In response to the ongoing conflict in West Asia, the Indian government has extended a financial support package of approximately ₹1.23 lakh crore to Oil Marketing Companies (OMCs). This initiative aims to mitigate the losses incurred by OMCs due to rising crude oil prices, which have led to daily under-recoveries of ₹652 crore. The support, which includes excise duty cuts, is intended to prevent immediate fuel price hikes for consumers and manage inflationary pressures as oil imports remain high. Additionally, the government is addressing challenges in the fertilizer sector, seeking a 100% increase in subsidy allocation to cope with rising prices and limited nutrient availability. Meanwhile, a reduction in gold imports has been noted, attributed to higher import duties, which have helped narrow the trade deficit. Despite these challenges, government sources indicate that the Indian economy remains resilient, supported by strong domestic demand and infrastructure spending.