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The Iran conflict and its effect on the world’s energy supply will slow India’s growth, according to Moody’s credit rating agency. has the latest.

New Delhi seeks energy supplies from Tehran as the conflict in Iran continues to affect supply chains. This marks India’s first crude oil shipment from Iran since May 2019, following the US lifting sanctions on purchasing Iranian oil. Officials have denied that payment issues were the reason for a tanker carrying Iranian crude changing its course from India to China mid-journey. An Indian convoy belonging to a Congress party official, Shashi Tharoor, was attacked in Kerala. An Indian tanker transporting 46,000 metric tonnes of liquefied petroleum gas (LPG) is en route to Mumbai after passing through the Strait of Hormuz. The ongoing conflict in Iran has significantly disrupted global energy supplies, impacting India, which heavily relies on LPG for cooking purposes.

Here is a summary of recent updates fromIndiafrom Saturday, April 4th and Sunday, April 5th:

Moody’s lowers India’s growth projection to 6% due to the conflict in the Middle East

Moody’s Analytics has reduced India’s economic growth forecast for the current financial year to 6%, down from 6.8% previously.

The rating agency stated that theUS-Israeli war against Iranand its effect on the worldwide energy market will hinder India’s growth pace and increase inflation dangers.

“Considering India’s economic vulnerability due to the continuing military conflict in the Middle East, we anticipate real GDP growth to slow down to 6% in fiscal year 2026-27, compared to the previous estimate of 6.8%,” reported India’s PTI news agency, quoting the Moody’s report.

The agency anticipated that India’s economy would encounter a variety of difficulties, such as “limited private spending, reduced industrial output, and a slowdown in the growth of gross fixed capital formation due to high prices and increased production costs.”

India ranks as the fourth-largest economy globally and is the third-largest importer and consumer of oil. This South Asian country also imports 60% of its liquefied petroleum gas (LPG).

Most of these oil and gas resources flow through the Strait of Hormuz, a critical passage in the Persian Gulf that Iran has successfully closed off since February 28 following US-Israeli attacks.

New Delhi has focused on ensuring energy supply for homes, reducing the amount available for industrial purposes. As a result, factories in industries such as stainless steel and plastics have reduced their output.

As the war continues, worries increase about the growing cost of energy imports and the risk of a larger balance of payments shortfall.

“Although inflation is currently under control, geopolitical uncertainties have shifted the inflation outlook upwards,” Moody’s stated, forecasting inflation to reach an average of 4.8% in FY27, compared to 2.4% in FY26.

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Nine family members, among them six minors, were killed when a vehicle plunged into a well

Nine individuals, among them six minors, lost their lives when their vehicle fell into an unsecured roadside well in Nashik district, Maharashtra.

The vehicle dropped into a water-filled well in Dindori town late on Friday as the victims, who were all from the same family, were returning home from an event, according to police reports on Saturday.

Authorities stated that the well, which was 25 meters deep, did not have sufficient safety measures and submerged the vehicle entirely, leaving all passengers trapped.

After over two hours, rescue crews recovered the vehicle, and all nine individuals were confirmed deceased at a medical facility.

Officials are looking into the event.

Families of those who died in the Air India crash send a letter to Prime Minister Modi

The families of those who perished in last year’s Air India AI171 aircraft accident have sent a letter to Indian Prime Minister Narendra Modi, requesting the disclosure of the cockpit voice recorder (CVR) and black box information to uncover the reason behind the tragedy, as reported by media outlets.

Approximately 30 families from Gujarat expressed in a letter released on Saturday their desire to “discover the truth” regarding the incident that occurred on June 12, 2025, which resulted in 260 fatalities. Just one individual, a British traveler, emerged alive from the event.

The Boeing 787-8 aircraft, traveling from Ahmedabad to London,crashed shortly after take-offinto a medical college hostel area before catching fire.

Families mentioned that the absence of definitive results has intensified their sorrow, stating that if the information cannot be released publicly, it should at least be provided to them individually.

Copies of the letter were also distributed to aviation officials and Gujarat Chief Minister Bhupendra Patel.

India acquires Iranian oil as conflict impacts worldwide petroleum shipments

India has purchased Iranian oil for the first time since 2019, following the USexempted penalties for purchasing Iranian oil, officials stated on Saturday.

