GENERAL29 Sept 2026
Team up against unilateral action: Shaktikanta Das to Global South
Shaktikanta Das, principal secretary-2 to Prime Minister Narendra Modi, has asked Global South countries to work together against one-sided moves. He wants trade and energy sources spread out, not dependent on one route. This matters because US tariffs and West Asian conflict are pushing up crude oil import costs. If you run a business, keep an eye on fuel and freight bills and plan for costlier imports.
Key Statutory Highlights
- Shaktikanta Das is principal secretary-2 to Prime Minister Narendra Modi.
- He has called for a comprehensive strategy against energy shocks.
- He urges trade and energy diversification as US tariffs and West Asian conflict escalate crude import pressures.
Actionable Advice for Taxpayers / Founders:Review your fuel, freight and import costs this quarter and note how a crude price rise could affect your margins; consider whether you need a backup supplier or route, and check with your CA or business advisor before making big commitments.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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