Moody’s retains India’s Baa3 rating; flags Middle East conflict as emerging risk
Strong growth and stable external position support rating, but high debt and geopolitical risks weigh on outlook.
Govt encouraging bulk sourcing of key inputs through National Small Industries Corporation to ease supply disruptions for MSMEs
Two weeks into the war, Indian government taps into state-controlled NSIC to source key inputs for MSMEs, nudges them to route demand through NSIC
Moneycontrol Pro Panorama | Paper barrels
In this edition of Moneycontrol Pro Panorama: Trump’s NATO stance could reshape global security dynamics, market stress signals emerging beneath surface stability, geopolitics driving markets more than economic fundamentals, and more
OPINION | Why India needs a duty-free trade in digitally delivered services
With India being a net exporter of digitally delivered services, its IT sector relies on seamless, low-cost cross-border flows—making taxation on such transactions economically self-defeating
Services PMI falls to a 14-month low of 57.5 in March
Services activity moderates from February, but decline less sharp than manufacturing slowdown
UAE’s economic miracle is facing its worst stress test
The UAE’s brand with its implied promise of safety and business opportunity is under a massive strain as Iran rains missiles and cluster bombs on it. Its economy would alter drastically as the Emirates' rulers are likely to invest heavily in air defence systems and survival mechanism
MPC April Policy Preview: The RBI's delicate interlude
For a central bank accustomed to navigating between growth and inflation, April 2026 presents a subtler challenge: managing expectations in a world where neither variable is the immediate problem, but both could yet become one
Middle East tensions a concern, but RBI likely to stay on hold for now
Critical in April policy is how the RBI communicates on the evolving risk scenarios, which could provide some clues to the markets about RBI actions in the period ahead, said Indranil Pan of Yes Bank.
Moneycontrol Pro Weekender | Can Trump walk away from the Iran war?
While global markets hope for de-escalation, the strategic stakes in the Middle East make a quick exit difficult. Here's what it means for Indian investors
The Reading List: April 3, 2026
Our research and opinion teams bring to you a selection of articles and social media gems from the world of economy, business and finance for your weekend read
India's Russian crude imports jump 90% in March as Hormuz block reshapes oil basket: Report
The disruption in the Strait of Hormuz — a critical global energy chokepoint — significantly impacted India’s energy supplies
Business in the Week Ahead (April 6-10, 2026)
Markets next week will track global cues for direction, including services PMI trends; the RBI policy decision; and US growth, inflation, and labour data.
RBI likely to take a calibrated approach in April policy, balancing inflation concerns with growth momentum amid West Asia turmoil
At current bond yield levels, markets appear to be pricing in the risk of cumulative rate hikes exceeding 100 bps, suggesting that a significant portion of adverse developments may already be reflected in bond valuations.
India’s FTAs with UK, Oman likely to kick in by May; New Zealand deal may be signed by April-end, says Piyush Goyal
The India-UK Comprehensive Economic and Trade Agreement (CETA) was signed in July 2025, while the Oman deal was inked in December 2025, and the FTA with New Zealand was finalised later that same month and awaits formal signature
India, ASEAN manufacturing slowdown drags global momentum as West Asia crisis continues
Business confidence and hiring stay strong in India, as optimism dips across the world
Moneycontrol Pro Panorama | 'Tis time for investors to look beyond the battlefield
For this edition of Moneycontrol Pro Panorama: Iran war tests India’s BRICS presidency, government struggles to regain investor confidence, startups attract faculty signalling an emerging trend, and more
RBI just activated rupee crisis plan: What India did to battle 2013 taper tantrum, 1997 Asian financial crisis
In 2013, Raghuram Rajan was appointed RBI Governor by then Prime Minister Manmohan Singh at a time when emerging markets were under severe pressure
SEZ relief scheme time-bound, to tackle global trade disruptions: Govt sources
Officials said the duty structure has been calibrated to provide a level playing field between SEZ units and domestic manufacturers.
India’s manufacturing PMI falls to a 4-year low of 53.9 in March
This is the the weakest reading since September 2021 when the Purchasing Managers’ Index (PMI) stood at 53.7
OPINION | After the Iran war, what changes for India
Iran remains central despite damage; the conflict reshapes, not resolves. Energy access and shifting capital preferences may modestly favour India, even as regional uncertainty persists
India's BRICS presidency faces its toughest test as Iran war splits the bloc
With Iran, Saudi Arabia, and the UAE — all BRICS members — on opposing sides of a major war, India's chairmanship has shifted from setting an agenda to preventing a collapse
GAAR not applicable on income from transfer of investments prior to April 2017: CBDT
CBDT has amended Income-tax Rules, 2026, saying that any income accruing or received by any person from transfer of investments made before April 1, 2017, will not come under the General Anti Avoidance Rules
OPINION | India has crossed peak coal. Now, the path to peak oil will transform its economy
India's trade deficit is an energy problem. Solving it requires completing the transition already underway. Once that’s done, economic sovereignty will be within grasp
SEZ units can sell in domestic market at concessional duty for a year
The measure, announced in the Budget 2026–27, will be effective from April 1, 2026 to March 31, 2027
Moneycontrol Pro Panorama | Is the war ending, or is Trump bluffing?
In this edition of Moneycontrol Pro Panorama: Trump’s claim that the Iran conflict may end in “two to three weeks” offers hope, but don’t take his words as a guarantee
