba pipeline to the Czech Republic resumed on Friday after two days of interruption, according to Czech refiner Orlen Unipetrol.
As we move into the second half of the fiscal year, the Reserve Bank of India’s (RBI) forecast of a 4.5 per cent average inflation rate brings some optimism.
Iraq exported about 108.053 million barrels of crude oil in July, the country's Oil Ministry announced Thursday.
The global oil market has become a battleground of sanctions and strategic manoeuvres.
With crude oil prices falling to a 4-month low in the international market, the Indian economy is expected to get a shot in the arm.
