India moves to buffer economy against Iran war fallout
Published on: May 15, 2026, 5:13 p.m. | Source: The Economic Times
India is taking urgent steps to protect its economy. Fuel prices have risen. Gold imports are restricted. Local government staff in Delhi are working from home to save fuel. Sugar exports are temporarily banned. These actions aim to conserve foreign exchange reserves amid global pressures. The nation faces challenges from rising oil prices and foreign investor outflows.
