2 news · updated Jun 12, 2026

India seeks Russian waiver

2026-06-11

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports

India intends to widen its fiscal deficit to 4.8% of GDP due to soaring fuel and fertiliser subsidies caused by global oil price spikes linked to the Iran conflict. The government is evaluating spendi

reuters · 2026-06-11 20:57 UTC

2026-05-13

India Requests U.S. Extension of Russian Oil Waiver Amidst Regional Conflict

India has requested a U.S. extension of its Russian oil import waiver due to energy supply disruptions from the ongoing Persian Gulf conflict. The report was cited by Bloomberg News, though Reuters co

reuters · 2026-05-13 22:54 UTC

India seeks Russian waiver

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports

India Requests U.S. Extension of Russian Oil Waiver Amidst Regional Conflict

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