Back
Flip
Vertical
Horizontal
All Pages
1 / 80
Mailing List
Share
Fullscreen
sanjay singh avatar
Technology

Policy Economic Report July 2026 - v4

By sanjay singh

Go to stand
Share link
https://covver.com/magazine/sanjaysingh1305/policy-economic-report-july-2026-v4-2
Published
Aug 7, 2026
Pages
80
Language
English

More in this magazine

  • CoverFIPI Federation of Indian Petroleum Industry
  • Page 2FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 3FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 4FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 5FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 6FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 7FIPI POLICY AND ECONOMIC
  • Page 8FIPI POLICY AND ECONOMIC OIL & GAS MARKET and options. Speculators were increasingly betting on easing geopolitical risk premiums. At the same time, they sharply raised short positions to their highest level since December 2025, fuelling volatility and accelerating the decline in oil futures prices. Combined futures and options net long positions in ICE Brent and NYMEX WTI dropped to their lowest level since January 2026.
  • Page 9FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 10FIPI POLICY AND ECONOMIC
  • Page 11FIPI POLICY AND ECONOMIC
  • Page 12FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 13FIPI POLICY AND ECONOMIC
  • Page 14FIPI POLICY AND ECONOMIC
  • Page 15FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 16FIPI POLICY AND ECONOMIC OIL & GAS MARKET growth path despite recent geopolitical disruptions. Emerging market economies generally outperformed advanced economies, with India recording the strongest expansion among all economies covered by the survey, followed by Ireland, China and Japan, reflecting the continued resilience of domestic demand in several Asian economies.
  • Page 17FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 18FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 19FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 20FIPI POLICY AND ECONOMIC
  • Page 21FIPI POLICY AND ECONOMIC OIL & GAS MARKET per cent in FY 2026-27, compared with 7.7 per cent in FY 2025-26, before improving modestly to 6.8 per cent in FY 2027-28. While the projected slowdown reflects a more challenging global environment, India's growth outlook continues to compare favourably with that of other major economies, supported by resilient domestic demand, sound macroeconomic fundamentals and continued policy support.
  • Page 22FIPI POLICY AND ECONOMIC
  • Page 23FIPI POLICY AND ECONOMIC
  • Page 24FIPI POLICY AND ECONOMIC
  • Page 25FIPI POLICY AND ECONOMIC
  • Page 26FIPI POLICY AND ECONOMIC
  • POLICY AND ECONOMIC OIL & GAS MARKETFIPI Figure 14: HSBC India Manufacturing PMI sa, >50 growth since previous month
  • Page 28FIPI POLICY AND ECONOMIC
  • Page 29FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • POLICY AND ECONOMIC OIL & GAS MARKETFIPI Figure 15: Total Trade during June 2026
  • Page 31FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 32FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 33FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 34FIPI POLICY AND ECONOMIC OIL & GAS MARKET kilometres of previously restricted offshore areas have significantly expanded exploration opportunities. These reforms, complemented by investments in geoscientific surveys and the National Data Repository, are expected to improve exploration success rates and attract greater investment into frontier basins.
  • Page 35FIPI POLICY AND ECONOMIC
  • Page 36FIPI POLICY AND ECONOMIC
  • Page 37FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 38FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 39FIPI POLICY AND ECONOMIC
  • POLICY AND ECONOMIC OIL & GAS MARKETFIPI Indian Basket Crude oil price
  • POLICY AND ECONOMIC OIL & GAS MARKETFIPI Table 4: Non-Doc liquids production in 2026, mb/d
  • Page 42FIPI POLICY AND ECONOMIC
  • Page 43FIPI POLICY AND ECONOMIC
  • POLICY AND ECONOMICFIPI OIL & GAS MARKET
  • Page 45FIPI POLICY AND ECONOMIC
  • Page 46FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 47FIPI POLICY AND ECONOMIC OIL & GAS MARKET was further revised for the period 1st April, 2025 30th September, 2025 was notified as US$10.04/MMBTU on Gross Calorific Value (GCV) basis. Prices were further revised for the period 1st October, 2025 - 31st March, 2026 was notified as US$9.72/MMBTU on Gross Calorific Value (GCV) basis as per notification dated 30th September 2025. As per notification dated 31st March 2026, gas prices were further revised for the period 1st April 2026-30th September 2026 and was notified as US$ 8.90/MMBTU on Gross Calorific Value (GCV) basis.
  • POLICY AND ECONOMICFIPI OIL & GAS MARKET
  • Page 49FIPI POLICY AND ECONOMIC
  • Page 50FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 51FIPI POLICY AND ECONOMIC
  • Page 52FIPI POLICY AND ECONOMIC
  • Page 53FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 54FIPI POLICY AND ECONOMIC
  • Page 55FIPI POLICY AND ECONOMIC
  • Page 56FIPI POLICY AND ECONOMIC
  • Page 57FIPI POLICY AND ECONOMIC
  • Page 58FIPI POLICY AND ECONOMIC
  • Page 59FIPI POLICY AND ECONOMIC
  • Page 60FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 61FIPI POLICY AND ECONOMIC
  • Page 62FIPI POLICY AND ECONOMIC
  • Page 63FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 64FIPI POLICY AND ECONOMIC
  • Page 65FIPI POLICY AND ECONOMIC
  • Page 66FIPI POLICY AND ECONOMIC
  • Page 67FIPI POLICY AND ECONOMIC
  • Page 68FIPI POLICY AND ECONOMIC
  • POLICY AND ECONOMIC OIL & GAS MARKETFIPI Solar street lighting and provision of lighting in Rs. 1 lakh per MPC MPCs of PVTG areas (under PM JANMAN
  • Page 70FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 71FIPI POLICY AND ECONOMIC
  • Page 72FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 73FIPI POLICY AND ECONOMIC OIL & GAS MARKET success of efforts to ramp up assured domestic supply and reduce reliance on the blending mandate.
  • Page 74FIPI POLICY AND ECONOMIC
  • Page 75FIPI POLICY AND ECONOMIC OIL & GAS MARKET bring together governments, industry, investors, technology leaders, researchers, startups and academia to strengthen partnerships, promote innovation and shape the future of sustainable and technology-driven mining. Highlighting the transformative reforms undertaken over the past decade under the leadership of Prime Minister Shri Narendra Modi, he noted that transparent auctions, commercial coal mining, accelerated exploration, ease of doing business and technology-led governance have positioned India among the world's most attractive mining destinations. Referring to emerging global challenges related to energy security, critical minerals and resilient supply chains, he said India is pursuing an integrated approach that combines policy reforms, technological advancement, value addition, sustainability and international collaboration to build a future-ready mining ecosystem. The Minister expressed confidence that the event would strengthen global partnerships, showcase India's mineral potential and technological capabilities, and contribute to realizing the vision of Aatmanirbhar and Viksit Bharat. He urged all technology innovators, researchers, industries and other stakeholders to be part of the India Mining Week 2026.
  • Page 76FIPI POLICY AND ECONOMIC OIL & GAS MARKET policy reforms and accelerated exploration. Announcing the forthcoming launch of the 8th round of Critical and Strategic Mineral Blocks auctions, he said the initiative will further strengthen domestic availability of critical minerals, encourage greater private sector participation, attract investment and reinforce India's resilient mineral value chains. He noted that India Mining Week 2026 will serve as a global platform to showcase India's mining reforms, resource potential and emerging opportunities while fostering international collaboration, innovation and investment in the sector.
  • Page 77FIPI POLICY AND ECONOMIC OIL & GAS MARKET
  • Page 78FIPI POLICY AND ECONOMIC
  • Page 79FIPI POLICY AND ECONOMIC
  • Page 80FIPI POLICY AND ECONOMIC
Text of this page

