Latest S&P Global India News & Updates

New Delhi, May 6 (IANS) Energy price spikes and supply constraints from the Middle East war are feeding into broader economic stress for India and marks the largest energy shock on record for India, a report said on Wednesday. The report from S&P Global India said India’s post‑COVID fiscal consolidation such as cutting the fiscal deficit from 9.2 per cent of GDP in FY2021 to 4.4 per cent in FY2025‑26 — now faces its toughest challenge. “The Middle East war represents the biggest test…