Amid supply issues in the Middle East, Indian refineries have met their crude oil needs, including sourcing from Iran; and there are no payment obstacles for importing Iranian crude, stated India’s petroleum ministry in a post on X.

India imports raw oil from more than 40 nations, with firms maintaining complete freedom to obtain resources from various regions depending on business factors, the statement mentioned.

India’s purchase of Iranian oil occurs as the world’s third-largest importer and user of petroleum productshas suffered greatly due to the conflict in Iran, which has greatly affected global energy supplies.

The Indian government was compelled to implement emergency measures to handle the approaching fuel shortage, while simultaneously communicating with Tehran to secure safe transit for vessels flying the Indian flag.

The ministry’s statement also labeled as “factually incorrect” reports suggesting that payment issues caused a tanker loaded with Iranian oil to change course mid-journey from India to China on Friday.

The government did not specify the cause for the shift.

Welcome again to our reporting

Hello! This is Shakeel once more, providing you with the latest news from different parts of India this weekend.

We are temporarily halting our reporting

Thanks for reading. We’ll return on Sunday morning with more of the key news from and regarding India.

See you then!

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Learn more in this report by ‘s Murali Krishnan.

Shashi Tharoor’s vehicle was targeted in Kerala

A convoy belonging to Shashi Tharoor, a member of parliament and senior opposition Congress party leader, was reportedly obstructed, with his security staff attacked in Malappuram district of Kerala, according to the police.

The event took place on Friday when Tharoor was heading to a rally in Wandoor, according to media outlets.

As per a police report, individuals in two cars halted the convoy and assaulted the parliamentarian’s staff as they attempted to clear the path.

Tharoor verified the event on X. “We continued without hesitation yesterday and completed two additional events as scheduled,” Tharoor stated.

Law enforcement has filed a non-bailable case against one suspect and arrested another, while initiatives are being made to capture additional individuals, according to media outlets.

The Times of Indiastated that five individuals took part in the assault.

Tharoor is campaigning for his party in the southern region of Kerala, where voters will cast their ballots on April 9, with the vote counting set for May 4.

Earthquake of magnitude 5.9 strikes Afghanistan, causing tremors in North India

Some areas in northern India, such as New Delhi, experienced shaking when a 5.9-magnitude earthquake struck Afghanistan early on Friday.

The earthquake resulted in the deaths of at least eight individuals in Afghanistan.

Read more here.

LPG tanker heading to India passes through the Strait of Hormuz

A liquefied petroleum gas (LPG) tanker named Green Sanvi, en route to India, has passed through the Strait of Hormuz, according to live tracking information from the Marine Traffic website.

This is the seventh vessel flying the Indian flag to pass through the strait following the Iran conflict, which nearly halted traffic in the waterway.

A vessel owned by Mitsui, loaded with 46,000 metric tons of liquefied petroleum gas (LPG), is set to arrive in Mumbai.

The conflict has significantly affected global energy distributions, including those in India, a nation that mainly relies on LPG for cooking purposes.

India is also the second-largest importer of LPG globally.

The administration headed by Prime Minister Narendra Modi was forced to implement emergency measures to handle theimpending fuel crisis while also engaging with Tehranto arrange for secure transit of vessels flying the Indian flag.

On Friday, a tanker that is under US sanctions, transporting Iranian oil, altered its route during the journey from India to China. Specialists noted that the ship, named Ping Shun, shifted its path from Vadinar in Gujarat to Dongying, likely because of issues related to payments.

Welcome to our coverage

Hello! This is Shakeel from New Delhi’s studio, greeting you to our weekend broadcast.

Did you notice the chill in the atmosphere in New Delhi this morning?As we reported yesterday, it’s because of western disturbances currently impacting the area.

Today, we are monitoring anLPG tankerheading towards Mumbai following a passage through the Strait of Hormuz.

In the meantime, the convoy of Congress MP Shashi Tharoor was halted, and his security staff were attacked as he made his way to a campaign event in Kerala.

Additionally, some regions in India experienced shaking due to the 5.9-magnitude earthquake that occurred in Afghanistan.

Keep watching for the newest news from all over India.