A spike in oil prices can affect even those Indians who don't drive cars, as costlier fuel increases transportation costs, which can make daily-use items more expensive. Additionally, chewing gum, toothpaste, deodorants and cosmetics use oil-based compounds, while clothing materials like nylon and polyester are derived from petrochemicals. Plastics used in packaging and toys also depend on oil.

Amazon India Vice President Abhinav Singh said India has tremendous space for e-commerce to grow. “Amazon is very optimistic about the long-term potential in India. There is the demographic dividend…the GDP is growing at a rapid pace," he said. He further added that growth is visible in Tier 2 and Tier 3 cities in India as e-commerce adoption rises.

The Ministry of Mines has said that it will launch the seventh tranche of auctions for 19 critical minerals across several states on Monday. The ministry has so far successfully launched six tranches of auctions for 46 critical and strategic mineral blocks, it further said. The minerals include lithium, graphite, tungsten, titanium and vanadium, which are geographically concentrated, it said.

Domestic institutional investors (DIIs), who invested ₹1 lakh crore in equities in 39 trading sessions this year, took 12 sessions to deploy another ₹1 lakh crore. The surge in buying comes amid a sharp correction in markets triggered by Middle East war. DIIs saw record inflows of over ₹7.75 lakh crore in 2025 and over ₹5.23 lakh crore in 2024.

The war in the Middle East is disrupting India's supply chains, as several sectors rely on Gulf imports. Higher risks to shipping routes are raising freight costs and delaying deliveries. This is widening India's current account deficit as oil import bills rise. Prices of LPG and non-energy imports like fertiliser, precious metals and polymers may increase, affecting everyday consumer prices.

PM Narendra Modi was briefed on the global situation and the mitigating measures undertaken by the Centre to weather the ongoing Middle East war. The war's economic impact on India and the availability of critical needs for the common man, including food, energy and fuel, were discussed. Alternative fertiliser sources, coal stocks and import diversification were also discussed.

The Petroleum and Explosives Safety Organisation instructed its offices to dispose of City Gas Distribution (CGD) applications within 10 days, aiming to accelerate the rollout of piped natural gas (PNG). The move comes amid concerns surrounding supply disruption and shortages of LPG. Commercial LPG consumers in major cities and urban areas have also been advised to shift to PNG.

Stock exchanges released standard operating procedure (SOP) on introduction of "Closing Auction Session" (CAS) in the equity cash segment. The closing price of stocks in the cash segment will be determined by CAS. It will replace VWAP for settlement in qualifying stocks. A single equilibrium price (match price) will be discovered, which will become the official closing and settlement price.

The government may use the offer-for-sale (OFS) route to sell a stake in IDBI Bank and increase public shareholding, PTI reported citing sources. This comes as the proposed sale of a 60.72% majority stake held jointly by the government and LIC fell through after bids fell short of the reserve price. The current public float in the bank is 5.29%.

Deceased entrepreneur Sunjay Kapur's mother Rani Kapur has removed his wife Priya Sachdev Kapur as a trustee of the RK family trust, Republic reported. Rani Kapur reportedly said in a notice that the assets under the trust belonged to her, entitling her to remove Priya. Rani Kapur had earlier approached the Delhi High Court questioning the formation of the trust.