FIPI

POLICY AND ECONOMIC OIL & GAS MARKET

As India progresses towards becoming a developed nation, Samudra Manthan represents a transformational national initiative that will unlock the country's offshore energy resources, strengthen long-term energy security, deepen technological capabilities, and create enduring value for the economy and future generations.

Over the past decade, the Government has undertaken transformative reforms across the upstream sector, including opening almost the entire offshore acreage for exploration, modernising the legislative and contractual framework, and strengthening the National Data Repository. Building on these reforms, Samudra Manthan will usher in a new era of accelerated offshore exploration through strategic public investment, cutting-edge technologies and world-class infrastructure.

8. Meeting of Consultative Committee for the Ministry of Power Held

The Consultative Committee of the Ministry of Power met under the chairmanship of Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, to deliberate on the proposed framework for parallel distribution licensing aimed at promoting consumer choice, improving service quality and ensuring efficient utilisation of electricity distribution infrastructure. The meeting was attended by Shri Shripad Yesso Naik, Minister of State for Power, Members of Parliament who are members of the Consultative Committee, Secretary, Ministry of Power and senior officials of Ministry of Power.

Addressing the Committee, the Union Minister stated that the Electricity Act, 2003 had successfully introduced competition in electricity generation, transmission and trading, while distribution remains the only major segment where competition continues to be limited. He emphasized that as India moves towards becoming a developed nation under the vision of Viksit Bharat @2047, consumers will increasingly expect reliable, affordable and high-quality electricity supply comparable to global standards.

It was discussed that while the existing legal framework permits more than one distribution licensee in the same area, it requires each licensee to establish its own distribution network. This results in duplication of poles, lines and substations, increases capital expenditure and discourages fresh investment, ultimately leading to inefficient utilization of resources.

The proposed framework seeking to enable competition in electricity supply without requiring duplication of the physical distribution network was discussed in detail. Under the proposal, existing distribution licensees will continue to own, operate and maintain their networks. New distribution licensees will be able to use the existing network by paying regulated wheeling charges, while retaining the option to develop their own network wherever permitted by the concerned State Electricity Regulatory Commission.

The Minister highlighted that the detailed implementation framework would be developed by the State Electricity Regulatory Commissions to ensure fairness, transparency and non-discriminatory access to the network. The proposal also fully protects the interests of incumbent distribution

July 2026